What’s a home buyer to do when interest rates rise? It’s a question many are considering as the market recovers from the long period of historically low rates following the financial crisis of 2008. With rates rising, buyers worry about getting a bad deal, and what that could mean for long-term financial stability.
Welcome to Southern Home Mortgage, where we make the "American Dream" of home ownership come true for hundreds of families each year. With 3 professional, licensed loan originators covering all of Georgia, we work with a diverse group of clients ranging from first time homebuyers, to reverse mortgages and everyone in between. We have the experience and resources to customize a loan program to fit our client’s needs, and we strive to make sure our clients needs and financial goals are met.
It is our #1 priority to can find a loan program to fit individual buyers and even unique properties including homes with acreage, homes that need renovations, condos, and homes in rural areas. We are experienced at USDA rural development, VA, FHA, and conventional loans and have some of the largest national banks on our list of available lenders. And yet we treat every client like a neighbor, a friend, a part of our family.
Ah, December 25. Bells are ringing, trees are twinkling, houses are…selling?
Well, not typically, but it turns out if you’re searching for the perfect home in the winter season, and you’re willing to put in some legwork over the holidays, there’s good news for you: you’ll face less competition and the potential to get a great deal.
Your home is one of your greatest financial assets, and not just because of the payoff you hope to receive if and when you sell. For many who vacation or travel to see family for the holidays, renting the house can lend some relief to holiday spending, or even help you pay for the trip you’ve always dreamed about.