Standard Loan Terms
AFM uses a traditional, consumer-friendly structure:
30-year fixed-rate mortgage
Fully amortizing (payment stays the same each month)
Owner-occupied only
No prepayment penalty
No balloon payment
This keeps payments predictable and stable.
Loan-to-Value (LTV)
AFM supports purchases up to 90% LTV, meaning:
You bring a minimum of 10% down payment
Doorly finances the remaining 90%
Closing Costs
Typical closing costs include:
Title fees
Recording fees
Taxes
Doorly’s origination fees
Your exact total is provided in your final disclosures before closing.
Transparency at Every Step
You receive:
Doorly SmartEstimate™
Loan estimate
Closing disclosures
Clear breakdown of fees
Just like any traditional mortgage closing.