Sounds easy to ask, doesn’t it? “When can we close?”
Sure, everyone would like to hear, “Oh, just whenever you’re ready!”
The truth? Whether you are a real estate investor looking for a mortgage for acquisition, rehab or construction or you are a homeowner just looking to purchase a home there are a couple of points you [...]

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 [...]

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 [...]

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 [...]

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 [...]

I can’t make this up – watch this video [link].
You know how brokers are always being slammed for “bad loans”? This actually proves it was not the broker but the lender who was most guilty as I have insisted all along. In fact as brokers we were and are able to beat the lender’s pricing [...]

Most home owners and home buyers have no idea what APR (Annual Percentage Rate) is. I know this because of the over 3000 borrowers I have dealt with a very large percentage have questioned it. Oddly enough most loan officers don’t fully understand APR and those who do often understand it just enough to manipulate [...]

If this short post in any way sounds condescending it is by no means intentional. There is, however, a good cause for expedience in delivering this information in today’s volatile market. Two weeks ago I could easily offer a 4.75% interest rate on a thirty year fixed rate FHA home loan. Last week that rate [...]

Sure, there’s the old argument that people who don’t make a down payment can’t afford the home. Then there’s the realistic fact that in Georgia you can buy a HUD home for well under market value from HUD using our FHA acquisition loan and only $100 down thus saving your down payment for clean up [...]