foley: Prospect Mortgage Exclusive - Alabama HomePath Program 11-20 Financed - 09/15/12 02:47 AM
A brand new Fannie Mae HomePath® opportunity is now available to Alabama investors.  The Fannie Mae HomePath® loan program has now been expanded to allow up to a total of 20 financed properties (including those currently being financed) under an exclusive Prospect Mortgage loan program.  No other lender in the country can offer this special financing to AL buyers.
 
 
Only Prospect Mortgage gives you the opportunity to capitalize on both the below-market prices of foreclosures owned by Fannie Mae and the ability to carry financing on up to 20 investment properties for each investor. Most loan programs allow only four to … (0 comments)

foley: New, Lower FHA Loan Limits for Baldwin County, AL - Effective October 2011 - 07/10/11 08:02 AM
The Housing and Economic Recovery Act of 2008 raised the maximum conforming loan limit in the contiguous United States, the District of Columbia and Puerto Rico to as high as $729,750.  Of course, most counties across the country saw much lower loan limits. 
Conforming loan limits, which had been raised for many high-cost areas throughout the country to a maximum of $729,750, are expected to expire September 30, 2011. After this deadline, high-balance loans will once again be classified as "jumbo" and carry a higher interest rate.
Once the maximum loan limits are lowered, the new FHA loan limit for Baldwin County, AL … (0 comments)

foley: Buy an Alabama Second / Vacation With as Little as 10% Down. - 07/21/10 04:16 PM
 
Buy an Alabama Second / Vacation with as little as 10% down.  Fannie Mae's HomePath® mortgage program is specifically for Fannie Mae REO properties.  Prospect Mortgage is pleased to be the nation's largest retail HomePath® mortgage lender.  Only a handful of lenders nationwide were selected to participate in Fannie Mae's special financing program. 
 
 
 
 
HomePath® Financing Highlights

Low down payment and fixed rate mortgage terms (30 & 15 Yr fixed-rate options) Up to 90% financing for Second / Vacation home for up to 4 financed properties Borrowers purchasing a Second / Vacation home with maximum 75% … (1 comments)

foley: Alabama Investors Can Purchase With as Little as 10% Down - 07/15/10 02:08 PM
Investors in Alabama are now able to purchase properties with as little as 10% down.  Fannie Mae's HomePath® mortgage program is specifically for Fannie Mae REO properties.  Prospect Mortgage is pleased to be the nation's largest retail HomePath® mortgage lender.  Only a handful of lenders nationwide were selected to participate in Fannie Mae's special financing program. 
 
HomePath® Financing Highlights

Low down payment and fixed rate mortgage terms (30 & 15 Yr fixed-rate options) Up to 90% financing for Investment Properties for up to 4 financed properties Borrowers purchasing an investment property with maximum 75% LTV/CLTV can own up to … (0 comments)

foley: HomePath Financing - Buy a Home in Alabama With Only 3% Down - 07/14/10 03:21 PM
Buy a new home in Alabama with as little as 3% down.  Fannie Mae's HomePath® mortgage program is specifically for Fannie Mae REO properties.  Prospect Mortgage is pleased to be the nation's largest retail HomePath® mortgage lender.  Only a handful of lenders nationwide were selected to participate in this special financing program. 
HomePath® Financing Highlights
This special financing is available exclusively on Fannie Mae homes with the HomePath® logo.  Fannie Mae has properties available all over Alabama including: Anniston, Athens, Auburn, Bessemer, Birmingham, Boaz, Bridgeport, Clayton, Decatur, Dothan, Fairfield, Fairhope, Florence, Forestdale, Foley, Fort Payne, Gasden, Gulf Shores, Homewood, Hoover, Jasper, … (3 comments)

 
Rodney Mason, VP of Mortgage Lending - AL, FL, GA, SC, & TN (Guaranteed Rate NMLS# 2611) Rainmaker large

Rodney Mason

VP of Mortgage Lending - AL, FL, GA, SC, & TN

Atlanta, GA

More about me…

Guaranteed Rate NMLS# 2611

Address: 825 Juniper St NE, Atlanta, GA, 30308

Office: (404) 591-2453

Fax: (404) 601-8488

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