OVER 25 YEARS MAKING COMMUNTIES
OVER 25 YEARS MAKING COMMUNTIES ABOUT US We create inspiring new places to live. By being innovators in our industry, by giving you more and by caring for the world around us. For over 25 years, we’ve built homes that make everyday life richer and more sustainable, with enviable designs where smart space planning and quality building meet.
LIVING OUR WORK We’ve built more than 20,000 beautiful new family homes across top communities in Houston, Austin, and San Antonio, Texas, and we have more than 10,000 new homes on the way. For us, life revolves around giving our best, thinking differently and treating every single person with respect. This attitude has helped us grow to one of North America’s largest homebuilders. Beyond this, it drives our ability to make a positive impact.
LOVING OUR ROOTS We opened our doors in 1993. But our story begins long before that. Our founders’ families have contributed to the development of Southwestern Ontario and the Greater Toronto Area since the 1960’s. With this solid foundation, we’ve created a company that loves to dream big, so that the best ideas can become better realities.
PIONEERING GREENER LIVING Energy efficient homes should be more than just an option. They should be the norm. Energy savings every month and peace of mind are the two most important benefits a homeowner can count on when they buy an Environments for Living® certified home. A home certified by Environments for Living® is a high performance home that’s better for you and the environment. Better insulation, airtight construction, and efficient systems all translate to a more comfortable home. The best part is, your energy bills will be lower and that means greater cost savings to our homeowners, not to mention a smaller carbon footprint.
PEACE OF MIND Empire prides themselves on a high standard of quality when building your home. It’s important that all our homes meet a certain level of standards and come with an industry stamp of approval. All Empire homes are inspected by DPIS Engineering, the industries leader in Quality Assurance covering engineering, energy, inspection and quality assurance for building construction.
ATLANTA DIVISION | 5775 Glenridge Drive, Bldg D, Suite 350 | Atlanta GA 30328 | 770-541-5250 | www.empirecommunities.com
OVER 25 YEARS MAKING COMMUNTIES DESIGN-MADE-EASY Let the experienced Wisenbaker Design team guide you through the process of designing your home just the way you imagined. The extensive Design Center offers the latest in design trends with lots of options and ideas to make your house a home.
THE DESIGN EXPERIENCE The Wisenbaker Design Studio showcases vignettes, displays and upgrades, which allows you to touch and feel your personal selections. To make the most of your experience you will have two appointments. The first is your opportunity to become familiar with all the offerings, and the second appointment will be when you will finalize all your selections.
A MORE EFFICIENT PROCESS Our one-on-one selection appointments happen from Monday to Friday during business hours. The knowledgeable Wisenbaker Design staff will be on hand to assist you with all your questions and design needs.
ATLANTA DIVISION | 5775 Glenridge Drive, Bldg D, Suite 350 | Atlanta GA 30328 | 770-541-5250 | www.empirecommunities.com
OVER 25 YEARS MAKING COMMUNTIES HALCYON-ALPHARETTA from the high $400’s to $600’s Whether you are drawn to nature, are seeking a top Alpharetta address or simply want to be in an area where you can dine, relax, exercise and kick back all in one, you’ll find your place in Halcyon. Empire Halcyon presents a new opportunity to define community in Alpharetta. An upbeat and idyllic 135-acre gathering place, Halcyon offers an innovative alternative to traditional mixed-use developments with open-concept floor plans and comfort-driven details that encourage an active, healthy lifestyle.
ATLANTA DIVISION | 5775 Glenridge Drive, Bldg D, Suite 350 | Atlanta GA 30328 | 770-541-5250 | www.empirecommunities.com
OVER 25 YEARS MAKING COMMUNTIES ALBRIGHT-ATLANTA from the $400’s Tucked away at the crossroads of Smyrna and Vinings, Albright offers the chance to own a new home with a top Atlanta address. While Albright residents will enjoy close proximity to all that Vinings and intown Atlanta have to offer, the community itself offers an intimate retreat from the city. Albright will be comprised of only 29 homesites with a sleek streetscape and a modern neighborhood feel.
ATLANTA DIVISION | 5775 Glenridge Drive, Bldg D, Suite 350 | Atlanta GA 30328 | 770-541-5250 | www.empirecommunities.com
OVER 25 YEARS MAKING COMMUNTIES BIXTON-ATLANTA from the high $400’s At the crossroads of Kirkwood, East Lake and Oakhurst comes Bixton, a contemporary new community that’s unmatched in connectivity. From amenities that enhance the intown-living experience to modern homes with inspired designs and urban art installations woven into the very fabric of the community, at Bixton, you can delight in living the life you’ve always imagined. Life at Bixton means never being far from what you need, whether it be the conveniences that come with close proximity to Kirkwood, Oakhurst and East Lake, or the curated amenities that make community life thrive. Bixton is defined by its “Backyard,” a common park space in the center of the neighborhood with space to play with your kids, let your dog run around, enjoy the community garden and surrounding urban art or simply kick back and relax the day. And when the thrum of the city is calling your name, find easy connectivity to First Avenue via Bixton’s #StairwayToHosea and East Lake via the Eastwood Tunnel.
ATLANTA DIVISION | 5775 Glenridge Drive, Bldg D, Suite 350 | Atlanta GA 30328 | 770-541-5250 | www.empirecommunities.com
OVER 25 YEARS MAKING COMMUNTIES LARKSPUR-ALPHARETTA from the low $400’s Welcome to a community where you can live as you’ve always imagined. Where you can begin your next chapter away from the bustle of the city without compromising on connectivity. Where nature thrives and the great outdoors extends to more than just your backyard. Welcome to Larkspur. Modern ranch-style homes set against an idyllic backdrop of creeks, ponds and nature trails make Larkspur a community of unparalleled natural beauty — here, you can enjoy a more relaxed lifestyle with modern conveniences located within the neighborhood. Tend to tomatoes in the community garden or exercise with a walk around the willow pond. Chat with neighbors between verandas or get competitive during a game of pickleball. Whether you’re drawn by the outdoor-inspired lifestyle, ranch-style living or impressive home designs, at Larkspur, you have the comfort of knowing we’ve thought of everything so that you don’t have to.
ATLANTA DIVISION | 5775 Glenridge Drive, Bldg D, Suite 350 | Atlanta GA 30328 | 770-541-5250 | www.empirecommunities.com
OVER 25 YEARS MAKING COMMUNTIES HARLOW-ALPHARETTA FROM THE LOW $400’S to $600’S Just down the road from Old Roswell and inspired by historic Charleston, Harlow is a fresh and energetic interpretation of the past. There’s a familiarity in the architecture of the homes — warm brick that seems like it’s been there for decades, porches that beg for a rocking chair and sidewalks that entice evening strolls. Harlow is truly one of a kind, and while you may be in the Atlanta suburbs, this community is anything but suburban. Harlow has been purposefully designed to create a new kind of lifestyle. There’s no other community in the area that compares to Harlow in scale, design or amenities. This is where neighbors can effortlessly connect – hosting happy hours on their porches, practicing yoga on The Green or spending Sunday afternoon’s enjoying the area’s latest food trucks just outside of Harlow Hall. Discover a new style of Alpharetta living in Harlow.
ATLANTA DIVISION | 5775 Glenridge Drive, Bldg D, Suite 350 | Atlanta GA 30328 | 770-541-5250 | www.empirecommunities.com
About Us
Office 404-750-4875 Direct Lender - In-House Processing In-House Underwriting means faster loan approvals and higher pull through.
Communication
We communicate throughout the loan process, explaining it clearly, while educating you on the product choices that fit your individual needs.
Experience & Integrity
Over 100 years of combined residential lending experience, Element Funding will seamlessly guide you through the home buying process.
Customer Service
We are committed to providing excellent customer service that you deserve.
“A High Powered Mortgage Company With A Hometown Feel�
About Us About Element Funding a division of Primary Residential Mortgage
Founded in 1998, PRMI is a nationwide lender licensed in
49 states with a funding capacity of one billion dollars. Since 2001, they have maintained an average annual volume of nearly five billion dollars and provides an exceptionally strong foundation. Element Funding, the top division year after year, provides customers with cost benefits, purchasing power and financial stability. Element Funding is one of the Southeast’s fastest growing mortgage lenders. As a well-
Through Element Funding, we offer trust and integrity. Rely on us.
capitalized, full-service mortgage banker, Element offers conventional, VA, FHA, USDA and other mortgage products to best fit your needs. Element Funding works with top builders and agents throughout the Atlanta metro area and assists customers by providing fast approvals, competitive rates and a smooth home financing experience.
Core Values
• Integrity in the loan process • Innovation in products, programs and services • Support for our partners • Caring for the communities we serve • Exceptional customer service
Your Satisfaction
Built upon trust, commitment and dependability, we are dedicated to creating an enduring relationship with you and meeting your needs. As your partner in home financing, your ultimate satisfaction is very important to us.
The Difference
We offer you a skilled team of mortgage experts. • Upfront underwriting within 48 hours of loan submission • Processing and closing within the branch • Operations team together for more than 20 years • Fast closings • Great rates
Loan Products Loan Products Our wide selection of loans helps you win with every client. We offer full-service lending support from start to finish, updates throughout your transactions, great underwriting turn times, and a wide selection of loan products to match your clients with the perfect loan for them!
FULL ACCESS TO THE HOTTEST PRODUCTS Conventional: The “traditional” loan. Low rate, low down payment.
PRMI Choice: Special financing for FICOS® between 500 and 640.
FHA: A great government-backed loan for first-time home buyers or those with higher debt to income ratios.
Renovations Loans: 203K Dream Loan: Loans up to
Adjustable Rate Mortgage (ARM): Start off with a fixed rate for
HUD $100 Down: For eligible properties that only require $100 down on the property.
Jumbo: For larger loan amounts
Investment: For those looking to finance property they don’t plan to occupy, and will rent to others.
a period of time and then turn into an adjustable rate.
-up to $2.5 million.
Refinance: For individuals who
currently own a property and are looking to either improve their financial situation or take out cash from their property’s equity.
$31,000 purchase pricepurchase toward price Loans upabove to $30,000 above home orrepair remodel. towardrepair home or remodel.
VA: A product tailored to individuals
who are serving/have served in the military.
HARP: For homeowners who owe more than the value of their home.
DeAnn Ellis DeAnn Ellis Loan Officer Loan Officer DeAnn Ellis DeAnn Ellis no down payment. Element Funding Element Funding Loan Officer Loan Officer DeAnn Ellis Phone: (678) 2590205 Phone: (678) 2590205 DeAnn Ellis Element Funding Element Funding Officer Cell Phone: (770) 6168042 Cell Phone: (770) 6168042 Loan Officer Loan 2 Year buy down DeAnn Ellis Phone: (678) 2590205 DeAnn Ellis Phone: (678) 2590205 Element Funding Fax: (404)5371846 Fax: (404)5371846 Element Funding Loan Officer Loan Cell Phone: (770) 6168042 Officer DeAnn Ellis Cell Phone: (770) 6168042 Phone: (678) 2590205 DeAnn Ellis deannellis@elementfunding.com deannellis@elementfunding.com Phone: (678) 2590205 Element Funding Fax: (404)5371846 Element Funding Loan Officer Fax: (404)5371846 DeAnn Ellis Cell Phone: (770) 6168042 Loan Officer www.elementfunding.com/dellis DeAnn Ellis • Bank Statement www.elementfunding.com/dellis Cell Phone: (770) 6168042 Phone: (678) 2590205 deannellis@elementfunding.com Phone: (678) 2590205 Element Funding deannellis@elementfunding.com Loan Officer Fax: (404)5371846 Element Funding NMLS #: 148916 Loan Officer NMLS #: 148916 Fax: (404)5371846 FICO® is a registered trademark of Fair Isaac Corporation • Foreclosures Cell Phone: (770) 6168042 www.elementfunding.com/dellis Cell Phone: (770) 6168042 Phone: (678) 2590205 www.elementfunding.com/dellis Element Funding deannellis@elementfunding.com Phone: (678) 2590205 Element Funding deannellis@elementfunding.com Fax: (404)5371846 • Bankruptcy NMLS #: 148916 Fax: (404)5371846 Cell Phone: (770) 6168042 NMLS #: 148916 Phone: (678) 2590205 www.elementfunding.com/dellis Cell Phone: (770) 6168042 Phone: (678) 2590205 www.elementfunding.com/dellis PRMI NMLS 3094. PRMI is an Equal Housing Lender. Some products and services may not be available in all states. Credit and collateral are subject to NMLS 3094. PRMI is an Equal Housing Lender. Some products and services may not be available in all states. Credit and collateral are subjectdeannellis@elementfunding.com to deannellis@elementfunding.com Fax: (404)5371846 Cell Phone: (770) 6168042 NMLS #: 148916 Cell Phone: (770) 6168042 approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. Fax: (404)5371846 The NMLS #: 148916 oval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. The www.elementfunding.com/dellis www.elementfunding.com/dellis content in this marketing advertisement has not been approved, reviewed, sponsored or endorsed by any department or government agency. nt in this marketing advertisement has not been approved, reviewed, sponsored or endorsed by any department or government agency. deannellis@elementfunding.com Fax: (404)5371846 deannellis@elementfunding.com Fax: (404)5371846 PRMIis an Equal Housing Lender. NMLS 3094. PRMI is an Equal Housing Lender. Some products and services may not be available in all states. Credit and collateral are subject to NMLS 3094. PRMI Some products and services may not be available in all states. Credit and collateral are subject to Department of Banking and Finance 6521 a commitment NMLS #: 148916 artment of Banking and Finance 6521 #: 148916 approval. Terms and conditions apply. This is not to lend. Programs, rates, terms and conditions are subject to change without notice. NMLS The www.elementfunding.com/dellis deannellis@elementfunding.com oval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. The www.elementfunding.com/dellis deannellis@elementfunding.com content in this marketing advertisement has not been approved, reviewed, sponsored or endorsed by any department or government agency.
USDA: Rural financing with
Fixed Rate Option:
Alt-Portfolio:
PRMIadvertisement has NMLS 3094. PRMInot been approved, reviewed, sponsored or is an Equal Housing Lender. Some products and services may not be available in all states. Credit and collateral are subject to nt in this marketing endorsed by any department or government agency.
Don’t Do List
DON’T DO LIST
A GUIDE TO PREVENT LOAN DELAYS AND POSSIBLE REJECTION
1
6
DON’T make large non-payroll deposits without checking with your Loan Originator.
DON’T use credit cards excessively, let your accounts fall behind, or increase credit limits.
DON’T open a different bank account.
DON’T apply for any new credit accounts.
3
8
2
7
DON’T change jobs, become self-employed, or quit your job.
DON’T buy furniture or appliances.
4
9
DON’T take any unpaid time off.
DON’T buy a car, truck, van, or other type of vehicles.
DON’T spend money you have set aside for closing.
DON’T co-sign a loan for anyone.
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10
ApplicationChecklist Checklist Application NEEDS LIST
Loan Application Documents Needs List
ALLALL BORROWERS: BORROWERS:
SELF EMPLOYED BORROWERS: SELF EMPLOYED BORROWERS:
SELF EMPLOYED ALLW-2’s BORROWERS: m W-2’s for for lastlast two m Copies ofBORROWERS: most years taxwith returns m twoyears years m Copies of most recentrecent 2 years2tax returns all with all Copies of most recent 2 years tax returns with all schedules W-2’s for last two years m Most current paycheck stubs schedules including K-I’s if applicable m Most current paycheck stubs schedules including K-I’s if applicable including K-I’s if applicable Most current paycheck stubs m Checking and Savings account statements to m Current Currentprofit, profit, lost statement, and balance sheet statement, balance sheet Checkingand and Savings account statements to include all m Checking Savings account statements to m Currentlost profit, lossand statement, and balance sheet include all pages even if blank (last 2 months) m Copy of corporate/partnership tax returns most Copy of corporate/partnership tax returns for most for recent pages even if blank (last 2 months) include all pages even if blank (last 2 months) m Copy of corporate/partnership tax returns m Quarterly Quarterlyoror semi-annual statements for checking, recentperiod 2-year period25% if owning or more of of for 2-year if owning or more 25% of company-copies semi-annual statements for checking, savings, m Quarterly orIRA’s, semi-annual statements forprofit checking, most period1099 if owning W-2’s and/orrecent 1099 forms IRA’s, CD’s, money market funds, stocks, 401K, sharing savings, CD’s, money market funds, stocks, company-copies of2-year W-2’s and/or forms 25% or more of etc. 401K, IRA’s, profit sharing etc. savings, CD’s, money market funds, stocks, MISC. company-copies of W-2’s and/or 1099 forms REQUIRED DOCUMENTS: MISC. REQUIRED DOCUMENTS: Copy ofoffully executed salessales contract m Copy fully executed contract 401K, profit sharing m Relocation Relocation Agreement if financed by employer, Agreement if financed by employer, i.e.buyout Employment history foretc. last two years m Employment history for last two years i.e.buyout agreement plus outlining documentation agreement plus documentation company, outlining and paid Residency for last sales two years complete with landlord m Copy of fullyhistory executed contract MISC. REQUIRED DOCUMENTS: m or Residency history for last information two years complete with closing costsand benefits mortgage company contact company, paid closing costs benefits m Employment forcompany last when twocontact years m Agreement ifneed financed by employer, i.e.buyout landlord earnest orhistory mortgage copies of petition for bankruptcy Canceled money check it clears information m Previous Previousbankruptcy, bankruptcy, need copies of petition for and including schedule outlining company, m Residency history last two years complete with discharge, agreement plussupporting documentation security card for and driver’s license for all m Social Canceled earnest money check when itborrowers clears and bankruptcy and discharge, including supporting Divorce Decree signed by judge if applicable non-purchasing spouse m Social security card and driver’s license for all landlord or mortgage company contact information schedule and paid closing costs benefits Documentation supporting moneys received from social Tax returns from past two years spouse borrowers andthe non-purchasing m Divorce Decreebankruptcy, signed by judge if applicable m Canceled earnest money check when it clears m Previous need copies of petition for security/retirement trust income, i.e. direct deposit bank Copy of Note, Deed of Trust, Settlement Statement, and m Tax returns from the past two years m Documentation supporting moneys received statements, awards letter, evidence of income Survey if refinancing. m Social security card and driver’s license for all bankruptcy and discharge, includingfrom supporting m Any Copy of Note, Deed ofpayment, Trust, Settlement assets used for down closing cost,Statement, cash social security/retirement trust income, i.e. direct borrowers and non-purchasing spouse by a paper DOCUMENTS schedule and Survey refinancing. FORstatements, VA LOANS: awards letter, evidence of reserves, and if large deposits must be documented deposit bank Original Certificate of Eligibility and copy DD214ifCertificate trail. m Any assets used for down payment, closing m Tax returns from the past two years m Divorce Decree signed by ofjudge applicable income of Release or Discharge from Active Duty Copiescost, of sold properties if paidand off mortgage in last two years cash reserves, large deposits must m Copy of Note, Deed of Trust, Settlement Statement, DOCUMENTS m Documentation supporting moneys Name and address of nearest FORliving VArelative LOANS: received from be documented by a paper trail. and Survey if refinancing. social security/retirement trust income, i.e. direct m Original Certificate of Eligibility and m Copies of sold properties if paid off copy of DD214 Certificate of Release or Discharge m Any assets usedmortgage for downinpayment, closing deposit bank statements, awards letter, evidence of last two years from Active Duty cost, cash reserves, and large deposits must be income m Name and address of nearest living relative documented by a paper trail. m Copies of sold properties if paid off mortgage in DOCUMENTS FOR VA LOANS: last two yearsCopyright 2017 All Rights Reserved | Brad Roche, NMLS ID#135191. m Certificate of Eligibility and copy of DD214 |Original Element Funding | www.nmlsconsumeraccess.org North Carolina - Mooresville - Commissioner of Banks, Mortgage Lender License, L-112833-194 South Carolina - Mooresville NC Branch - Dept. of Consumer Affairs, MLB-1298133 OTNof #1, Board of Financial Institutions m Certificate Release or Discharge from Active Duty m Name and address of nearest living relative
The Mortgage Process Mortgage Process
The Mortgage Process, The Mortgage Process, Step by Step Step by Step
Before you purchase a home, get acquainted with the basics of the home loan process. Follow these steps to Before you purchase a home, get acquainted with the basics of the home loan process. Follow these steps to familiarize yourself with common terms and milestones, and for a smoother overall buying experience. You’ll be familiarize yourself with common terms and milestones, and for a smoother overall buying experience. You’ll be glad you did! glad you did!
Preapproval:
Preapproval: A preapproval you know in advance howcan much home can afford. A preapproval helps you know inhelps advance how much home you afford. Toyou start, you may To be start, askedyou to may be asked to complete a loan Completing application. this Completing will also increase your power negotiating complete a loan application. step will this alsostep increase your negotiating whenpower makingwhen a making a purchase offer. purchase offer.
Documentation: Paperwork supporting application must submitted, which includes income Documentation: Paperwork supporting thethe application must alsoalso be be submitted, which includes income
and and asset asset documents. documents.
The Hunt:Begin Beginshopping shoppingforfora ahouse. house.Once Onceyou youfind findthe theright rightone, one,the theterms termsofofthe thesale salewill willbebenegotiated, negotiated, The Hunt: including the the price price and and potentially potentially the the terms terms of of the the loan loan being being sought. sought. A A professional professional real real estate estate agent agent can can make make including this part of the process fun and less frustrating. this part of the process fun and less frustrating.
Inspection and Appraisal: Lenders require an appraisal and may require certain inspections on all Inspection and Appraisal: Lenders require an appraisal and may require certain inspections on all
home sales. By knowing the true value of the home, the borrower is protected from overpaying. During this time, home sales. By knowing true value the home, the borrower is protected from overpaying. During this time, a title examination is alsothe performed to of determine whether any liens exist on the property’s previous owners. a title examination is also performed to determine whether any liens exist on the property’s previous owners. Loan Decision: The loan is approved or declined. A conditional loan approval may bemay contingent on additional Loan Decision: The loan is approved or declined. A conditional loan approval be contingent documentation or actions. In some casesInasome counter approval may approval be provided alternative loan options. on additional documentation or actions. cases a counter maywith be provided with alternative loan options. Closing: All final loan and escrow documents are signed. The lender confirms and completes the transaction Closing: All finalloan loanfunds. and escrow documents are signed. The lender confirms with the necessary and completes the transaction with the necessary loan funds.
If you know has has questions regarding the If you youororanyone anyone you know questions regarding the home loan I’mI’m happy to help. Get inGet touch home loanprocess, process, happy to help. in today. touch today.
About Patty As a Sales Leader with Element Funding, Patty has the distinct pleasure of leading a team of mortgage loan originators who help people get into the homes of their dreams and improve their financial situations through refinancing.
Patty Murray Mortgage Loan Officer | NMLS #1868851 Office: 404-750-4875 Cell: 808-859-2629 Fax: 678-701-1545 pmurray@elementfunding.com www.elementfunding.com/pmurray 3480 Preston Ridge Road, Ste 150 Alpharetta, GA 30005
Prior to joining Element Funding, Patty worked for large fortune 500 companies and one of the world’s largest financial institutions, partnering with senior leadership in the recruiting, selection and development of top talent, specializing in coaching and cultivating high-performing sales teams. With over 20 years of sales and leadership experience in the financial industry, Patty has been recognized as a driven, collaborative, personable key contributor and leader with a proven ability to develop motivated, high performing sales teams. She understands talent is an organization’s number one resource and is widely known for her ability to drive vision and purpose, attract and develop top talent, and drive results. Patty continues to grow as a leader who produces highly successful teams, is DiSC certified as well as a Certified Professional Coach. When Patty’s not working to grow the team or helping members of the community secure financing for new homes or refinances, she enjoys spending quality time with her family. She enjoys traveling, spending time near the water or listening to live music.
YOUR DAILY LOAN STATUS YOUR DAILY LOAN STATUS REPORT REPORT FROM TEAM BLAIRSMILES
FROM PATTY MURRAY Ordered/Received
Enjoy your coffee... and your Daily Status gram.
Application date: Income docs Requested Income docs received Sales Contract received Loan Docs Sent Loan Docs Received Appraisal Ordered Appraisal Received Title Ordered Title Received File in Set up File in Processing File in U/W Conditions from u/w Conditions sent to u/w Cleared to close Closing Date:
Comments:
Element Funding | 5617 HWY 153 | Suite 201 | Hixson, TN 37343 | 423.451.4814 NMLS# 3904 | Equal Housing Lender
www.elementfunding.com/pmurray | 808-859-2629 Patty Murray Mortgage Loan Officer | NMLS #1868851 Office: 404-750-4875 Cell: 808-859-2629 Fax: 678-701-1545 pmurray@elementfunding.com www.elementfunding.com/pmurray 3480 Preston Ridge Road, Ste 150 Alpharetta, GA 30005
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. Credit and collateral are subject to approval. Terms and conditions apply. Programs, rates, terms and conditions are subject to change and are subject to borrower(s) qualification. This is not a commitment to lend. Georgia Department of Banking and eFinance 6521. NMLS# 1868851
Moving Checklist MOVING DAY___________ START TIME____________
Book truck and/or movers Arrange child care for day of move
Arrange pet care for day of move
PACKING Purchase and/or collect boxes Get bubble wrap, newspaper/
tissue and packing tape
Print labels for boxes or have a thick black marker on hand
Collect giveaway items to donate Purge unneeded items Keys Stanley Knife
PERSONAL ITEMS Daily medications Toiletries First aid kit Baby needs Pet needs Change of clothes Phone chargers Radio HOUSEHOLD Toilet Paper Soap (dish, laundry, etc.) Cleaning kit Bed linen Towels Pillows
CHANGE ADDRESS Post office Government Veterans Administration Library Friends and Family Banking (order new check book) Insurance Doctor Dental School Place of Employment Cell phone Credit Card Subscriptions (magazine,
newspaper etc.)
SERVICES TO DISCONNECT AND/OR TRANSFER Cable Internet Phone Electric Alarm Gas Water Sewer Trash & Recycling Toll Pass
CONTACT Lawyer Accountant Broker Hair Stylist Dry Cleaner House of Worship REGISTRATION Driver’s license Vehicle registration Electoral roll Medicare Organ donation register Loyalty program CLUBS Health & fitness County Club MISCELLANEOUS Cleaning arrangements Change locks on new home Schedule needed maintenance Save all moving receipts Meal plan for first few days
Reviews Everyone at Element Funding who assisted us on our loan was extremely helpful and professional. Things were moved up and you guys stepped up to the plate big time. We truly appreciate all you have done to get us into our first home. Thank you so much!!!
T. Jones
Wonderful team and experience in purchasing our new home. Everything was on time and couldn’t have been more professional and thorough.
E. Brown
We were a first time buyers and The Element Funding team did a great job on getting our home by helping us in every step on the way. We are thankful to have them as our lender. Thank you very much to make our dream come true.
L. McKenzie
We were very nervous about purchasing our first home and we had MANY questions but our team at Element Funding were always available to answer our questions and respond in a timely manner. Thank you for making such a big decision so easy for us!!
J. Wright
We really appreciate how professional everyone was and how quickly any issues or concerns were addressed. The process was extremely smooth and the Tuesday updates were great!. If we hear of anyone needing your services, we will definitely be referring them to you. Thanks for everything!
M. Stearling
I was impressed with your fast turnaround in the underwriting process. I think the fact that your website allowed for uploading helped tremendously.
F. Wallace
I truly appreciate the personal touch the Concierge provided to this experience. They were great to work with, and answered my MANY questions in a timely manner. I already have, and will continue to, refer anyone I talk to that is going through a home purchase or re-finance to your company.
W. Gardner
Frequently Asked Questions Top 10 Mortgage Questions Answered WHAT IS A PRE-APPROVAL LETTER AND WHY SHOULD I GET ONE?
The lender issues an approval that states the lender agrees to provide a mortgage to a homebuyer. Commitment letters help you set realistic goals while your house hunting, provide the same negotiating ability as a cash buyer, and enable you to move quickly once the perfect home is found.
WHAT DOES IT MEAN TO WAIVE ESCROWS?
When you waive escrows, you take the responsibility of paying your taxes and insurance rather than having them included in your monthly payments. Waiving escrows may add a small fee to your closing costs. You can only waive escrows on Conventional loans and when the loan to value is 80% or less.
HOW DOES FOR SALE BY OWNER (FSBO) WORK?
Homeowners trying to sell their home without agent representation are hoping to save on commission costs. Most times the homeowner will work with an agent since the agent is introducing a potential buyer to the property.
WHAT IS PITI?
PITI is the principal and interest on the loan, plus the monthly amount for property taxes and insurance (the components of a monthly mortgage payment). This combined figure is used for determining a payment you may be able to afford.
WHAT ARE POINTS OR ORIGINATION FEES?
One point is equal to 1% of the loan amount. Points and origination fees are to buy down the interest rate and are tax deductible on purchase transactions.
WHAT IS PRIVATE MORTGAGE INSURANCE AND IS IT MANDATORY?
PMI is insurance required to cover the lender on a Conventional loan should the borrower default on the home. Eliminate PMI by having a down payment of at least 20% or by obtaining a second lien with an 80-10-10 or 80-15-5 program from another lender. Second lien programs result in two separate payments, one per lender.
WHY DID I RECEIVE LOAN ESTIMATE AND CLOSING DISCLOSURE FORMS?
The Loan Estimate form received within three business days after submitting a loan application will help consumers understand key features, cash to close, monthly payment, and mortgage related risks. The Closing Disclosure form provided three business days before the closing date will help consumers understand and verify the cost of the transaction.
WHAT IS THE DIFFERENCE BETWEEN FHA AND VA LOANS?
The Federal Housing Administration guarantees an FHA loan. FHA issues specific guidelines for mortgages. The Veterans Administration guarantees VA loans. VA loan borrowers must have served in the Armed Forces.
WHAT INSPECTIONS DOES THE LENDER REQUIRE?
A termite report is required on VA appraised transactions. Any infestations must be treated. If the Appraiser mentions or recommends repairs in the Property Appraisal, full repairs will be required before closing.
WHEN WILL I FIND OUT MY FINAL TOTAL COST TO CLOSE?
The lender will prepare the Closing Disclosure detailing the closing figures. After reviewing this statement, you will know your cash to close.
Home Mortgages A Touch Above The Rest.
Patty Murray Mortgage Loan Officer | NMLS #1868851 Office: 404-750-4875 Cell: 808-859-2629 Fax: 678-701-1545 pmurray@elementfunding.com www.elementfunding.com/pmurray 3480 Preston Ridge Road, Ste 150 Alpharetta, GA 30005
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. Credit and collateral are subject to approval. Terms and conditions apply. Programs, rates, terms and conditions are subject to change and are subject to borrower(s) qualification. This is not a commitment to lend. Georgia Department of Banking and Finance 6521. NMLS# 1868851.