Tag Archives: pre-qualify

Underwriting & Program Updates in Element Funding By Miami-Home-Loan

Miami-Home-loan blog, and Element Funding, direct lending mortgage bank, review several financing program changes that occurred this month. .  These changes enhance the ways we underwrite these loans.    Jim Carter, loan officer, reports on the details.  Condominium Financing New Condo … Continue reading

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Miami-Home-Loan Finds A Great Article on Getting Mortages in 2017

Miami Home Loan Sold Sign on House Miami Home loan, and Element Funding, direct lending mortgage bank, found another great article on getting a mortgage in 2017. Scott Sheldon, of Credit.com, wrote a very good article on issues facing home-buyers in … 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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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 Sale Prices Improved The Last Quarter

Miami home sale prices increased from November to December based on the Case Shiller Report.  Miami Home Loan activity also saw an increase in this normally slow month of activity. As a result we look forward to a good year … Continue reading

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FHA Home Loan Limits Decrease in Miami & S. Fl.

Miami Home Loan limits decreased as of October 1, 2011. HUD issued a new mortgagee letter decreasing FHA loan amounts.  The new home loan limits for Miami-Dade and Broward Counties are as follows: County 1 Unit 2 Unit 3 Unit 4 Unit … Continue reading

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Purchasing a Home Takes Time!

When it comes to purchasing a home you don’t be alarmed about the time it takes to purchase a home.   In fact, the first step to purchasing, is to get your self pre-qualified with me so you know how much … Continue reading

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