Mortgage Calculator: Your Essential Tool for Southeast Georgia and Northeast Florida Homebuyers In the vibrant real estate markets of Southeast Georgia and Northeast Florida, finding the perfect home is just the beginning. Understanding the financial implications of your dream home…
Is an Adjustable Rate Mortgage (ARM) Right For You? If you're looking to purchase a home or refinance your current mortgage, you'll need to decide whether an adjustable rate mortgage (ARM) is the right loan for you. These loans often…
Is an Adjustable Rate Mortgage (ARM) Right For You? If you're looking to purchase a home or refinance your current mortgage, you'll need to decide whether an adjustable rate mortgage (ARM) is the right loan for you. These loans often…
Choosing a Mortgage Down Payment A mortgage down payment is an important part of the home buying process. This is the money that a buyer pays out of their own in pocket in addition to the loan amount. It can…
Lender Paid Mortgage Insurance Whenever you purchase a home with a down-payment of less than 20%, mortgage insurance is most likely going to be required by your lender. Government mortgages (USDA, FHA, & VA) all have their own mortgage insurance…
Watch this video for a demonstration of how to setup electronic consent, your username, and password for the Capital City Home Loans secure portal: Setting up usernames and passwords can be a frustrating experience, but these extra layers of passwords…
Conforming Mortgage Loan Limits Increased for 2019 Housing prices continue to rise The Federal Housing Finance Agency (FHFA) has announced the maximum conforming mortgage loan limits for any mortgages backed and secured by Fannie Mae (FNMA) and Freddie Mac (FHMC).…
Correspondent Mortgage Lenders There are three different financial institutions that make mortgage loans: direct lenders, mortgage brokers, and correspondent mortgage lenders. All three can help you get a new mortgage, but how do they differ, and why does a correspondent…
A Mortgage PrePayment Penalty? Will an early pay-off of your mortgage result in a financial penalty? The quick answer is, not in most cases. One question that I frequently hear from my clients is "Will my mortgage have a…
With the news this week that FHA is lowering it's monthly mortgage insurance, there will undoubtedly be renewed interest in its mortgage loan product. FHA mortgage loans are particularly attractive to first-time home buyers and to buyers who may have…
