The Ellis Mortgage Team

Compare Mortgage Rates For Refinancing Choosing The Best Refinance Mortgage Option When refinancing a mortgage loan, homeowners have several options. There are numerous reasons for refinancing an existing mortgage. The past five years have witnessed low mortgage rates. However, low rates will not remain forever. Before interest rates begin to climb, homeowners should take advantage of their refinancing option. Which Home Mortgage Lender to Choose? Many financial lending institutions offer mortgage refinancing. If hoping to secure a good refi loan, ... When refinancing a mortgage loan, homeowners have several options. There are numerous reasons for refinancing an existing mortgage. The past five years have witnessed low mortgage rates. However, low rates will not remain forever. Before interest rates begin to climb, homeowners should take advantage of their refinancing option. Which Home Mortgage Lender to Choose? Many financial lending institutions offer mortgage refi

Home ownership is just a mortgage away!  To name a few, there are fixed rate mortgages rates and an adjustable rate mortgage. Getting a house of your own is a lifetime achievement and a home mortgage helps you in achieving this milestone much earlier than it would otherwise have been possible.  In fact, the first home mortgage is also filled with a lot of emotion.  A home mortgage is really something that makes dreams come true. So let us start with understanding what a home mortgage actually is? A home mortgage is something that allows you to buy a house even if you do not have enough money to pay for it right away.  This is made possible by borrowing money from someone and paying it back in monthly installments.  The person who lends you money is called the home mortgage lender.  The home mortgage lender lends you money for a specific period (up to 30 years) during which you are expected to pay back the money in monthly installments.  There are certain terms and conditi

Any discussion of mortgages tends to turn on two points. How can you qualify for the most money with the lowest payment? How can you get the lowest interest rate for the mortgage? While these are two important issues, there is an addition one that people fail to consider, resulting in significant wasted money. The term of a mortgage is extremely critical for a couple of reason. First, it sets the length of the obligation you are undertaking. Second, it defines the amount of interest you are going to pay over the life of the loan. These are huge issues when it comes to building equity. The longer the loan, the more total interest you are going to pay. The trade off, of course, is you are going to have smaller monthly payments the farther you stretch out the obligation. While this may sound like a good goal when you first get the mortgage, it can backfire on you in the long run. Most people focus on interest rates as a way to save money on mortgages. This is a valid approach, but

There's a common misconception that bankruptcy will kill your chances at getting a home loan. This isn't true. In fact, surveys have shown that it's possible to get a loan as quickly as 18 months after filing bankruptcy. Though that's an exception rather than the rule, it's not at all unreasonable to try and purchase a home two to three years after filing. How do you go about doing it? ==> Verify Your Credit Report Start by regularly checking your credit report. You'll want to check your credit report about four times a year after bankruptcy to make sure everything gets settled correctly. The US government provides one credit report a year for free. On your credit report, be on the lookout for items that should appear as settled in bankruptcy, but still show as owed, open or delinquent. Contact the credit agencies and let them know of the mistakes. This is extremely, extremely common. Sometimes it's just a lag in paperwork, but often times if

call us today 855-Element or go to http://www.ellismortgageteam.com If you're thinking about selling your house, you might want to wait. Taking just a month or two to improve the value of your home could help you tuck away thousands more later down the line. Here are five simple and straightforward things you can do to improve the value of your home before listing. ==> Repaint Repainting literally costs as little as a hundred dollars for paint and could make your home look brand new again. There's nothing that says age and lack of care quite like peeling paint. If the exterior or interior of your home doesn't look freshly painted, that first impression alone could kill a potential deal. So, head over to Home Depot with a few friends or the family and make a couple weekends out of it. One weekend on the exterior and one on the interior could be all it takes. ==> Lighting The amount and type of light that your home gets can have a big impact on its perc

http://www.ellismortgageteam.com Thank you so much for entrusting Element Funding and my team with your mortgage loan. I truly appreciate your business and I hope your experience exceeded your expectations. Please don’t hesitate to call us if a problem should arise or if you simply have a question. We hope to have the pleasure of doing business with you in years to come as we strive to be your lender for life. Please don’t forget, if you have a family member or friend that is in the market for a mortgage, I would be honored if you would refer my team! Blessings on your new home and from our family to yours, Congratulations!!!! To learn more about the mortgage product that is right for you so you can begin your journey to homeownership call us today 855-Element or go to http://www.ellismortgageteam.com Primary Residential Mortgage, Inc., DBA Element Funding, NMLS #3094. PRMI is an Equal Housing Lender. Some products and services may not be available in all states.

http://www.ellismortgageteam.com Meet Element Fundings Top Producing Lender The Ellis Mortgage Team. Hi, I’m DeAnn Ellis with Element Funding….As a homebuyer in today’s fast pace market, you need a competitive edge. You need an advantage that helps your offer stand out from the rest, and we can help you with that edge. I have had the privilege of helping homeowners just like you for over 23 years! With over 100 years of combined experience…my team has the knowledge to help you find the best mortgage product for you and your family. We specialize in Conventional, FHA, VA, USDA and Down payment assistance programs to finance a purchase and provide refinancing options. Being a direct lender gives you the advantage over the competition. With Element Express our upfront in house underwriting process makes it easy, so you can focus on finding the right home for you and your family. With Fast closings, great rates to meet your goals and superior customer service

call us today 855-Element or go to http://www.ellismortgageteam.com Mortgage 101 FHA Financing With The DeAnn Ellis Mortgage Team Welcome to Mortgage 101! Hi, I’m DeAnn Ellis with Element Funding. I am going to go over a few things about FHA financing. FHA is a government insured program that makes it easier to obtain loan approval. FHA offers lower down payment such as 3.5%, and will allow a gift from a family member. FHA loans terms are available in 15, 20 and 30 years also FHA offers adjustable rate mortgage loans. FHA loans are unique because buyers with less than perfect credit can still qualify even with credit scores as low as 580! An FHA loan are a great choice whether a first time homebuyers or experienced this loan can help you qualify! If you or someone you know is looking to see what options may be best- let my team take a look at how we can assist you with an FHA mortgage. For more information on how an FHA loan could help you, contact us

http://www.ellismortgageteam.com Hi, I’m DeAnn Ellis with Element Funding….As a homebuyer in today’s fast pace market, you need a competitive edge. You need an advantage that helps your offer stand out from the rest, and we can help you with that edge . I have had the privilege of helping homeowners just like you for over 23 years! With over 100 years of combined experience…my team has the knowledge to help you find the best mortgage product for you and your family. We specialize in Conventional, FHA, VA, USDA and Down payment assistance programs to finance a purchase and provide refinancing options. Being a direct lender gives you the advantage over the competition. With Element Express our upfront in house underwriting process makes it easy, so you can focus on finding the right home for you and your family. With Fast closings, great rates to meet your goals and superior customer service we guarantee that you will close on time making the process seamless f

Hi, I’m DeAnn Ellis and welcome to Element Funding! We all know there is nothing simple about the mortgage process and, our mortgage specialists are eager to help you every step of the way! Here are a few questions you may have about the process… What is the first step?   What can you expect when working with our team? And what exactly does preapproval mean? Make sure to give all accurate and specific information when filling out the application. We need all personal information in order to obtain your credit report.   We also need a 2 year work history with specific income information.   Bank information is also helpful when applying so we can determine your assets. Once we receive your information, we then pull your credit, this helps us better determine the loan product that works best for you and your family.   Have less than perfect credit? Don’t worry! Our Mortgage Specialist will advise you on what you need to do, to help you move t

New Home Purchase So the time has come for you to purchase a new home. Purchasing a new home is by far one of the largest financial transactions you will ever make in your life, so you will want to take your time and learn as much as you can about the mortgage industry. The first question that comes to peoples minds when they begin their quest for a new home is how much can I afford?î Many factors play a role when it comes to determining how much you can afford. Such as your income, your current debt, down payment, the term of the loan, etc. Once you have determined what your financial situation is you will want to begin your quest for a mortgage. But before you dive in and start filling out applications. Purchasing a home requires time, patience and education. But don't worry, you don't have to do all of the work yourself. There are people within the industry you will be working with such as Realtors and lenders that will help you through this process and point you i