American Wholesale Mortgage, Inc.

10/20/2025

To all my realtor friends: Please be aware- Assumable Mortgages still keep your seller's at risk. If the person assuming the loan ever forecloses on the home, your seller (no matter how far in the future) ALSO gets hit with the foreclosure UNLESS you get a FORMAL RELEASE OF LIABILITY from the LENDER.

10/01/2025

Today I’m sharing an important housing market update from my preferred mortgage partner. We’re breaking down what’s really happening with interest rates, clo...

06/15/2025

What a blessing to be able to help someone into a home and they don’t have to put anything down and an amazing Realtor partner getting the home under contract!!

06/09/2025

https://voyageatl.com/interview/hidden-gems-meet-joshua-egnoski-of-american-wholesale-mortgage-inc

Today we’d like to introduce you to Joshua Egnoski. Joshua, we appreciate you taking the time to share your story with us today. Where does your story begin? In 2007 I started working in the mortgage industry for the largest mortgage company in America at that time, Countrywide Home Loans. Within ...

04/11/2025

Did you or your client ever say: I have good credit, good income... BUT, I've had a hard time saving money because of (fill in the blank)... you no longer have to sit on the sidelines trying to save your down payment! A 660 credit score with AUS Approved findings is what I need for a 100% FHA purchase... but what does that mean? What's the MAX loan amount for me in the county I want to buy?

$688,850- IN Gwinnett, Barrow, Fulton, Cobb, Cherokee, Forsyth, Dawson, Cobb, Dekalb, Pickens

$603,750- IN Clarke, Oconee, Madison

$524,255- IN Monroe, Jackson, Hall, Banks, Putnam

Call US TODAY and get your pre-approval with $0.00 down!
(ask US about other counties not listed here) We serve VA, NC and GA!

03/19/2025

03/06/2025

Key Requirements for Accurate FHA Appraisals

• FHA Appraisal Requirements: In a stable market, FHA requires a minimum of 4 comps, with at least 3 being recent sales within the last 6 months.

• Comp Mix for Stable Markets: The first 3 comps should be the most recent sales, with the remaining comps potentially including listings, sales within the last 6-12 months, or older sales (over 12 months) if necessary.

• Increasing/Declining Markets: In markets with fluctuating prices, FHA requires at least 5 comps—3 recent sales within 90 days, plus 2 active listings or pending sales.

• Absorption Rate Analysis: For markets showing changes in value, an absorption rate analysis is also required to evaluate the supply and demand for homes.

• Guideline Reference: For more detailed requirements, refer to FHA Handbook 4000.1 II.D.4.

01/29/2025

Realtors: Can we talk about properly positioning your client for their purchase with a mortgage for a second?
1. TRIGGER LEADS- When you first engage with a client, you already know the lender has to look at their credit. STOP! Send them to the link here and have them put their phone number on the "DO NOT CALL" registry. Let's stop having your client's get bombarded with vulture lenders who can't build relationships and are only out to smoke screen your client. https://www.donotcall.gov/register.html
2. PLEASE advise the client that investing in a home isn't the lender's job, it's theirs and that with that investment comes an investment in themselves first and foremost. That pulling their credit isn't just for a look at their scores, but rather a look into their past with a potential of correcting it and giving them a better direction for their future.
3. Costs, the cost of a credit pull was $23 in 2023, $75 in 2024 and now $94+ in 2025. As with everything this burden cannot be avoided. Make sure your client is fully informed so that when they invest in themselves, they are fully aware of how much that investment will be. Remember, you're their first contact, they trusted you enough to sign that BBA, the lender you use will make you look like the rockstar you are.

10/16/2024

What dropped today? THE CURRENT INDUSTRY FIRST 89.99% CONVENTIONAL CASH OUT!! 1 Loan, credit score down to 680, NO PMI... looking to consolidate your debts? Tired of making multiple payments to multiple places? Call me today! Let's fix your cash-flow issues!

09/28/2024

What a blessing to be able to serve this family and work what such an amazing realtor partner again! Jennifer Miller Cowan This was a first time home buyer, who thought owning a home was out of reach. I had them pre-approved and ready to go, Jen went shopping with them and in no time they were under contract, closing costs paid for by the seller, in and out of underwriting in 24 hours, CTC in 8 days and we sat around and waited for closing! The client ONLY brought their downpayment, nothing else. Congratulations to this beautiful family! Thank you Jen for allowing me to work with you and your clients again, I’m looking forward to the next time!

09/25/2024

Breaking News! The Federal Reserve Rate Cuts don't ACTUALLY change MORTGAGE rates... they change the rate at which BANKS borrow and they get to pass the savings back to you, or simply keep the spread... BUT this does NOT impact MORTGAGE LENDERS who do NOT borrow from the Federal Reserve. A Bank can LEND a MORTGAGE, but they have to have a MORTGAGE DIVISION to do so or they have to pass it off to a LENDER. Here's the DIRECT impact on rates for mortgages the day of and the day AFTER the announcement of the rate cut. (RED = RATES RISING) The 18th and 19th are circled in highlighter... today's trend is starting off NEGATIVELY. If you aren't buying NOW or refinancing NOW... you're MISSING the boat. Get pre-approved TODAY (it's EASY), if your rate is 6.5% or HIGHER then CALL ME, I'm doing refinances in 8 days from start to finish! FHA, VA, USDA STREAMLINES... dropping .50% or MORE... Conventional refinances... equity exists in your home, drop PMI in some instances!