A recent survey by Ipsos found that the American public is still somewhat confused about what is actually necessary to qualify for a home mortgage loan in today’s housing market. The study pointed out two major misconceptions that we want to ...
Mortgage Option for Mobile Homes in Georgia
Terms
· 15, 20, & 30 Years Loan Options Available
· As little as 5% down payment
Credit
· Minimum Credit Score of 620 or Higher
· Debt to Income of no more ...
The housing market has taken off again.
Home prices are climbing fast and closing in on the record highs we saw just before the housing bubble burst.
Bidding wars for desirable homes are common in many cities, putting incredible pressure on buyers to spend more.
Yet the fundamentals of wise ...
View MoreConventional Loans and Government Loans
Mortgages can be classified as either “conventional loans” or “government loans.” Conventional loans can be conforming or jumbo, but are not insured or guaranteed by the government.
Then there are government loans, such as the widely popular FHA loan. This type of mortgage is ...
View MoreGeorgia Dream Homeownership Program
What is Georgia Dream?
The Georgia Dream Homeownership Program provides first mortgage loans, down payment assistance and home buyer education to eligible home buyers. An eligible borrower must not have owned a home in the past three years, or must be purchasing a home in ...
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