Paul Carioti, NMLS #302345

12/13/2022

GREAT NEWS FOR HOMEBUYERS!

Virginia Housing announced on 12/1/2022 that qualifying debt-to-income ratios will increase to 50% from the previous 45%. This means homebuyers in Virginia have more flexibility in qualifying for a mortgage.

If you were previously denied a mortgage because your debt-to-income ratio was too high, give me a call!



- http://www.atlanticbay.com/PaulCarioti

12/02/2022

We genuinely care. It’s a belief and guiding principle that runs deep through each of us at Atlantic Bay. We’re continuously building a culture of support that gives our team members the tools and help they need to reach their full potential.

Whether you are just starting out or starting over, if you have a heart for service and a willingness to learn, we have a place for you.

Come join the Atlantic Bay family.



Atlantic Bay is an Equal Opportunity Employer.

We genuinely care. It’s a belief and guiding principle that runs deep through each of us at Atlantic Bay. We’re continuously building a culture of support th...

11/29/2022

Did You Know?

You can use seller contributions to pay for closing costs!

Seller contributions, or a sum of money the seller pays to close on the buyer’s behalf, offer a BIG advantage to buyers and sellers alike.



But contributions don’t work the same way for every loan type…



Don’t worry, we’ve got you covered.

Take a peek at the cheat sheet above for a breakdown of how each loan type handles seller contributions.





- http://www.atlanticbay.com/PaulCarioti

11/29/2022

With Atlantic Bay’s Lend It Back program, there’s no need to wait for a better rate! Buy a home now with a 2/1 temporary buydown and cut the interest rate by 2% during year one of the loan, and by 1% during year two. When the buydown period ends, refinance with us and get up to $1,000 in lender credits!

We've got our homebuyers covered now AND later. Ask me for more details!



For a full list of promotion terms and conditions, and to learn more information on buydowns visit www.atlanticbay.com/lend-it-back/terms/.

11/23/2022

I know I made the right career move when my boss is available at all times to help! Thanks Melvin Scales

11/08/2022

We here at Atlantic Bay are proud to celebrate our Veterans this November through our “Honor A Vet” program. Any Veteran who closes their loan in the month of November will be officially entered to win one of three housewarming prizes:

1st Prize: Outdoor Furniture (Up To $2500 In Value)

2nd Prize: 60-Inch Flat Screen TV

3RD Prize: Solo Stove

Terms: This prize drawing (the "Promotion") is sponsored by Atlantic Bay Mortgage Group, L.L.C. NMLS #72043 (nmlsconsumeraccess.org) an Equal Opportunity Lender. This promotion is valid on loans closed between November 1, 2022 through November 30, 2022.

11/08/2022

Atlantic Bay’s new Lend It Back program could be the ticket to the home of your dreams. Lower your rate now with a temporary buydown and enjoy up to $1,000 when you refinance with us after the buydown period ends.

Take advantage of the market and take back your power as a buyer! We’ve got your back now, and later. Reach out to learn more!



For a full list of promotion terms and conditions, and to learn more information on buydowns visit www.atlanticbay.com/lend-it-back/terms/.

11/08/2022

High rates have us all feeling low, but Atlantic Bay is here to lend peace of mind with our new Lend It Back program! Buy with us today and negotiate a temporary buydown with the seller. After the buydown period ends, we’re offering up to $1,000 in lender credits toward a refinance! It’s a win-win!

Don’t let a dream home slip away because of a rate you can refinance later. Reach out to learn more!

Information is for illustrative purposes only and is not intended to provide mortgage or other financial advice to a specific consumer’s circumstances. Atlantic Bay Mortgage Group, L.L.C. cannot predict where rates will be in the future.

11/07/2022

In a seller’s market, it’s important to move quickly and be strategic. Educating clients, preparing them for the process, and staying on top of industry changes can set your business apart from the rest. Contact me to learn how my team and I can help you make the most of the market.

- http://www.atlanticbay.com/PaulCarioti

11/07/2022

Today’s market is a lot different than those of recent times

But that doesn’t mean it’s a “bad” time to buy.

Rates may be higher but check out the breakdown above to see how you can save more while financing less upfront.



- http://www.atlanticbay.com/PaulCarioti