Home Page
If you’re reading this, chances are you are either looking for a loan , potentially purchasing a Bank owned home or looking at Short sale property for sale or maybe considering the option of conducting a Short sale on your own home . Well, you’ve come to the right place. Here at Southern Horizon Financial Group our focus is on getting you the right home loan or Property and the right terms to fit your situation. House Purchases and Mortgages are a big commitment and you need an experienced professional guiding you through the process, and answering your questions so that you’ll know with confidence that you made the right choice. The team in place at Southern Horizon Financial Group and its partner Wendy Morris Realty are experts with a proven track record in these fields
What does our commitment to personal service mean to you ? It means that we focus on you and your goals. We make loans only when there is a clear benefit to you. Anyone can line up a great looking rate for you but we take the time to show you all the other "gotchas" that can overshadow any teaser rate. Even if you only use us as a reference or resource for your Florida or Georgia mortgage financing needs, we will create an outstanding lending idea for you. We aim to improve the overall picture of your financial situation.
Not sure if you can afford your dream house? We have many flexible loan
programs that can put you into your new home easier than you might expect. Is the down payment a stumbling block? We work with several investors who can provide financing for mortgages and home loans up to 100% of the contract price. And, some of our programs not only don’t require a down payment, but cover some of your closing costs as well.
Have questions about your credit ? We can help you understand the effects of your past credit while showing you how to strengthen your present and future. We have provided good and bad credit home loans to thousands of happy clients. Our network of mortgage wholesalers enables us to find you a lender who is most understanding of your situation. Have great credit? Our lenders reward your good credit with great rates too. How ? Not only are we able to broker your Florida mortgage or Georgia mortgage to the investor with the lowest total overall cost to you, but we are a Lender too. This means actual BELOW WHOLESALE rates for the clients who qualify.
Most any situation. Whether you are looking for a new mortgage, wanting to refinance or just interested in tapping into your current home equity, we can help you. Call us now at 1.866.348.1544 or Contact Us online. We’ll show you how quick and easy it is to get started. And, WE WILL TREAT YOUR LOAN AS IF IT WERE OUR OWN.
WE ARE A HUD APPROVED LENDER WITH THE ABILITY TO DO FHA BUSINESS IN GEORGIA, ALABAMA, FLORIDA, TENNESEE, NORTH CAROLINA, AND SOUTH CAROLINA........
Let us show you how you can purchase a home utilizing an FHA program with no money down, using our Down Payment Assistance Partner programs.
Already have an FHA loan??? Is the rate above 6%??? Have any bills or debts to consolidate??? Any home improvement ideas in the works??? YOU CAN NOW GET CASH OUT AT 95% OF YOUR HOMES EQUITY
The process of getting a mortgage is not only mentally taxing but can be very emotional as well. You want to cover all your bases but you’re committing to a property and a loan that you have to live with for some time. We are here to make your journey easier. You are welcome to learn at your
convenience from all of our online reading materials but don’t forget that we are available to answer any question that you have about your mortgage search. You can reach us anytime at Contact Us.
We’ve put together this collection of online articles to help explain everything from the basics to some interesting and advanced topics.
The Anatomy of a Mortgage
A mortgage payment consists of PITI
P – Principal - The original amount of the money borrowed from a lender.
I – Interest - A fee charged for borrowing money.
T – Taxes - Property taxes paid to your local government.
I – Insurance – Home owners insurance on your property.
Mortgages Choices
Fixed – Fixed mortgages have a fixed term (like 15 or 30 years) and a fixed interest rate. The interest rate and term are fixed over the course of the 
mortgage and your monthly payment for the payment of principal and interest will not change during the term of the mortgage. Taxes and insurance can change so this may affect your total payment during the life of your loan.
Adjustable – An ARM (Adjustable Rate Mortgage) has an interest rate that will be adjusted up or down according to current interest rate levels. The monthly amount for your principal and interest payment will go up or down based on these interest rate changes.
The Down Payment
Many people believe that they need to put down 10 percent or even 20 percent for their down payment and that’s no longer true. There are many lenders that have loan programs that require 5 percent or less, including zero down. Way back when, the only zero down loans were from the Veterans Administration but fortunately those days are gone. If you think that you have to pay rent until you save up a 10 or 20 percent down payment, check with us. You’ll be pleasantly surprised.
Prequalification
You will want to get pre-qualified during your mortgage search. Prequalification isn’t binding but rather it gives you a ballpark idea of what you can afford. The lender analyzes your income, debt and credit history to estimate your maximum loan amount. Combine that with the money you have for a down payment and you have your maximum home price.
The next step is preapproval which verifies your income, debt and credit. Preapproval gives you the following benefits:
- Knowing exactly what you can borrow. You will have an accurate commitment from your lender for the amount you can borrow.
- Credit problem solving. You will know now, instead of while your offer is being evaluated by the buyer if you have any credit issues to be dealt with.
- Stronger negotiating position. Sellers love preapproved buyers. They know your offer will not fall through and will treat you like the proverbial bird in the hand. This can help you negotiate a better price.
GA Lender License #20163
FL Correspondent License #510913
Once you have obtained your loan through our Mortgage Division we can assist you with finding that Luxury Home , Condo , Townhome or vacant land through our Real Estate Division ( Wendy Morris Realty ) Located in the Town of Windermere Florida Wendy Morris Realty has a tremendous success record in Residential sales . With homes listed from as little as $25k to a staggerring $20m we have a property to suit all budgets
.
From this site you are able to search the entire Florida MLS For an example of our Luxury Homes for sale CLICK HERE
You Can Search our Short Sale Listings HERE
You Can Search our Bank Owned Property HERE
