Damien Mercer, southeast leadership and business development for FBC Mortgage, joins host Carol Morgan on this week’s Atlanta Real Estate Forum Radio episode. In this podcast episode, Mercer discusses how FBC Mortgage tailors its services to homebuilders. Mercer said, “When I say we're builder centric, our software and our databases and our reporting are builder centric, to be able to be[...]
Buying your first home can feel like stepping into unknown territory. If you don't plan financially, you risk overcommitting to payments, receiving a bad loan, or facing unexpected costs you aren't prepared to handle. The key is understanding your financial situation, improving areas like credit and savings, and planning for every cost involved. This guide takes you through all the steps[...]
The Federal Housing Administration (FHA), the largest insurer of mortgages in the world, is changing the loan limit for Metro Atlanta real estate. The FHA Loan Limit will be increased from $498,257 for 2024 to $524,225 on any contract accepted and assigned a FHA case number in 2025. This is good news for Atlanta homebuyers, as it's offering adjusted loan[...]
Not everyone fits the traditional mold when it comes to mortgage qualifications. For those who fall outside conventional lending standards, a non-QM loan (non-qualified mortgage) offers an alternative path to homeownership. Whether you’re self-employed, have a fluctuating income, or have experienced past credit challenges, non-QM loans provide flexible options to secure a home loan. In this guide, we’ll explain what[...]
Lowest Mortgage Rates Since 2022 Create a Great Opportunity to Buy a New Home in Atlanta Now With mortgage rates recently dropping to the lowest rate since September of 2022 and an abundant supply of new Fischer Homes across all price points and designs, now is one of the best times in years to buy a new construction home in the[...]
Geoffrey Deckelbaum, partner and co-founder at SRP Lending, joins host Carol Morgan for this week’s Atlanta Real Estate Forum Radio episode. In this podcast segment, Deckelbaum discusses the private lending process for residential real estate in Atlanta. Born into a family of real estate developers, Deckelbaum’s interest in real estate blossomed from an early age. After college, he worked in a[...]
SRP Lending, a leader in innovative private lending solutions, is excited to report a significant surge in demand for intown living. Properties in intown and downtown locations across key metro Atlanta areas such as the City of Atlanta, Roswell, Duluth, Canton and Blue Ridge are in high demand. This trend underscores a growing preference among homebuyers for vibrant, centrally located[...]
In today's real estate market, the notion that a house can sell itself is quickly becoming a myth, especially when it comes to the high-end segment. Despite the dreams that properties in prime locations with luxurious amenities will automatically attract buyers, the reality is far more complex. Effective marketing is a crucial element in the home selling process, distinguishing properties[...]
In response to evolving homebuyer preferences, SRP Lending encourages home builders to construct smaller, high-quality homes. Recognizing a significant shift in the housing market, SRP Lending sees an opportunity for home builders to create residences that align with the desires of first-time buyers and the 55+ demographic, who increasingly favor 1,800 square feet or smaller homes. The National Association of Home[...]
SRP Lending, a private lender for home construction, is gearing up for a significant shift in the housing market as mortgage rates are expected to fall below 6 percent by the end of 2024. This forecast, detailed in the January 2024 commentary from Fannie Mae’s Economic and Strategic Research (ESR) Group, predicts a gradual return to a more balanced housing[...]