MORTGAGES
Thomas S Hogan, II offers residential mortgages through Home Lending Source, a national mortgage lender. Thomas S Hogan, II is a licensed morgage originator (NML # 170362). Residential Mortgages offered exclusively through Home Lending Source, 4151 Ashford Dunwoody Rd., Suite 512, Atlanta, GA 30319 (NML #29837). Home Lending Source is independent of Buckhead Financial. Home Lending Source has a strong dedication to maintaining agreements with several major investors, and a strong belief that clients are best served when they have excellent advice and a full range of options.
Home Lending Source Atlanta Office
Office:
404-382-7620
404-382-7620 Fax: 404-591-7922
404-591-7922Office:4151 Ashford Dunwoody Road
4151 Ashford Dunwoody RoadPRODUCTS
Agency 30-year Fixed
Agency 15-year Fixed
Agency ARMs (5/1, 7/1, 10/1)
FHA 30-year Fixed
FHA 15-year Fixed
FHA ARMs (3/1, 5/1)
VA & USDA
Jumbo 30-year Fixed
Jumbo 15-year Fixed
Jumbo ARMs (5/1, 7/1, 10/1)
Please ask about programs for renovation and green initiatives
NOTES
640 minimum credit score (higher for most programs)
First-Time Home Buyer OK
Debt Consolidation to 80%
Private Label Jumbo with no MI
Hard Money available
Investor Homes OK
Second Homes OK
FAQ
Q: What is a Correspondent Lender?
A: Correspondent Lenders work like travel agents, offering clients the loan products of many different investors.
Q: When do interest rates change?
A: Interest rates change throughout the day, when the commodity markets are open in Chicago. Rates are issued in the mid-morning, and often are updated throughout the day.
Q: How do closing costs work?
A: Each loan has closing costs. These costs can be offset by the client electing to take a slightly higher interest rate.
PRODUCT HIGHLIGHT
Fannie and Freddie Announce
“Affordable Refinance Programs”
Borrowers with good credit, good income, and good assets may qualify for the Affordable Refinance Programs being made available by FNMA and FHLMC (All Conventional Loans). The programs are available for refinances of existing Conventional loans only (cannot go from FHA to Conventional). The goal of the refinance effort is to provide access to low-cost refinancing for responsible homeowners suffering from falling home prices. The programs MAKE SENSE as the purpose is to put responsible borrowers in a better position by reducing their monthly principal and interest payments or moving them from a more risky loan structure (Adjustable) to a more stable product (Fixed).
• Due to volume of requests, full applications given priority (call for easy details)
• Loans must receive approval from automated underwriting.
• If loan currently has Mortgage Insurance, premium remains unchanged on new loan (no new MI).
• LTV is available to 125% in some cases.
• Most loans refinanced in less than 1 month (often possible to skip 2 monthly payments)
• 2nd mortgages can be subordinated, but not paid down or paid off.
Thomas S Hogan, II offers residential mortgages services as an employee of Home Lending Source.
Home Lending Source takes pride in providing our clients with expertise, and resources from our network of industry leading professionals. Thomas Hogan is a licensed Loan Originator, and is regulated by the Georgia Department of Banking & Finance, as well as the National Mortgage Lending Association. As such, we are required to meet the strict educational requirements and the highest ethical standards which are attributed to this professional designation.
Buckhead Financial
Quality Solutions Since 2001
Thomas S. Hogan, II
(404) 591-2500
