Academy Mortgage Aims to Dispel Housing Market Myths

Academy Mortgage, a lending company with multiple offices in the metro Atlanta area, believes that now is a great time for prospective home buyers to enter the real estate market. With the recent recession still in the back of everyone’s mind, it’s only natural that some fears still remain about entering the housing market. Because of these fears, there are many[...]

Consumer versus Mortgage Credit Scores: What’s the Difference?

In this week’s edition of Mortgage Minutes, Academy Mortgage explains the difference between a consumer credit score and a mortgage credit score. The number one question that loan officers receive from Atlanta new home buyers in regards to credit scores is, “Why is it that when I pull my credit score, it is different from what a mortgage lender sees?” There[...]

How Your Credit Score Affects Your Mortgage Loan Application

Having a good credit score is one of the most important elements in a mortgage loan application, and it can determine whether or not you will get approved. As a first time home buyer, the mortgage process can be daunting, and having a firm understanding of how your credit score works can make the process a little less scary. Academy[...]

Mortgage Rates Fall, Number of Applications Increase

The number of applications rose and mortgage rates continued to stay low, despite yet another announcement from the Federal Reserve that it would further taper its stimulus down to just $65 billion per month. According to the most recent numbers from the Mortgage Bankers Association, mortgage applications rose 0.4 percent in the week ending Jan. 31, 2014 compared to the week[...]

Academy Mortgage Offers Special Jumbo Loans for Atlanta Homebuyers

With both home sales and home prices finally back on the rise, more new homebuyers are beginning to look into mortgage and loan options that fit their needs. For those looking to purchase a new home in Atlanta, Academy Mortgage may have just the loan you need to secure your dream house. Jumbo loans, which previously had a negative connotation during[...]