If you’re thinking of selling your home, and you expect that the total amount you owe on your mortgage will be greater than the selling price of your home, you may be facing a short sale. A short sale is one where the net proceeds from the sale won’t cover your total mortgage obligation and […]
Technology Snapshot & Benefits: Energy-efficient mortgages are one of the most beneficial and under-utilized programs the consumer can find and capitalize upon in today‘s real estate market. An energy-efficient mortgage can add an additional 15% of a home’s appraised value to the principal of a new loan or a refinance, often at no additional cost, […]
FHA-Insured Loans offer many benefits and a level of security that you won’t find in other loans. While these loans are funded by Academy Mortgage, the Federal Housing Administration (part of the U.S. Department of Housing and Urban Development) insures these mortgages so Academy can offer you a better deal. With flexible qualification guidelines, these […]
Micole Sudduth Direct: 404.574.2639 Fax: 678.904.8326 5565 Glenridge Connector, Suite 400 Atlanta, GA 30342 http://www.academymortgage.com/ Micole and Joy have been able to work swiftly in getting my clients approved and closed! They also work with Atlanta Development Authority Down payment assistant programs close in 45-60days depending on the program you participate in.
The Obama Administration on Wednesday signed a bill that attempts to inject some hope into the housing rescue program–called Hope for Homeowners. The original program asked banks to reduce mortgage balances voluntarily to 90 percent of a home’s current market value. The loan would then be refinanced into an FHA mortgage. The program didn’t […]
I know I said this before…but really, NOW is a good time to buy. Take a look at what my mortgage specialist sent me: “DCA Allows up to $14,000 for down payment or repairs on foreclosed properties under Neighborhood Stabilization Program The Department of Community Affairs, better known as DCA, has come out with a […]
Mortgage assistance up to $50,578 Contact Tracey Powell ADA Mortgage Officer at 404-614-8280 for more details..
More buyers in search of home loans are turning to an obscure program operated by the United States Department of Agriculture. The program allows no-money-down purchases. In fact, including a mortgage insurance policy, a borrower can seek up to 102 percent. To be eligible, buyers can’t have income that exceeds 115 percent of the median […]
At least one loan servicing company is retooling mortgages to lower the loan balance as well as the rate in order to keep borrowers in their homes. Reducing the principal on mortgages is “a last resort,” says Paul Koches, executive vice president at Ocwen Financial Corp., a West Palm Beach, Fla., loan servicer. Ocwen has […]
I’m always asked “Are you closing anything in this market?- Are your buyers getting funding?” Thankfully I can say ” YES, YES,YES”!… I owe this to the wonderful, hardworking, knowledgable lenders I continue to work with. If you are considering buying a home, your first step will be to obtain a Pre-Qualification letter. I suggest contacting a few […]