Georgia Mortgage Rates and Home Loan Lenders

The lowest rate from the best mortgage lender is every home owner’s goal when they begin the process of searching for a new mortgage loan. Finding the best rates starts with planning your strategy on the front end. Consumers, who write down their goals, have knowledge of their current credit, home value and two year employment history will give themselves an advantage in the shopping process.

If you are a consumer with good or bad credit you may be eligible to qualify for a conventional home loan offered by a local Georgia bank that may serviced through Fannie Mae or Freddie Mac. First time home buyers today are looking at more traditional loan offerings from the department of HUD through an Fha mortgage loans, which offer the buyer the opportunity to purchase with as little as three percent down. If you owe more than the value of your home, you may want to contact your existing mortgage lender to discuss the opportunity of a mortgage loan modification. These loan programs are becoming more popular as they offer the opportunity to purchase with as little as a 3% down payment.

The state of Georgia will have specific state underwriting guidelines that will differ from mortgage lender to lender. If you are purchasing a second home, condo or investment property, this information should be disclosed up front to your bank or broker to ensure you are quoted accurate rates and fees. One common misconception is that local companies will always offer the best rates or lowest closing costs on a home loan. If you are shopping for the best mortgage rates and loan terms, then it would be a good idea to compare good faith estimates from both local and national lenders to get the best loan terms.

We can help you compare Georgia mortgage rates and loan terms for:

Atlanta, Columbus, Marietta, Savannah, and the entire state of Georgia










Rates, News & Advice Articles

June 13, 2011

The stock market tried to mount a rally on Monday, but finished the day relatively flat, a growing signal that the pessimism in the market may be around to stay for the summer. The DOW was up almost 100 points in early trading action as investors were looking to buy into some bargains from the sell... 

QRM Yet Another Federal Blunder In Fixing The Housing Market

QRM – Qualified Residential Mortgages is probably the dumbest idea the government has rolled out in the past 24 hours. An idea whose origination stems from the colossal collapse of the economy and U.S. housing markets would ensure the collapse of the American Real Estate Market. The simple economics... 

June 4, 2011

The continued decline in stock prices, weakness in housing and the employment markets over the past sixty days has very few silver linings. The one area that has benefitted from the market changes is the mortgage market, where fixed home mortgage rates have continued to improve. Loan rates dropped to... 

May 26, 2011

May has been a great month for the mortgage market as long term interest rates have moves substantially lower this month following a dip in bond yields. The ten year treasury bond move below 3.1 this week, over seventy basis points off of its high levels of the year. The correlation to fixed mortgage...