Wednesday, September 28, 2016

SELL your UNDERWATER HOME With A $50,000 Grant from Underwater GEORGIA

Underwater on your home?

Want to sell it ?

This is a limited-time initiative to help Georgians who owe more than their homes are worth through a one-time principal reduction.  

This non-profit grant program will provide homeowners that qualify with a grant

of $5,000 to $50,000 to reduce the principal on their home.  This is a GRANT program,

which means it does not need to be paid back.  Yes FREE MONEY!!!!

So if your underwater on your home and need to sell, this may be the program for you.

"Based on current funding, an estimated 2,700-3,000    eligible Georgia homeowners will receive assistance...

 Home safe Georgia

The term “Applicant” includes all homeowners and borrowers legally bound to the home, and the spouse (if applicable).

  • The program applies only to an applicant’s primary residence, which must have been purchased prior to January 1, 2012.
  • The total lien balance on all mortgages for the subject property must be less than $250,000.
  • The property must have a loan to value greater than 110%, which can be reduced to 100% - 125% with assistance from $5,000 to $50,000.
  • The mortgage must be less than 90 days delinquent.
  • The lender/servicer must be participating in the HomeSafe Georgia programor    agree to participate.
  •  Applicant(s) cannot currently own more than one home.
  • Applicant(s) cannot be in active bankruptcy and must be current on tax filings.(Tax liens, if any, must be less than $10,000 total and have a documented activepayment plan in place.)
  • The total gross household income (all income received by residing applicants) must be able to support the mortgage payment but not exceed 140% of the averaged Area Median Income of their county.
  • Additional criteria apply.



Saturday, September 3, 2016

FREE Grant Money To Buy A Home....ACT Now LIMITED Funds

The National Association of Realtors reported that the 

"most difficult step in the home buying process was saving for a down payment

as cited in their 2015 Profile of Home Buyers and Sellers*

THERE IS A SOLUTIONNational HomeBuyer's Fund Down Payment Assistance (DPA) programs which provide DPA in the form of a 

  • Down payment and/or closing cost assistance grant, up to 5% of the loan amount.
  • Down Payment Grant (DPA) grant never has to be repaid.
  • Affordable interest rates and variety of grant levels.
  • FHA, VA, USDA and Conventional mortgage loan options.
  • NOT limited to first-time homebuyers.(no investors please...sorry)
This program was taken off the market a few years ago it's returned, but the funding is limited.
****you have to move quick***

Unlike the Georgia Dream Program (we all love) you don't have to be a... 1st time home buyer to qualify for this grant.

  • No Double closings

A DPA grant decreases homebuyer costs, avoids burdening the homebuyer with additional debt and eliminates property liens associated with secondary financing options.

This also creates a long-term positive domino effect because the housing market is infused with borrowers holding more equity for a future move-up purchase if they desire, in turn freeing up another potential entry-level property.
  • Grant reduces debt and creates positive home equity.
  • Grant creates a positive impact on housing economy.

  Non-repayable grant up to 5% of the mortgage loan.
  • Generous FICO/DTI requirements.
  • Low-to-moderate income limits (qualifying income only).
  • FHA, VA, and USDA loan types.
  • Available in multiple states.
  •   30-year fixed term with full amortization

Ok, There are income limits for this program, and varies county by county....                               

Cobb           Fulton       Dekalb
$77,625       $77,625     $77,625     Updated 4/12/2016


You Must: 

Occupy the residence as their primary residence; non-occupant co-borrowers are not allowed.

If You Want To Know More About This Program Please Complete The Form Below!!!

Friday, August 12, 2016

6 Diffrent Types of Homes Loans that May work for you!!

Fixed-rate loan

The most common type of loan, a fixed-rate loan prescribes a single interest rate—and monthly payment—for the life of the loan, which is typically 15 or 30 years.
Right for: Homeowners who crave predictability and aren’t going anywhere soon. You pay X amount for Y years—and that’s the end. The rise and fall of interest rates (like the nationwide increase that followed the Fed’s action in December) won’t change the terms of your loan, so you’ll always know what to expect. That said, they’re best for people who plan to stay in their home for at least a good chunk of the life of their loan; if you think you’ll move fairly soon, you may want to consider the next option.

Adjustable-rate mortgage

ARM loans offer interest rates typically lower than you’d get with a fixed-rate loan for a period of time—such as five or 10 years. But after that, your interest rates (and payments) will adjust, typically once a year, roughly corresponding to current interest rates. So if interest rates shoot up, so do your monthly payments; if they plummet, you’ll pay less.
Right for: Home buyers with lower credit scores. Since people with poor credit typically can’t get good rates on fixed-rate loans, an ARM can nudge those interest rates down enough to put homeownership within easier reach. These loans are also great for people who plan to move and sell their home before their fixed-rate period is up and their rates start vacillating.

FHA loan

While typical loans require a down payment of 20% of the purchase price of your home, with a Federal Housing Administration loan, you can put down as little as 3.5%.
Right for: Home buyers with meager savings for a down payment. These loans come with several caveats. First, most loans are limited to $417,000 and don’t provide much flexibility: Rates are typically fixed, with either 15- or 30-year terms. Buyers are also required to pay mortgage insurance—either upfront or over the life of the loan—which hovers around 1% of the cost of your loan.

VA loan

If you’ve served in the United States military, a Veterans Affairs loan can be an excellent alternative to a traditional mortgage. If you qualify, you can score a sweet home with no money down and no mortgage insurance requirements.
Right for: Veterans who’ve served 90 days consecutively during wartime, 180 during peacetime, or six years in the reserves. That said, the VA has strict requirements on the type of home you can purchase: It must be your primary residence, and it must meet “minimum property requirements” (that is, no fixer-uppers allowed).

USDA loan

USDA Rural Development loans are designed for families in rural areas. The government finances 100% of the home price—in other words, no down payment necessary—and offers discounted interest rates to boot.
Right for: Families in rural areas who are struggling financially. These loans are designed to put homeownership in their grasp. The catch? Your debt load cannot exceed your income by more than 41%, and, like the FHA loan, you will be required to purchase mortgage insurance.

Bridge loan

Also known as a gap loan or “repeat financing,” a bridge loan is an excellent option if you’re purchasing a home before selling your previous residence. Lenders will wrap your current and new mortgage into one payment; once your home is sold, you pay off that mortgage and refinance.
Right for: Homeowners with excellent credit and a low debt-to-income ratio, and who don’t need to finance more than 80% of the two homes’ combined value. Meet those requirements, and this can be a simple way of transitioning between two houses without having a meltdown—financially or emotionally—in the process.

Tuesday, July 12, 2016

10 Commandments For The Mortgage Process

1) Thou shalt NOT change jobs, become self-employed, or quit your job.
2) Thou shalt NOT buy a car, truck, van, motorcycle, ATV, or any other vehicle (or you may be living in it)
3) Thou shalt NOT use your credit cards excessively or let ANY of your payments fall behind.
4) Thou shalt NOT spend the money you have set aside for downpayment or closing costs.
5) Thou shalt NOT buy furniture, appliances, or household items before you buy your new house.
6) Thou shalt NOT originate or allow any new inquiries on your credit report.
7) Thou shalt NOT make any large OR 'cash only' deposits into your bank accounts or transfer money between accounts without first consulting your mortgage consultant.
8) Thou shalt NOT change bank accounts.
9) Thou shalt NOT co-sign for anyone, or allow authorized users to charge on your credit accounts.
10) Thou shalt NOT omit any debts or liabilities from your loan application.

Need A Good Lender or Maybe Just want to know more about the loan process Contact Me Below!!!!

WE DeKalb Housing Initiative, Down Payment Assistance Grant

We DeKalb stands for Work Force Enhancement.  it is a partnership with DeKalb Chamber of Commerce and Decide DeKalb Development Authority. The WE DeKalb housing initiative, a program that provides home ownership opportunities for DeKalb’s workforce.

DeKalb County businesses can offer this "owner-occupant program" to their employees as an economic incentive. The program also offers attractive re-financing opportunities for select homeowners’ existing mortgages, depending on the rate option selected.
Employees of DeKalb County businesses considering relocation to DeKalb County or currently residing there may take advantage of this unique program that offers qualifying home buyers, a 30-year fixed-rate mortgage with down payment assistance (DPA Grant) equal to either 3% or 5% of the mortgage amount, with no repayment. The grant can be used for down payment and or closing cost assistance.
Here's how the WE DeKalb Program works:
  • Select a lending institution from the approved lender list.
  • Contact the lender and present a letter of introduction along with your completed your mortgage application. The determination of your mortgage application is governed by the lending institution. The approved participating lender can help determine if you meet the program qualifications.
General Guidelines:
  • Mortgage rates for the program will be the same or slightly above the market mortgage rates depending on the selected DPA grant option. Rates will change periodically
  • Maximum qualifying income – $81,900 (families of 2 or less) and $95,600 (families of 3 or more)
  • Eligible VA and FHA loans
  • FHA mortgage limit is $342,700
  • VA mortgage limit is $417,000
  • Minimum FICO score of 660
  • 45% debt-to-income (DTI) ratio
  • No first-time homebuyer requirement
  • Residential property
  • Owner-occupied
  • Property must be located in DeKalb County
  • New or existing 1-4 units detached or attached, condos, town homes, and manufactured homes that meet service/guarantor requirements are eligible
  • No prepayment penalty
  • Standard agency guidelines still apply
  • Recreational, seasonal, or other types of vacation or non-permanent homes;
  • Buy downs are not permitted;
  • Cosigners are not permitted; and
  • Construction to permanent is not permitted.
Next Steps:
If you are interested in getting approved for the WE DeKalb Program please contact me by completing the information below.  Someone will reach out to you within 24 to 48 hours.

Wednesday, May 18, 2016

Tuesday, May 3, 2016

Self Employed and Looking for a loan to buy a home.....Citadel May be the Loan Company for you....

Use Assets as Income!  Self Employed.....Not a problem!  Citadel Non-Prime has a new loan program that may fit you!!!!

The Most Innovative Asset Depletion Program in the industry

Use 100% of Liquid Assets to cover 7yrs of 84 Months of PITI & Liabilities


  • Your Borrower does NOT have to be currently traditionally employed.
  • This program can be combined with any other Citadel Income Program!
  • You only need to show two months of qualifying Account
  • 50% DTI-Up to 90% LTV- Purchase or ℅ Refi
  • Down to 500 Fico Owner Occupied or Investment
This is a short break down of a current loan program provided by Citadel Servicing Corp.

Citadel provides loan products for buyers that are self employed and small business owners.

Citadel doesn't work directly with buyers, they have lic loan officers that carry their products to the market.  You just have to know who to go to.   




Tuesday, March 1, 2016

Shiloh Springs Road N Cumming, GA 30040


Great South Forsyth location with easy access to shopping and dining at the Avenues. Features outstanding schools, community swimming, tennis and playground. Home is built on a full daylight basement and features a large private fenced back yard with outside entertainment area on deck and patio. Open concept floor plan with beautiful hardwood floors, granite counters, walk in pantry, island, view to 2 story family room full of natural light and fireplace.
5 Bedroom 3Bathrooms
Want More Info on this Property? Contact Me

Fill out my online form.
Use Wufoo integrations and get your data to your favorite apps.

Anyone looking to buy a Tree House? lol

Do Want $5000- $7500?

So in a post I did last week I failed to add one important point about the Georgia Dream program

how much money you get...........

$5000 for eligible home buyers

$7500 for eligible home buyers who are employed  in qualified public protection, military, health care or education.

Do you need this to close?

Get a FREE pdf that outlines the program!

Fill out my online form.
Use Wufoo templates to make your own HTML forms.

Sunday, February 28, 2016

Do YOU know what A FHA Loan is?

FHA Loans can be very powerful

  • Low down payment
  • more lenient credit requirements
  • easier to qualify for than conventional mortgages
  • Perfect for the 1st time home owner
  • Perfect for the Georgia Dream down payment program....( check out my post on the Georgia Dream
  • Insured by the Federal Housing Adminstration
So what do lenders look at to approve you for FHA?


  • Credit history
  • Capacity to repay
  • Cash assets available to close the mortgage
  • Collateral
FHA loans are great for single family homes but can be used to purchase suburban homes, condos, multi unit properties.

You can get into an FHA loan with 580 or better scores.  


500-579 will get you 90% toward your purchase

580 or better will get you the maximum financing amount.......96.5%.....

The real reason I like this loan is the low down payment.......... 3.5% down is all you need.  Boom

Sad thing is you can only have 1 FHA loan products at a time.

If you have some CREDIT issues( this includes chapter 13 bankruptcy)  don't worry.... less then perfect will work here, I they want to see is 

an history of reliable income and steady payments over the last 12-24 months

Would you like some more info about this type of loan product?

GET A FREE GUIDE about FHA Loans or just a FREE Consultation.....complete the form below and I get with you!

Fill out my online form.
Use Wufoo templates to make your own HTML forms.

Friday, February 26, 2016

Georgia Dream Home Ownership Program

The Georgia Dream Home Ownership Program....

Makes it possible to afford your first mortgage through down payment assistance for eligible home buyers.

Easy to qualify! 

Perfect for

  • first-time home buyers
  • those who have not owned a home in the past three years
  • those who purchase a home in targeted areas

Maximum Household Income

1-2 persons $69,000
3- or more persons $79,500

sales price can not exceed $250,000

Borrower Must
  • use the loan in conjunction with a Georgia Dream First Mortgage Loan
  • complete individual credit counseling
Contribute a minimum of $1000 to the purchase transaction

  • 30 year fixed interest rate mortgages
  • Can be used with FHA,USDA-RD, VA or conventional uninsured mortgage loans


Wednesday, February 24, 2016

Should I lease my house or Sell It?

In such a hot real estate market, I always get the question should I lease or sell my house.  I have a bias perspective, because I invest in real estate I always say don't sell.  Like Robert Kiyosaki says, the market may drop but people will always need a place to live.  Rental rates are jumping and I truly believe in owning HARD ASSESTS they are the best investments to have in your future.  Real Estate, gold, and other precious metals are great assests to have during hard times.  The tax advantages real estate provides can change your financial situation.

Selling right now has some strong advantages.
1.   More money- in a hot market houses don't sit too long, you can get a good price sometimes more than what you ask
2.   More buyers- low rates right now means lots of buyers looking and getting pre approved.

It comes down to cash flow/ tax advantages or capital gains and cash out.  

Monday, February 15, 2016

Write down your must have's 1-10

There is no perfect house, but you can get close.  Listing the desires you want in a house helps you and your realtor drill through the MLS to find the house that could meet your needs.  More importantly, it helps to organize your thoughts, eliminates distractions, and speeds up your search process.

So put it on paper!!!!

Sunday, February 14, 2016

Sooooo You want to buy a house

Your wasting your time if your not approved.  The worst  feeling is finding a house you like and finding out you can't buy it.  It's worst then missing your closing because you over slept or forgot.  Sounds crazy right.  You would never do that right?  Well your walking on the wild side.  If your agent let's you do it then fire them.  The worst feeling is seeing that home you like under contract.  If your going to look, don't draw your realtor into the search, Duncan your bias......memmm........yep.  So get your money right and don't wast your time.