Tara's Atlanta Mortgage Blog

Getting a mortgage in 2010 has become a daunting task.  Stressful.  Add to that stress the stress of the sound of the ticking clock that is the April 30th tax credit expiration date and you just might decide to continue renting.  Don’t do it!  We have taken the time to provide a list that if fol...

Having trouble coming up with the 3.5% down payment required for your FHA loan?  Still fruitlessly searching for someone who will loan you the money for your tax credit up front?  Take heart.  We have used our experience to determine the five easiest ways to get your funds to close.  Remember th...

This is a great program available through FHA that most borrowers are unaware of. The kiddie condo program is a fantastic way for parents to help their children purchase their first home. It requires a 3% down payment and uses the credit rating of a “blood relative” (parent, grandparent, sibling,...

Due to a lawsuit brought about in New York, a settlement was reached between the state of New York and the GSE’s (aka Fannie Mae and Freddie Mac) whereby the GSE’s would implement the Home Valuation Code of Conduct (HVCC) and in turn, the state of New York would drop their case against them. What...

On April 22, 2008, Freddie Mac announced that the maximum number of financed property limit will be changed from 10 to 4. The rule goes into effect on August 1st, 2008 and has a number of implications to investors. First, if an investor was planning to take advantage of some of the excellent deal...

Things continue to change very rapidly on the home financing front. Over the past 9 months we have seen many areas such as Florida, California, and the northeastern US labeled as “declining markets” by Fannie Mae and Freddie Mac. Recently, mortgage insurance companies have set their own standard...