678-778-2921 derek@mortgageright.com

Alpharetta, Georgia

Mortgages Done the RIGHT Way!

Buy or Rent. What is best for you?

Jack-Buy

Savings

Long-term monthly house payments can be less than you pay for rent.

Tax Benefits

You can deduct property taxes and the interest on your mortgage payments.

Appreciation

Even modest (local driven) appreciation can change the long-term value of buying considerably.

Stability

Paying down on your loan while property values go up builds equity and adds to your net worth.

Community

Being part of a neighborhood helps build a strong social network.

Freedom

Without a landlord, you make all the decisions, from paint colors, pets, visitors and children.

Career Uncertainty

When your career is not stable, your job is temporary or you are considering a job change.

Income Uncertainty

Possible job lay off or pay cut that can affect the ability to meet mortgage payments.

New Location / Relocation

Renting allows you more flexibility, offers mobility and more time to search for the right home.

No Maintenance

Renting generally requires no maintenance, repair bills or yard work.

Amenities

Renting may include amenities such as a pool or fitness center that may be unavailable when buying.

Bad Credit

If you currently have bad credit, renting gives you the opportunity to work on cleaning it up prior to applying for a mortgage loan.

Jack-Rent-2

Mortgage Calculator

Loan Process

1.

Get Pre-Approved

This is the time to get in the know. A pre-approval will give you an advantage when you find your perfect home. We can tell you what you need to get pre-approved, so you know the exact loan amount you qualify for, what your monthly payment will look like, and how much taxes and insurance will be. With a pre-approval, the loan process will be smoother and your offer will be stronger.

2.

Choose a Loan Program

Fixed rate? Adjustable? FHA? There are multiple loan options that may fit your unique needs, and we can help you choose. Are you looking for the consistent rates and payments that a fixed rate loan can provide? Do you want the short-term benefits of lower rates that an adjustable rate loan can bring? Our extensive portfolio of loan options means you have more options available to get just what you need.

3.

Loan Application

Your application will provide a complete picture to loan investors of your assets, debts and what you are buying. You will need to provide documentation, including a photo I.D., pay stubs, proof of income, tax returns, employment history, and information on all debts, assets, and sources for down payments. Don't worry, we will let you know exactly what is needed for the loan application so you can be fully prepared.

4.

Processing & Underwriting

Your loan has specific investor guidelines that must be met, and an underwriter will review your documents to be sure that you meet them. While an underwriter reviews your file, an appraisal will be ordered on the home. Additional information may be requested, so don’t panic if you have to turn in more documents. That’s just the underwriter working hard to get your final approval.

5.

Loan Approval

Before your loan is approved, you will receive pre-approval and a list of closing conditions that need to be met. These conditions can include verification that your employer is current and proof that homeowner’s insurance has been obtained. Once closing conditions have been satisfied, the underwriter issues a clear to close. Congratulations, your loan has been approved!

6.

Loan Closing

With an approved loan, you are on the home-stretch towards closing. The lender will send closing documents to a title company that draws up paperwork and arranges for signing of documents. Once the documents have been signed and funding conditions have been met, the title is recorded and the process is complete. You are a proud owner of your new home, and the keys are yours!

About Us

work pic
  • MortgageRight - Alpharetta, GA
  • Branch Manager, Derek White
  • Derek@MortgageRight.com
  • NMLS ID# 1767928
  • 12600 Deerfield Parkway, Suite 100
    Alpharetta, GA 30004
  • P: 678.778.2921
  • MortgageRight - Corporate
  • 1 Perimeter Park South, Suite 230 South
  • Birmingham, AL 35243
  • contact@MortgageRight.com
  • 205.776.8401
  • MortgageRight - Compliance
  • 1 Perimeter Park South, Suite 230 South
  • Birmingham, AL 35243
  • jorge@MortgageRight.com
  • 205.776.8401

What Our Clients Are Saying

"We had some issues in the past with credit and a foreclosure. After 7 years of rebuilding, we had a great opportunity to buy. We were dealing with another lender but it was awful. Thankfully a friend told us about Mortgage Right and they were wonderful! They got the job done after we had been told it would be almost impossible. They got it done quickly! They are extremely professional and will not waste anyone’s time. They made our house buying process smoother! We highly recommend MortgageRight!"

Katti S

"The MortgageRight team worked extremely hard on my behalf. They walked me through the process and kept my best interests in mind! I will most certainly use them again on my next purchase."

William F

"Communication is key, and the MortgageRight team provided the keys. They kept me up to date on my client's loan status and additional requirements. Truly a great team in getting the job done!"

Al P.

More than a mortgage. Always.