[youtube https://www.youtube.com/watch?v=8EYGSbqsG_0&color2=FBE9EC&version=3] Gina Spearman returns for the current edition of Academy Mortgage’s Mortgage Minutes series. This week, Gina continues to explain the reasons why buyers are choosing to purchase a new home instead of a used home. Continuing from last week’s episode, another reason many buyers are choosing a new home is because they are built with cutting-edge technology. The advanced technology[...]
[youtube https://www.youtube.com/watch?v=qHTmVsd1eDc&color2=FBE9EC&version=3] Academy Mortgage returns to finish answering the top 10 questions new home buyers have about mortgages in its weekly Mortgage Minute series. This week, Gina Spearman discusses what is included in monthly mortgage payments. Monthly mortgage payments will include principle, interest, taxes and insurance (PITI). The biggest part of the payment will come from principle and interest. Principle and interest[...]
Academy Mortgage is continuing to answer the top 10 questions new home buyers have about mortgages in its weekly Mortgage Minute series. This week, Academy Mortgage answers the question, “When should I lock in my interest rate?” Deciding when to lock in your interest rate depends on how long your closing process is going to be. Most mortgage rates are quoted[...]
[youtube https://www.youtube.com/watch?v=RcwY3FqS_RE&color2=FBE9EC&version=3] Academy Mortgage is continuing to answer the top 10 questions new home buyers have about mortgages in its weekly Mortgage Minute series. For this week, Gina Spearman answers the popular question. “Should I pay discount points?” Choosing to decide whether or not you want to pay discount points depends on several factors. Discount points are an additional fee that you[...]
Academy Mortgage continues to answer home buyers’ top 10 questions about mortgages in this week’s Mortgage Minutes. In this edition, Academy Mortgage answers the commonly-asked question, “Will I have to pay private mortgage insurance?” Private mortgage insurance, also known as PMI, is dependent on the type of loan you receive and the down payment amount. Some loans require no PMI, such[...]
[youtube https://www.youtube.com/watch?v=t71LYid0n0w&color2=FBE9EC&version=3&modestbranding=1] Academy Mortgage continues to answer home buyer’s top 10 questions about mortgages in this week’s edition of Mortgage Minutes. While many builders offer incentives that can be used towards closing costs, many buyers are unsure of what those costs are and whether or not they’ll be required to pay them. Closing costs consist of all the different fees and charges[...]
Academy Mortgage is continuing to answer consumer’s top 10 questions about securing a mortgage in this week’s Mortgage Minutes. In this edition, Academy Mortgage is answering the question, “what if I have had credit problems in the past?” According to Academy Mortgage, credit is just one aspect of your mortgage application. While it is a very important one, it shouldn’t keep[...]
First-time home buyers can often be overwhelmed by the mortgage application process. Academy Mortgage aims to make that process slightly easier for buyers. Through a series of videos, Academy Mortgage will answer the top 10 questions buyers reported having about mortgages in a new national study. One of the most common questions asked by prospective home buyers is “What do underwriters[...]
Academy Mortgage is pleased to report that the real estate industry is continuing to strengthen, as mortgage applications rise while mortgage rates remain affordable. According to the Mortgage Bankers Association, mortgage applications have increased for the second week in a row. For the week ending Sept. 3, 2014, total mortgage applications increased 0.2 percent when compared to the week before. As reported[...]
Home values have always been closely associated with the strength of a local school district, which is a primary deciding factor for buyers with young children. Forsyth County is one example of a sought-after area in metro Atlanta that has a great school system and beautiful homes. With competitive, highly-ranked schools at elementary, middle and high school levels, people move[...]