Mortgage Information

If you're like most buyers, a home is the most expensive purchase you'll ever make, and you'll probably need some form of financing.

There are many lending institutions that offer a variety of mortgage products. Financing options and rates can vary widely, so it is important to do your research and shop around to ensure you get the mortgage that best meets your needs at the best price.

I would be happy to refer you to some very good mortgage contacts I have in the Albany area, or to help you in any other way I can to secure the best possible rate for your home purchase.

 

Here are a few names of lenders that will be able to accommodate & discuss your financing options.

Regions Mortgage - Marilyn Odum - Office: 229-434-6818
                               Tamara Gibbs - Office: 229-431-2943
Suntrust Mortgage - Jan Phillips - Office: 229-430-5552

                                Erin McDonald Office: 229-430-5716

Ameris Bank - Angela Denny - Office: 229-434-4555

Flint Community Bank - Patsy Phillips - Office: 229-903-1400

AB&T Albany Bank & Trust - Jamie Parker - Office: 229-446-2265

                                                Rosa Ramsey - Office: 229-446-2265

Bank of Camilla - Ken Forrester - Office: 229-336-7779

SGB Southwest Georgia Bank - Cindy Kelley - Office: 229244-4444

Wells Fargo Home Mortgage - Michael Philibin - Office: 800-547-9598

 

***NOW IS THE PERFECT TIME TO BUY A HOME***

  • FIRST-TIME HOMEBUYER Tax Credit For 2009, congress has enacted a $8,000.00 tax credit. This revised $8,000.00 tax credit applies to purchases of a principal residence on or after January 01, 2009 and before December 01, 2009.
  • The State Of Georgia offers a tax credit: up to $1,800 to purchasers of an eligible single family residence in Georgia for homes purchased before November 30, 2009.

 

Use the mortgage calculators below to assist you in making some decisions around financing your new home.

Mortgage Qualification Calculator

This calculator will help you determine how much money you qualify to borrow. The results are informal. You will be subject to a credit approval from your financial institution taking into consideration existing debt load, amount of down payment, income and other variables.

Mortgage Payment Calculator & Amortization Table

This calculator will help you determine what your mortgage payments will be based on purchase price, interest rate and mortgage term, as well as other factors. The amortization table shows what the interest and principal payments will be over the term of the mortgage.