What is FHA Streamline Refinancing?

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If you have an FHA mortgage and are interested in securing a lower interest rate, FHA Streamline refinance is a great option to consider. FHA-insured mortgages are a type of nonconventional financing with flexible approval requirements, which makes them appealing for many types of borrowers. After just six months, qualifying borrowers can apply for FHA… [Read More]

What is Rate-and-Term Refinancing?

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A mortgage is a serious commitment, but it is not something that you’re stuck with forever. Refinancing is an option to replace your existing mortgage with a new one that works better for your life. While refinancing has its benefits, you should think carefully about your current and future needs when determining if you need… [Read More]

Cash-Out Refinancing: Turn Home Equity into Cash in Hand

modern home

Many people don’t know that there are two main types of mortgage refinancing. Rate-and-term is a type of refinance in which a borrower wants to secure a better rate or term for long-term savings. Cash-out refinance, the topic of this week’s blog from North Georgia Lending, is the replacement of an old loan with a… [Read More]

FHA Loan Frequently Asked Questions

Young Man Worries About Debt and Money

In this week’s blog from North Georgia Lending, we’ll discuss several FHA loan FAQs that our mortgage professionals often hear and provide answers. If you’re interested in purchasing a home in Cumming, GA, we’d love to be your partner and help you find affordable financing, so you can buy a home you love. Do FHA… [Read More]

VA Refinancing Options: Cash-Out and Streamline

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Are you a homeowner with a VA loan interested in refinancing for a better rate or to get cash back in exchange for some of your equity? There are a few types of VA refinance to consider, each of which has unique advantages for different borrowers. In this week’s blog from North Georgia Lending, we’ll… [Read More]

The Pros of Refinancing a Mortgage

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If you’re interested in refinancing your mortgage, a good place to start is to look at the pros of different refinance options to see if they’re worth your time and effort. Refinancing has many purposes: some borrowers refinance to lower mortgage payments, others want to pay off their loans faster, and still others refinance to… [Read More]

How to Find a Realtor

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Finding a great home at the right price with a competitive loan is hard to do alone. When you work with skilled, local professionals, the process is much easier. The team at North Georgia Lending are mortgage pros with top national lending partners with the most competitive interest rates and flexible terms. We work closely… [Read More]

Saving for a Down Payment

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For many would-be homeowners, raising the cash for a down payment is the final hurdle to overcome before buying a house. In this week’s blog from North Georgia Lending, we’ll discuss some tips for saving for a down payment. How much you’ll have to save depends on the type of mortgage you get. Some conventional… [Read More]

How to Build Credit for a Mortgage

Money & Debt Worries, Young Woman Stressed by Credit Cards

It’s hard to get approved for a mortgage with bad credit. Even if you’ve raised enough funds for a down payment and have a steady income, a bad or poor credit score often means you either won’t get approved for home financing or you’ll be stuck with bad terms or high rates. Improving your credit… [Read More]