Unlock your home’s equity.

At Atlantic Bay Mortgage Group we feel that the relationship is just beginning when you purchase a home. The genuine care and consultation of our clients is our highest mission and we want to be your Mortgage Consultant for Life.

Right now you could be paying hundreds or even thousands of extra dollars in interest every single year with your current mortgage. With this hard-earned money you could be building additional equity in your home, growing your personal savings or taking a well deserved vacation. We make the process of lowering your interest rate as easy as 1, 2, 3. Our mortgage bankers will walk you through the entire process and keep you informed every step of the way.

Along with just lowering your interest rate, it may make sense to look at using the equity in your home to pay off high interest credit cards, remodel/update your home, diversify your investments or purchase an investment property. With just a few minutes of your time our qualified mortgage bankers would be glad to look at your current situation and advise you on how your mortgage can work to help you accomplish your goals.

Our team of mortgage bankers wants to make sure that you do not miss out on any savings opportunities. We will monitor your loan daily against current rates and conditions and notify you if you can benefit from refinancing your home loan. We will also contact you annually for a mortgage “check up” to see if your loan is still meeting your current and future financial goals.

Whether you are looking to refinance now or have questions about if this is the right time, our team is here for you. Contact us today for a free mortgage analysis of your current situation.

We support our Active Duty, Reservist and Retired Service Borrowers!

Because of your honorable service to our country, Atlantic Bay Mortgage Group and the Department of Veterans affairs wants to help you purchase or refinance your home with a VA-Guaranteed Home Loan.

The main purpose of the VA home loan program is to help veterans finance the purchase or refinance of a home with favorable loan terms and at an interest rate which is usually lower than the rate charged on other types of mortgage loans. For VA loans the term “Veteran” includes certain members of the Selected Reserve, active duty service personnel and certain categories of spouses.

One of the great benefits of purchasing a home with a VA home loan is that you can receive 100% financing (zero down payment), no monthly mortgage insurance and competitive interest rates. Borrowers have the option to receive closing cost assistance from home sellers to pay all closing costs and even some consumer debt. These loans also have no prepayment penalty, flexible qualifying guidelines and are more lenient on credit scores.

The VA home loan allows eligible borrowers to refinance their current VA home loan and lower their rate with no qualification of credit, income or assets, no appraisal of value on the home and limited paperwork. Borrowers may also be eligible to take cash out of a property ­up to 90% of the value, with full qualifications.

Even if you have purchased a home before with a VA home loan or you currently own a home with a VA home loan on it, you may be eligible to buy another primary residence using a VA home loan.

Another great feature of a VA home loan is that the maximum loan amount with no down payment is $417,000 (some exceptions may apply depending upon the location of the home). Loan amounts can exceed $417,000, upwards to over $1 million, with a down payment on the property. Contact an Atlantic Bay Mortgage Banker for more information on VA home loans and a free pre-qualification on how much you could borrow for a new home.