Client Tips

HARP 2.0 FAQs

January 27, 2012

HARP FAQ: What is HARP? How do I know if my loan qualifies for a HARP refinance? Do I have to use my current lender to take advantage of HARP? I am upside down on my mortgage, can I still refinance with HARP? Do I have to pay closing costs? Will I need an appraisal? […]

Read the full article →

HARP 2 (Home Affordable Refinance Program)

January 16, 2012

Late last year the government along with Fannie Mae and Freddie Mac announced plans for a new version of their HARP program.  HARP has been around for a few years and allowed home owners with Fannie Mae or Freddie Mac loans to refinance with expanded guidelines.  The new version, or HARP 2.0, eliminates most of […]

Read the full article →

Guide to Down Payment

December 31, 2011

When applying for a home loan one of the first things to contemplate is your down payment.  You should spend some time discussing the different down payment requirements with one of Mortgage Atlanta’s loan specialist.  Depending on the type of loan you are applying for the requirements will be different.  Some loans allow your entire […]

Read the full article →

HARP – Making Home Affordable Streamline Refinance

May 29, 2011

    HARP or Streamline Refinance was created under the “Making Home Affordable” program administered by Fannie Mae and Freddie Mac.  Making Home Affordable offers strong options for homeowners to refinance into lower rate mortgages. The number one objection to refinancing right now is people don’t think they can qualify for a lower payment.  HARP […]

Read the full article →

Mortgage Atlanta’s Guide to FHA Loans

May 29, 2011

Federal Housing Administration (FHA) loans are a great way for people to buy or refinance a home.  The FHA is a division of the US Department of Housing and Urban Development (HUD) The FHA was created in 1934.  The mission of FHA is to promote home ownership.  FHA insures our loans so Mortgage Atlanta can […]

Read the full article →