Alex Kirkland

NMLS# 408053

Loan Officer

Alex Kirkland
Loan Officer

NMLS# 408053
State Lic: CA # CA-DBO408053; GA # 46553; NM # 408053; AZ # 0924325; ID # MLO-18970; TX # 408053; CO # 100503348; OR # 408053; WA # MLO-408053; IL # 031.0045562;
1750 East Northrop Blvd.
Suite 230
Chandler, AZ 85286
Direct: (480) 744-5381
Fax: (480) 619-6222
Mobile: (480) 744-5381
alex.kirkland@academymortgage.com

Welcome!

It’s all about service at Academy Mortgage, and our company has been meeting the needs of home-buyers across the United States since 1988. I joined Academy because of its strong reputation for integrity-based mortgage lending, its unwavering commitment to responsible lending practices, and for its broad portfolio of mortgage solutions and tools.

Since joining Academy, I have helped many individuals and families attain the dream of home-ownership. Whether you want to buy a new home or refinance an existing mortgage, I will provide a customized solution for you at competitive rates. No brokering, no middleman, no hassle, no surprises.

Academy is a direct lender, which means that my Branch and Regional Offices are equipped to complete the entire loan process in-house—all loan processing, underwriting, closings, and funding are handled locally. As a result, we have a proven track record of closing loans as quickly and efficiently as possible.

I will be in control of your loan file from start to finish, and I will be up-to-date on the status of your loan at all times. I understand the importance of maintaining continuous communication throughout the loan process and commit to providing you accurate, timely, and honest mortgage advice.

I invite you to put us to the test. Let me show you how simple and easy securing a mortgage can be.

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Alex and his team made this a very easy process for our fist time buying a home. They were always available to answer any questions we had. I would highly recommend Academy Mortgage . adrienne morales

NMLS# 408053

State Lic: CA: CA-DBO408053; GA: 46553; NM: 408053; AZ: 0924325; ID: MLO-18970; TX: 408053; CO: 100503348; OR: 408053; WA: MLO-408053; IL: 031.0045562;

Corp Lic: CA: 4170013; GA: 20505; NM: 01451; AZ: BK-0904081; ID: MBL-671; TX: 3113; CO: 3113; OR: ML-2421; WA: CL-3113; IL: MB.6760661;

Licensed by the Department of Business Oversight Under the California Residential Mortgage Lending Act; Georgia Residential Mortgage Licensee; Figure: 7 TAC §81.200(c) CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT'S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550. THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT'S WEBSITE AT WWW.SML.TEXAS.GOV.; Illinois Residential Mortgage Licensee;

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One-third of FHA home loan borrowers save when refinancing

Refinancing a home loan as a Federal Housing Administration borrower may be beneficial. According to the Housing Finance Policy Center at the Urban Institute, a government-sponsored research institute, one in three individuals with a home loan through the FHA would gain from refinancing a mortgage.

Reduced annual insurance premiums encourage refinancing. At the beginning of 2015, U.S. Department of Housing and Urban Development Secretary Julian Castro announced that cutting costs for FHA loans would lead to an average of $900 in savings every year, according to HUD. The FHA implemented this rate reduction to encourage individuals to enter the housing market. However, current homeowners are also attracted to the potential for substantial savings.

The Urban Institute indicated that a notable number of individuals would benefit from refinancing. The think tank anticipated that most borrowers would fall under the 0.75% annual savings trigger, and approximately 2.4 million of these individuals would see lower mortgage payments even when factoring in additional refinancing expenses. This represents about one-third of the total number of FHA loan borrowers.

More homeowners looking to refinance. A high volume of homeowners with FHA home loans are taking advantage of the recent announcement regarding premium expenses, noted Arizona Central. The cost cuts attract and encourage many individuals to consider refinancing. 

"Buyers have a huge opportunity to save money now with the two rate cuts," said Jamie Korus?, Alliance Financial Resources's president and chair of the National Mortgage Banker's Political Action Committee. 

According to a White House press release, analysts expect lower costs to help 800,000 individuals who own homes decrease their current mortgage payments

Academy Mortgage is one of the top independent purchase lenders in the country as ranked in the 2014 CoreLogic Marketrac Report. Visit www.academymortgage.com to find a loan, get a rate or calculate your payment today.

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Economists predict a robust 2015

The U.S. housing market continues to improve, and 2015 might be the turning point. Job growth and an improving economy may drive the expansion of the market this year. According to the Wall Street Journal, economist forecast 2015 to be the turn-around year for the housing market.

Housing market recovery was slower than anticipated. Economists projected that the housing market would rapidly improve as the economy picked up the pace. However, it did not bolster as quickly as anticipated. After the housing crisis, the U.S. economy improved slowly in 2012 and 2013, but for the most part, the market plateaued in 2014. According to the Journal, economists believe the improving economy will bolster the housing market and improve its performance in 2015.

Housing forecast to improve due to a number of factors. Kiplinger named a number of reasons why the housing market is expected to improve in 2015. Aside from an improving economy, credit scores do not need to be as high for consumers to qualify for loans. A higher number of individuals being approved for a U.S. home mortgage may help stimulate the market.

A healthy housing market stimulates further economic growth. The Journal reported that an improved housing market can also stimulate further economic growth. Home starts can lead to more construction jobs, and home sales can indirectly boost the economy by heightening the demand for services and products provided by businesses that support homeowners. Home inspection agencies, landscape artists, interior designers, hardware stores and others all benefit from an increased demand for the services they provide.

Academy Mortgage is one of the top independent purchase lenders in the country as ranked in the 2013 CoreLogic Marketrac Report. Visit www.academymortgage.com to find a loan, get a rate, or calculate your payment today.

 

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Minimal time spent shopping for mortgages

A homeowner invests a substantial amount in a new home, and ensuring the attainment of the best deal seems intuitive. However, many borrowers fail to compare mortgage lenders and often commit to an interest rate that may not offer the best possible deal.

Homebuyers neglect to shop around when applying for US home mortgages. According to the Consumer Financial Protection Bureau, an independent government agency responsible for consumer protection, 47% of borrowers do not compare lenders before committing to a mortgage lender.

In addition, a separate report released by the CFPB noted 77% of homebuyers applied with only one mortgage lender. Borrowers who apply with multiple lenders or brokers may land a better offer.

Mortgage rates can vary among lenders and even a difference of 0.5% on a 30-year fixed-rate loan could equate to thousands of dollars in savings over time.

Patterns emerge among first-time homebuyers. The report showed a higher percentage, approximately 5%, of first-time homeowners applying for more loan options due to their concern of qualifying for a mortgage when compared to all home loan borrowers.

This was the second highest reason potential buyers applied to multiple lenders. The first was searching for a better mortgage.

A borrower should consider different factors when shopping around. The Federal Trade Commission noted the importance of considering different interest rates available not only for the purchase of a home but also for home equity loans and refinancing. Comparing differences between options can save an applicant a great deal of money. 

The Board of Governors of the Federal Reserve System also noted the importance of knowing and understanding the variation of fees associated with a loan offered by different lenders and brokers. Closing costs, appraisals, inspections and other expenses can add up. A borrower should evaluate all included costs of a mortgage loan when shopping around. Acknowledging the differences among lenders and brokers provides a buyer with the opportunity to obtain the best value.

When selecting a mortgage, a borrower should examine the types of mortgages he or she has access to. Different rates apply to adjustable-rate mortgages, 30-year FRMs and 15-year FRMs.
In addition, Forbes suggested that a potential borrower should first find a trusted mortgage lender before embarking on a search for the perfect home. Developing a strong relationship with a lender is an important aspect of making an educated decision regarding a home mortgage.

Academy Mortgage is one of the top independent purchase lenders in the country as ranked in the 2013 CoreLogic Marketrac Report. Visit www.academymortgage.com to find a loan, get a rate, or calculate your payment today.

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