Mortgage Guide

Finance your home quickly and conveniently by choosing one of our Preferred Lenders

Once you have chosen your lender, you will need to provide them with all requested documentation. Below is a loan application checklist that may be a guide for your Lender and will help complete your loan package.

    Our Preferred Lender

    Georgia - Element Home Loans

    DeAnn EllisSr. Mortgage Consultant1555 Bankers Boulevard | Suite I-200
    Monroe, GA 30655
    (770) 616-8042

    South Carolina - Element Home Loans

    Morgan StevensMortgage Loan Officer1108 Clark Street
    Covington, GA 30014
    (404) 401-0992

    Discover Your Buying Power


    Use our free mortgage calculator to quickly discover how much home you can afford, estimate your monthly payment, and set a down payment goal.

    Mortgage Calculator


    Qualifying with different types of income

    • Qualifying Income - Must have 2 years of Income history to qualify (ex: W2, Self-employed or 1099 employee).
    • Rental Income - Must have 2 years of rental income history to qualify (Programs may vary).
    • Other Forms: Social Security, commission, car allowances, child support, interest, and dividend income. See a mortgage professional for additional forms that may qualify.


    The following assets may be resources for your down payment and must be verified by your lender

    • Saving/Checking
    • IRAs, Thrifting saving plans, 401(k) and Keogh accounts
    • Stocks and bonds
    • Savings bonds
    • Gift Funds
    • Sale of personal property
    • Downpayment assistance programs
    • Sales of real estate
    • Collateralized loans
    • Disaster relief grants and loans
    • Employer assistance programs


    Different loan programs have different requirements

    • FHA loans: Can be approved with a credit score of 580.
    • Conventional Loans: Requires a credit score of 620 *Note: Most lenders require a 640 credit score.

    Good credit profile = Better Rates.

    Factors that weigh on your credit score: Payment history, outstanding credit balances, credit history, debit/credit ratio, type of credit, and inquiries.

    FHA, Conventional, and VA all have different requirements. Consult your loan officer per specific qualifying requirements.



    Employment history of at least 2 years

    • Education counts as history
    • Self - employment must be greater than 2 years by the same business with tax returns

    W2 -tax returns may be required.

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