Home Loans 101

Home Loans 101

Are you ready to become a home owner? There are three major types of loans to consider. Watch a quick video on on adjustable rate mortgages, 15-year fixed rate mortgages, 30-year fixed rate mortgages to learn more!

Inlanta Loan Programs

In addition to the fixed or adjustable rate mortgage options, a licensed Inlanta Mortgage loan officer can help you determine which specific loan program is best for your situation. Inlanta offers a number of loan programs including no down payment USDA financing, VA financing, conventional loans, and FHA loans. In addition, Inlanta offers renovation/rehabilitation loan options and the new low down payment options available from Freddie Mac and Fannie Mae (Home Possible® & MyCommunityMortgage®). Use our branch locator to find an Inlanta Mortgage loan officer near you, or simply apply online and we will find one for you.

Our Mission Statement

Our mission is to be the home financing partner that you trust to serve your family, friends and community. Through our family of dedicated mortgage professionals, our commitment is to deliver an exceptional experience. Our unwavering dedication to integrity, honesty and ethics is the foundation of all of our relationships.

About Inlanta Mortgage

Headquartered in Brookfield, Wisconsin, Inlanta Mortgage is a growing mortgage banking firm committed to quality mortgage lending, ethical operations and strong customer service.

Inlanta Mortgage offers Fannie Mae/Freddie Mac agency products, as well as a full suite of jumbo and portfolio programs. The company is an agency approved lender for Freddie Mac and Fannie Mae, FHA/VA, FHA 203K and USDA. Inlanta Mortgage also offers numerous state bond agency programs. Review Inlanta’s mortgage loan programs.

Inlanta Mortgage was named a Top Mortgage Lender in 2013 as well as 2012 by Scotsman Guide and a Top Workplace by the Milwaukee Journal Sentinel in 2014 as well as in 2012. Inlanta has also been named one of the “Top 100 Mortgage Companies in America” in 2011, 2012 and 2013 and one of the 50 Best Companies to Work For according to Mortgage Executive Magazine.

Inlanta Mortgage, Inc. NMLS #1016, MyCommunityMortgage® is a registered trademark of Fannie Mae, HomePossible® is a registered trademark of Freddie Mac.

5 Things You Can Learn from Driving by a House

Can You Call it Home?

 Driving by a house can give you a better feel for its ability to become your home.

While the internet a is wonderful resource for today’s home shopper – there are still some things an old fashioned drive by can do that the internet can not!

It’s very easy to get wrapped up in a home’s features listed online –  here are a few important things you can learn just by driving past it:

1. How long is the commute to work?

You might consider driving to the house directly after or before work. Maybe you didn’t really think the drive was that far when you checked it out that leisurely Saturday afternoon –  but what’s it like when everyone else in the area is going to work? How long will it take you to find a break in the traffic so you can turn out of your driveway?  There’s really only one way to find out.

2. Who else uses your road?

What other vehicles or activity do you notice on the street in front of the house you want to buy? If you have bike riding children, it might be nice to see other children are safely using the road. If you have a dog that barks every time a noisy car goes by – it might be good to know if your neighbors maintain their mufflers…

3. What’s going on late at night on the weekends?

You may want to consider a few evening drives to the home to see what your neighbors are up to. We’re not encouraging spying – but if you drove by a few different nights and your neighbors were throwing a huge party each time …you might want to take that into consideration.

4. Is it easy to do errands?

So you may have noticed there’s a grocery store just a few minutes away. But does it sell items you want to buy and can you afford it? How about a gas station, library, school, hospital, or any other destination you frequent? Just some thoughts to consider before you commit to a future in the home.

5. Will it feel good to pull up to this home day after a long day and will you feel pleased and proud that you own it?

Money isn’t everything. It may be the greatest bargain you have ever come acorss….but at the end of the day, can you feel yourself calling this place home?

Inlanta Mortgage offers Fannie Mae/Freddie Mac agency products, as well as a full suite of jumbo and portfolio programs. The company is fully delegated HUD-FHA including FHA 203K, VA, and USDA approved. Inlanta Mortgage also offers numerous state bond agency programs. Review Inlanta’s mortgage loan programs here.

Inlanta Mortgage is a multi-state mortgage banker based out of Brookfield, Wisconsin. NMLS# 1016. Inlanta Mortgage is proud to be a recent recipient of a 2012 Top Workplace Award.

 

Rents Rise as Rental Vacancies Decline

As rental vacancies decline, rents rise. It’s a simple matter of supply and demand. Rising rent prices make rental properties more lucrative to investors who then flock to purchase homes and get in on the action. As a result, first time homebuyers looking to take advantage of low rates and low home prices will face stiff competition from investors.

Rents Rise as Rental Vacancies Decline

 

All that being said – don’t let yourself become discouraged! Now is still the best time to purchase your first home. 15-year and 30-year mortgage rates are at all time record lows. Consult a licensed mortgage loan professional to get
pre-approved for a mortgage loan today. Armed with a pre-approval letter, a Realtor can help you find the home of your dreams. Read more about why you need a pre-approval here.

Are you ready to take advantage of the lowest mortgage rates in history and low home prices? Contact and Inlanta Mortgage loan professional to discuss your specific financing needs and get your pre-approval letter today. Click here to find an Inlanta Mortgage loan officer near you.

Still on the fence? Read more about rising rent prices here or discover why home ownership matters here.

Inlanta Mortgage offers Fannie Mae/Freddie Mac agency products, as well as a full suite of jumbo and portfolio programs. The company is fully delegated HUD-FHA including FHA 203K, VA, and USDA approved. Inlanta Mortgage also offers numerous state bond agency programs. Review Inlanta’s mortgage loan programs here.

Inlanta Mortgage is a multi-state mortgage banker based out of Brookfield, Wisconsin. NMLS# 1016.

 

Graphic Source: ClearCapital.com