Getting prequalified for a mortgage is a critical step in buying a home. Hopefully you have already tracked down a free copy of your three credit reports and have checked it for errors. Now you need to get prequalified for a mortgage loan so you know how much home you can afford. Pre-qualification is a process…
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Getting to the Closing on Time Home Buyers are running in to an unexpected obstacle getting to the closing on time. Lenders who have promised the moon to newbie home buyers are having a hard time getting to closings on time. Home buyers who have been promised a 30 day application to closing time line…
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Let’s see if I can answer your questions about getting pre-qualified for a mortgage loan: You do not pay a fee to a mortgage lender (OK, lets just say reputable mortgage lenders do not charge a fee) to become pre-qualified for a mortgage loan You can get pre-qualified without making the formal loan application. There are…
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34.5 % of Atlanta Home Owners Underwater On Mortgage 34.5 % of Atlanta Home Owners Underwater On Mortgage – 1 out of 3 Alanta homeowners owe the bank more than their home is presently worth according to statistics released by CoreLogic. FROM THE AJC: “Numbers released this week show that 34.5 percent of all local…
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Tough Decision for Atlanta home owners: Loan Modification, Short Sale or Foreclosure Many homeowners are facing a tough decision about their home loan – Loan Modification, Short Sale or Foreclosure. Unemployment, under employment, illness, accidents and unexpected expenses have left may home owners without the means to pay their mortgage loan payment in full each month. What…
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