Rodney Mason - Conv, FHA, VA, USDA, Renovation

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Mortgage and Lending - Guaranteed Rate NMLS# 2611 - NMLS #151088
RECENT BLOG POSTS
USDA Program Basics   USDA Guideline FAQ - Appraisals (Also see Property Conditions)   USDA Guideline FAQ - Assets/Bank Accounts/GiftsSelf-Employed???? Acceptable Use of Business Funds for Closing   USDA Guideline FAQ - Credit USDA FAQ - Income/EmploymentBusiness Expense Deductions vs Qualifying ...
10/03/2010
Several changes to FHA loans will take effect tomorrow, October 4, 2010.  The Upfront Mortgage Insurance Premium will be reduced by about 55% on many loans.  All FHA loans will see the monthly mortgage insurance premiums rise by around 60%.  More on this at: HUD Announces Changes to FHA Mortgage ...
10/03/2010
Dolly Parton Makes Surprise Appearance at Atlanta Matinee of 9 to 5: The Musical The Tony Award nominated show, 9 to 5: The Musical, rolled into Atlanta this week.  At today's matinee performance, Dolly herself made a quick appearance.  She appeared onstage with the cast right after the final cur...
10/02/2010
The 30 in 30 challenge was definitely quite a challenge.  Trying to post at least once every single day does take a huge time commitment.  I did learn quite a bit during it though.  I started out by deciding to do a daily Market Update post.  Since I read market updates every day, I thought this ...
09/30/2010
The Tony Award nominated show, 9 to 5: The Musical, hits Atlanta this week after its very well received tour launch in Nashville last week.  As the second stop of the National Tour, the show opened last night at the Fox Theatre.  Performances will continue until this Sunday.  This brand new music...
09/29/2010
  FHA Program Basics Separate the Fact From the Fiction - The Real Story on FHA Seller Concession Limitations FHA Minimum Down Payment Increases to 3.5% on Jan 1st   FHA Guideline FAQ - Appraisals (Also see Property Conditions) FHA Appraisal Transfer Changes Effective January 1, 2010 FHA Appraisa...
09/28/2010
Program Basics HomePath Financing Mortgage Program Overview/Updates Conventional Loan Limits to Remain Unchanged in 2011 Conventional Guideline FAQ - Assets Self-Employed???? Acceptable Use of Business Funds for Closing Conventional Guideline FAQ - Credit Do You Need a New Credit Report Before C...
09/28/2010
HomePath® Financing Highlights   Low down payment and flexible mortgage terms (30 & 15 Yr fixed-rate with available interest-only option) Up to 97% financing for Owner Occupied homes Up to 90% financing for 2nd homes Up to 90% financing for Investment Properties Borrowers purchasing a 2nd home or...
09/28/2010
Georgia Dream First Mortgage Loan Financing 30 Year Fixed Rate Mortgage Conventional, FHA, USDA-RD, or VA programs available Up to 100% financing (Additional household income restrictions apply) Georgia Dream Second Mortgage Loan Financing Down payment funds are provided as a Second Mortgage Loan...
09/27/2010
Mortgage Bonds opened improved on Monday morning.  There were no economic reports scheduled for release today.  This afternoon, we had a $36 Billion auction of 3 Year notes.  The results were announced at 1:00 pm EST.  Tomorrow, there will be a $35 Billion auction of 5 Year notes.  Wednesday will...
09/27/2010
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RodneyMason

VP of Mortgage Lending - AL, FL, GA, SC, & TN
local_phone(404) 591-2453
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