Products

As no two people are alike, Equity Loans 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.

First-time Home Buyer Loans
     Down Payment Assistance
USDA Rural Home Loans
FHA Loans
VA Loans
Conventional/ Fannie Mae/ Freddie Mac
Jumbo Mortgages
Home Equity Loans
Reverse Mortgages

Refinancing Options     
     FHA Streamline
     DU Refi Plus/ Freddie Mac Relief
     FHA Jumbo
     VA Interest Rate Reduction Loan

Purchasing a Home? Equity has a product for you!

First Time Home Buyer Loans

• 97% Conventional loans
• Fannie Mae HomePath – 3% down payment with no appraisal and no mortgage insurance 

Down Payment Assistance

• 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. 

USDA Rural Home Loans

• 100% Financing – Loan can be based on Appraised Value vs. Sales Price
•  Closing costs can be rolled into the loan

FHA Loans

• Low, 3.5 % down payment and reduced credit qualifications
• $100 Down HUD Homes - Purchase a HUD foreclosure with a down payment of only $100 
• 203K Rehabilitation Loans - Purchase a home that needs repairs with just 3.5% down and finance up to $35,000 of renovations including the rehabilitation closing cost into the purchase loan
• 203B with Repairs -  Allows for repairs up to $5,000

VA Loans

• 100% Financing available to eligible veterans for purchase or to refinance current home

Conventional/ Fannie Mae/ Freddie Mac

• Second Home and Vacation homes with only 10% down 
• Investment Property with only 20% down 

Jumbo Mortgages

• 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

Home Equity Loans

• We offer stand alone 2nd mortgages for home improvements or in connection with a first mortgage to purchase a home.

Reverse Mortgages

• 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!

Refinancing Options

• 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