“Oh I don’t want to mess with all that trouble”, the agent said to me during a phone conversation. She meant she did not want to mess with selling a home that needed a new roof, some plumbing repair, new carpet and new appliances which I could finance into the loan amount.
I asked, “why not? [...]

So you have the down payment – sourced and seasoned just like it needs to be. All saved up, stored away nicely in the bank for the last 60 days, and ready to be invested into a home. The closing costs are there, too, and all perfectly documented for the last two months. Great job! [...]

Probably so, the House of Representatives voted on the 8th to give service members who served a minimum of 90 days overseas an extension on their ability to claim the $8000 federal tax credit for first time home buyers. TBWS reported the extension of 6 months based on Housing Wire reports while US News reported [...]

Like it or not it’s coming to an end. There has been much lively debate about whether it should have existed to begin with, whether it should be increased and whether it should be extended. All of those aspects are all over the Internet. This is to remind you there is very little time left [...]

The MDIA Rule went into effect, in part, on July 31, 2009. Many people still are not aware of this rule and how it may affect every closing in the nation. This rule, unlike some others, applies to banks, lenders and brokers equally.? In short it says the Truth-In-Lending document with an accurate Annual Percentage [...]

All homes are not alike but most home buyers need a home loan to purchase the home unless they are successful enough to have the cash!
Many towns and cities today have true “town homes” where the building is mixed use. This particular home in downtown Smyrna, Georgia even has a little tomato garden on the [...]

With FHA and VA mortgage interest rates down here at the end of August it really could be one of the best times to refinance or buy in modern American history. There is still an abundance of available homes to be purchased and the First Time Home Buyer’s Tax Credit ends in just a little [...]

Preying upon people who are job searching is just as bad as preying on people who are sick or hungry. I know my normal posts are related directly to the mortgage industry and this one is loosely related in the fact that it is a credit scam. Unfortunately somebody out there who has been applying [...]

Georgia FHA Mortgage Rates
We constantly keep our eyes on the rates wondering if and when they will move and which direction they will go. As a Georgia FHA home loan expert I am most interested in FHA but we offer VA, Fannie Mae and Freddie Mac loans as well. Of course any move higher invokes [...]

Sometimes advertisers use language which may insinuate something different than the facts. Other times they may simply use a small strength they offer to obfuscate the massive strengths of their competitor. No, I don’t think Ditech is lying in their commercials about hidden fees. What they are doing, however, is insinuating their competitors have hidden [...]