Atlanta Real Estate Forum Radio

Eric Glick, regional sales manager with New American Funding, joins the Atlanta Real Estate Forum Radio show to discuss the new FICO score program, updated FHA regulations and millennial homebuyers. Glick joins hosts Carol Morgan and Todd Schnick for the All About Real Estate segment. New American Funding is a home loan and mortgage assistance company founded in 2002 that offers a variety of products and services to meet the needs of all clients, serve the community and partner with homebuyers to achieve homeownership. The Federal Housing Administration (FHA) recently updated its guidelines regarding student loans, reducing monthly payments by 50 percent. For example, if a potential homebuyer pays a 1% monthly payment on a $100,000 loan, the $1,000 payment is reduced to $500 per month. This change is an enormous benefit to millennial homebuyers because, depending on student loan statuses, by increasing opportunities for homeownership and housing opportunities, the needs of a homebuyer and their families are