5 out of 5 stars
I had been told no by two banks. Carmen mapped out nine months of work, checked in every quarter, and I closed on a house in Conley Hills with under $2,400 out of pocket.
Tamika Ellison
Fulton County
Buying and refinancing in East Point
Where our down payment assistance work is busiest, and where we close the most first purchases.
$295,000 median0% to 3.5% after assistance typical down
What is different about East Point
East Point is the heart of our first-time buyer practice. Prices still sit below the metro median, the Marta line runs through it, and the housing stock rewards buyers willing to do some work.
Almost every file here involves assistance funds. Georgia Dream, Invest Atlanta programs and county-level grants all reach this area, and stacking them correctly is the difference between $2,000 and $12,000 at closing.
We also spend time here on appraisal advocacy. Values have moved quickly and some appraisers still reach for older comparable sales. When a valuation comes in low we file a reconsideration with our own comps rather than telling you to eat the difference.
Neighborhoods we work in here
Not an exhaustive list, just the ones that come up most weeks.
Historic College TownConley HillsJefferson ParkFrog HollowEgan ParkSemmes Park
Programs that work well in East Point
- FHA loanInsured by the Federal Housing Administration. Built for buyers whose credit is still recovering.3.5% down580 scoreProgram details
- First-time buyer programOur bundled path: a low-down-payment first mortgage plus the Georgia assistance funds you qualify for.As low as $0 out of pocket with assistance down620 for most assistance programs scoreProgram details
- Conventional loanThe workhorse loan for buyers with steady income and reasonable credit. Down payments start at 3%.3% (5% for a second home) down620 scoreProgram details
Answers
East Point questions
Yes. Mid-century single family and small bungalows dominates here, and we finance single family, townhome, condo and two to four unit properties. Condos need a project review, which we order at no cost to you the day you go under contract.
26 days with layered assistance liens. The variable is almost always the appraiser's calendar, which is why we order the appraisal the day your contract is ratified rather than after the disclosures come back signed.
Education certificates expiring before closing. We raise it early so it is a planning item rather than a week-two emergency.
Our office is on Peachtree Circle in Midtown, and we take video calls for everything that does not need a signature. For East Point clients who would rather meet in person, we come to you.
Nearby communities
Midtown AtlantaCondos, lofts and the occasional Ansley bungalow. Our home office sits on Peachtree Circle.Neighborhood guide
DecaturBungalows, a walkable square and school-district pricing that moves fast.Neighborhood guide
MariettaCobb County's range, from the historic square to the newer subdivisions off Barrett Parkway.Neighborhood guide
Magnolia Lending Group
Looking in East Point?
Send us a listing address and we will come back with the programs that fit it and what your payment would actually be.
Free consultation. Sample rates and assistance amounts shown on this site are illustrations, not offers.