Atlanta Home Loan Team - Chad Wade

08/20/2026

Big changes just hit conventional condo financing. 🏢🏡

Fannie Mae and Freddie Mac have updated several condo project approval rules — and some of these changes could make financing easier, while others make it even more important to review the condo project early in the process.

The biggest changes include:
• Limited Review is gone
• Small condo projects may have an easier path
• The 50% owner-occupancy test has been eliminated for established projects
• New reserve requirements are coming
• Master insurance requirements have been updated

Buying or selling a condo? Let us review the project early. A little homework upfront can prevent a big problem later.

05/09/2024

🎓 Yesterday was awesome at Cornerstone Mortgage Group! 🎉 We had the privilege of hosting speaker, coach, and mega-agent Kendra Cooke for her Professional Presentation class for our incredible real estate agents. 💼🏠 It was a power-packed session focused on sharpening presentation skills and enhancing client experiences. 🚀 Huge thanks to all who joined us - let us know if you'd like to attend future events! 👏💫

04/25/2024

Great class at Cornerstone Mortgage Group, LLC yesterday! Let us know if you'd like to come to any future events!

🌟 We hosted an awesome class yesterday on "How to Up Your Speaking Game to Win More Business". This is part of our plan to create community and marketplace engagement through professional growth opportunities. Here's a few of the key strategies shared:

1️⃣ Have a Game Plan 📝
2️⃣ Bring Value 🌟
3️⃣ Be Relevant 🎯
4️⃣ Be Clear 💬
5️⃣ Make sure the message is Well-Delivered 🚀

Huge thanks to Cooper Camak for making this happen! 💼🌟

04/17/2024

🏡 Borrower Beware - Don't Overpay on Your Mortgage! 💰

When it comes to getting a mortgage, some lenders love to charge excessive points and fees. 💸

Check out the "Closing Costs Detail" sheet that was recently shared with us - the other lender this client was working with wanted to charge $24,156 in POINTS along with a $500 upfront "lock-in" fee to secure their refinance terms.

As crazy as it sounds, we are able to offer this same client a similar rate with NO POINTS or lock-in fee - this will save the client over $24k in closing costs. We also NEVER charge a "lock-in" fee as those are just an upfront money grab designed to discourage borrowers from shopping or changing lenders.

I can't stress enough how important it is to work with a lender that you trust or that you were referred from someone you trust. 🌟 It's also always a good idea to get at least two quotes when you are shopping mortgages and be upfront about this - this helps keep everyone honest.

Ready to save some serious cash on your next mortgage? Let's chat! Drop us a message or give us a call today. 📲 🏠💼

04/16/2024

🏡 Exciting Real Estate Update! 📣

Amidst recent uncertainty in the real estate market following the proposed National Association of Realtors settlement with home sellers regarding broker commissions, here's a reassuring development:

Home sellers WILL continue to have the option to pay buyer's agents real estate commissions on transactions with a residential mortgage.

This is a boon for buyers with limited funds, enabling them to remain active in the market. It also helps sellers by stabilizing real estate prices as it keeps more potential buyers in the market. 🏠🔑🎉

04/04/2024

🎉 Excited to announce that our good friend and business speaking coach Cooper Camak will be at our office on April 24th at 8:30 AM diving into the secrets of effective communication! 🗣️ This FREE class will be great for real estate agents, small business owners, and salespeople. 🏡👩‍💼👨‍💼 Please use the link below to RSVP - space is limited. 🚀
https://www.eventbrite.com/e/how-to-up-your-speaking-game-to-win-more-business-tickets-869309798007

Level up your communication game and unlock new business opportunities! 💼 From crushing nerves to mastering every conversation, join us as we dive into the secrets of effective communication. 🗣️ Register with the link in our bio

03/27/2024

🏡 Great morning hosting and learning about current metro-Atlanta real estate market statistics with our friends from EXP Realty! Special thanks to Jennifer Greenway and Heather Hemsley for including us. 🌟

Year over year: Median home sales prices are up 6%, total closed sales are down 1%, and total homes for sale (inventory) are up 19% - with all that said, the total inventory absorption rate (month's supply) is still only 2.7 months. 📈

Mortgage interest rates, low housing inventory, and diminished affordability are still the biggest factors currently impacting our real estate marketplace. 📉 🏠

03/25/2024

🏡 Real Estate: Time In vs. Timing ⏳

Bought my first home for $250k in 2006. Market crashed, value dropped to $200k. 😬 Despite positive cash flow, I sold in 2016 for $275k, seeking better investments. 🌱

Today, it's worth $500k! 😱 Lesson learned: Patience pays dividends in real estate. 💰💡

03/21/2024

🏡 Don't settle when it comes to your mortgage! As an owner of Cornerstone Mortgage Group, I believe perfect business is achieved when we are able to create HUGE “wins” for our clients, business partners, and employees.😁

We accomplish this by prioritizing our clients financial well-being above everything else. Getting our clients LOW rates, REDUCED closing costs, IDEAL loan structure / advice, TIMELY information, and SMOOTH closings are all part of our value proposition!💼

Let us help you or anyone you know take advantage of the exceptional VALUE we desire to deliver! Our goal will always be to create HUGE wins!🌟

03/12/2024

Here's a cool scenario from today where we are getting to do a really GOOD THING for a first time home buyer! 🎉 This client is getting $5,250 of no strings attached FREE Grant💰 $$$'s that they are able to use towards the purchase of their new home. This GRANT is available for any first time home buyers that CURRENTLY live / rent in certain metro-Atlanta census tracts.

A few of the BEST THINGS about this particular grant are: there are NO income restrictions, it DOESN'T matter where the new property🏡 is located, and it is NEVER required to be repaid.🌟