personal finance

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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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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Disputing Errors on the Credt Report

April 13, 2010
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When you are applying for a home loan one of the first steps is a credit check. Your loan officer should go over your credit report with you to make sure there are no errors on your report. In June 2004, The U.S. Public Interest Research Group published the results of a survey it conducted […]

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The Do’s and Don’ts during the Loan Process

April 8, 2010

Click here for our What Not To do Handout for a more informaion! Many people think that after they fill out the loan application and apply for a loan it’s all smooth sailing until the closing. For most people that assumption would be correct, however, more than one person has had the "breaks" put on […]

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What determines your Credit Score?

April 2, 2010

Mortgage Atlatna uses three main credit agencies, Equifax, TransUnion, and Experian to determin your credit score. Each agency receives information from your creditors and uses five main factors to determine your score. Each agency awards points for each of these five components. Credit Scores may range from 300-850. The factors are listed below in order […]

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