As no two people are alike, Equity Prime offer a variety of government, conventional and niche loan programs to meet your mortgage needs. Click on the links below to learn more about our mortgage products.
Purchasing a Home? Equity has a product for you!
- Equity Prime, LLC is direct lender on VA Loans. If you are Veteran, Reservist or Active duty you can qualify for a VA loan. Listed below are the VA loan programs
- Purchase loans up to 100% loan to value
- Cash out loans up to 100% Loan to value
- VA IRRRL – Non income qualifying refinance
- VA High Balance loan up to $625,500.00
- Equity Prime, LLC is a FHA full Eagle Lender. This allows is to underwrite government loans in house. It is designed for low – to – moderate income borrowers with flexible underwriting requirements. Listed below are FHA loan programs
- Purchase loans up to 96.50% Loan to value
- 620 Min score requirement
- Gift funds allowed for down payment
- Seller can pay closing costs
- 203K – Rehabilitation Loans
- FHA – Streamline Refinance (non- income qualifying)
- FHA – High balance loan up to $729,750.00
- 100% Financing – Loan can be based on Appraised Value vs. Sales Price
- Closing costs can be rolled into the loan
- 97% Conventional loans
- Fannie Mae HomePath – 3% down payment with no appraisal and no mortgage insurance
- Georgia Dream – provides $5,000 down payment assistance, with a minimum contribution of $1,000
- Protectors, Educators, & Nurses – this is a program administered through Georgia Dream that provides up to $7500 in down payment assistance
- Gwinnett County Homestretch – provides up to $7500 in down payment assistance
- Neighborhood Stabilization Program (NSP) is County and State specific.
- Equity Prime, LLC is a Fannie Mae direct seller/servicer. Conventional loans are available to borrower that meet guidelines set by Fannie Mae & FreddieMac. Fixed and adjustable rate mortgages are available under this product for the following purposes
- Purchase Loans up to 95% Loan to value
- Rate & Term refinance loans up to 90% Loan to value
- Cash out loan up to 80% Loan to value
- Investment properties up to 75% loan to value
- We offer Jumbo loans of up to $5,000,000 with competitive rates
- We offer FHA Jumbo loans in High Cost areas with a down payment of just 3.5%
- Super conforming loans- above GSE limit in designated areas
- We offer stand alone 2nd mortgages for home improvements or in connection with a first mortgage to purchase a home.
- For borrowers 62 years old – can be used for purchase or refinance
- Funds can be received in a lump sum, set monthly amount or a combination of both
- No income or credit check
If you are looking for a lower payment or lower interest rate, Equity has many options available!
- Conventional – Lower your payment or pull cash out for home improvements
- FHA Streamline – Allows you to refinance your current FHA loan with no income documentation
- DU Refi Plus /Freddie Mac Relief – Refinance your current Fannie Mae or Freddie Mac loan with no appraisal
- FHA Jumbo- Refinance your high mortgage balances in high cost areas.
- VA Interest Rate Reduction Loan- Refinance your current VA loan with no income documentation