Category Archives: Buying or Selling a Home

New Homebuyer Seminar Notes: Buying with a Miami Home Loan

Miami Home loan, and Element Funding, direct lending mortgage bank, added a brief overview of the home buying process.  Several of the slides have additional commentary included in this post. .  Jim Carter, loan officer, completed this presentation at the … Continue reading

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Miami Home Loan Discusses the Benefits of Home Ownership

Miami Home loan, and Element Funding, direct lending mortgage bank, found a great article on Trulia, written by Michael Corbett, which outlines the benefits of homeownership.  Jim Carter, senior loan officer, reports on the various benefit of home ownership, which … Continue reading

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Miami Home Loan Discusses the New FHA MI Changes

Miami Home Loan and Element Funding  staff reports there are two key changes scheduled to take place for all FHA case numbers assigned on or after June 3, 2013: • revision to the period for assessing the annual Mortgage Insurance Premium … Continue reading

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Tax Time Requirements for a Miami Home Loan

Miami Home Loan staff was notified by our Operations department there are some specific guidelines we must follow during tax season.   A borrower is required to either file their 2012 tax returns or file an extension.   Please note the following requirements … Continue reading

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Miami Home Loan Discusses FHA DTI Revisions

FHA Debt-To-Income (DTI) requirements have changed, and Miami Home Loan staff outlined these changes for you in this note.  Please call me, James Carter with any questions at Element Funding, at 305-525-6742.  We will get you or your buyer qualified, … Continue reading

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What NOT to DO After You are Pre-Qualified for a Miami Home Loan!

Congratulations! Miami Home Loan and Element Funding are helping you look for the house of your dreams.  It’s smooth sailing from here, right? Probably, however, more than one buyer has had the wind knocked out of his sails at some … Continue reading

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Miami Home Loan Referral Partners

Miami home loan staff has a referral group to offer expertise in many areas to our clients.  As a buyer looks for a Miami Home Loan, or a Miami Home Refinance, the intent is to have a real group of … Continue reading

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Do You Need a Miami Home Loan Pre-Approval Letter?

In today’s world, a homebuyer might benefit from a Miami Home Loan Pre-Approval letter in a competitive situation.  So, what is the difference between a pre-qualification and a pre-approval? A pre-qualification letter is done by the loan officer.  A good … Continue reading

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Miami Home Values Increase Again!

Your Miami Home Loan, research staff has found that your Miami home has increased in value again!   This is great news is you are a home owner.  If you are looking to refinance, the Miami Home Loan refinance value improvement … Continue reading

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Miami Home Loan or Refinance Appraisal Tips: Get A Good Inspection!

On a new Miami Home Loan purchase or a Refinance, an inspection plays a critical element if financing is involved.  The inspection is generally done prior to an appraisal and will give the new buyer some items that may need … Continue reading

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