Tag Archives: Credit Scores

GREAT NEWS FROM MIAMI-HOME-LOAN & FLORIDA HOUSING!!

Miami-Home-loan, and Element Funding, direct lending mortgage bank, found there has been some good news in the past month if you are a potential 1st time homebuyer.  The good news is that credit  FICO  scores have been reduced.  Jim Carter, senior … Continue reading

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Miami Home Loan Staff Reviews Biggest Credit Myths, Mistakes, & Misconceptions

Miami Home Loan staff interviews our partners at Mortgage Market Guide and Credit Technologies to determine some credit myths and mistakes made in efforts to achieve good credit. Good credit is well worth the effort it takes to both achieve … Continue reading

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Revised FHA New Credit Requirements Date

Save Money on Your Miami Home Loan Miami Home Loan staff was forwarded  part of the email our operations department received from HUD concerning the collection and dispute policies.  They have delayed the implementation of this until July 1, 2012!!!   … Continue reading

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Miami Home Loan HUD February Updates

Miami  Home Loan presents the FHA Revised Guidelines which are  Effective 04.01.2012 These are some exerts of the February 28 Mortgagee letter from the U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. Miami Home Loan staff is publishing these excepts to … Continue reading

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How To Establish Credit for a Miami Home Loan Using Secured Cards

We at Miami Home Loan want you to qualify for a home loan, but to do so, you must have credit and good credit scores.  Whether you’re just starting out in the world of credit or hoping to rebuild a damaged … Continue reading

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Special Home Loan Financing for Credit Scores Between 500 & 639

Home Loans are now available for buyers with credit scores down to 500.  Our new, in-house Home loan program, FHA CHOICE program assists eligible homebuyers with 30-year fixed-rate financing if their credit score is between 500 and 639. OVERVIEW OF … Continue reading

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Bank Repossessed More that 54,400 Properties in 2010

Banks did repossess more that 54,400 properties according to a new report from CondoVultures.com.  This represented more that a 79% increase from 2009.  Various banks repossed and took title to 23,000 properties in Miami-Dade and Broward counties. The foreclosure business … Continue reading

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High Court in Mass Rejects Bank Foreclosures

  Court Rejects Bank Foreclosures – Investors.com Court Rejects Bank Foreclosures. Posted 01/07/2011 06:57 PM ET … highest courtinvalidated 2 foreclosures by Wells Fargo (WFC) and U.S. Bancorp (USB) … www.investors.com/…/Article/…/Court–Rejects–Bank–Foreclosures.htm – Cache These types of actions could slow down … Continue reading

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