In March, BusinessWeek Magazine named Peachtree City as Georgia’s Best Affordable Suburb. The article notes Peachtree City’s lakes and recreation amenities, along with its 90-mile network of multi-use paths and golf carts.
In choosing the best in each state, BusinessWeek focused on towns within 25 miles of each state’s largest city, featuring good schools, low crime, [...]
While still extremely low, the wholesale 30-year base rate edged up to 4.75% today. We expect it to continually fluctuate between 4.5 and 4.875% each week.
Anderson Lending Group offers a competitive SBA Program.
Some basic details:
Small business loans up to $5 million. Borrowers can qualify based on DSCR of 1.2 and 660+ credit score. Available LTV of up to 90%.
This program is ideal for professionals seeking to purchase their office location (including equipment).
Anderson Lending Group does not offer any “reduced” documentation loans. These loans, previously advertised as Stated Income, No Ratio, or No Documentation loans are no longer available from any investor in the country. Don’t be misled by mortgage companies offering these loans. They are either guilty of not updating their website, or are attempting to [...]
Yes…it’s true. Military veterans are eligible for the best 100% mortgage product remaining. This is a temporary increase over the standard limit, originally guaranteed by the Secretary of Veterans Affairs for loans originated from July 30, 2008 through December 31st, 2008. This has now been extended by the VA through December 31st, 2009.
For all locations in the [...]
Still at unbelievable levels, rates bumped up to 4.625% for the wholesale cost today. Don’t miss your chance!!!
While the economy is suffering, the Peachtree City real estate market is holding it’s own. Peachtree City Mortgage loans are widely available, with mortgage rates between 4.375% and 4.75%.
Clients seeking mortgage loans in Peachtree City find that the housing supply exceeds demand, allowing them to choose from a large selection of properties. Even in this [...]
Crazy! Golf Carts and Mortgages!? What do they have in common.
Most people cannot imagine life in the Atlanta suburb of Peachtree City. I moved here almost 10 years ago and enjoy a somewhat relaxing life amidst the golf carts and families. Fortunately the mortgage business is great, although I don’t play as much golf as [...]
Many of our clients regularly ask us to help explain the mysterious credit scoring system. The below image, courtesty of http://www.720creditscoretoolkit.com does a great job of accurately depicting the various components of your credit score.
As you can tell, the payment history on your accounts is the most important factor affecting your credit score. The second [...]
Anderson Lending Group is based in Peachtree City, adjancent to Newnan. We have hundreds of clients in Coweta County, and have worked in the Newnan mortgage market for over five years. Feel free to give us a call or drop an email for personal service.
The rates are amazing right now, and despite the news media’s daily [...]
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News from the blog
- USDA Loan Update – Important Please Read
- HUD Removes FHA Mortgage Origination Fee Cap
- Improving your credit score
- USDA Loans – Min Credit Score
- Loan Modifications
- Jumbo and Super Jumbo 5-year ARMS – HOT
- Georgia Senate Bill 57 Defeated!
- Super Jumbo Loans and Mortgage Rates
- Getting a Loan After a Foreclosure – An all too Real Reality for Many Borrowers
- Investor Loan Rates
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