Little Known Secret about GA VA Loans
There is a little know secret when you are trying to obtain a VA loan in Georgia. I have been helping Veterans with this for years. VA loans allow the seller to pay up to 4% of the sales price toward a borrower’s debt. Let’s say you are buying a $200,000 home and you have [...]
Augusta Georgia Homes
I Started working some with Crown Homes out in Augusta, GA. I’m amazed at the value you can get on these homes. Pricing starts just a little over $50 a square foot, so you can get a 6,000 square foot home in the $300,000 range. This is unheard of in Atlanta. The market is pretty [...]
How Long do I Have to Wait – FHA?
Here are the FHA Guidelines for Georgia Short-Sale, Foreclosures and Bankruptcy. Other than VA, FHA is the most lenient when it comes to these situations. Most of the time, this will be the route we go, as far as getting you a new Atlanta home loan. One question we get asked a lot is, “what [...]
How Long do I Have to Wait to Buy a Home?
Here is a great chart my company put together on how long you have to wait after a Georgia foreclosure, short-sale, or bankruptcy. This chart is for people trying to obtain Georgia conventional loans only. Different guidelines will apply to other types of mortgages. I will post those at a later date. Georgia 203K [...]
203K Renovation Loans
There is a misconception about the limitations of the HUD 203k renovation amount. Many lenders state that you can’t do renovation projects that exceed $35,000. The fact is true, however misleading. Many lenders are not approved to do a full 203k loan and can only do a 203k streamline which has a limit of only [...]
