Average Fico Loans
What is an Average Fico Loan?

Low Score, No Problem!

Answer the following questions if you need a Conventional loan and your score is under 620 but, your co-borrower's score is greater than 620: we average these scores.
Loan Purpose
Credit Score
Free Credit Review
We will review your questions, credit and help guide you through the Loan Process. We are there for you from first phone call, to first key turn and long after.
Credit Score <620, Yep
Conventional Mortgage Loans generally require a 620 credit score for all borrowers. However, if one borrower's score is higher and the other is lower, but the average is greater than 620, you can now get a Conventional Mortgage Loan.
Low Down Payments
Conventional Mortgage Loans allow as little as 3% of the home's purchase price as a Down Payment. Couple this with our Fannie Mae HomeReady rate and cost caps for stellar pricing.
Our Promise
We know you have questions: Will I be qualified? How long will it take to close? What is the process of qualification and approval for a mortgage? Our promise is to do our best to address all of your questions and assist you throughout the process to maximize the chance of achieving your desirable results.
Average Fico Loans 101
Average Fico Loans are unique lending solutions that allow us to help borrowers overcome their credit challenges. Our Loan Officers are trained in the art of Loanjitsu, we look for all the ways we can get you approved. Creative lending, with a mix of credit repair and decades of experience.  
Investment Properties
FHA, VA and USDA loans all require the home to be a borrower's primary residence. Conventional Mortgage Loans fill in for non-primary homes. However, the 620 minimum credit score requirement is sometimes a barrier to entry. Not with our Average Fico loan. We average all borrower credit scores. If we are above 620, we can qualify.  
Manufactured Homes
Looking for an affordable housing solution? Manufactured and modular homes have come a long way since your grandma's trailer. We offer purchase and refinance home loans on Manufactured / modular homes on Conventional loans by utilizing our Average Fico loan feature.  
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SATORI MORTGAGE
NMLS # 4190 Mortgage Broker
2808 West Broadway Minneapolis, MN 55411
(866) 405-3697
info@satorimortgage.com
Complaints may be directed to: Phone: (855) 906-6784 or Email: compliance@satorimortgage.com
Copyright ©2022 Satori Mortgage. NMLS# 4190. 2808 West Broadway Minneapolis, MN 55411 (866) 405-3697. All rights reserved. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE COMPANY OR A LICENSED RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550. THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE COMPANY RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEB SITE AT WWW.SML.TEXAS.GOV.