Rodney Mason - Conv, FHA, VA, USDA, Renovation

By
Mortgage and Lending - Angel Oak Home Loans - NMLS #151088
RECENT BLOG POSTS
Earlier this week Donne Knudsen hit 400,000+ points here on ActiveRain.  That is really quite impressive for having joined ActiveRain in August 2008.   In the last 2.5 years, Donne has written 1,062posts.  To date, she has even had 21 of those posts Featured earning her several gold stars.  She h...
03/09/2011
The GA Department of Community Affairs has announced some changes to its Georgia Dream down payment assistance program guidelines.  The changes are effective on March 1, 2011.  Some of the highlights are listed below. Household Income Limitations For homes purchased in the Atlanta MSA:Barrow, Bar...
03/06/2011
Broadway Across Atlanta has announced its 2011- 2012 season lineup for the Fabulous Fox Theatre.  Of the six shows being presented, four are Tony winners for Best Musical.  Those include Les Misérables (1987),  Jersey Boys (2006), Billy Elliot: The Musical (2009), and Memphis (2010).  The widely ...
03/06/2011
On March 1, 2011, Freddie Mac announced that it will be lowering its maximum loan to value.  The reduction will be effective with all Freddie Mac conventional mortgages with a settlement date on or after June 1, 2011.  Maximum financing requirement lowered to 95% LTV/TLTV/HTLTV Only exception wil...
03/05/2011
Does your 203K lender have an in-house Draw Department???? This is one very important question that most Alabama buyers and real estate agents fail to ask when comparing mortgage companies that offer FHA 203K Renovation mortgage program.  There are many mortgage companies who do "offer" FHA 203K ...
03/05/2011
 Can I close on an FHA Mortgage if the utilities are off? The typical answer is no.  All traditional FHA mortgages require that all utilities must be on at the time of the appraisal inspection.  It is also required that all related systems are functioning properly at the visit. However, the FHA 2...
03/05/2011
Does your 203K lender have an in-house Draw Department???? This is one very important question that most Georgia buyers and real estate agents fail to ask when comparing mortgage companies that offer FHA 203K Renovation mortgage program.  There are many mortgage companies who do "offer" FHA 203K ...
03/05/2011
The correct answer to this question would be that "it depends".  In some instances, an FHA 203K Renovation mortgage can be used to satisfy health or safety issues.  The FHA 203K Streamline loan allows for an initial disbursement of 50% of the repair costs.  As long as this initial 50% disbursemen...
02/27/2011
The US Department of Housing and Development has released its FHA 203K Endorsement Report.  It is for the Fiscal Year ending September 30, 2010.  In the period of October 1, 2009 - September 30, 2010, HUD ranks Prospect Mortgage as the #2 volume FHA 203K lender in the country.  For the 2010 Fisca...
02/27/2011
The new Pinkberry in Buckhead is celebrating their grand opening on Thursday, March 3rd.  For the occasion, they are giving away free yogurt that day.  Pinkberry flavors include: Original Blood Orange (seasonal) Chocolate (seasonal) Coconut (seasonal) Mango (seasonal) Pomegranate (seasonal) Stop ...
02/22/2011
Rainmaker
412,251

Rodney Mason

AL, GA, SC, & TN
Ask me a question
*
*
*
*
Spam prevention

Additional Information