Atlanta

Home Mortgage

The Current Lender Offering The Lowest Interest Rates On Atlanta Home Mortgages.

Searching for a Atlanta home mortgage? Concerned about the lending climate in this period of real estate and subprime chaos? If so, we can help. While getting approved for a Atlanta home mortgage is not as easy as it was two years ago, it is not as difficult as all the doom and gloom stories in the media portray it to be.

Best Lender For Atlanta Home Mortgages

When looking for a Atlanta home mortgage lender, it is important to find a lender that not only offers the lowest rates, but also has not significantly tightened lending standards to the degree that only a very small percentage of applicants will qualify. Holding first place on our list of Atlanta home mortgage lenders right now is ING DIRECT Atlanta Home Mortgage. They have the lowest rates, a free and easy online application, and they have not been severely hurt by the subprime mortgage crisis.  They are still approving the majority of applications for Atlanta home mortgages. Besides offering the lowest rates and highest ratio of approved loans, in most instances they will approve your online application in under 3 minutes. No other lender offering Atlanta home mortgages will approve applications in such a rapid manner.

Atlanta , GA Statistics & Related Info

Atlanta Information

Atlanta is the capital and the most populous city in the state of Georgia, and the core city of the ninth most populous metropolitan area in the United States at 5,278,904. It is the county seat of Fulton County, although a small portion of the city extends into DeKalb County. As of July 2007, the city of Atlanta had a population of 519,145, and a combined statistical area population of 5,626,400. Despite its large metropolitan population, Atlanta ranks as the 33rd-largest city in the United States, and the sixth-largest city in the southeastern region, behind Jacksonville, Memphis, Charlotte, Louisville, and Nashville.

This popularity of Atlanta was one of the contributing factors to driving up the price of Atlanta real estate in the past decade. While prices have fallen some, homes in Atlanta are still quite pricey. The Housing Bill passed by Congress and signed into law by the President in the summer of 2008 granted the authority to Fannie Mae and Freddie Mac to buy pricier mortgages, up to $625,000, which would make stable Atlanta home mortgages readily available to buyers in a more expensive market like the suburbs of Atlanta.

One of seven American cities classified as Gamma world cities, Atlanta ranks third in the number of Fortune 500 companies headquartered within city boundaries, behind New York City and Houston. Several major national and international companies are headquartered in Atlanta or its nearby suburbs, including three Fortune 100 companies: The Coca-Cola Company, Home Depot, and United Parcel Service in adjacent Sandy Springs. The headquarters of AT&T Mobility (formerly Cingular Wireless), the largest mobile phone service provider in the United States, can be found a short distance inside the Perimeter beside Georgia State Route 400. Newell Rubbermaid is one of the most recent companies to relocate to the metro area; in October 2006, it announced plans to move its headquarters to Sandy Springs. Other headquarters for some major companies in Atlanta and around the metro area include Arby's, Chick-Fil-A, Earthlink, Equifax, Georgia-Pacific, Oxford Industries, Southern Company, SunTrust Banks, and Waffle House. Over 75% of the Fortune 1000 companies have a presence in the Atlanta area, and the region hosts offices of about 1,250 multinational corporations. Of course these factors along with many others contribute to the popularity of Atlanta real estate, which in turn, creates a very large demand for Atlanta home mortgages.

Atlanta has a sizable financial sector. SunTrust Banks, the seventh largest bank by asset holdings in the United States, has its home office on Peachtree Street in downtown. The Federal Reserve System has a district headquarters in Atlanta; the Federal Reserve Bank of Atlanta, which oversees much of the deep South, relocated from downtown to midtown in 2001. Wachovia announced plans in August 2006 to place its new credit-card division in Atlanta, and city, state and civic leaders harbor long-term hopes of having the city serve as the home of the secretariat of a future Free Trade Area of the Americas. This economic vibrancy translates into a high degree of availability of funds for Atlanta home mortgages.