Atlanta Mortgage
Mortgage Tools and advice
Helping you every step of the way
LoanSouth Mortgage will help you every step of the way –from application to closing, we're here to make the process work for you. Whether you're ready to purchase a new home, or you're interested in increasing the value of your current property with home renovation, LoanSouth Mortgage gives you flexible options for your unique situation.
Considerations to Make When Negotiating a Loan
- Express expectations with your Mortgage Banker.
- Establish how much you can afford to borrow based on your current income and expenditure.
- Think about your total debt and factor in manageability.
- Be apprised of events and trends in the lending market for an advantage in negotiations.
- Inquire about new features added to lending products.
- Ask about professional membership or industry discounts to interest rates.
For more tips view our Mortgage Application Check List. To download a Hud Settlement Cost Booklet or CHARM Booklet, click here.
increase your credit score
Your credit reports and credit scores are a major part of your mortgage application.
Most mortgage lenders will usually check all three of your credit scores–based upon data from Equifax‚ Experian‚ and TransUnion–and use the middle score to calculate your rates. A credit score over 650 will help you get good rates on your mortgage.
Use these tips to help increase your credit score:
- Reduce your credit card balance below 35% of the credit limit
- Keep your accounts stable
- Make all of your payments on time
- Avoid unnecessary applications for credit
- Correct negative inaccuracies
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- 990 Hammond Drive
- Suite 210
- Atlanta, Georgia 30328
- Toll Free: 866.780.3720
- Local: 678.551.7120
- Fax: 678.252.5597
BankSouth Mortgage Company, LLC. D/B/A LoanSouth Mortgage | NMLS #690971