Loan Programs
The following is a partial list of programs offered by Premier Mortgage Services with a brief description of the key elements of each. For a complete list of the programs that we offer, please contact us at 435-843-0919.
|
USDA/RURAL
Insured by the U.S. Department of Agriculture these loans offer 0% financing. With no down payment required and closing costs paid by the borrower it is still possible to buy a home with ZERO out of pocket expences. These loans are limited to areas designated as Rural by the USDA.
back to top
FHA Mortgage
Backed by the Department of Housing and Urban Development, this mortgage offers the borrower the ability to put as little as 3.5% down payment. Seller contributions up to 6% of the purchase price are allowed and can be used for closing costs abd discount points.
back to top
VA Mortgages
Backed by the Veterans Administration these loans are reserved exclusively for our nations active military and veterans. These laons offer homeownership with NO DOWN payment required for the Veteran.
back to top
Conventional
Traditional loan programs that usually require 5% down and offer competitive interest rates. Documentation and fair-to-good credit are necessary.
back to top
Investor Loans
Used to finance 1-4 family properties that will be for investment with as little as a 20% down payment.
back to top
Construction Loans
Building a new home can be an exciting prospect - unless you get caught up in a construction loan approval process that is overly complicated and time consuming. With this loan, we will finance up to 90% of the cost of land plus the costs of construction. We offer a one-time fixed rate closing or traditional ARM products.
back to top
Jumbo Loans
Offers 30 and 15 year fixed rate mortgage and competitive ARM products with full document, alternate documentation and limited documentation.
Cash out and No cash out refinance are allowable. Single family detached, Condo's, PUD's and single-family second homes can be financed with no prepayment penalty.
back to top
|
|