Local, state and national issues pertaining to home loans in Tennessee, Georgia, and Alabama.
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Mortgage rates continue to be historically low. This home for sale in Hixson, TN, is a great example of how affordable your new home payment can be. Terri Rule with Re/Max Properties North is the listing agent for this property.
The payments shown are for a conventional 5% down payment with standard mortgage insurance and...Read More
Home mortgage rates have reached new lows in response to the recent announcement from the Federal Reserve to work to keep long term rates as low as possible.
These low rates have increased the push for existing home owners to refinance their mortgages. And if you are able to refinance your present mortgag...Read More
Most clients recognize the importance of credit and income to qualifying for a mortgage. Assets though are as important, and for many clients it becomes the most important simply because it is the qualifying requirement that they missed.
All programs have specific guidelines stipulating what funds are required for closing and importantly ...Read More
Many prospective home buyers mention that they are interested in purchase a foreclosure. Many of these prospective foreclosure home buyers though are not aware that the financing choices depend on who the seller is.
In the Chattanooga and North Georgia areas home buyers will find many properties available.
Rural Development Guaranteed home loans remain popular in the Chattanooga area, including eligible areas in Tennessee and Georgia. Home buyers and sellers are growing increasingly aware of the many benefits of this program. You can find many listings that specifically advertise the property is eligible for a Rural Develo...Read More
The biggest advantage of Rural Development home loans is of course the No Down Payment. A second great feature of Rural Development loans has been that they had no monthly mortgage insurance, an ...Read More
