Mortgage Market News

Did You Know that Conventional and FHA have a restriction on cash-out transactions In Georgia? It’s true! When it comes to cash-out transactions, a Power of Attorney (POA) is NOT allowed. This means that ALL borrowers must sign all documents...

Are you aware of the specific requirements that FHA has for authorized user tradelines in Georgia? It’s important to understand these guidelines to ensure a smooth mortgage application process. When a borrower is involved in an authorized user...

When a condo development in Georgia consists of over 20 units, we require that the Homeowners Association (HOA) carry Fidelity (Employee Dishonesty) Insurance. This insurance coverage is essential to protect the financial interests of the HOA and...

These are important factors to consider when deciding between Conventional and FHA loans in Georgia. Each has its own set of guidelines and requirements, so it’s essential to choose the one that best fits your specific situation. Unlimited amount...

Are you a first-time homebuyer in Georgia looking to achieve homeownership? With HomeReady First mortgage program, borrowers can receive a $5,000 grant to assist with the costs of purchasing a home. In addition, borrowers can also receive up to...

Did you know that FHA does not allow a non-occupying co-borrower (NOCB) on a cash-out transaction in Georgia? It’s true! Even when the non-occupying co-borrower is already on the title, FHA will not allow any income from them to be used to qualify...