What Factors Influence My Home’s Value?
5 Ways We Help Our Realty Partners Grow Their Business
Realtors and lenders may work in the same industry, but they’re anything but competition. In fact, because of the distinct assets that both roles bring, loan officers and realtors prove to work together more successfully . At Northpoint Mortgage, we’ve seen opportunities to help our realtor partners increase their profits in at least five different partnership [...]
Talk to Your Loan Officer About Discount Points
Market interest rates have been steadily rising since January 2018 Tightening of home supply in the state of Georgia Home prices have risen in the same time period “Discount Points” are fees paid directly to your lender at closing in exchange for a reduced interest rate Also known as “buying down your rate” Your lender can [...]
What to know when purchasing a condominium in Atlanta
I Want To Purchase A Condominium In Atlanta. What Should I Know Before I Begin My Mortgage Loan Application? Condominiums are defined differently than Townhomes Townhomes are treated as Single-Family Residences Condominiums are a single, individually-owned housing unit in a multi-unit building. The condominium owner holds sole title to the unit, but owns land and common [...]
Free Credit Freezes & Fraud Alerts
Looking for stronger ways to protect your credit? Starting September 21st, a new federal law will allow consumers to freeze their credit for free. This new law, the “Economic Growth, Regulatory Relief, and Consumer Protection Act” will also include a provision for free, year-long fraud alerts. Why is this important when applying for a mortgage? Credit [...]
Home Improvements Can Increase Your Property Value
Efficiency-labeled homes are showing an increase in popularity and preference for new homebuyers, and are improving in visibility across housing markets. If you’re wondering how to increase home value for appraisal, then improving the energy-efficiency of your home is an option that creates benefits for both current and future homeowners. According to the Building Codes Assistance [...]
First Time Homebuyers in Georgia
So you’re looking at buying a house for the first time, now what? The search for your first home (and mortgage) can be scary, difficult, and downright complicated. Don’t worry! Northpoint Mortgage is here to help! Here is some basic info on some great first-time homebuyer programs available in the state of Georgia: FHA Minimum 3.5% [...]
How to Prevent Marketing Calls from Competing Mortgage Lenders
OUR PROMISE. Please be assured that Northpoint Mortgage does not and will not share or sell your personal information at any point in the loan process. We also do not and will not partner with any third party who shares or sells your personal information to any outside sources at any point in the loan process. [...]
Have You Received Your Property Tax Notice?
The county assigns each property a Fair Market Value (FMV) for taxation purposes This assessment includes an estimate of taxes for 2018 based on the FMV No taxes are due at this time, 2018 tax bills will be sent out later this year Assessments can be appealed with the county The assessor mails the notice [...]
Buying Instead of Renting Makes Sense for Most Everyone
Even with mortgage rates up, buying instead of renting makes sense for many and tax changes haven't changed the calculus on home ownership very much. Buying season is in full swing, but the landscape has changed a lot from last year. Congress has curtailed tax incentives to purchase a home, mortgage rates are up and homes [...]