Eric Pepper, NMLS ID 217327

04/01/2025

4.5 star review received on Experience.com for Eric Pepper by Jolie Y - Eric was great to work with. Kept me informed during a very difficult process.

Click to see all 42 reviews of Academy Mortgage - Eric Pepper, Renovation Lending Manager | NMLS # 217327

10/30/2024

It's not too late to register for our Nov 6th 3-hour CE class on Renovation Lending. Attendees will gain valuable knowledge about renovation loans and how to apply that for more and quicker sales. Renovation loans are the answer to the problem of an aging and limited inventory of homes for sale. Lunch will be provided. Use the QR code to register.

10/28/2024

Realtors, looking for the needed Continuing Education? Join me November 6 for a free, 3-hour GA & FL approved class on Renovation Lending. Learn how these programs allow your buyers to purchase AND complete needed repairs, desired remodeling, or renovations with one loan! Use the QR code to register. Lunch is provided.

06/12/2024

There has been a lot of media coverage about the lack of home affordability. While I agree the surge in interest rates, which will eventually recede, and housing prices has had a huge impact on the decision to buy or rent, I thought I'd share something with you.
The average homeowner gains $28,000 in equity year to year per the Scotsman Guide (link below). The difference in monthly payment on a $400,000 home financed at 7.25% instead of 3.5% is $932.53. This equates to $11,190.30 more per year. $28,000 - $11,190.30 = $16,809.70 in net equity. Even better, rates WILL go down to a more manageable level. If you can afford the leap, know that equity growth more than mitigates the extra cost in home ownership.

Big annual equity gains continue during first quarter; California homeowners gain more than twice the average

06/10/2024

So gratifying to be able to help a couple into their 1st home. Cam and Reba, congratulations! Kudos to Casey Sears, their agent, who fought for the best deal.

04/11/2024

Mortgage Loan Officers need to be able to differentiate themselves from the rest of the herd. Renovation is an excellent way to do so. This is a great article from MortgagePoint. I appreciate the need for "experienced, specialized teams" to make the borrower's experience as smooth as possible.

Jim Clapp and Franco Terango of Certainty Home Lending explain how the convergence of several unique factors has set the stage for a home renovation loan spike.

02/16/2024

5.0 star review received on Experience.com for Eric Pepper by Lillian O - Eric was able to get things done. I think clients have an unrealistic expectation at times which may cause them to be upset. I will definitely refer clients to Eric in the future

Click to see all 39 reviews of Eric Pepper, Renovation Lending Manager | NMLS # 217327

01/05/2024

Atlanta and the rest of the country have been experiencing a housing shortage. Inventory is low and the homes available are in need of deferred maintenance, upgrading, remodeling, or modernizing. This is a great article from the Atlanta Journal detailing this. The solution is Renovation Loans, the FHA 203k or it's conventional cousins. My team can help you navigate the process.

Fewer choices, fewer sales, higher prices — the metro Atlanta housing market in December continued the trajectory it has followed since hitting a peak in number of sales late in 2022, a trend that will likely persist this year, experts say.

01/05/2024

When you're buying a home, you have the option to have an inspection done on the property you're buying. The inspection is a thorough examination of a home's condition performed by a local professional. As the potential buyer, an inspection could reveal any potential, hidden issues with the home that could be costly to repair. Have other questions about the home-buying process? Message me!