Category: Uncategorized

Buying a home in a hot real estate market like Atlanta can be challenging because of housing prices. Most buyers cannot afford the upfront costs of a property, even if it’s a minimum investment in some of the more affordable areas of the city. As a result, many borrowers must apply for mortgage loans to… Continue reading The Benefits of VA Loans for Veterans and Active Duty in Atlanta

Homebuyers who enter the housing market in Georgia have plenty of research to do before purchasing a home. Most people require assistance with financing because they don’t have enough cash to buy a home. FHA and VA loan products offer viable alternatives if you cannot afford a conventional mortgage or if you qualify for these… Continue reading FHA Loan vs. VA Loan in Georgia: Key Differences for Homebuyers

Purchasing a home is an important investment, but many people are deterred from becoming homeowners because of the perceived costs. Conventional loans have eligibility requirements that are out of reach for many prospective buyers.  FHA loans make homeownership more accessible. The federal government created this loan program to incentivize more people to purchase houses. The… Continue reading What is an FHA Loan in Atlanta: The Ultimate Guide to FHA Loans in Atlanta

Buying a home in Georgia is expensive, even if you can find a relatively affordable property. In addition to the upfront costs of a new mortgage, down payment, and closing costs, you will inherit new monthly expenses to own and occupy the house.  Many homebuyers look at the numbers when purchasing a house and decide… Continue reading FHA Loan Eligibility Checklist in Georgia: What Homebuyers Need to Know

Purchasing a home in Georgia is one of the most important investments you can make. With a mortgage, your monthly payments build equity in the property, creating the potential for profits in the future. Unfortunately, home costs are a barrier for potential homeowners, especially with the challenging qualifications required for most traditional mortgage loans. The… Continue reading What are the Benefits of an FHA Loan in Georgia: 5 Reasons to Choose Over Other Options

Atlanta, Georgia, can be an expensive market to buy a home in, as can many major cities. Many prospective homebuyers feel they need help to afford a house in this area due to their income, credit score, or savings. Fortunately, there is a loan product that makes homeownership more affordable for these buyers: Federal Housing… Continue reading How to Apply for an FHA Loan in Atlanta: A Step-by-Step Guide

Most potential buyers will seek financing solutions when preparing to purchase a home. After all, homes are expensive in Georgia, averaging almost $330,000. As a result, your home search will start with seeking a mortgage loan to afford the cost of the home.  Mortgage loans are paid back over time through monthly payments that cover… Continue reading What Credit Score Do You Need for a Conventional Loan in Georgia?

In Atlanta, Georgia, buying a home requires a lot of money. The solution is a home loan, and one of the most popular loan programs available is a conventional mortgage.  Conventional loans are very popular in the Atlanta housing market. Conventional loans fall into two categories: conforming loans and non-conforming loans. These are differentiated by… Continue reading How to Qualify for a Conventional Loan in Atlanta: A Step-by-Step Guide

Conventional loans are a method of financing a home purchase. Conforming conventional loans follow Fannie Mae and Freddie Mac guidelines, which includes loan limits. If you plan to purchase a home in Atlanta, Georgia, with a conventional loan, you may be subject to the conforming loan limit of the county where you plan to buy.… Continue reading Conventional Loan Limits in Atlanta: What You Need to Know

A conventional loan is a mortgage from a commercial lender. Unlike FHA loans, conventional loans are not insured by the federal government. This article reviews conventional mortgages, outlines their benefits, and aims to help buyers decide the best loan type. Conventional mortgages can be a great way to finance a new home. What is a… Continue reading What is a Conventional Loan and Is It the Right Choice for You?