As of November 3, 2009 Georgia will be removed from the “declining market list” of my largest investor and I will be able to offer a combined loan to value on purchases up to 85%.
That means that I can go up to 85% with subordinate financing, which may be a line of credit or a second mortgage. Any combination of a first and second mortgage can be used to make up the 85% combined loan to value.
Any questions or scenarios, please contact me to discuss more fully.
HomeWorks Mortgage Corp
4360 Georgetown Square, Suite 809
Atlanta, Georgia 30338
PH: 770.455.3011 ext 224