BD Nationwide is excited to connect you with bankers and lenders announcing second mortgage loan and HELOC specials to Georgia homeowners seeking cash out for consolidating debts or financing a home renovation. The state of Georgia has set forth some fee restrictions that have created some obstacles for many mortgage lenders and brokers.
BD Nationwide has been helping borrowers in the South with high LTV loans for many years with countless happy customers coming back to us for refinancing and purchasing new homes.
Our reputation is strong because we always put the borrower first. Take advantage of our flexible second mortgage loans that have no pre-payment penalties for early pay-offs. Talk to a loan officer today to determine if you meet the eligibility requirements for a low closing cost home equity loan.
Shop Mortgage Rates from Top 2nd Mortgage Lenders in Georgia
The top HELOC lenders in Georgia are offering an APR range of 8% to 12% and loan amounts from $25,000 to $1,000,000 without any annual fees or pre-payment penalties for early termination. As an online-marketing company, BD Nationwide gets access to the best Southern banks and Georgia mortgage lenders in the state.
BD Nationwide will help you shop Georgia lenders not just for its cost-effectiveness, but also for its product availability and reliability. BD Nationwide reviewed and rated the top ten home equity lenders in Georgia for this study. While the list is thorough, it doesn’t include every lender in the state.
Many Georgia homeowners have benefitted from our second mortgage loans that include reduced rate incentives while offering cash out refinancing with several loan types. Southern borrowers can get cash out with first mortgage that requires refinancing your current mortgage or with a new second mortgage that would initiate another loan against you property.
•Refinance with a Fixed Rate
•125% Home Equity Loans
•Jumbo Home Loans to 100%
•Tax Deductible 2nd Mortgages
• 2nd Mortgage Behind ARM
Atlantic residents with good and bad credit may qualify for low cost 2nd mortgage loans with
little or no equity required!
Georgia residents can take advantage of monthly loan specials that are offered exclusively to homeowners residing in the South. Ask your mortgage broker about state specific guidelines and APR restrictions. Mortgages rates that can vary depending upon state, loan amount and credit score.
If you are like most Georgia homeowners, you’re tired of drowning in high-interest credit card debt, paying each month but barely seeing any drop in the balance. Whether you live in Atlanta, or Augusta, you can take care of that debt by accessing the equity in your home, with a lower monthly payment and even tax advantages! A Georgia Second Mortgage could be the answer to those financial problems!
Consider financing some home improvements such as room additions, kitchen remodeling, and adding new pools, roofs, or landscaping can greatly increase the value of your house. Not only that, they improve both the comfort and aesthetics of your home! You could even cash out and use the funds to finance education or take that much-needed family vacation. The choice is yours, and we are here to help!
Georgia Second Mortgage and Home Equity Refinance Volumes Increases!
•Low Rate Interest Only HELOC’s
•2nd Home Financing
•Prime Home Equity Rates
•Home Loans to 100%
•Second Mortgages to 125%
Our primary goal at BD Nationwide is to help Georgia consumers find the best financing options from top lenders and banks. Since our inception, we have cultivated strong relationships with lenders throughout the country. We can help you find the best loan for your unique needs! Consider Getting Cash Out to purchase a vacation home!
Home Improvement News – GA
Georgia Homeowners have enjoyed significant home appreciation over the last five years, and home improvements have played a major role in the increased values. A lot more is riding on home improvements than making your house nicer to live in or getting a better price when you sell. Remodeling your kitchen, adding a bathroom or even planting some shrubs can reduce possible capital gains taxes.
Georgia State Loan Update
Georgia Home values have recently peaked at all-time highs, so tap the equity in your home before you risk losing some equity. 2nd mortgage application volumes have begun rising in Atlanta, Augusta, Columbus, Savannah, Athens, Macon and Roswell. – Georgia Home Mortgages
Home equity loans are more popular than ever because they give you access to your home’s equity at any time. Choose from variable credit lines to fixed rate installment loans.
Check Local Mortgage Rates – Atlanta, GA
With home sales dipping slightly across the East Coast. It may be your last chance to refinance your adjustable rate mortgage or take out a fixed second mortgage at a competitive home equity rates.
Are your Home Equity Credit Line Interest Rates Rising?
Get the latest GA Home Equity Rates from competitive local lending companies.
Local Tips From The Underwriting Mortgage Pros:
“Remember, the Fair Housing Act prohibits discrimination in residential real estate transactions on the basis of race, color, religion, sex, handicap, familial status, or national origin.” – P Duncan, Georgia Mortgage Broker at 1st Nationwide
Take advantage of the current low rates by considering a second mortgage that allows you to maintain your existing low-rate first mortgage. Our second mortgage loans serve as an additional loan on top of your existing mortgage. We were among the few loan companies offering 125% loans in Georgia, allowing you to surpass your property’s value. Nationwide lenders provide low-rate loans to maximize your home financing without the need for equity. Consolidating high-interest credit card bills and installment debts may be a wise decision, leading to substantial monthly payment reductions, and potential tax deductions.
Georgia Mortgage News
According to Nerdwallet, Georgia mortgage rates have been falling on purchase money, cash out refinance and home equity loans. As of August 15, 2024, mortgage rates in Georgia are 6.125% for a 30-year fixed mortgage and 5.500% for a 15-year fixed mortgage. Here are some additional mortgage rates in Georgia:
- 20-year fixed-rate: 6.059% APR
- 10-year fixed-rate: 5.776% APR
- 7-year ARM: 6.607% APR
- 5-year ARM: 6.597% APR
- 30-year fixed-rate FHA: 5.375% APR
- 15-year fixed-rate home equity loan: 8.375% APR (under 80% CLTV)
- 10- year variable rate HELOC: 8.625% (under 80% CLTV)
The Georgia Association of Mortgage Brokers posted a legislative summary on February 2, 2006, regarding a bill introduced by Senator Don Balfour, co-signed by Senator Renee Untermann and sponsored by Senator David Shafer, a member of the Senate Banking Committee.
This proposed bill seeks to exempt anyone licensed under the mortgage broker and mortgage lender state licensing statute working for a subsidiary of a financial or bank holding company, provided the company has given the Department of Banking and Finance an undertaking of accountability on behalf of its exclusive agents. The Georgia Mortgage Brokers Association opposes any action exempting individuals from licensing requirements that mortgage brokers must meet.
GAMB is against SB505 legislation as it allows individuals currently licensed as mortgage brokers to be exempt from licensing, including background checks and continuing education requirements.
GAMB suggests contacting the sponsors of the Senate bill and other members of the Senate Banking Committee to express opposition to Senate Bill 505. While direct communication with the Senators may not always be possible, their offices keep records of individuals calling about legislation.
Important Factors to Consider:
This Senate bill grants an exemption from license requirements to any agent working for a subsidiary of a financial company, which is normally required by the Georgia Department of Banking & Finance.
This exemption could potentially apply to thousands of individuals currently required to comply with license statutes for originating mortgage loans.
For more information, please visit gamb.org.
Get a new home equity loan or refinance your existing second mortgage while interest rates remain at record lows. Nationwide specializes in second mortgages in Georgia, focusing on consolidating credit card debt and loans with higher interest rates, leading to significant monthly expense reductions. This enables you to retain more money in your pockets rather than paying it to credit card companies.
These second mortgages are designed to assist individuals with less-than-perfect credit in paying off debts, making home improvements, and, in some cases, obtaining extra cash.