Macon Georgia home loan financing no matter what your credit status is. We understand how it feels to be shunned or denied because of credit problems. That's why we have Bad Credit experts standing by to help. We have mortgage lenders available to help you accomplish your financial goals for the future. If you're looking to buy a new home in Macon, refinance your current mortgage, or looking for information about other mortgage options, fill out our quick form and a Macon, Georgia lender will get in touch with you in no time at all.
Mortgage Refinancing in Macon, Georgia.
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Balloon Mortgage When credit is advanced by note or contract and payment is required in regular equal installments and the note or contract will mature before the note or contract is paid in full, a payment which may be larger than the regular payment will fall due.
Debt Consolidation Loan A type of loan that allows the borrower to payoff all or a portion of existing debt (including the existing mortgage loan) from loan proceeds.
Graduated Payment Mortgage (GPM) A type of flexible-payment mortgage where the payments increase for a specified period of time and then level off. This type of mortgage has negative amortization built into it.
Shared Appreciation Mortgage (SAM) A mortgage in which a borrower receives a below-market interest rate in return for which the lender (or another investor such as a family member or other partner) receives a portion of the future appreciation in the value of the property. May also apply to mortgage where the borrowers shares the monthly principal and interest payments with another party in exchange for part of the appreciation.
