Foundation Mortgage Corporatation
1680 Michigan Ave STE 700 33139 Miami Beach, FL, US

The 5 Benefits of Getting Pre-Approved: 1. Accurately Determine What Loan Type You Qualify For 2. Accurately Determine How Much Loan Amount You Qualify For 3. Accurately Determine What Your Monthly Payment and Closing Costs Will Be... 4. Accurately Determine How Much Time You Need to Get the Financing Approved 5. Give Yourself Time to Fix Problems Before You Are Under Contract www.ScottJonesLoans.com

The new loan limits for Fannie/Freddie have been published! Conforming Standard Loan limit increased from $424,100 to $453,100. The high-cost county loan limits (Monroe County) have increased from $625,500 to $679,650.... FHA limits have not been announced yet.

VA IRRRL GUIDELINE CHANGES!

Foundation Mortgage would like to congratulate our very own Mortgage Banker, Eddy Ramirez for his hard work and dedication that led to our nomination as Affilia...te Company of the year at the upcoming Realtors of the Palm Beaches & Greater Fort Lauderdale awards brunch. We are honored by this nomination and want to recognize Eddy for his continuing community involvement within the Palm Beach County. Eddy Ramirez - Foundation Mortgage Corporation

NEW Blog Alert! Visit our website to learn about the growing risk of wire fraud & how you can protect yourself.

Buying a home can be stressful especially if you are a first time home buyer, luckily we have a step by step guide that can help you get through your mortgage like a pro! https://scottjones.foundationmortgage.com//first-time-home

Foundation Mortgage Corporatation - Scott Jones Foundation Mortgage - Common Sense Lending #hesnotdead https://drive.google.com//0B_NIgj0r0lD3dWxIdHpCZkxYR00/view

A mortgage commitment date is the date that you have to have your financing approved. Making a commitment can be difficult but that's why we are here to help guide you through the process of your loan! #donthavecommitmentissues

Get Money to Make Your Home Solar & Energy Efficient!

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Foundation Mortgage Corporatation - Scott Jones Interested in a Miami Condo? Check out our guide to help you decide whether you should apply for a limited or full review loan! https://goo.gl/w1TiUr www.FoundationMortgage.com

Foundation Mortgage Corporatation - Scott Jones Are you ready to be a home owner? Check out Step #1 of our first time home buyers guide! https://goo.gl/ZZFwQf #firsttimehomebuyer #mortgage... www.ScottJones.FoundationMortgage.com

Foundation Mortgage Corporatation - Scott Jones How do you choose a good Realtor? We've got some questions for you to consider! https://goo.gl/ZZFwQf... www.ScottJones.FoundationMortgage.com

Foundation Mortgage Corporatation - Scott Jones What does getting pre-approved for a mortgage mean & why is it important? Check out Step #3 of our first time home buyer guide for the answers! https://goo.gl/ZZFwQf www.ScottJones.FoundationMortgage.com

Foundation Mortgage Corporation Did you know that opening new credit trade-lines can impact your Debt-Ratio/Qualification? Don't make this mistake and check out our other home buying tips! www.ScottJones.FoundationMortgage.com

Understanding seller credits can be helpful for home buyers who have limited funds to purchase their dream home! Check out our web resources or give us a call for more information at 305-260-6953 or www.ScottJones.FoundationMortgage.com

Are you a Veteran & shopping for a mortgage? Visit our website for more information on VA loans & see if you qualify! www.ScottJones.FoundationMortgage.com

To Refinance means to revise an existing mortgage. The current mortgage is paid off and is replaced by a new mortgage. People typically refinance to lower their interest rate, pay off debt, cash-out equity, or change loan type/terms. Check out my website for more refinance basics! www.ScottJones.FoundationMortgage.com

Mortgage Tip of the Day: Check your contract for your mortgage commitment date! This will tell you when your financing needs to be approved by & if your deposit is non-refundable afterwards. www.ScottJones.FoundationMortgage.com

We are happy to report that Hurricane Irma has passed Miami and surrounding areas! Foundation Mortgage is open and available for any and all questions you may have about your current home or a new home. Call or email us for more information on how we can help you attain disaster relief assistance! #hurricaneharvey #hurricaneirma #hurricaneseason Here are some links that may be useful to you: CHECK OR REPORT A POWER OUTAGE: https://www.fpl.com... COMMUTER INFORMATION: https://fl511.com MIAMI AIRPORT UPDATES: http://www.miami-airport.com FT. LAUDERDALE AIRPORT UPDATES: http://www.broward.org/airport/Pages/Default.aspx GENERAL RESOURCES FOR MIAMI: http://miamidade.gov See more

Here are some tips and checklist to help you prepare for hurricane Irma from the National Weather Service. http://ow.ly/2NiE30eVcyd

What is an Adjustable Rate Mortgage and is it right for you? Visit our website for 5 questions you should ask yourself before considering an ARM! http://ow.ly/9KKf30eKNhE... www.ScottJones.FoundationMortgage.com

Foundation Mortgage Corporation Our hearts go out to all of those affected by the unfortunate disaster of #hurricaneharvey If you want to know how you can help, click on the links below. You can make a financial contribution or you can also donate blood. Let's work together and help those who are in need of our support! ... http://www.redcross.org/index.jsp https://www.redcross.org/donate/hurricane-harvey

Read step #5 of our first time home buyer guide before making an offer on your dream home! http://ow.ly/T5H130eKNoW www.ScottJones.FoundationMortgage.com

Foundation Mortgage Corporatation - Scott Jones If you're looking to refinance your home, check out our list of do's and don't before you do! http://ow.ly/DZTb30eAMa3

Purchasing an investment property can make you feel uneasy! Try the below formula to determine your return on initial investment to settle those nerves. [Net Monthly Income] X 12 months = Annual Income [Down Payment] + [Closing Costs] + [Renovations/Upgrades] = Total Initial Investment ROI = [Annual Income] / [Total Initial Investment] X 100%... www.ScottJones.FoundationMortgage.com

Foundation Mortgage Corporatation - Scott Jones HARP stands for the Home Affordable Refinance Program. It was created by the government in response to the housing crash to assist underwater homeowners take advantage of low market interest rates and refinance even though there was no equity in their home. Are you eligible for a HARP loan? Check our list at www.FoundationMortgage.com or give us a call at 855-313-6066!

Foundation Mortgage Corporatation - Scott Jones Qualifying for a jumbo mortgage is not unlike qualifying for a non-jumbo mortgage. You will need to meet credit, income and asset requirements and submit appropriate documentation to back up the information on your mortgage loan application. Visit my website for more information on the jumbo loan guidelines. www.ScottJones.FoundationMortgage.com

Foundation Mortgage Corporatation - Scott Jones The U.S. Department of Veterans Affairs created a military service person loan guarantee program in 1944 to enable active and returning military service members & their surviving spouses to purchase homes in cases where private financing is not generally available and help our service members realize the dream of home-ownership with no down-payment. Contact us for more information on how we can help you with a VA loan!... www.ScottJones.FoundationMortgage.com

Foundation Mortgage Corporatation - Scott Jones A Seller Credit to Closing Costs can be a valuable negotiating tool and is commonly included in Offers made by First Time Home Buyers. The wording used when including a Seller Credit to Closing Costs is significant and you should let your Mortgage Banker review the language used and amount of the credit to be given to confirm that it meets lender & loan program guidelines. www.ScottJones.FoundationMortgage.com

Foundation Mortgage Corporatation - Scott Jones Did you Know? Shortening your term pays your mortgage off more quickly & greatly reduces the amount of interest you will pay over the life of the loan. However, paying off your mortgage more quickly increases your monthly payments; making it more difficult to qualify. Let us help you evaluate whether you can afford the increased payments!... www.ScottJones.FoundationMortgage.com

Foundation Mortgage Corporatation - Scott Jones Mortgage Tip of the Day! Most Sellers will not accept an offer without a Pre-Approval Letter & many realtors won’t take you on house-hunting tours without you first being able to demonstrate that you have been Pre-Qualified or Pre-Approved for the price range you are looking to purchase in. ... WWW.ScottJones.FoundationMortgage.com