Ar_home_b_search
 



georgia mortgage 101: 9 Simple Ways to Save for a Mortgage Down Payment - 10/11/08 08:19 AM

Kay, 404-298-5500, Georgia Mortgage Consultant
Most mortgages today require a 3% to 5% down payment. Even if you qualify for a no-down payment mortgage, saving before you buy a home is a smart financial strategy.
Having a healthy savings account demonstrates financial maturity, and makes it easier for your mortgage to be approved. In addition, there are unforeseen costs associated with owning a home. Having a savings account cushions your transition from renter to home owner.
Accumulating savings doesn't have to be a difficult process. It is possible to make the easy, small changes that lead to … (0 comments)

georgia mortgage 101: Applying for a Georgia Mortgage: Your Credit Score Makes A Big Difference - 07/20/08 03:54 PM
Kay, 404-298-5500, VA and Georgia Relocation Mortgage Specialist
Your Fair Isaac Credit Score (FICO) is a number between 300 and 850. The higher the number, the better. Each credit bureau (Equifax, Experian and TransUnion) issues you a credit score based on the FICO model. While there are other agencies that issue credit score ratings, most lenders use FICO.
Mortgage companies typically look at your “midscore” which is the middle of the three numbers. For example, if your credit scores are 710, 725 and 720, mortgage companies will base their decision on your midscore (720).
Your credit score doesn't only … (0 comments)

 

Kay, GA Mortgage Advisor - VA Specialist

Lithonia, GA

More about me…

Kay, GA Mortgage Officer & VA Specialist

Office Phone: (404) 298-5500

Email Me



Get updates via email.
Enter your email address here.


Powered by FeedBlitz


Links

Archives

RSS 2.0 Feed for this blog