NMLS: 650076
250 American Legion Boulevard
Mountain Home, Idaho 83647
(208) 891-3545
State Licensing Information: GA-650076, ID-MLO-2080650076, NM-650076, OR-650076, WA MLO-650076, WY-106568
As the clock strikes midnight on New Year's Eve, many individuals embark on a journey of resolutions and aspirations for the upcoming year. For some, it sparks the decision to become a homeowner. Owning a home entails a multitude of benefits that transcend the...
The commencement of a new year often marks a time for fresh starts and new beginnings. For homeowners looking to sell their property, this is an opportune occasion to showcase their homes in the best light possible. A well-prepared and visually appealing home has the...
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.
Refinances
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.
ARM Loans
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
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.
Tax Exemption/Deduction
Any statements regarding tax deductions or exemptions are for information purposes only. Always consult a tax advisor regarding your specific tax situation.
Opinions
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.
PMR is not a course provider and does not provide credits for any CE class.
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.
Jimmy and his team were very helpful with the purchase of my home. Everytime I had a question he was right there to help. Very thorough with all the information and the gathering of.
Great service, very personable, super friendly. 10/10 would recommend to anyone needing a great loan officer.
Jimmy and his team were so easy to work with and stress free. I was very impressed with his timeliness and responsiveness. He always answered my questions and made time for me. I would definitely use their services again.
Jimmy was so easy to work with and stress free. I was very impressed with his timeliness and responsiveness. He always answered my questions and made time for me. I would definitely use their services again.
jimmy was great.my situation was very un-orthodox and he walked me through every step 10 stars to jimmy
Jimmy and his team of professionals were all extremely helpful during the entire loan process. From the first day to the closing, Jimmy answered any questions we had and ensured we had a smooth refinance. You cannot find a better loan officer than Jimmy Schipani!
Jimmy and his team were great to work with, and helped me through the process of buying my first home. Every question I had was answered thoroughly and promptly. They helped me through submitting documents online and completing this process without physically being in Idaho.
We had a great experience with Jimmy and team. We couldn’t be any happier with our experience. Jimmy answered all our questions and concerns. Very responsive and kept us informed throughout the process.
Jimmy worked amazing miracles and made everything come together for us perfectly. He was extremely quick and we closed in less than 20 days versus the 2 1/2 months we were told from the credit union. Jimmy was willing to meet at anytime around our work schedule and always answered every question. HIGHLY RECOMMEND JIMMY!!!
Jimmy is the BEST. There really is no comparison. He's stuck with us and was always informing us about every little thing. He was in constant contact. Jimmy answered all of our question at anytime as well. When we upgrade to a new home I will definitely go though Jimmy again.
Efficient, fast, thorough and very helpful. Also I am very satisfied and highly recommend jimmy for all your Refi needs.
I wasn't sure I would qualify for a home loan but Jimmy found the perfect option for me. Being out of state and a 1st time buyer it was hard to find a lender willing to work with me. It was stressful relying on someone you've never met but Jimmy stepped was good at calming my fears and answered all my questions. Couldn't have done it without you! Thanks so much!
Thank you Jimmy for all your help, My wife and I really do appreciate all the hard work you did for us on getting us approved and funded for our new home.
Thank you so much for your help and patience. You went above and beyond what I expected.
Jimmy was very professional did an outstanding job return my calls when I called on time I highly recommend him and Premier Mortgage
A great job we highly recommend Jimmy and premiere mortgage
Jimmy and his team were great. Explained all the steps, sent reminders, and adjusted things quickly. Would definitely work with them again.
Jimmy and his team are amazing, I had a difficult situation and road to navigate in order to be able to refinance and Jimmy and his team let me know what I had to do in order to make it happen and it all came together like they said would once I was able to do a few things to get to that point. Simply put Jimmy and his team constantly fought for me and found a way when nobody else gave consideration to my situation. I just wish I knew about Jimmy and his team first! Look nowhere else because this is the best place in town hands down and will continue to use Jimmy and his team for all of my future needs.
Jimmy and Susie were very helpful throughout our process got everything pushed through quickly. Thank you
Working with Jimmy was such an relaxing and stress free experience. The first thing that I noticed was the openness and transperancy when going over the loan information and process. I never felt overwhelmed or as if I didn't know what I was doing and ifi ever had any issues, I know Jimmy and his team had my back and could get it done. Thank you so much for everything!
This was by far the BEST loan experience we have ever had! Jimmy and his staff were always readily available for the myriad of questions we had and made the process fit our needs.
Jimmy and his team are the best always return calls in a timely manner always ready to help
Jimmy was amazing! Kept us in the loop every step of the way and made sure we got taken care of. I have and would recommend him time and time again!