Ivid Bahoura - Atlantis Mortgage NMLS #2246612

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United States
Farmington Hills, MI
Ivid Bahoura - Atlantis Mortgage NMLS #2246612

WHOLESALE RATES. WHY PAY RETAIL. At Atlantis Mortgage, we are a wholesale mortgage company that shops the market for you. NMLS ID #129429

We collaborate with lenders to price rates that are far below retail.

10/08/2023

🏡 Understanding your loan options is a crucial step on the path to homeownership. Let’s take a moment to dive into the world of mortgages and discover the key to unlocking your dream home! 🔑

🗝 Fixed-Rate Loans: Stability is the game here. With a fixed interest rate, your monthly payments stay the same for the loan’s lifetime. Great for budgeting and long-term planning. 📈

🗝 Adjustable-Rate Loans: These start with a lower interest rate, which can adjust over time. Ideal if you plan on moving before the rate goes up. ⏱️

🗝 FHA Loans: With lower down payment requirements, these government-insured loans are perfect for first-time homebuyers or those with less-than-perfect credit. 👍

🗝 VA Loans: A fantastic benefit for our veterans – these loans often require no down payment or mortgage insurance. 🎖️

🗝 USDA Loans: Living in a rural or suburban area? You might qualify for a USDA loan, which also offers zero down payment options

When you’re ready to explore these options and more, I’m here to help and guide you. Your dream home awaits. Let’s unlock it together! 🔑

08/20/2023

Deciding to commit to a home loan is a monumental financial decision, one that requires careful consideration and due diligence. Here are some tips to ensure you’re adequately prepared before you sign the dotted line:

🗝 Understand Your Budget: It’s essential to have a clear understanding of your monthly income, expenses, and your overall financial health. Your monthly mortgage payment should comfortably fit within your budget without jeopardizing your ability to meet other financial obligations.

🗝 Check Your Credit Score: Your credit score will significantly influence the interest rate on your loan. Before applying for a mortgage, check your credit report for any errors and take steps to improve your score, if needed.

🗝 Get Pre-Approved: A pre-approval gives you a realistic idea of how much you can borrow and demonstrates to sellers that you’re a serious buyer. However, remember that pre-approval isn’t a guarantee of final approval.

🗝 Consider the Additional Costs: The mortgage isn’t the only cost involved in home ownership. Remember to factor in property taxes, insurance, HOA fees, and maintenance costs when determining your budget.

🗝 Understand the Loan Terms: Fully understand the terms of the loan, including the type of loan, the interest rate, whether the rate is fixed or adjustable, the term of the loan, and whether there are any penalties for early payment.

🗝Emergency Savings: It’s crucial to maintain an emergency fund. Unexpected expenses or changes in your financial situation can arise, and having a safety net can ensure you can still meet your mortgage payments.

Before you sign the dotted line and commit to a home loan, make sure you are thoroughly prepared and understand the long-term implications. Buying a home is not only a lifestyle decision but also a significant financial commitment that requires strategic planning and careful thought.

07/12/2023

Ready to start your journey as a homebuyer? Then listen up, because I’ve got a tip that can make all the difference: Maintain your credit!

Your credit score plays a big role in your ability to obtain a mortgage. So, let’s dive into some key points on how to keep your credit in tip-top shape.

🗝 Keep your credit card balances low: Try to keep your credit card balances at or below 30% of your credit limit. This can help improve your credit score and make you more attractive to lenders.

🗝 Pay your bills on time: Late payments can have a negative impact on your credit score, so be sure to pay your bills on time every month.

🗝 Check your credit report: Regularly checking your credit report can help you catch errors or discrepancies that could be negatively affecting your credit score.

🗝 Avoid new credit inquiries: Opening new lines of credit or taking out new loans can temporarily lower your credit score, so try to avoid new credit inquiries when possible.

So, let’s make this home buying journey a success by taking care of that credit! 🏡💰💪

06/21/2023

Hello, Summer! ☀️🍉 While you’re flipping burgers on the BBQ, I’ll be flipping through the best mortgage options for you!

Don’t get grilled by high rates. Let’s catch this wave together! 🏄‍♂️🏠

06/20/2023

Applying for a mortgage can be exciting- Yay! You’re officially adulting 😁 But did you know there are a few key things NOT to do before applying?

Below, I’ve listed some common red flags to Mortgage underwriters 👇

⛔ 🚗 DO NOT buy a car
⛔ 💳 DO NOT use your credit card excessively
⛔ 💸 DO NOT make random, large deposits
⛔ 🛏️ DO NOT buy furniture and appliances
⛔ 📑 DO NOT co-sign for another loan
⛔👔 DO NOT change jobs

Play it safe until after you’ve closed, then go buy that new car you’ve been eyeing 😉

06/19/2023

5 must-ask questions for your lender: 👇

What are my mortgage options?
Can I qualify for any down payment assistance programs?
What are your lender fees?
What will my closing costs be?
How often will I be updated on the loan’s progress?
Communication is key to getting the results you want for your dream home.

06/18/2023

👔💙 This Father’s Day, let’s raise a toast to the Dads who taught us the value of a solid foundation – both in life and in homeownership! Whether it’s his DIY wizardry 🔨, or his knack for finding the best bargain, Dad’s home-buying wisdom is always on point. Let’s celebrate those fatherly insights that help turn a house into a HOME 🏡. To all the Dads who taught us to dream big, invest smart, and always carry a spare set of keys 🔑, Happy Father’s Day! 🎉

05/14/2023

Roses are red, violets are blue, let me find the perfect mortgage for you! 🏡 Happy Mother’s Day to all the amazing moms out there – you deserve a home as incredible as you are! 💐🎉

03/29/2023

It might be a little bit more challenging to find a home that checks all your boxes in the current market, but it’s not impossible! And with the right mortgage broker by your side (Hello 👋), rest assured you will be in good hands. DM me and let’s chat about your mortgage goals 😉

03/23/2023

Owning a home is one of the greatest feelings ever. For one, you’re successfully adulting! Yay! 😆

Seriously though, It really can’t be described in words or quantified in money. It’s simply a feeling. 💖💖

It’s a feeling that makes life’s challenges and the daily grind worth facing, knowing that no matter what happens, you have a place to retreat to that is solely yours.

It’s a place where loved ones can take refuge in it’s warmth and celebrate life’s wins together as a family. 👪🏠

It’s a place that never judges and always invites you in with open arms.

To me, that’s priceless. 🥰 What does home mean to you? Drop your response in the comments below. 👇👇

03/21/2023

It is said that the kitchen is the most important room in the house. One can guess it’s due to the meals that are cooked and the way food brings people together.
Given that it’s a room that people generally spend a lot of time in, why not do what you can to make it an enjoyable space?

Here are My Top 5 Affordable Kitchen Transformation Tips :

Add or change the shelving to either open or glass cabinets to give your kitchen a new look
Adding color and changing the k***s of the cabinets is an affordable way to give a space a fresh look
Add a freestanding island which will provide more space for food preparation as it’s a great way to maximize on your space
Create a coffee bar. Adding a coffee bar will instantly transform a little space in your kitchen to a functional space for entertaining
Hang artwork. Oversized artwork can add instant character to the kitchen

03/17/2023

May your pockets be heavy and your heart be light. May the next home you buy be the love at first sight. Happy St. Paddy’s Day!

Address

30110 Orchard Lake Road
Farmington Hills, MI
48334

Telephone

+12488666699

Website

http://www.Atlantismortgage.com/

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