Georgia Sample Subsequent Mortgage Loan Purchase Agreement is a legal document that outlines the terms and conditions between Ameriquest Mortgage, a mortgage loan company, and the borrower. This agreement is specifically designed for individuals residing in Georgia. Under this agreement, Ameriquest Mortgage agrees to purchase mortgage loans from the borrower, subject to certain terms and conditions. The agreement includes details such as the purchase price, loan documents, representations and warranties, conditions precedent, and lender requirements. There are several types of Georgia Sample Subsequent Mortgage Loan Purchase Agreement of Ameriquest Mortgage available, each tailored to specific needs and circumstances. These include: 1. Conventional Mortgage Loan Purchase Agreement: This type of agreement caters to borrowers seeking a traditional mortgage loan with standard terms and conditions. 2. Adjustable-Rate Mortgage Loan Purchase Agreement: This agreement is designed for borrowers who prefer an adjustable interest rate on their mortgage loan, which means that the interest rate may vary over time based on market conditions. 3. Federal Housing Administration (FHA) Mortgage Loan Purchase Agreement: This agreement is specific to borrowers who qualify for an FHA loan, a government-backed mortgage loan program that provides certain advantages and benefits. 4. Veterans Affairs (VA) Mortgage Loan Purchase Agreement: This agreement is exclusive to borrowers who are veterans or active-duty military personnel, offering favorable terms and conditions as part of the VA loan program. 5. Rural Development Mortgage Loan Purchase Agreement: This agreement caters to borrowers who reside in designated rural areas and are eligible for a mortgage loan under the United States Department of Agriculture's Rural Development program. In conclusion, the Georgia Sample Subsequent Mortgage Loan Purchase Agreement of Ameriquest Mortgage is a legally binding document that outlines the terms and conditions for the purchase of mortgage loans in Georgia. It is available in various types to cater to different borrower needs and loan programs.