We’ll help you choose the loan that’s right for you.
Loan Options
We offer full-service lending support from start to finish, updates throughout the loan process, education to guide you, fast underwriting turn times, and a wide selection of loan products to meet your specific needs and financial situation. Here are some of our most popular options, but we’ll help guide you to the one that best fits your needs.
Conventional
This “traditional” loan presents the best value mortgage loan. Low rate, low down payment. Option with only 3% down payment. Minimum 600 blended credit score.
Jumbo
For larger loan amounts. Up to $2.5 million. 95% LTV. No mortgage insurance.
Sub Prime Financing
Bank statement program available. DSCR Investor Loans. No income, no employment loans. Condotels. Non-warrantable condo. TIN Loans.
FHA
Government-backed loans for those with lower credit scores and higher debt-to-income ratios. 580 credit score is 3.5% down. 500 credit score is 10% down. 100% financing credit score is 600.
Renovations
203K loans FHA streamline and standard. Fannie Mae homestyle. VA Rehab.
GA Dream Homeownership
For customers who not have owned a home in the past three years. $7,500 to use toward a down payment. PEN program is $10,000 toward a down payment or closing costs for local heroes (e.g., teacher, firefighter, police officer). Must invest $1,000 into home purchase. Minimum 640 credit score.
VA
Tailored to customers who are serving/have served in the military or widowed spouses. Get 100% financing with no down payment required. Minimum 580 credit score. Rehab loans available up to $50,000 in repairs.
USDA
US Dept of Agriculture subsidizes qualified borrowers for rural financing with no down payment and lower monthly payments. 100% financing. Minimum 580 credit score.
Refinance
For customers who currently own a property and are looking to improve their financial situation or take out cash from the property’s equity.
“We are known for problem-solving. Our knowledge and experience is so extensive, we can look at a denied loan and often identify problems that can be solved. My heart is to help people. It gives me great satisfaction to be able to help someone buy a home and achieve their goals.”
— DeAnn Ellis Davidson, Element Home Loans
