Assets
When we Talk about Assets in the mortgage lending process, we are generally speaking about Liquid assets and funds for closing: Types of assets we can use: Checking […]
Category: alpharetta mortgage company
Property
Here is a simplified breakdown of what we look for when we look at Property: Clear Title((ALTA endorsement 9) Appraised Value LTV(loan to value) is based on the […]
Pre-Approval, What We Look For
We use the Acronym PAIL P – Property A – Assets I – Income L – Liabilities Property – Value, Type, Home Owners Association Fees, Occupancy(Owner Occupied, 2nd […]
Self Employed, Bank Statement Loans
As many of you know, when a client says they are Self Employed, the 1st thing a good Mortgage Loan Originator is going to ask is, “Are you […]
Jumbo Loan for Foreclosures and Short Sales
Now there is a JUMBO loan for folks that have had a Foreclosure or Short Sale in the last 2 years! 90% Loan to Value 2 years since […]
Loan Program Quick Summary for You!
I was talking to some of my Referral Partners and they said it would be helpful to have an overview of the Mortgage Loan programs available in today’s […]
3 Levels of Credit Repair, What goes down can come UP!
The simplest way to build, keep and maintain a good credit score is to have at least 3 Revolving Credit cards that you keep the balance at 20% […]
Seth Godin on “Saying No”
I have been really enjoying listening and learning from Podcasts over the last year or so. One of my favorite podcast shows is The Tim Ferris Show. Tim’s […]
Home Buyer Loan Financing Fears
“Our research suggests that there are too many eligible home buyers sitting on the sidelines due to misperceptions or anxiety about being turned down for a loan”. – Fannie Mae DOWN […]
45% of People Surveyed believed that you need At Least 20% down to purchase a home.—-Bankrate Money Pulse Survey
I almost Fell out of my Chair! That means that almost half of Americans, that are not home owners, believe that they need a 20% down payment to […]
Reverse Mortgage Purchase
Did you know? Your Client Can Use A Reverse Mortgage to Purchase a Home! What are the Requirements? Both Borrowers must be 62 years old or older Down Payment […]
Loan Program Spotlight – Alternative Credit
I asked my Referral Partners, “What information can I provide you that will help you reach your business goals this year?” Their answer, “Give us information on different loan programs […]
Dan’s Prescription for Purchasing a Home
After 15 year in the Mortgage Business and 1000’s of loan closings, here are the basics to preparing your finances for purchasing a home. If you are getting […]
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Win 4 Free Tickets to Six Flags! Register to win 4 free tickets to Six Flags along with 4 Flash Passes. Drawing to be on Wednesday May 15. […]
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Hi Dan, Are you a homeowner in the State of Georgia? Do you know the status of your property tax exemptions? You may be entitled to more property tax […]
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