NO RATIO L O A N
Our No Ratio Loan is designed for borrowers who want a more flexible option. With no income documentation or debt-to-income ratio requirements, this program is ideal for self-employed individuals, business owners, or anyone with non-traditional income sources.
PROGRAM HIGHLIGHTS
20% Down Gift Funds Acceptable, 700 Credit Score 25% Down Gift Funds Acceptable, 680 Credit Score Cash Out Refinance or Purchase Second Home and Primary Residence
12 Months Reserves 30 and 40 Year Fixed Rate terms Interest Only Option Available 12 Months from Credit Event US Citizen, Non Perm Resident Alien, Perm Residence Alien 6% Seller Contribution
Let us help you achieve your homeownership goals with a loan that works for your unique financial situation.
DeAnn Ellis Davidson Senior Mortgage Consultant NMLS# 148916 | GA MLO# 25670 155 Bankers Boulevard, Unit I-200, Monroe, GA 30655 Office: 855-ELEMENT Cell (770) 616.8042 EllisMortgageTeam.com DeAnnEllis@elementhl.com
Equal Housing Lender. MLO State Licensing Information AL, FL - LO117378, GA # 25670, SC # MLO-148916, TN # 148916. NFM Lending is not affiliated with any real estate companies. You are entitled to shop around for the best real estate company for you. A pre-approval is a preliminary verification of your credit and assets and not a guarantee that you will be approved for a mortgage loan. The loan application approval will only be given when the property is subject to completion of an application and verification of home ownership, occupancy, title, income, employment, credit, home value, collateral, and underwriting requirements. Make sure you understand the features associated with the appraisal, title search, and other verifications are complete. Additional financial documentation may be necessary. Subject to Debt-to-Income and Underwriting requirements. This is not a credit decision or a commitment to lend. Eligibility is subject to completion of an application and verification of home ownership, occupancy, title, income, employment, credit, home value, collateral, and underwriting requirements. Make sure you understand the features associated with the loan program you choose, and that it meets your unique financial needs. NFM, Inc. d/b/a NFM Lending. For NFM, Inc.’s full agency and state licensing information, please visit www.nfmlending.com/licensing. NFM, Inc.’s NMLS #2893 (www.nmlsconsumeraccess.org). requirements. Not all programs are available in all areas. Offers may vary and are subject to change at any time without notice. This is a brokered product, subject to change at any time. Make sure you understand the features associated with the loan program you choose, and that it meets your unique financial needs. Subject to Debt-to-Income and Underwriting requirements. This is not a credit decision or a commitment to lend. Eligibility is subject to completion of an application and verification of home ownership, occupancy, title, income, employment, credit, home value, collateral, and underwriting NFM, Inc. is not affiliated with, or an agent or division of, a governmental agency or a depository institution.
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