The housing and finance industry in Alpharetta, GA and beyond anxiously awaited the Federal Housing Finance Agency’s announced conforming loan limits for 2019. The new conforming loan limit for 2019 is $484,350. FHFA established an official formula when setting the conforming loan limits for the following year. The calculation compares the national home price index, […]

First time buyers in the Alpharetta, GA area have more than one option when it comes to low down payment loans for a primary residence. By far the most popular is the FHA loan which only asks for a 3.5% down payment. But there’s another loan option that bears exploring and it’s the HomeReady program […]

There are active real estate investors here in the Alpharetta, GA area that do little else but buy, sell and rent real estate. Sometimes they become real estate investors by accident when inheriting a property. Other times, it’s a conscious decision with eyes wide open. But when homeowners begin thinking about buying another home in […]

Regardless of how you apply for a mortgage, whether with a face to face meeting or an online application here in Alpharetta, there are more than a few questions your lender will have. At the initial application, you’ll be supplied with a list of needed documentation based upon your personal situation. Mortgage lenders follow the […]

There are two primary categories for residential mortgage loans in the Alpharetta, GA mortgage marketplace. Those two categories are conventional and government-backed. Conventional loans are those using guidelines set by Fannie Mae and Freddie Mac. Government-backed loans are those underwritten to VA, FHA and USDA guidelines. They’re called government-backed because there is a level of […]