Home Buyers Guide

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 […]

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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 […]

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To Buy or Not to Buy?

July 18, 2010

A client recently told me that they didn’t feel that now was the right time to buy because they were worried about housing prices.  They had just sold their house and were thinking about renting for the next year.  They had walked away from their sale with about $25,000 in cash.  I didn’t understand why […]

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Applying for mortgage? Starting June 1, you could face another credit screening!

May 18, 2010

By Kenneth R. Harney Saturday, May 15, 2010; E01 If you’re thinking about applying for a home mortgage, here’s some important news: Beginning June 1, your lender is likely to order a second full credit screening immediately before closing. The last-minute credit report will be designed to find out whether you have obtained — or […]

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Does a Low Credit Score Affect My Interest Rate?

May 6, 2010

When buying or refinancing a home with Mortgage Atlanta we estimate your ability to pay back your home loan based on your credit score. All lenders base your interest rate on the amount of risk your credit portfolio shows. Therefore, a low credit score can results in a higher interest rate, higher monthly payments and […]

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