Brandon Park Team

MORTGAGE TERM MONDAY Principal and Interest The principal and interest payment on a mortgage is the main component of your monthly mortgage payment. The principal is the amount you borrowed and have to pay back, and interest is what the lender charges for lending you the money. To break it down even more:... Principal + interest + mortgage insurance (if applicable) + escrow (homeowners insurance and tax) = TOTAL monthly payment *disclaimer* If you live in a condo, co-op or neighborhood with an HOA - you will likely have additional fees that are normally paid separately.

In 2020, we were blessed with a HUGE year of growth for Cornerstone Mortgage Group as a whole! We are all extremely thankful for the continued support and encouragement from our incredible clients, realtors and partners. We couldn't have done it without you!

MORTGAGE TERM MONDAYWhat is Private Mortgage Insurance (PMI)? . . When a borrower makes a down payment of less than 20% of the purchase price, the LTV (loan to value) will be above 80% and will require PMI. ** the higher the LTV the higher the risk profile for the lender**... . . Private Mortgage Insurance makes it possible for some people to become homeowners sooner by allowing for smaller down payments. However, doing so does come with additional monthly costs. PMI must be paid until the borrower has accumulated enough equity in the home that the lender no longer considers them high risk. . . Need more info? Text us at 678-578-7612 See more

MORTGAGE TERM MONDAY . . Underwriting is the process of evaluating a loan application to determine the risk involved for the lender. Underwriting involves an analysis of the borrower’s creditworthiness and the quality of the property itself.

Happy Thanksgiving! We are grateful for all of our clients and business partners!

Thankful for our {NEW + growing} team .. and for @haydenemilyko charcuterie boards! We had a great time celebrating (at a distance) with the Cornerstone Mortgage Group staff yesterday. ‘Tis the season to be thankful. . . . .... #gangsallhere #brandonparkmortgageteam #cornerstonemortgagegroup #loanofficer #mortgage #mortgagebroker #atlanta #atlantarealestate #alpharettarealestate #firsttimehomebuyer #refinance See more

Friday’s are for field trips! We can’t wait for the new Cornerstone Mortgage Group office to be done! It’s going to be STUNNING! Swipe for a sneak peak! . . . .... . #atlantarealestate #alpharetta #alpharettarrealestate #loanofficer #alpharettaloanofficer #newkidsontheblock #brandonparkteam #mortgage See more

To all veterans of all branches Thank you for your sacrifice, your bravery, and the example you set for us all. Happy Veterans Day! . . . #veterans #veteransday #service #america #americandream #realestate #atlanta... #atlantarealestate #loanofficer #mortgage See more

We waited. We voted. Happy Election Day! . . .... . #2020election #mortgage #loanofficer #atlantarealestate #atlanta #georgia #cornerstonemortgagegroup #homeloan #firsttimehomebuyer #incomeproperty #investinginrealestate #investinyourself #lowrates #homepurchase #refinancemortgage See more