Hannon Properties LLC Is Partnered With Atlantic Bay Mortgage Group

Our on-site lender, Corey Peace with Atlantic Bay Mortgage Group, is ready to help you finance your new home.  Request information via email or schedule a phone call.

Mortgage Banker

NMLS #1124623

Licensed In GA #47323, FL, TN

Phone: (678) 665-9585

Fax: (855) 547-0920

Email: Coreypeace@Atlanticbay.Com

Request Information

* Hannon Properties LLC is not a mortgage lender and so you should contact Atlantic Bay Mortgage Group, L.L.C. directly to learn about its products and your eligibility for such products. All loans subject to income verification, credit approval and property appraisal. Not a commitment to lend. Atlantic Bay Mortgage Group, L.L.C. NMLS #72043 ( is an Equal Opportunity Lender. Located at 600 Lynnhaven Parkway Suite 203 Virginia Beach, VA 23452

Why Us?

Buying a home in Florida?  The State of Florida offers homebuyers several different incentives that help with closing costs & down payments.  In order to best help you find the best assistance program, there are several questions that our agents will ask in your initial consultation. 

“You may be surprised to learn what down payment options you qualify for. We work with conventional loans, first-time homebuyers, VA loans, USDA loans, & more. ”

How it Works

Talk With Your Lender & Get Pre-Qualified

Loan Application & Documents

Underwriting & List of Conditions

Appraisal Order

Final Approval & Closing


Before we start the home loan process, it’s vital to get pre-approved to know what different loan opportunities are available to you. Start your pre-qualification application now.

Loan Application

After you’ve been pre-qualified, and your contract has been signed by all parties, it’s time to get started with the home loan application. During this phase, you will be required to sign different loan disclosures, and you will also have to bring a list of documents.

Compliance Documents Sent

Within 3 Days, You Will Receive Your Loan Estimate Document & Other Information For Your Records Within 3 days of completing your home loan application, you will recieve both an email and mailed package of disclosures for your review. The main document you will receive ids your Loan Estimate. This is an estimate of any possible fees that may be incurred during the loan process. This document should be very similar to what you signed at your loan application. You do not need to sign and return this document, it is for your records only.

Underwriting Review

Conditional Approval Once everything is signed during loan application, we turn your file into underwriting for review. We do this upfront so that we know if there are any issues with the loan in the beginning. The Underwriter reviews your file and issues a conditional approval. This is exactly what we want – conditional approval is a good thing!

List of Conditions

Getting Final Approval Of Your Loan - Please Respond Within 48 Hours This is your first contract from the processor on our team. His/Her job is to reach out to you with the list of remaining items needed to give a final approval of your loan. It’s important that you send the requested items back within 48 business hours. This assists with keeping your file on track to closer on time. If you have any questions about the items requested, please do not hesitate to contact Corey. He will be able to assist in facilitating items if needed.

Appraisal Order

Freshbooks Invoicing System Will Request A Payment After you’ve completed your home inspection and givbe us permission to order the appraisal, you will receive an email from our online invoicing system – Freshbooks. Please follow the steps explained in the email. Payment for your appraisal is required prior to closing.

Submitted for Final Approval

Takes 24-48 Hours
Once all of your conditions habve been gathered, your processor will subit your file back to underwriting for final approval. Final approval review usually takes 24-48 hours from the time of submission.

Initial Closing Disclosure

In-Person Appointment With Corey
You will receive your Initial Closing Disclosure in the mail seven days prior to closing,. These are not the final figures, however should be very close. This is a great opportunity to familiarize yourself with the disclosure that you will sign the day of closing.


Receiving The Title & Getting Your Keys Once your file is final and approved, it will be moved to the closer on our team. Their job is to work with the title company/attorney you have selected. Together, they will finalize the final documents you will sign the day of closing. It is, at this point, that you will receive your final Closing Disclosure. This document will give you the final amount that you will need to bring to closing,. This dollar amount will need to be in the form of a certified check or wire made payable to the title company/attorney. You will also need to bring your Photo ID.


What Should I Bring to My Lender Appointment?

Now that you have scheduled your consultation with a Hannon Properties LLC REALTOR real estate agent, we ask you bring the following with you:

- Proof of income
- Tax records from the previous 5 years - Photo ID
- A copy of your most recent credit report - A list of your monthly bills or any debts that you owe
- An idea of the type of home you are looking for, the location, and your price range –
- Photos of your ideal house, it may be a good idea to bring them on a flash drive, or create a Social Media photo board or Google Drive that showcases your ideal home.

How do I finance a house?

For most homebuyers, financing a house requires getting a loan and making a down payment. Hannon Properties LLC in house lender works with conventional loans, FHA Loans, First-time homebuyer loans, VA loans, and USDA loans. The down payment on these types of loans vary based on your credit. Certain individuals will be eligible for 0% down (VA loans, USDA loans), and many borrowers will qualify somewhere between 3% – 10% – 20% down. Contact Hannon Properties today to learn what you qualify for.

When is required to qualify for a loan?

Home loans are based solely on your credit, debt-to-income ratio, and a couple other factors, such as if this is your first time purchasing a home, if you are a US Veteran, or if you are purchasing a second home or investment property. Before you know what loans you qualify for, we will pre-approve you with a soft inquiry. This will allow our in-house lender to determine what loan you qualify for. After your pre-approval, you will do a “hard inquiry,” which will determine your final approval and what type of loan you qualify for. After you have been approved, we highly recommend you refrain from making any large changes to your credit that could potentially impact your score before closing.

Credit Score Information

With all financial loans, the higher you’re credit score, the better, however, you may be pleasantly surprised to learn what home financing opportunities you qualify for in the state of Georgia and Florida. The in-house lender likes to see applicants with a minimum credit score of 580, however it’s best to contact us to see what you may be approved for. As with everything, the higher your score and lower your debt-to-income ratio, the better offers you’ll receive when applying.

How long does it take to close on a house?

The average closing on a house is around 31 days. Closing on your home purchase happens once your file is approved, and varies based on your lender. Hannon Properties LLC on-site lender and in-house attorney have a closing rate of 98% on time. What this means is that if Hannon Properties LLC tells you they will close in 4 weeks, they will close in 4 weeks, 98% of the time. If they tell you 42 days, on average, it will be 42 days. This date can vary anywhere from 30 days – 60 days, based on your lender. Closing on a house is usually based on your lender and closing attorney.

How do I get Pre Qualified to buy a house?

Get Pre-Qualified to buy a house with Hannon Properties LLC on-site lender, Corey Peace from Atlantic Bay Mortgage Group. You may be surprised to learn what type of loan you qualify for. Mr. Peace can help you get approved for a variety of loan programs, including conventional loans, first-time homebuyers, VA loans, and USDA loans.

Hannon Properties LLC Is Partnered With Atlantic Bay Mortgage Group

Conventional Loans - First Time Homebuyers - VA Loans - USDA Loans