Understanding What A Lender Needs To Approve A Loan

Understanding what a lender needs in order to justify approval of a mortgage can be very helpful if you decide to purchase a home. The lender is looking mainly at five factors in evaluating your qualification for a home loan. Cash or Capital Assets - The funds you have available for the down payment and … Continue reading Understanding What A Lender Needs To Approve A Loan

Are You Thinking of Moving Up?

Whether you're ready or not, as life changes, so do your housing needs. Families grow. Careers unfold. Lifestyles shift. One way or another, your circumstances change, and you may find yourself looking for a more comfortable home, one that's in a new locale, or just a better place for your current living pattern. Over the … Continue reading Are You Thinking of Moving Up?

Are You An Optimist, Realist or Stockdale?

In the book, Good to Great, the author Jim Collins states people fall into three different categories:  The Optimist (bound to be eventually dispirited)  The Realist (doom-sayer)  The Stockdale Paradox  What Is The Stockdale Paradox  Stockdale Paradox individuals are those that retain faith they will prevail in the end, regardless of the difficulties AND at … Continue reading Are You An Optimist, Realist or Stockdale?

The Home Loan Process — Part 2 of Applying For Your Loan | Final Installment

This simple, four-step walk-through to loan closing will help you understand the procedure and give you an idea of what to expect. 1. Processing When we initially meet, I will request and collect the information needed to process your loan. Documentation requirements vary depending on the loan program you apply for, as well as your … Continue reading The Home Loan Process — Part 2 of Applying For Your Loan | Final Installment

Information You’ll Need To Provide — Part 1 of Applying For Your Loan

Whether we meet face-to-face or talk on the phone my initial step will be to explain and walk you through the application process. It is a simple interview, and most of the information you'll need can be taken straight from your credit report. The amount you'll actually need to provide on your own isn't overwhelming. There are generally … Continue reading Information You’ll Need To Provide — Part 1 of Applying For Your Loan

How Investment Bankers Made Suprime Loans Into “AAA” Prime Loans

This video from CNBC via YouTube does a terrific job of illustrating how sub-prime mortgage defaults are impacting mortgage rates overall. There's some jargon in there, but overall, it's very easy to follow. ______________________________________________ Serving the mortgage needs of Kennesaw, Marietta, Roswell, Smyrna, Powder Springs, Dallas, Acworth, Woodstock, Douglasville, Hiram, Austell and Atlanta. Subscribe to … Continue reading How Investment Bankers Made Suprime Loans Into “AAA” Prime Loans