General Borrow amounts exceeding the conforming loan amounts ($252,700 allowed by Fannie Mae/Freddie Mac). Typically has a slightly higher interest rate and different requirements for down payment than smaller loans due to different underwriting requirements. Excellent product mix — Georgia Mortgage Rates works with a number of investors to ensure we can meet all your borrowing needs. Loan amounts up to $2 million. Reduced Documentation Loans Minimum 5% down payment. Available for salaried or self-employed borrowers. Income and employment stated, but not verified. 15, 20 and 30 year fixed rate loans. 1-year Treasury ARM maximum loan $650,000, minimum 20% down payment. Owner-occupied primary residence and second home. Maximum loan up to $1.5 million; loan amounts below $252,700 allowed. No Ratio Loan Minimum 10% down payment. Good credit required. No calculation of debt or income ratios. No income disclosure or verification. Available for salaried or self-employed borrowers. 15 and 30 year fixed rate loans. 1-year Treasury ARM. Owner-occupied primary residence and second home. Maximum loan amount up to $1.5 million; loan amounts below $252,700 allowed. No Income/No Asset (NINA) Loan Minimum 10% down payment. Excellent credit required. No income or employment verification. Available for salaried or self-employed borrowers. 15 and 30 year fixed rate loan. 1-year Treasury ARM. Owner-occupied primary residence (borrowers may not own other property). Maximum loan amount up to $1 million; loan amounts below $252,700 allowed. Excellent Credit program requirements are tougher. Examples of disqualifying factors may include: Late payments. Balances on accounts too high (e.g., credit cards are all at the limit). Credit history too short (<2yrs). Too many accounts with balances. If you apply, we will order your credit report (and any co-applicants) to confirm excellent credit history and timely account payment, particularly for the past 12 months. Expanded Exception Program Minimum 5% down payment. Excellent credit required. Maximum required debt to income ratio 50% (higher than the industry standard of 36% debt ratio). 30 year fixed rate loans. Owner-occupied primary residence, second home and investment property. Maximum loan amount up to $1 million; loan amounts below $252,700 allowed. Excellent Credit program requirements are tougher. Examples of disqualifying factors may include: Late payments. Balances on accounts too high. (e.g., credit cards are all at the limit). Credit history too short (<2yrs). Too many accounts with balances. If you apply, we will order your credit report (and any co-applicants) to confirm excellent credit history and timely account payment, particularly for the past 12 months. Condominiums Low-rise less than 5 stories. High-rise 5 stories or more. Expanded condominium enhancement (allows financing of condominiums in a project where less than 50% of the units are sold and closed — which is higher than the industry standard). Condotel* *Condominium property that offers many of the special services available at hotels such as food service and maid service. It is operated as a commercial hotel even though the units are individually owned. Second or Vacation Homes Minimum 10% down payment (less than industry standard of 20% down payment). Borrower may finance a maximum of 4 properties and may own a maximum of twenty 1-4 unit properties. 15, 20, 25 and 30 year fixed rate loans. 1-year Treasury ARM. Maximum loan amount up to $1.5 million; loan amounts below $252,700 allowed. Investment Property Minimum 10% down payment (less than the industry standard of 30% down payment). Borrower may finance a maximum of 4 properties and may own a maximum of twenty 1-4 unit properties. 15, 20 and 30 year fixed rate loans. Maximum loan amount $1.5 million; loan amounts below $252,700 allowed. Reduced Documentation Programs available. Foreign National Minimum 10% down payment. Available for self-employed and salaried borrowers. 15 and 30 year fixed rate loans. 1-year Treasury ARM — owner occupied primary residence and second home, maximum loan $650,000, minimum 20% down payment. Owner-occupied primary residence, second home, investment property, 2-4 unit property. Borrower must have social security number. Maximum loan amount up to $1 million; loan amounts below $252,700 allowed. Restrictions apply. Program terms are subject to change. Some products not available in all states.