Florida Mortgage News

5 Reasons You Should Purchase Your Home Over the Holidays

November 13th, 2017 by Inlanta Staff

1. Less Competition

The holidays are a busy time, meaning you will find fewer Real Estate transactions taking place. The advantage of fewer people shopping for a home is less competition and multiple offer situations. For an upper hand make sure to get a copy of Inlanta’s 5 Secrets to Winning in a Tight Real Estate Market.

2. Sellers Are Motivated

People who are selling their home during the holidays tend to be more motivated. If the home has been on the market for some time prior to the holidays they may be even more eager to sell. Use this urgency to your advantage to negotiate a fair offer with the sellers. Read the rest of this entry »

Get the Guide: Know the Score on Your Credit Score

June 27th, 2017 by Ima Admin

It’s one thing to know your numbers. It’s another to know what those numbers mean. Inlanta’s Florida Home Loan Solutions has just published a handy guide, “Understanding Your Credit Score,” to help consumers learn the ins-and-outs of credit scores and the impact on mortgage rates and program eligibility.

“Credit reporting is counter-intuitive. Often, it’s the solid, steady folks who are shocked to learn that while they may have managed their money admirably, their credit scores are quite a bit lower than they could be, and therefore their interest rates may be higher,” says Jonathan Arnold, Branch Manager of Inlanta’s Florida Home Loan Solutions. Read the rest of this entry »

Jonathan Arnold: Meet The Mind Behind The Mortgage Model

May 4th, 2017 by Ima Admin

Jonathan Arnold (Left) of Inlanta’s Florida Home Loan Solutions received the Michigan Mortgage Lender Association’s (MMLA) Rising Star award.

How do you turn the experience of buying a first home into a lesson in leverage and the power of investment? According to Jonathan Arnold, you teach your buyers to fish.

“I want to help people invest in real estate and build security. I am passionate about empowering people with information,” Arnold said. “Our industry has not always been as transparent with consumers as I’d like.”

Arnold is the branch manager for Inlanta’s Florida Home Loan Solutions, specialists in FHA and VA home loans, as well as Conventional, Home Renovation, and a full lineup of innovative mortgage products. He was recently fêted by the Michigan Mortgage Lender Association as a Rising Star during a ceremony held May 2nd.

How Arnold is Disrupting the Mortgage Industry

Considered by many in the industry to be a maverick in his approach to team-building, Arnold modestly shrugs off the accolades but becomes animated when discussing the root of his twin passions: changing the way that mortgages are processed by ‘pairing the talent to the task,’ and devoting resources to educate his clients. Read the rest of this entry »

Get the Guide: 5 Secrets to Winning in a Tight Real Estate Market

March 13th, 2017 by Ima Admin

an image of the article written by Grand Rapids mortgage lender Jonathan Arnold on winning real estate bids
Jonathan Arnold, Branch Manager of Florida Home Loan Solutions with Inlanta, has written the definitive guide to help prospective homeowners find their dream homes and win their bids in the most competitive real estate market in Florida history.

“It’s unbelievable. The real estate market isn’t waiting for anyone. It’s full speed ahead,” Arnold said.

The region’s real estate market, ranked No. 4 in a recent survey of the nation’s hottest housing markets by Trulia.com, saw 13,593 single family homes exchange hands last year, a 3.7 percent increase over 2015. But the “hot” market also means a serious shortage of inventory that has would-be home-buyers scrambling to outbid the competition. Inventory is lower than ever..

If you’re ramping up to find your dream home or vacation property, you’ll want expert help to get the jump on the competition. Follow this link to read and download his guide.

New – Guild Mortgage Inlanta offers Govt. Loan Options for Credit Scores as low as 581 & No Score Option

February 21st, 2017 by Ima Admin

Family in new home to depict Inlanta's Florida Home Loan Solutions new low score program for government-backed mortgages

Florida mortgage lender, Inlanta, has new ways to help FHA, VA, and USDA home buyers qualify for government-backed loan programs, even if they have less-than-perfect credit, or in some cases, no credit rating.

“We know that people are more than their credit score,” said Jonathan Arnold, a branch manager and loan originator with Inlanta. “There are people who have never missed a payment, but come in with 581 credit scores. Meanwhile, there are people finishing up bankruptcies that have a score of 650. Sometimes the credit score just doesn’t tell the whole story.” Read the rest of this entry »

Florida Housing Shortages

January 26th, 2017 by Inlanta Staff

Where have all the homes gone?

On a national level there are only 1.65 million homes for sale equating to about 3.6 months of inventory, down from 3.9 months last year at the same time. In an ideal situation, there will be six months of inventory to provide for healthy and well balanced market. The National Association of Realtors (NAR) provided the info-graphic at the left comparing where existing home sales where in 2015 compared to 2016.

With these bleak levels of inventory home buyers must be prepared to act quickly, expect multiple offers and potentially need to offer over list price to get their dream home.

What does all this mean?

There is clearly a need for more homes on the market for sale.
It is important as a potential home seller to know all your financing options. Can you buy before you sell?
Make sure as you are fully pre-approved, not just pre-qualified.
As a potential home buyer it is important to know if renovating an older and/or outdated home is an option for you.
Bottomline is you need to be well informed and be well aware of all the options available to you before making the decision to buy and sell in today’s market.

How can Guild Mortgage Inlanta help you?

The Inlanta team is here to create a long-term relationship that starts with a great conversation. It is important to learn up front what is most important to you, what makes the most sense for your life circumstances and what long term goals you have. Our proactive approach means getting to know your story, so together we can meticulously prepare the best mortgage loan for you.

Lets Start the Conversation Today.

FHA and VA Increase Loan Limits for 2017

December 12th, 2016 by Inlanta Staff

fha_va We’re very pleased to announce that loan limits have increased for both Federal Housing Administration FHA loans and Department of Veteran Affairs VA loans. Any applications filed on January 1, 2017 or later will be subject to the limit increase.

Read this post from Guild Mortgage Inlanta to get the full story on the increase and why it makes 2017 a great year to buy a home. Then, contact us to discuss your options or begin your application today! Read the rest of this entry »

Maximum Conforming Mortgage Loan Limits Increase

December 1st, 2016 by Inlanta Staff

Maximum Conforming Mortgage Loan Limits where increased by The Federal Housing Finance Agency (FHFA) from $417,000 to $424,100 for the first time since 2006. In higher cost counties the mortgage loan limit will increase from $625,500 to $636,150.

“The Housing and Economic Recovery Act of 2008 (HERA) established the baseline loan limit of $417,000 and requires this limit to be adjusted each year to reflect the changes in the national average home price,” read the statement from FHFA. With this increase along with rising home prices is an indication that the housing market has returned to pre-recession growth.

With this increase in home loan limits homebuyers have an option of choosing a conventional home loan over jumbo loans which provides more favorable loan terms resulting in real savings to the consumer over the life of the mortgage.

All these changes only have an affect on mortgage loans that are closing on or after January 1, 2017. One advantage our Guild Mortgage Inlanta Team has is that we are a direct mortgage lender with Fannie Mae and Freddie Mac and are able to start taking your loan application and lock your rate today.