I have been asked by several Real Estate agents and people in the community this week if Atlantic Bay Mortgage Group is still able to lend money. The answer is YES!!!!! The media, in all the turmoil with the finance industry, has made a lot of people think that noone can get a mortgage. This is absolutely NOT TRUE! The truth of the matter is that lending has gotten back to where it should be. Borrowers have to have decent credit history, 2 year rental OR good mortgage history and be employed in the same line of work for at least 2 years. If you haven't paid your bills on time in the past, you probably will not get a mortgage. Our company still has the ability to do loans up to 103% for qualified borrows. The media has some believing that if you can get a mortgage, you have to put up to 20% down. This is also not true.
It is a great time to buy in the Roanoke Valley. We need to get the word out so people will not be scared and will buy and sell to help our economy.
If you have any questions OR want to chat about the above, please email me at email@example.com
Have a blessed week!
Mortgage Banker, Atlantic Bay Mortgage Group, LLC
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