Georgia Home Refinance Mortgage Loan, Atlanta Home Refinance Mortgage Loan

Conventional Home Refinance If you are looking to refinance your current home mortgage, Eva Sleeper in Atlanta , Georgia is for you! Our experienced mortgage team work with homeowners looking to refinance their home in Atlanta and around the State of Georgia . Eva Sleeper offers low rates and excellent service and we will advise you if refinancing your home is the right move for you at this time. Contact Eva Sleeper to find out if refinancing your home is the right move for you today!

It's a good idea to reassess your current mortgage to see if you can benefit from refinancing to a lower interest rate. Often, it's a sound financial choice that lets you: Reducemonthly payments, Save money over the life of your loan Pay off your mortgage faster Reduce risk by switching from adjustable-rate to a fixed-rate loan Eliminate the need for Private Mortgage Insurance Free up cash for major expenses or to consolidate debts Georgia Conventional Home Refinance Mortgage Loan Georgia FHA Home Refinance Mortgage Loan Georgia VA Home Refinance Loan Georgia USDA Home Refinance Mortgage Loan Georgia Investor Home Refinance Loan Reduce monthly payments, Save money over the life of your loan Pay off your mortgage faster Reduce risk by switching from adjustable-rate to a fixed-rate loan Eliminate the need for Private Mortgage Insurance Free up cash for major expenses or to consolidate debts

FHA Refinance The Eva Sleeper and her team of mortgage and real estate professionals offer low rate FHA mortgages to qualified consumers. We continue to provide a variety of government mortgage loan options that ensure competitive interest rates. Purchasing a home in the Atlanta, Georgia area is made easy with knowledgeable mortgage professionals. Whether you need to refinance out of an adjustable rate mortgage loan that is scheduled to adjust or need money to rehab a bank owned foreclosure you want to buy, our FHA mortgage lending team has the experience and willingness to assist you with the government loan process. Our Team is well informed on the many recent changes from FHA.

USDA Refinance The borrower must prove ability to repay the loan. Determination of repayment is based on ratios using gross(before taxes) income to PITI* and all other monthly recurring credit obligations, such as car payments, student loans, credit card payments and student loans. The maximum debt to income ratio is 41% PITI = Principal, Interest, Taxes and Hazard Insurance All closing costs may be financed in the loan based on the appraised value of the property.

The USDA Rural Housing program can also be used for refinancing an existing mortgage. A complete appraisal is required to determine property value and maximum loan amount.	The guidelines are the same as for a purchase: borrowers are required to meet basic credit worthy guidelines. Borrowers must be able to afford the mortgage payments, including taxes and insurance. In addition, borrowers must have acceptable credit histories.	Loans are for 30 years. The USDA Rural Housing guidelines require a .5% upfront funding fee which can be added to the loan amount. The good news is that USDA Rural Housing loans do not have the additional monthly mortgage insurance premium.

VA Refinance VA Mortgage guidelines enjoyed several changes as signed into law by the President on October 10, 2008. A very important change for qualified veterans was the increase in the amount of a VA refinance loan from 90% to 100% of appraised value.

Many homeowners in the Metro Atlanta area as well as all of Georgia have experienced a decline in the value of their home during the past twelve months. Declining values impact the total loan amount available for mortgage refinance. In the past this might have prevented a veteran from refinancing from a sub prime mortgage into a VA Home Loan, the increased loan to value has helped many eligible veterans refinance into a lower interest rate loan. The 100% financing is only available for interest rate reduction loans. No cash from the transaction is allowed. All closing costs may be included in the loan amount. Eva Sleeper is an experienced VA loan originator. Call Eva today to ask about your free appraisal! The cost of your appraisal will be credited back to you at time of closing. All appraisals must be paid in advance at time of appraisal. The credit of the cost is just one way Eva says “Thank you for your service”.

Refinance Advantages: Eva Sleeper has been assisting homeowners in the metro Atlanta area and throughout Georgia with refinance options for over 20 years. Most homeowners are familiar with the information available in various sources of media offering compelling reasons for refinancing your home: The stability of a fixed-rate payments Lower interest rate Obtain cash out from your home’s equity Consolidate debt on variable rate loans How do you know the right time for you to refinance? Eva Sleeper has a mortgage calculator you can use, to help you compare your current loan to present loan options and interest rates. Armed with this tool you have a basis of comparisons to assist you in deciding if refinancing is the right move for you at this time. If you decide now is the right time for you to refinance, Eva Sleeper will search our base of nation wide lenders to find the best refinance option for you. Eva Sleeper earns your loan by offering mortgage loans that can save you money.     In order to smoothly process your mortgage application the following documents are needed: REFINANCE: 1 Government Issued Photo I.D. and Social Security Card (please enlarge) Settlement Statement from purchase or refinance Recorded Warranty Deed Note Mortgage statement Insurance Declarations Page Current Tax Statement 2008 W2’s and complete tax return (all schedules) 2009 W2’s and complete tax return (all schedules) 30 days pay stubs showing most current year-to-date earnings Asset Accounts: most recent 2 months Checking – all pages (front and back even if back is blank if it says page 2 of ..) Savings – all pages IRA – all pages Investment accounts – all pages Retirement accounts – all pages 401k (through employer) – all pages Teacher savings/retirement accounts – all pages When you are ready to refinance, Eva Sleeper will assist you. Prepare to benefit from a home loan custom-fitted to your needs!