Getting Buyers with Good Home Loans in Georgia: How to Hire a Listing Agent (Part Two)

ASK TO SEE THE MARKETING PLAN This is very important, because you are turning over your house to a professional and trusting them to do their best in getting it sold as soon as possible. The marketing plan is their roadmap for accomplishing your goals. So when you look at it, check to see what websites your home will be listed on, how many pictures are included, when open houses will be scheduled, and processes in place for getting interested buyers with good home loans in Georgia in to see your home quickly. DISCUSS HOME PREPARATION This is something to address with every agent you interview before you make your decision. Have them specifically tell you how they handle the specifics of getting your home ready for a sale. Some will be very hands-on and manage everything directly, while others will simply give suggestions here and there and leave it up to you to follow them or not.

http://georgia.churchillmortgage.com/industry-news/getting-buyers-with-good-home-loans-in-georgia-how-to-hire-a-listing-agent-part-two/

Get Advice on the Right Home Loan from Mortgage Lenders in Georgia

"Your home’s equity is the difference between your home’s market value and your loan balance, hence it builds up as the former increases and the latter decreases. If you want to build your equity much faster, you might want to opt for a 15-year plan, since the period is shorter, and you can also get a lower interest rate on the loan than when you go for the 30-year option. Choose reliable Georgia mortgage loans that you can reasonably afford and you should end up with the best deal that suits you. Choose wisely based on what your present and future finances can rationally offer you, and avoid an ideal that may be impractical for you at the moment."

http://georgia.churchillmortgage.com/info-article/get-advice-on-the-right-home-loan-from-mortgage-lenders-in-georgia/

Georgia Mortgage Tips: How to Hire a Listing Agent (Part One)

UNDERSTAND WHAT YOU’RE LOOKING FOR You aren’t looking necessarily for someone you would want to invite over for coffee. This is a business relationship, and you need to find someone who will get the job done, and do it well. Marketing and negotiation skills are what you are hiring. So find someone with a solid reputation of getting listings sold quickly, and someone who has a marketing plan designed specifically for getting your home sold. UNDERSTAND AGENT RESPONSIBILITIES During interviews, discuss with agents what their responsibilities will be, and what is expected of you. They will walk you through their strategies for getting your home prepared for a sale. Remember that their job is to price your home according to the Georgia mortgage market, advise you to handle aesthetic issues to increase your home value, and make your home available for showings.

http://georgia.churchillmortgage.com/industry-news/georgia-mortgage-tips-how-to-hire-a-listing-agent-part-one/

Georgia Mortgage Tips: Working with Loan Experts for the Best Deal

"A mortgage loan is more than just about the interest rate; you also have to ensure that you are earning enough to comfortably pay off your monthly bill. This is where the usual choice of a 15-year or 30-year fixed mortgage comes into play. There’s little point in settling for either one or the other with the lower overall interest payment when you can barely afford to keep paying your bills every month. Securing an affordable mortgage for Georgia home purchase should mean you have already considered your past (your credit record) and the link to the present (how much down payment you can give), as well as your preparedness to face the future (mortgage term and interest). Go through the mortgage process weighing each step of the way how the condition of your finances would carry you through."

http://georgia.churchillmortgage.com/info-article/georgia-mortgage-tips-working-with-loan-experts-for-the-best-deal/

Other Sources to Get Loans Approved by a Mortgage Company in Georgia

"Credit history may be the common financial document used by a trusted mortgage company in Georgia to review a home loan application, but it is definitely not the only document that allows lenders to examine a client’s financial status. Adequate documentation of any of these sources on the list are acceptable in lieu of a credit history, as long as these documents are able to prove the client’s steady income source and on-time payment history. These two factors are important because they show the client’s capability to pay for the home’s down payment and the monthly dues. Reputable mortgage companies in Georgia like Churchill Mortgage Corporation understand that not all potential home buyers use credit cards. Furthermore, some people who apply for a home loan are relatively new arrivals in the country and have not yet established enough credit history. If you have more questions about getting a home loan, work with a mortgage company who can help you."

http://georgia.churchillmortgage.com/info-article/other-sources-to-get-loans-approved-by-a-mortgage-company-in-georgia/

Owning Your Dream House: Mortgage Lenders in Georgia Makes it Easy

Most people have a dream house in mind – something they could have intricately imagined in their younger years. Before this dream becomes a reality, however, a person needs stable finances and adequate savings to cover up the expenses, especially if they’re planning to apply for a home loan. When it comes to lenders, aspiring homeowners usually have several choices, such as banks, online lenders, and mortgage brokers to name a few. Hence, you might be wondering, how will you be able to find the best mortgage lender who can offer you the best deal? First off, you could start by asking the advice of friends and family as they can refer you to leading mortgage lenders in Georgia who provided them with excellent service.

http://georgia.churchillmortgage.com/industry-news/owning-your-dream-house-mortgage-lenders-in-georgia-makes-it-easy/

Get Approved Home Loans in Georgia Despite Your Bad Credit Rating

"Clients often mistake poor credit rating for an automatic disapproval of any home loan application. However, a mortgage company’s definition of bad credit might not be what a client thinks it is. A score over 700 is typically good, but home loan applications of people with credit scores as low as 600 can still be approved by lenders. Say, if a client has a very low credit rating of 620 but has no history of delinquency, with some lenders, that would have provided enough ground for an approval. Buying a home is a common American dream. Despite your bad credit, you can still make this dream come true. The key is to work with a mortgage company whose overlays are minimal. If you are interested in applying for a Georgia home loan, you can talk to a mortgage broker from a reputable company like Churchill Mortgage Corporation."

http://georgia.churchillmortgage.com/info-article/get-approved-home-loans-in-georgia-despite-your-bad-credit-rating/

When to Sign Up With Mortgage Companies in Georgia

Although mortgages still need to be paid just like how you pay rent, at least you wouldn’t be paying for a place to stay in forever and you’ll get to own a piece of property and pass it on to future generations if you want to. All you have to do is find trusted mortgage companies in Georgia like the Churchill Mortgage Corporation, and apply for a home loan. When working with reputable Georgia mortgage companies, expect for them to look at your credit score, income, current debts, credit history, and other factors that could help weigh in your financial status before presenting you with a suitable deal. Just as these companies need to look into your finances and history first before approving your application, you should also do the same and perform a background check on them.

http://georgia.churchillmortgage.com/industry-news/when-to-sign-up-with-mortgage-companies-in-georgia/

Meeting with Mortgage Lenders in Georgia: Tips to Get a Good Loan

A lot of planning and decision-making comes into play when a lot of money is involved. Home-buying is an expensive investment, and probably the most expensive one you'll ever make. You might opt to pay for the house in cash if the full amount is available, or you break down payments into monthly installments through a mortgage loan. Although talking to trusted mortgage lenders in Georgia early on can help you find out what you would need to get approved, make sure to do some finger work and footwork yourself. Research about the process, the lenders, and the loan packages out there. Then try to get the best deal you can find before signing on to a contract. There are things you need to seriously consider before you shop for that mortgage loan.

http://georgia.churchillmortgage.com/info-articles/meeting-with-mortgage-lenders-in-georgia-tips-to-get-a-good-loan/

High Credit Score to Raise your Chance for a Good Georgia Mortgage

"One of the biggest factors in determining your credit score is your past payment history. While one or two late payments on your credit cards, loans, or other important obligations over a long period of time may not significantly damage your credit record, making a habit (or mistake) of it can count against you. Other tricky factors the article mentions include having too many existing debt, owning multiple credit cards, and having incomplete information in your financial documents, such as full legal name, or changes in address. The credit score is just one aspect of the process. Along with improving your score, you should also find trusted GA mortgage lenders like the Churchill Mortgage Corporation to find affordable and flexible payment schemes."

http://georgia.churchillmortgage.com/info-articles/high-credit-score-to-raise-your-chance-for-a-good-georgia-mortgage/

Mortgage Companies in Georgia Help you Consider Suitable Mortgage Loans

You need to know the concept of 'locking in' your loan, which basically means accepting all the terms of the mortgage. In most cases, locking in could bring about different final rates when done at two points merely hours from each other, thanks to the fluid movement of the mortgage market. Efficient Georgia mortgage companies should help you know these facts to help you secure a good loan deal that's quite suited to your needs. Remember that securing a home loan is about as important as looking for the house itself.

http://georgia.churchillmortgage.com/info-articles/mortgage-companies-in-georgia-help-you-consider-suitable-mortgage-loans/

What You Should Avoid to Secure Successful Home Loans in Georgia

You shouldn't simply entrust your money and home purchase to the first lender who comes at your door with a decent look. Instead, you should interview prospective lenders, ask them about handling your loan needs, and pick a lender based on their professionalism and services. Applying for Georgia home loans should be easy if you deal with trusted lenders like Churchill Mortgage Corporation. Not only will you be given the right assistance to help you pay for your home, but you will also be provided with the right resources to finally own one.

http://georgia.churchillmortgage.com/info-articles/what-you-should-avoid-to-secure-successful-home-loans-in-georgia/

Mortgage Lenders in Georgia and Other Areas Need to Educate Prospective Homebuyers

There are other surprising numbers. For example, 31% of respondents do not know that a mortgage can be acquired with less than a 5% down payment. With all these misconceptions, mortgage lenders in Georgia and around the country should share the responsibility of educating the buying public. They should be able to show and explain to homebuyers how the lending process works in detail, so the latter will arrive at the most favorable purchasing or lending decisions. The survey also reported that 24% of the respondents believe that banks, where they have existing savings and checking accounts, offer the best mortgage deals. In reality, prospective buyers will have a better chance of getting favorable deals through competing lenders who are capable of significantly undercutting what banks are offering.

http://georgia.churchillmortgage.com/industry-news/mortgage-lenders-in-georgia-and-other-areas-need-to-educate-prospective-homebuyers/

First-Time Buying Tips: Dealing with Rising Georgia Mortgage Rates

According to HSH.com®, a leading publisher of home and consumer loan information, mortgage rates shot up from 3.49 percent in May to 4.69 percent in August. Data from Goldman Sachs, the giant banking and investment firm, showed that rates on 30-year fixed mortgages have gone up 1.2 percentage points since May. In Georgia, though, the story is a bit different. As shown in the most recent report of Georgia REALTORS®, a strong demand for a limited supply of homes for sale has been outweighing any concerns about higher mortgage rates. In fact, people might be actively seeking to buy homes now in anticipation of mortgage rates rising further. Given this possibility, some experts share a few ways buyers can deal with high Georgia mortgage rates and still buy homes.

http://georgia.churchillmortgage.com/info-article/first-time-buying-tips-dealing-with-rising-georgia-mortgage-rates/

Tips on Choosing Which Mortgage Companies in Georgia Offer The Best Rates

Mark Greene, a mortgage industry professional who wrote for Forbes last March, shared an interesting observation. Greene saw a restaurant review on a local blog that name-dropped The New York Times, and figured that someone working at the publication gave that review. But the way that review was written, it’s like one person’s opinion turned into an endorsement by a prestigious institution. Chances are, you saw something similar when you checked out some mortgage companies in Georgia. Perhaps you found a review site starting with “The (insert publication name) said that…” It’s great if the reviewed company is indeed endorsed by that renowned group, but what if it’s really not? In the same Forbes article, though, Greene also shared a few tips on how to choose a reputable mortgage company.

http://georgia.churchillmortgage.com/info-article/tips-on-choosing-which-mortgage-companies-in-georgia-offer-the-best-rates/

The FTC Guide to High-Rate, High-Fee Home Loans in Georgia

If you’re like many prospective homeowners in Georgia and other states, you face the challenge of finding a mortgage company that offers good rates. However, you might also face some lenders who employ deceptive techniques that could end up with you paying a lot more than you have hoped for. Fortunately, an organization called the Federal Trade Commission (FTC) looks out for such people. The FTC handles a variety of consumer concerns, including homes and mortgages. For this specific concern, they offer a guide on their website on what the Home Ownership and Equity Protection Act (HOEPA) covers. With it, you can avoid deceptive practices, or high rates and fees on certain home loans in Georgia.

http://georgia.churchillmortgage.com/info-article/the-ftc-guide-to-high-rate-high-fee-home-loans-in-georgia/

How to Get Your Reliable Mortgage Lenders in Georgia

Looking for trusted mortgage lenders in Georgia can be a tedious task especially due to existing loan sharks in the market. It's better to assess your prospective mortgage partner before signing any contract with him. Potential lenders are just around the corner – they come in the form of banks, financial groups, and mortgage brokers. They'll offer you great deals that you might find appealing, hence you'll be tempted to jump on the boat. However, you should take note of suspicious pricing, interest rates, and terms of payment that are too good to be true. Experienced brokers like Churchill Mortgage can help you adjust your terms of payment with an agreement that is feasible. Talk to your lender about different mortgage loans and their terms rather than grabbing the first one that is presented to you.

http://georgia.churchillmortgage.com/industry-news/owning-your-dream-house-mortgage-lenders-in-georgia-makes-it-easy/

Trusted Mortgage Lenders in Georgia Offer Various Mortgage Insurance Options

In a Yahoo! Finance article posted July 20, 2013, Scott Sheldon explains how single-pay mortgage insurance can help reduce the cost of owning a home. The article dissects the inner workings of a typical mortgage insurance package, then offers suggestions as to why homeowners may want to consider applying for single-pay insurance. Among other things, this option can result in lower monthly outlays. Home buyers in Georgia could certainly benefit from such helpful advice, considering that one out of 117 homes in the state ends up in foreclosure. In fact, Georgia currently has the fifth highest rate of foreclosures in all of America. Yet finding effective ways to reduce one's monthly mortgage payments is simply one part of the formula for averting a looming foreclosure. The other part lies in picking reliable mortgage lenders in Georgia who take the time to understand every borrower's financial situation.

http://georgia.churchillmortgage.com/industry-news/trusted-mortgage-lenders-in-georgia-offer-various-mortgage-insurance-options/

Home Buying Tips From Your Mortgage Companies in Georgia

First-time buyers find it hard to buy their first home, especially when they're not fully acquainted with the real estate world. However, with the help of reliable mortgage companies in Georgia, it'll be easier for them to handle home buying processes. It's best to prepare your budget and credit rating six months before your target date of purchase. With a higher credit rating, it's easier for you to get lower interest rates and better mortgage deals. At the same time, you should have a clear definition of your target house – it's size, location, and price range. Lastly, you should work with a reputable mortgage company like Churchill Mortgage to make sure your home buying will be smooth and successful. With Erin Burt's article in Kiplinger, you'll be all set in buying the house that you're confident and capable enough to pay for.

http://georgia.churchillmortgage.com/industry-news/when-to-sign-up-with-mortgage-companies-in-georgia/

How Choosing the Right Georgia Mortgage Lender Can Save You from Foreclosure

An article on the Saporta Report website notes that home foreclosures in Georgia dropped by 47% during the first half of 2013. While this news does sound promising, the Peach State, nonetheless, still has one of the highest foreclosure rates in the country. In fact, foreclosure sales accounted for 35 percent of total home sales in Georgia for the first six months of the year. Creditors are within their rights to initiate foreclosure proceedings after two consecutive late mortgage payments. Buyers, therefore, need to consider their options carefully before signing up for any mortgage loan; and must accordingly select a mortgage lender that offers fair and flexible terms. It is thus advisable to work with a reputable Georgia mortgage lender who offers expert advice and helps borrowers through every step of the mortgage process.

http://georgia.churchillmortgage.com/industry-news/how-choosing-the-right-georgia-mortgage-lender-can-save-you-from-foreclosure/

Save Money with Helpful Mortgage Companies in Georgia

Adam Van Brimmer's article for the Savannah Morning News touches on the new Federal Housing Administration (FHA) guidelines regarding mortgage insurance. Starting June 3, the FHA will require a good number of borrowers to keep mortgage insurance for the life of their loans, or for at least 11 years if they've paid a 10 percent down. This new ruling overrides previous exemptions that allowed borrowers to drop mortgage insurance as soon as they've accumulated 20 to 22 percent equity. Mortgage insurance can make each monthly installment payment even more costly for the average homeowner; thus, a lot of buyers understandably seek to cancel their insurance packages to lower their bills. The new ruling, however, may complicate matters for buyers who are hoping to do away with mortgage insurance payments altogether. Luckily, reputable mortgage companies in Georgia, like Churchill Mortgage Corporation, offer to cancel their clients' mortgage insurance to help reduce costs.

http://georgia.churchillmortgage.com/industry-news/save-money-with-helpful-mortgage-companies-in-georgia/

Affordable Home Loans in Georgia: Why Adjustable Rate Mortgages Can Be Good for You, Too

Lewis writes that Bartlett's goal was to get a mortgage with a low rate, while managing the risks at the same time. She mentions that Bartlett did a self-assessment before he settled on a specific mortgage product. Homebuyers in Georgia have a lot more options to consider, from starter homes to luxury homes, due to the steady improvement of the local housing market. Like Bartlett, the average buyer would do well to undergo a self-assessment, as well as study the best options for affordable home loans in Georgia. Lewis states that with his seven-year ARM, Bartlett can expect rates to go as low as 1 ¼ percent, or as high as 8 ¼ percent after seven years, according to the terms of the seven-year ARM. Luckily, Bartlett had the foresight to put down cash when he bought the home. As such, he doesn't expect to be terribly affected if the rate shoots up to about 8 ¼ percent.

http://georgia.churchillmortgage.com/industry-news/affordable-home-loans-in-georgia-why-adjustable-rate-mortgages-can-be-good-for-you-too/