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MyLendingPal

Georgia Mortgage Brokers

  • About
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    • Our Process
  • Home Loans
    • Conventional
    • FHA
    • First Time Home Buyers
    • VA
  • Refinancing
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    • Are You Ready To Buy?
    • Finding The Right Home
    • How To Find An Agent
    • How To Get Pre-Approved
    • How To Make An Offer
  • Calculators
    • Balance
    • Conventional Loan
    • FHA Loan
    • VA Loan
  • 833.379.0797
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Home Loans

Home sitting on paperworkMortgages come in many shapes and sizes. Which one is right for you? Every mortgage has three key elements: The loan type, a rate, and a term. By knowing how these elements work together, you will be able to pick out the best mortgage for your situation.

Available Home Loans

Whether you are buying a home for the first time or buying your sixth house, we have home loans to fit all needs and situations.

Conventional Loans

Conventional loans are the go to option. They may be a little harder to qualify for versus an FHA loan but they typically end up being cheaper in the long run. You can avoid paying private mortgage insurance with down payments greater than 20%.

View Conventional Loan

FHA Loans

FHA or “Federal Housing Administration” is a government administered loan that is easy to qualify for. They require low down payments and allow lower credit scores, but are generally more expensive to own over long periods of time. This is because they feature a funding fee as well as increased mortgage insurance requirements to protect the lender from default.

View FHA Loan

First Time Home Buyers Loans

First time home buyer signing papersBuying a home for the first time can feel like a daunting task. Fortunately, those navigating the home buying process for the first time can apply for a first time home buyers loan. Unlike conventional loans, first time home buyers loans require allow home buyers to put down a small down payment, sometimes no down payment is required at all.

View First Time Home Buyers Loan

VA Loans

VA Loans are exclusive to veterans, eligible surviving spouses, and active-duty service members. VA loans offer these groups the option to buy homes with no down payment and no private mortgage insurance. Furthermore, the rates offered to VA eligible borrowers are much better than conventional interest rates.

View VA Loan

Will You Help Explain Each Option To Me In More Depth?

Yes! We often find that people can get confused when deciding on which option is best. We will do our best to give you the information you need so you can make the right decision.

Rate Types

There are two types of mortgage rates, and they are fixed rates and adjustable rates. Fixed Rates stay the same for the life of the loan. Your month to month mortgage payment will always stay the same. Adjustable rates are fixed for a certain period of time (usually 3, 5, 7 or 10 years) and then adjust up or down once per year according to market conditions.

Benefits Of Fixed Rates

  • Fixed rates will stay the same for the life of the loan.
  • You can easily keep track of future payments and housing expenses, these will never change.
  • If interest rates go up, yours will stay the same.

Benefits Of Adjustable Rates

  • They are usually lower than fixed rates initially.
  • If rates go down, your rate will adjust downwards as well.
  • Great if you plan on moving or refinancing after the initial fixed period ends.

Reach Out To Experienced Georgia Mortgage Brokers

People signing for a home loanBefore deciding on which home loan to choose, reach out to the experienced Georgia mortgage brokers at MyLendingPal who can provide insights and learn more about your needs to properly choose your home loan. For more information or to get in touch with a mortgage broker, give us a call at 833.379.0797 or contact us online.

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Calculators

  • Mortgage Balance
  • Conventional Loans
  • FHA Loans
  • VA Loans

States We Serve

  • Florida
  • Georgia
Contact
833.379.0797
Email
info@mylendingpal.com
Address
5400 Laurel Springs Parkway, Suite 304 Suwanee, GA 30024

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Home Loans

  • Conventional
  • FHA
  • First Time Home Buyers
  • VA

Calculators

  • Mortgage Balance
  • Conventional Loans
  • FHA Loans
  • VA Loans

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Equal Housing Lender Logo
MyLendingPal, Inc, NMLS ID #1734346, (www.nmlsconsumeraccess.org); Corporate Office: 5400 Laurel Springs Parkway, Suite 304, Suwanee, GA 30024. Georgia Residential Mortgage Licensee #61544. Principal Loan Originator: Ricky Merchant, NMLS ID: 1517056. Georgia License # 54264. For questions regarding state licensing, please contact (404) 433-8918. Not all products and options are available in all states. Terms are subject to change without notice. Any rates or terms are speculative only and can change without notice.
Google Rating
5.0
MyLendingPal, Inc
MyLendingPal, Inc
5.0
Balachandar Sundaresan
Balachandar Sundaresan
17:30 23 Jun 20
Roger Merchant and his team were very helpful, right from getting a great rate to completing all process on time and being super responsive. Would happily recommend him!!
Dinesh Nair
Dinesh Nair
14:41 30 Jan 20
I would definitely recommend MyLending Pal for all mortgage needs. It all started with a great competitive quote on refinance and excellent service continuing all the way until closing. Priti, Ricky and Roger were a pleasure to work with.
Ramesh Kumar
Ramesh Kumar
02:03 17 Dec 19
I would really recommend Nations First Home Mortgage, if you are looking for the best home mortgage options. I was very much glad to work with this team and they have saved lot of time and money!!
gulshan rai
gulshan rai
03:21 17 Apr 19
I would highly recommend Mr Roger to anyone in the area looking for an amazing lender. He made the mortgage process so easy and effortless. I could tell him and his team were very attentive to all the details that came with applying for a mortgage and were quick to remind me of any deadlines that were approaching.It was super easy to work with Mr Roger.My special thanks to preeti who did an amazing job to get things done in the timely manner. If I had any questions, it was almost like she was waiting at her desk for my phone call to answer the questions immediately. The loans closed on time and without a glitch. I would highly recommend them to anyone
Ajith Nair
Ajith Nair
01:50 13 May 19
We highly recommend Roger for financing mortgage. Roger and his team were excellent through out the process and we had a very smooth purchase. They were always available when we had any questions. It was an amazing experience working with Roger and his team.
Pratul Patwari
Pratul Patwari
13:03 20 Jul 20
Roger Merchant and Priti Vin helped us in buying our first home. They understood our needs and took care of everything for us. They were very good with the communication through the process. They will always be my first choice in future for the mortgage services.
Sujatha Hariharan
Sujatha Hariharan
20:51 26 Jul 20
They were able to find me great rates. Service was quick and communication prompt. The loan process can be daunting as is the document gathering process but this was the easiest and quickest that I have experienced. Highly recommend!
Dinesh Nair
Dinesh Nair
15:53 30 Jul 20
I would definitely recommend MyLending Pal for all mortgage needs. It all started with a great competitive quote on refinance and excellent service continuing all the way until closing. Priti, Ricky and Roger were a pleasure to work with.
Manu Pushpanath
Manu Pushpanath
15:59 29 Jul 20
Great lender to work with. Right from document collection till closing they did it in 2weeks. The fastest closing I heard and get to experience myself. One improvement I suggest is it will be good if the closing attorney can come into the house for completing the closing. Considering current situation it will add a lot of value to the reputation. Thanks Milan and team for a good closing experience.
Sakthi S
Sakthi S
20:46 01 Sep 20
Would definitely recommend Roger and his team.Refinanced for the second time and with roger, I didn’t feel like I refinanced.The process was very smooth and fast.The rates were very competitive and it was amazingworking with Roger and his team.I’d recommend him for sure.
Sunny Patel
Sunny Patel
21:17 01 Sep 20
They were quick, courteous, and professional. They got me an excellent rate and helped make the process smooth. I would recommend using to my friends and family!
Emmitt Rathore
Emmitt Rathore
14:57 22 Dec 20
Roger helped us find an unbeatable rate!His decades of work in the industry made it easy for us to complete many processes with the lender, and helped us close on time!I will definitely be passing the good word around and recommending family and friends to him.I look forward to our next real estate transaction with them.
M Alamoti
M Alamoti
01:02 11 Jan 21
I had the experience of using their service. They know what they are doing. They are very honest, professional and caring. I have no doubt and hesitation to recommend them to anyone who is looking to purchase a home. I am very pleased for their service.
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