Atlantic Home Loans is a large company that offers many kinds of financial products, including home loans. Their loan options include fixed rates, adjustable rates, hybrid adjustable rates, jumbo mortgages, FHA loans, VA loans, USDA loans, down payment loans, renovation and construction loans, vacation home mortgages and investment buyers. That last category includes a broad range of potential clients. Each has its own characteristics but they are all subject to evaluation in relation to your own financial situation. In fact, Atlantic organize the information on their website by the type of buyer as opposed to the type of financial products they are selling.
Relevant Factors for Assessing Your Loan Potential
When a lender makes a decision about a mortgage application, they consider many basic factors: all based on your ability to repay the loan. To ensure your loan is truly affordable, a lender will verify your employment and income. Your monthly Debt to Income ratio – your total income, minus monthly credit payments and other debts — will also be considered. A lot of the factors that the company has anticipated are answered in the Learning Center section of their website, along with a blog and some redecorating advice. There are articles and tables as well as step by step calculators that will walk clients through the process of applying for the loan, but it really doesn’t meet the industry standard for efficiency in the application process.
Credible and Reliable Endorsements
Atlantic claims that focusing on mortgage banking has allowed them to offer their clients the most attractive mortgage products available in the marketplace. They defend their credibility as a financial institution because they are government endorsed FHA lenders and Fannie Mae direct seller. They also point to their established mortgage banking relationships with America’s leading financial powerhouses, and some of their community’s first class savings banks.