Ga Dream PEACH ADVANTAGE
Unlock the Door to Affordable Homeownership in Georgia! The Peach Advantage Program offers conventional financing designed to help more families purchase a home with lower out-of-pocket costs, flexible assistance options, and no geographic restrictions.
Flexible Down Payment Assistance:
Who Q ualifies:
Key Benifits:
Conventional Loans Up to 105% CLTV with second mortgage No Minimum Contribution Required from borrower Available Statewide – no county or census tract limitations Income limits up to 150% AMI (Area Median Income)
All eligible buyers (not just first-time!) 640+ FICO DTI = the lesser of 45%
Borrowers can choose: No DPA
2%, 3%, 4%, or 5% of the first mortgage loan amount
or AUS approval Households with moderate incomes
(up to 150% AMI)
Interest rates vary based on DPA selection.
Buyers seeking the benefits of conventional financing with added assistance
Owner-occupied properties only
DeAnn Ellis Davidson Senior Mortgage Consultant NMLS# 148916 | GA MLO# 25670 120 Second St. Suite 100 Monroe, GA 30655 Office: 855-ELEMENT Cell (770) 616.8042 EllisMortgageTeam.com DeAnnEllis@elementhl.com
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. Not all programs are available in all areas. Offers may vary and are subject to change at any time without notice. Equal Housing Lender. MLO licensing information: . 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). NFM, Inc. is not affiliated with, or an agent or division of, a governmental agency or a depository institution. © 2024 NFM, Inc. dba NFM Lending. America’s Common Sense Lender® Trade/service marks are the property of NFM, Inc. and/or its subsidiaries. Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act.
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