Conventional Products + Dynamic Pricing

Competitive by Design: Conventional Products and Dynamic Pricing at PwrTPO

Not every borrower is buying in a high-cost metro. Not every loan is pushing conforming limits. And for mortgage professionals who work across a range of markets and price points, having a lender that prices competitively across the full conventional product suite, including lower loan amounts, is a real advantage.

This week we're covering two things that work together to expand what you can offer your borrowers: PwrTPO's conventional product lineup and our dynamic pricing for lower loan amounts.

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PwrTPO Conventional Products

PwrTPO offers a full suite of conventional loan products designed to meet the needs of a wide range of borrowers and scenarios. Whether your client is a first-time buyer putting 3% down or a repeat buyer with significant equity, there is a conventional path worth exploring.

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Why Conventional?

Conventional loans remain the most widely used mortgage product in the country, making up the majority of purchase and refinance originations. For borrowers with solid credit profiles, conventional financing often delivers the best long-term cost picture, particularly because private mortgage insurance (PMI) can be removed once the borrower reaches 20% equity, unlike FHA mortgage insurance which can last the life of the loan.

Conventional products also offer flexibility across property types, loan purposes, and occupancy scenarios that government loans do not, including second homes and investment properties.

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What PwrTPO Brings to Conventional Lending

✓  Full Fannie Mae and Freddie Mac product access

✓  Fixed options

✓  Primary residence, second home, and investment property

✓  Purchase, rate/term refinance, and cash-out refinance

✓  Consistent and competitive pricing backed by 150+ years of combined TPO experience

✓  Knowledgeable account executives ready to help you structure the deal

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PwrTPO's operations team is built around delivering a smooth, timely experience on conventional loans. With an average submission to clear to close of approximately 14 business days and 100% U.S.-based operations, your borrowers get a predictable process and your pipeline stays moving.

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A Note on Home Possible and HomeReady

Home Possible (Freddie Mac) and HomeReady (Fannie Mae) are conventional affordable lending programs with their own pricing frameworks designed for low to moderate income borrowers. PwrTPO supports these programs, though they operate under separate pricing guidelines from our standard conventional products. If you have borrowers who may qualify, reach out to your account executive to discuss the right fit.

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Dynamic Pricing for Lower Loan Amounts

Here is where things get interesting for mortgage professionals working in markets where home prices are more modest.

PwrTPO uses dynamic pricing for lower loan amounts, meaning we adjust our pricing specifically to be more aggressive on smaller loans rather than penalizing borrowers for not financing at higher balances. In simple terms, dynamic pricing means your borrower with a $240,000 loan amount gets pricing that reflects the actual competitive value of that loan, not a generic rate sheet that was built around larger loan sizes.

This matters because lower loan amounts have historically been harder to price well at the lender level. Dynamic pricing is how PwrTPO closes that gap.

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Dynamic Pricing: Conventional

✓  All standard conventional loans (excluding Home Possible and HomeReady)

✓  Loan amounts below $300,000

✓  Aggressive pricing built to compete at lower loan amounts

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Dynamic Pricing: Government

✓  FHA, VA, and USDA loans

✓  Loan amounts below $275,000

✓  An additional 50 bps on FHA loans with FICO scores of 700 and above

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The FHA 700+ FICO bonus is worth calling out specifically. Many of your well-qualified borrowers choose FHA not because of credit issues, but because of down payment. A 720 FICO borrower putting 3.5% down on an FHA loan under $275,000 unlocks both the base dynamic pricing and the additional 50 bps improvement. That is a meaningful rate advantage you can put in front of a client.

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Who Benefits Most

PwrTPO's conventional product lineup and dynamic pricing structure create opportunities across a wide range of borrowers:

• First-time buyers in affordable markets financing under $300,000 conventional

• FHA borrowers with strong FICO scores who want the best available rate

• VA and USDA borrowers financing modest loan amounts

• Move-up buyers who fit conventional guidelines

• Investors and second home buyers who need conventional product flexibility

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How to Get Started

If you are already a PwrTPO partner, pull your next conventional or government scenario through Loansifter or ARIVE and see where dynamic pricing lands for your borrower's loan amount.

If you are not yet partnered with PwrTPO, now is a good time to explore what consistent pricing, experienced account executives, and a lender built around your success looks like in practice.

Your borrowers deserve competitive pricing at every loan amount. PwrTPO is built to deliver it.

Become a Partner at pwrtpo.com

Equal Housing Lender | NMLS ID #1124061

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