101% FINANCING NO DOWN PAYMENT, CONVENTIONAL LOAN
101% Financing Covers the purchase price and closing costs, less cash out of pocket. Conventional Loan + Built-In Assistance One streamlined program with down payment support included. Flexible First-Time Buyer Rule Only one borrower must be a first-time homebuyer. Stack the Savings Gift funds and seller-paid closing costs can be used in some instances Fixed Rate Stability Predictable monthly payments with no surprises. Wider Access Than You Think Available in AL, FL, GA, and SC with flexible income limits and primary residence guidelines.
your path to homeownership just got smoother
PROGRAM QUALIFICATIONS
Minimum credit score of 660
Max DTI is 50%
140% AMI Borrower must meet county-specific income limits single-unit property only, manufactured homes are not eligible Home must be a primary residence based on property location Purchase Price Must be under conforming loan limits Buyer must complete a qualified homebuyer education course prior to closing
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
©2025 NFM, Inc. dba Element Home Loans. ®Trade/service marks are the property of NFM, Inc. and/or its subsidiaries. Equal housing lender. 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 requirements. Refinancing an existing loan may result in the total finance charges being higher over the life of the loan. Not all programs are available in all areas. Offers may vary and are subject to change at any time without notice. For Arizona originators: AZ# BK-0934973. In Alaska, business will only be conducted under NFM Lending and not any of our affiliate sites. NFM NMLS# 2893 NMLS #148916 GA MLO# 25670
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