If you are deciding whether to buy or rent a home, there are several signs that can help you make the decision. By looking for these signs, you may be able to determine if it is the right time for you to purchase a house instead of renting one. Here are 5 signs it...
857 Polk Street Suite #100
Twin Falls, Idaho 83301
State Licensing Information: ID-MLO-12323
Premier Mortgage Resources Blog
5 tips for upgrading your home’s porch
Not only will upgrading your porch improve the overall look of your property, but modernizing it may also add value to your home and increase its marketability. Here are five upgrades to consider to your porch. Install Modern Lighting Installing modern lighting on...
Premier Mortgage Resources, LLC is not affiliated with or an agency of the federal government. The material is not provided by, nor has it been approved by the Department of Housing & Urban Development (HUD), the Federal Housing Administration (FHA), or any Government agency.
All information contained herein is for informational purposes only and, while every effort has been made to ensure accuracy, no guarantee is expressed or implied.
This is not an offer to extend credit or a commitment to lend. All loans are subject to underwriting approval. Any programs shown do not demonstrate all options or pricing structures. Not all customers will qualify. Terms, programs, and underwriting policies are subject to change without notice. Some products or loan amounts may not be available in all states. Other restrictions may apply.
By refinancing your existing loan, the total finance charge may be higher over the life of the new loan.
100% Financing Programs
The interest on the portion of the credit extension that is greater than the fair market value of the dwelling is not tax deductible for Federal income tax purposes. You should consult a tax adviser for further information regarding the deductibility of interest and charges.
After the initial fixed-rate period on an Adjustable Rate Mortgage (ARM) loan, your interest rate may increase periodically (annual or semi-annually) according to the market index. If the interest rate resets, your monthly mortgage payment may increase.
Lower rates typically have higher closing costs in the form of discount points.
About HECM (Reverse Mortgage)
At the conclusion of the term of the reverse mortgage loan contract, some or all of the equity in the property that is the subject of the reverse mortgage no longer belongs to you and you may need to sell or transfer the property to repay the proceeds of the reverse mortgage from the proceeds of the sale or transfer or you must otherwise repay the reverse mortgage with interest from your other assets.
We may charge an origination fee, a mortgage insurance premium, closing costs or servicing fees for the reverse mortgage, all or any of which will be added to the balance of the reverse mortgage loan
The balance of the reverse mortgage loan grows over time and interest is charged on the outstanding loan balance.
You retain title to the property that is the subject of the reverse mortgage until you sell or transfer the property and therefore you are responsible for paying property taxes, insurance, maintenance and related taxes. Failing to pay these amounts may cause the reverse mortgage loan to become due immediately and may be subject to a tax lien or other encumbrance or to possible foreclosure; and
Interest on a reverse mortgage is not deductible from the person’s income tax return until the person repays all or part of the reverse mortgage loan
Reduced Documentation loans (No Doc, No Income/No Asset, Stated Asset, No Ratio)
These products may have higher interest rate, more points or more fees than other products that require more documentation, including income documentation.
Any statements regarding tax deductions or exemptions are for information purposes only. Always consult a tax advisor regarding your specific tax situation.
Any opinions expressed within blogs, videos, podcasts, interviews, presentations, or other online content are solely the opinions of the individual/author and do not represent the opinions or policy of Premier Mortgage Resources, LLC.
Texas Complaint-Recovery Fund Notice
CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT http://WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT tel:18772765550.
THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMNT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEB SITE AT http://WWW.SML.TEXAS.GOV.
A very positive and professional loan officer. I will recommend her services to my friends.
Eddee is very professional and very personable. She does everything she can do to make home buying/ refinancing easy and painless for her clients! I highly recommend Eddee for your home mortgage needs.
Everyone has been so nice. They did everything to help me get through this because I live in Utah. Thank you for all your help!
My service was great! I loved how they had powerpoints in the beginning when I started the home loan process because I was unsure of a lot of things since it was my first time buying a house. Eddee was great and super helpful with everything.
I’ve had Eddee for three different transactions and she’s always done her best for me. She is so friendly and caring and never once gave me a feeling of “Im just your loan officer”!
It was a complicated, drawn out process for no fault of Eddie's. However, she stayed with it and persevered. Finally, she got it done. I admire her patience with othr companies that didn't do their work properly.
Through a difficult process because of others not doing their job properly, Eddee preserved. Time and then time again. Very professional. Willing to listen. It seemed as our refi was very important.
Eddee and her team are amazing! Simple, fast and easy! Clear, concise and honest! Seriously, only good things to say about Eddee, her team and the whole experience!
Eddee and her team made this very easy and hassle free! We are so excited to be able to work with them again. Strongly recommend.
Eddee is my GO TO lender! She was helped with me my first home purchase, while working at a different lending company. When it came time for me to refinance, I followed her to Premier because she gave me the best experience the first go around! I wouldn’t choose anyone else! She makes everything stress free and works her tail off to get you the best bang for you buck! I HIGHLY recommend Eddee for all of your lending needs!!
Eddee did our first home finance for us when we bought our home here in Twin Falls, ID. When we decided to refinance this same home loan, she was who we contacted first. She did such a good job for us the first time, that we felt comfortable with seeing what she could do this time. We were not disappointed! She makes it as stress free as is possible and never leaves you hanging. Now the underwriters threw us both a curve or two for some reason, but Eddee helped us get through that as well. In my wife's and my opinion, she is the best!
Eddie did an awesome job. We did our purchase and financing remotely. She was great at communicating and talked us through every step.
Edee is professional and communicates effectively. It was a pleasure working with her on a recent real estate transaction where I was the listing agent. Thank you We're!
Were is professional and consistently communicates in an effective manner. I recently completed a transaction with her as I represented my client as a listing agent. It was a pleasure working with her throughout this transaction!
An absolutely wonderful experience!!! Eddee was incredible to work with. I've heard many horror stories regarding others home buying experiences but ours seemed almost oddly smooth. It was all because of Eddee and her team. It seemed like they were working non stop and communicated so well through the whole process. We would recommend Eddee to anyone and everyone. Thank you to Eddee for such an amazing experience.
Eddee made the entire process easy. She explained everything and clearly had my best interest in mind when determining the right loan for me.
Eddee is the sweetest, most kind hearted person I've ever met. Her sense of humor is great. Most importantly she takes care of what needs to be done and never puts pressure on you unless she needs to. If your looking to buy a home or refinance… this is your woman. Best loan experience ever! Hands down.