🎉 Mortgages Georgia | Matt Garcia

Choosing the right mortgage plan for your specific needs is a crucial step toward homeownership, and Matt Garcia at Supreme Lending is here to help guide you through the process in Georgia.

• Assess Your Financial Situation: Matt will start by reviewing your credit score, income, savings, and debt-to-income ratio to determine which mortgage products are available and suitable for you. This ensures that the mortgage plan aligns with your financial standing.
• Identify Your Homeownership Goals: Whether you are a first-time buyer, refinancing, or investing, Matt will help you identify your specific goals. If you’re looking for predictable payments, a fixed-rate mortgage might be best, while an adjustable-rate mortgage (ARM) offers lower initial payments if you plan to move or refinance in the future.
• Compare Loan Products: Supreme Lending offers a variety of mortgage products, including FHA, VA, conventional, and jumbo loans. FHA loans are ideal for those with smaller down payments, while jumbo loans cater to high-value properties. Matt will help you compare these options to find the loan that best fits your needs.
• Select the Right Loan Term: Choosing between a 15-year or 30-year mortgage can greatly affect your monthly payments and total interest. A 15-year mortgage may have higher monthly payments but saves you money on interest, while a 30-year mortgage offers lower monthly payments. Matt will help you choose the right option for your budget and financial goals.
• Account for Additional Costs: Besides your mortgage payments, additional expenses like property taxes, homeowner’s insurance, and possibly private mortgage insurance (PMI) must be considered. Matt will ensure you are fully prepared for all costs associated with homeownership.

For personalized advice on selecting the best mortgage plan for your needs in Georgia, contact Matt Garcia at (678) 523-0981.

Improving your credit score is key to getting the best mortgage terms, and Matt Garcia at Supreme Lending can help you navigate this process to maximize your score before applying for a mortgage in Georgia.

1. Review Your Credit Report
   Start by obtaining and reviewing your credit report from the three major credit bureaus—Equifax, Experian, and TransUnion. Matt will help you check for inaccuracies and guide you in disputing any errors.
2. Dispute Credit Report Errors
   Any inaccuracies in your credit report could negatively affect your score. Matt will assist you in disputing errors to ensure your report accurately reflects your financial situation.
3. Pay Down Debt
   Reducing your outstanding debt is one of the most effective ways to improve your credit score. Lenders focus on your credit utilization ratio—the percentage of credit you’re using compared to your available limit. Keeping this ratio below 30% can significantly boost your score. Matt can help you create a debt repayment plan to improve your score.
4. Avoid New Credit Applications
   Applying for new credit before applying for a mortgage can temporarily lower your score. Matt advises avoiding any new credit inquiries in the months leading up to your mortgage application.
5. Make Timely Payments
   Your payment history plays a significant role in determining your credit score. Ensure that all your bills, including credit cards, loans, and utilities, are paid on time. Matt can help you set up automatic payments or reminders to maintain a strong payment history.
6. Resolve Negative Items on Your Credit Report
   If there are negative marks on your credit report, such as late payments or collections, it’s essential to address them. Matt will help you work on resolving these issues to improve your credit score over time.

By following these steps, you can enhance your credit score and qualify for better mortgage terms. For personalized advice, contact Matt Garcia at (678) 523-0981.

Yes, whether you’re refinancing or purchasing a home, Matt Garcia at Supreme Lending is ready to guide you through the mortgage process and help you secure the best solution for your financial situation.

Home Purchase with Matt Garcia at Supreme Lending

• Pre-Qualification and Pre-Approval: The first step to buying a home is getting pre-qualified or pre-approved. Pre-qualification provides an estimate of how much you can afford, while pre-approval is a more detailed financial review that strengthens your offer. Matt will guide you through both steps to ensure you are ready to make a competitive offer.
• Choosing the Right Loan Product: Supreme Lending offers a variety of mortgage options, including FHA, VA, conventional, and jumbo loans. Matt will help you determine which loan product best suits your needs and financial goals.
• Securing a Competitive Interest Rate: Interest rates impact your monthly payments and the overall cost of your loan. Matt will work with you to secure the most competitive rate, ensuring your mortgage is affordable over the long term.
• Personalized Guidance: From application to closing, Matt provides hands-on support to ensure a smooth homebuying process. You’ll receive personalized advice every step of the way to make informed decisions.

Refinancing with Matt Garcia at Supreme Lending

• Lowering Your Interest Rate: Refinancing can help you lower your interest rate, reducing your monthly mortgage payments. Matt will evaluate your current loan terms and help determine if refinancing is a smart choice for you.
• Cash-Out Refinancing: If you’ve built equity in your home, cash-out refinancing allows you to borrow against your home’s value for major expenses like home improvements or debt consolidation. Matt will help you explore whether this option aligns with your financial goals.
• Shorten Your Loan Term: Refinancing can also allow you to shorten your loan term, enabling you to pay off your mortgage sooner while reducing the total interest paid. Matt will help you assess whether shortening your loan term is a good fit for your budget and long-term plans.

For help with refinancing or purchasing a home, contact Matt Garcia at (678) 523-0981 to explore your mortgage options today.

When applying for a mortgage with Matt Garcia at Supreme Lending, having the necessary documents ready will help streamline the process. Here’s what you’ll need:

General Documents Required for Mortgage Applications

• Proof of Income:
  • W-2 Forms: Provide W-2 forms from the last two years to verify your income and employment history.
  • Pay Stubs: Submit your most recent pay stubs, typically covering the last 30 days, to confirm your current earnings.
  • Tax Returns: If you’re self-employed or have additional income sources, you’ll need to provide federal tax returns for the past two years.
• Proof of Identity:
  • Government-Issued ID: A valid photo ID, such as a driver’s license or passport, is required to confirm your identity.
  • Social Security Number: This will be used to pull your credit report and confirm your identity.
• Credit History:
  • Credit Report: Matt will review your credit report to assess your mortgage eligibility.
  • Debt Information: You’ll need to provide details of any outstanding debts, including credit cards, student loans, or auto loans, to calculate your debt-to-income ratio.
• Proof of Assets:
  • Bank Statements: Provide bank statements from the last two months to verify available funds for your down payment and closing costs.
  • Retirement or Investment Account Statements: If you plan to use funds from a 401(k) or investment accounts, you’ll need to provide statements showing the available balances.
• Proof of Employment:
  • Verification of Employment: Matt may need to contact your employer to verify your employment status. If you’re self-employed, additional documentation, such as business licenses or profit and loss statements, may be required.

Loan Program-Specific Documents

Depending on the loan type, additional documents may be required:

• Conventional Loans: Conventional loans often require more comprehensive documentation of income and assets.
• FHA Loans: FHA loans may require additional documentation to prove eligibility, especially for borrowers with lower credit scores.
• VA Loans: Veterans applying for VA loans will need a Certificate of Eligibility (COE) and possibly military discharge papers.
• USDA Loans: USDA loans require documentation proving that the property meets rural development guidelines.

By preparing these documents early, you’ll ensure a smooth mortgage application process with Matt Garcia at Supreme Lending. For more information or to begin your application, contact Matt at (678) 523-0981.