Premier Mortgage Loan Application

Loan Programs

  • ADJUSTABLE RATE MORTGAGES (ARM) (1399 downloads)
    These loans generally begin with an interest rate that is 2-3 percent below a comparable fixed rate mortgage, and could allow you to buy a more expensive home.
  • CHOOSING A MORTGAGE PROGRAM (1722 downloads)
    There isn’t a single or simple answer to this question. The right type of mortgage for you depends on many different factors:
  • FIXED RATE MORTGAGES (2057 downloads)
    The most common type of mortgage program where your monthly payments for interest and principal never change. Property taxes and homeowners insurance may increase, but generally your monthly payments will be very stable.
  • HOME EQUITY CREDIT LINES (1428 downloads)
    If you need to borrow money, home equity lines may be one useful source of credit. Initially at least, they may provide you with large amounts of cash at relatively low interest rates and they may provide you with certain tax advantages
  • INTEREST RATE BUYDOWNS (626 downloads)
    The most common buydown is the 2-1 buydown. In the past, for a buyer to secure a 2-1 buydown they would pay 3 points above current market points in order to pay a below market interest rate during the first two years of the loan.
  • INTRODUCTORY RATE ARM’S (1242 downloads)
    Most adjustable rate loans (ARMs) have a low introductory rate or start rate, some times as much as 5.0% below the current market rate of a fixed loan. This start rate is usually good from 1 month to as long as 10 years. As a rule the
  • STANDARD ARMS AND THE DIFFERENCES (1251 downloads)
    A few options are available to fit your individual needs and your risk tolerance with the various market instruments.