Jonathan Minsk

Jonathan Minsk

Mortgage

404-281-3691

Member

Gold Star Pin 09/11/2015

Members I've Invited

Harold Hudson

Harold Hudson

Tenley Stephens

Tenley Stephens

James Thomason

James Thomason

Robin Vickers

Robin Vickers

Drew Jordan

Drew Jordan

Sponsorship

Endorsement Letters I've Given

Ameris Bank Mortgage

Ameris Bank Mortgage

404-281-3691

3490 Piedmont Road NE
Suite 510
Atlanta, GA 30305

Company

Team

PowerLinks Certificate 06/01/2012
Midtown's InfoMinute Seminar 05/19/2022
Fill the Filing Cabinet Workshop 08/16/2021
Platinum Card WorkRoom 05/15/2017
InfoMinute Seminar 04/18/2016
Orientation Essentials 05/02/2012

Development

Midtown-1 Team

Introduced by:

Katie Schanck

Katie Schanck

Joined on 03/23/2012

Leadership

TeamCoOrdinator 12/07/2020
ParticipationCoOrdinator
VisitorCoOrdinator
MembershipCoOrdinator 10/05/2021
MentorCoOrdinator 09/30/2021
Hand Pin 03/22/2017
100% Club 04/22/2022

Membership

10-year Pin 04/08/2022
5-year Pin 03/22/2017
3-year Pin 03/20/2015

Team

The question I see often is:  "how much does a borrower need to put down to obtain a mortgage"?  Without saying "it depends"  in reality is does depend if the loan amount is Conforming or Jumbo.

For a conforming loan, if the borrower is a first time homebuyer, the minimum down is 3%, and 5% if they have owned ral estate in the last three years.  For a Jumo loan, the minimum down payment is 10%, and to get a much lower rate, 20%.

Interest rates are risk based, so there are many factors that go into pricing a loan.  As such, when qualifying a potetntial borrower all the fact needs to be known upfront in order to provide an accurate breakdown of the down payment, closing costs, and interest rate.

Referral Trigger Response