Elite Sales Group Miami Real Estate Blog

Do you keep hearing that mortgages are at an all-time low?  That is because the 30-year mortgage rate is now the lowest in the past 50 years.  According to Freddie Mac, the 30-year fixed-rate mortgage fell to 2.88% this week and the 15-year fixed-rate dropped to 2.44%.     This has created...

Will You Qualify? What You Need To Get A Mortgage   If you are a first time homebuyer, navigating all the new information about homeownership, the home buying process, and mortgages can seem overwhelming.  If you are beginning the mortgage shopping process, but have no clue as to what information you'll need...

The Advantages Of Pre-Approval   The decision to purchase a home can be an exciting but sometimes confusing undertaking.  When beginning your search for the perfect home, there are a number of factors that you will want to consider.  Whether you are a first time buyer or already own a home and...

Buying A Home With Past Credit Problems

Buying a home can be both exciting and stressful but, for those with past credit problems, the process may also seem intimidating.  The good news is that many lenders and mortgage advisors like Kalb Advisors Coconut Grove, FL  and Aventura, FL locations have adapted to the idea that many hopeful homeowners simply need a second chance, which means that past credit problems no longer have to define your future. Elite Sales Group  2265 S. Bayshore Dr. 601 Cocout Grove, FL 305-554-1544

Finding A Mortgage Broker

If you are in the market for a new home, or looking to refinance your existing mortgage, then you will want to consider the option of hiring a mortgage broker rather than an individual lender or lending institution. With times being as tough as they are for so many people, and the instability of the financial markets, shopping around for the best deal in a mortgage is of vital importance. A mortgage broker is a one-stop mortgage option that can save you time, and most importantly, money.  Here are just a few reasons you should consider a mortgage broker.

Finding Your Credit Score-There are three major credit companies in the United States that offer you free access to your credit score- Experian, TransUnion, and Equifax .  These companies can give you a detailed breakdown of your credit situation; however, don't assume that each report will be identical.  Since these reports are free, it is in your best interest to get all three to be sure that you are getting the complete picture.