Premier Mortgage Loan Application

Second Mortgages

  • HOME EQUITY CREDIT LINES (1359 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 RATES (616 downloads)
    If you have a fixed-rate loan, the interest rate is set for the life of the loan. However, many companies offer variable rate mortgages, also known as adjustable rate mortgages or ARMs. These provide for periodic interest-rate adjustments. If
  • LENGTH OF SECOND MORTGAGE (649 downloads)
    Some second mortgage loans may extend for as long as 15 or 20 years; others may require repayment in one year. You will need to discuss the repayment terms with us and select one that offers terms that best suit your needs. For example,
  • LOAN COSTS (614 downloads)
    Premier Mortgage Group may charge you a fee for lending you money. The fee is usually a percentage of the loan and is sometimes referred to as “points.” One point is equal to one percent of the amount you borrow. For example, if you
  • PAYMENT CALCULATIONS (651 downloads)
    Be sure you understand how much your monthly payments will be and what they cover. Premier Mortgage Group will be able to give you this information in advance. With some loans, you will be required to make monthly payments on