NMLS: 827889
7643 N. Ingram Avenue Suite 107
Fresno, California 93711
(408) 209-6200
State Licensing Information: CA-DOC827889
As you embark on your homeownership journey, it's important to familiarize yourself with closing costs. These are fees that typically represent 2-5% of your home loan and are a standard part of the process. We're here to demystify closing costs for you, ensuring your...
When purchasing a home, one important step that homebuyers often overlook or delay is getting preapproved for a mortgage. Mortgage preapproval is a service provided by lenders that offers homebuyers a comprehensive understanding of their borrowing capacity, giving...
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.
Kristin made my loan process so easy! If I had any questions, she was quick to respond with the answers. Providing documentation was super easy through the secure portal and I could always see what I had uploaded and what was still needed. I highly recommend Kristin!
It was all about Kristin Lucas, she made our experience with your CO a very pleasant one!
Everything went smooth and worked well to address issues that came up.
Very easy to work with. Gets the job done !
Kristin communicated with us about every detail. She was very professional and paid attention to detail. She is the reason our experience was great!
Kristin is great, very attentive, prompt, and helpful.
Kristin is professional, communicative, transparent & has a sense of urgency that gives the customer certainty that their transaction is important & top of mind! She brings calmness to a process that can be overwhelming & unpredictable. I would recommend her over & over again!
Kristin was SO helpful. We were 1st time home buyers and didn't know much about the process. Not only was so so informative but she also never made us feel silly for asking the questions we did. The process was smoothe and went off without a hitch—WAY faster than we thought was humanly possible.
From the moment we met to the moment we closed ( and even after if needed ) Kristin had been at our finger tips, our personal assistant, our counselor, social worker and now a friend. No matter what we needed, what time we needed her she worked with us and our needs and wants cake first. I would gladly recommend her to everyone we know or just any random person as well. We made a great choice with her and are very pleased . Thank you again to not only Kristin but ro Everyone had to work with us!
Kristin Was super easy to get along with and very thorough in helping me understand the process
Kristin was extremely patient when I had trouble understanding the process. She was then very clear and helpful. She was also prompt with responses. She made me feel secure, comfortable and confident. She was beyond helpful and I’m grateful to have worked with her for our refinance. What I thought was going to be a stressful time was actually smooth and easy. Thank you, Kristin!
Kristin was very understanding with all of our questions, very patient and very very motivated to make things work and figure out solutions. Thank you so much!
Kristin is always available to meet or communicate throughout the loan application process. She is very patient on explaining and answering my questions. She is also very efficient on handling all the documents that are necessary to acquire the loan.
Super helpful, very informative, easy to contact, definitely cares about her clients. Recommend 10/10 times. Thanks for everything Kristin!
Attentive, worked hard, and was always available.
We had a amazing experience. They got the job done fast and stayed with communication the whole time. I would recommend!
Kristin provided exemplary service to both my clients and my real estate team. She took the time to make sure my clients were educated and informed of every process that took place and that allowed a smooth transaction for all parties involved. Thank you Kristin for your commendable conduct and work ethic.
We really loved working with Kristin she went above and beyond the norm to help us and to make it happen!
Kristin is very easy to work with and very helpful. She made the process as easy and painless as possible.
Kristin took the time to explain for me to understand always keeping in mind that this was my first time buying a house.
Kristin always kept me updated about the status of my loan. She really went above and beyond to ensure I was happy!
Kristin is very knowledgeable, and kept me informed during the entire process. She was always available when I needed her. She completed our refinance during the pandemic, a very difficult time to say the least. Extremely impressed.
KRISTIN was very quick and responsive. She had answers to all of our difficult questions and was very professional. You can really see her passion for her job and clients in every encounter. Although we had a few hiccups in our process, she worked all hours to help get the job done. She makes everyone feel like they are a priority. A true pleasure to work with. We will definitely be referring her!
Kristin was knowledgeable and so patient with me as she walked me through a complicated real estate deal! I did not have the experience or vocabulary to communicate in this field, but she tirelessly held my hand and explained everything in a way that was respectful and understanding. I value her expertise and recommend her highly.
Kristin was so wonderful to work with as first time home buyers. She sat down with my husband and I and educated us on the whole process from start to finish. She was easy to get ahold of and was always happy to answer all of our questions. We had to bring our young daughter to all of the meetings and she was so accommodating to her as well. I loved working with Kristin and would recommend her to anyone.
Always available to answer questions, she had detailed explanations on everything I asked. Helped me in every step of the process, promptly responded to emails.
Kristin went above beyond to help answer all my questions and ease my fears as we were buying and selling at the same time and the one we were selling fell out of escrow. She was very creative and helpful and helped us find options to still get our dream home!
Kristin was extremely helpful during the whole process of our home buying experience. We are so grateful to have had her alongside us.
She was extremely friendly and responsive.
Very personable and friendly. Helped make terminology simple and clear. Worked quickly. Clearly explained the process of home buying. Was always available to communicate when needed.
Kristin was awesome. She was super friendly and knowledgeable about our refinance, even when I didn’t understand how it all works. She definitely gives 110% to her job and I’ll definitely work with her again in the future. Thank you Kristin!
Kristen was on top of everything all the time. She offered the best solutions and scenarios for the client and did not look at what would make her the most money. She is honest and hard working. I would highly recommend her and will definitely use her again in the future.
Kristin made the entire refinance experience quick and easy.
Kristin was extremely helpful and worked diligently to make sure my loan process went smoothly. She was kind and always provided feedback in a timely manner. I would highly recommend her to help anyone who is looking for financing!
I appreciated her communication and ability to always help me. No question I asked was too small. Kristen is a true professional and she made a situation that I had no experience in very comfortable and easy.
Kristin is very friendly and helpful, the transaction is very easy and fast.
She was amazing, patient, and always working. Awesome person.
She did a great fob of answering all of our questions. Kept us informed of progress.
Kristin was great to work with. Everything was quick and easy. If I had any questions, she was always available.
Kristin was very organized and on top of everything. We were able to start and finish the entire process quickly and easily.
She explains everything every well and always makes sure you fully understand before she leaves or gets off the phone.
Kristin was able to make my wife and I feel very comfortable and at ease with the whole process. I highly recommend Kristen.
Kristin is friendly and goes above and beyond. She makes you feel heard and supported.
Kristin reviewed all available options and secured the best possible loan. She presented several options. She was very responsive.
Kristin was great. She answered our questions in terms we could understand and was patient. She was available when we needed her and gave us great advice.
This is our 3rd or 4th transaction with Kristin. We love her! We continue to work with her because she communicates well and is quick to respond to any questions or issues that arise. We need more people in society like her. People who do what they say they are going to do and enjoy their profession.
Kristin was very responsive, fast with the transaction, and kind and courteous. Thank you Kristin for making this transaction so easy and for all of your help!
Kristin was easy to communicate with, she answered all of our questions. She worked hard to meet our closing date goal in fact she was able to help us close several days early. We appreciate all her hard work Thank you Kristin and summit funding team. Our home buying experience was great.
Everything went great.
Flexibility and adapt to changes.
You are very knowledgable and very helpful. You were diligent about making sure we understood the loan process. You answered all of our questions. Thank-you, Kristin! You made the refinance process smooth and easy.
Everything was completed in a timely manner. I was only asked for documentation at the time it was needed to keep the process going which saved me time and energy – I didn't have to duplicate efforts. A very flawless transaction.
Kristen was great through the whole process!
Kristin made the process very simple. She was willing to take time explain everything. Additionally, she was easy to stay in communication with, set clear expectations, and had great follow through.
Communication and how quickly how everyone worked together was great!
Kristin is a pro and her team will take care of you!
We have had some horrible experiences with lenders. My husband was very leery to start the process of refi because of bad experiences. We put our trust in Kristin and her team to do our refi, not only were they able to do it, they way over provided. They got our refi done in two weeks and 6 of those days are mandated waiting days. Super easy to work with. Amazing service. Amazing process. I would highly recommend her to Anyone asking. She made my husband a believer in lenders again.
Kristin Lucas is what made it great! Friendly, professional service. Excellent communication, checking in, and updates. Quick responses to questions and requests. Kristin and her team, Missi and Sherry in particular, made it a very personal experience; I never once felt like a file on the desk/computer. This team got my loan funded well before the 30-day deadline.
Kristin made the process very easy and was very helpful!
Process was quick and efficient. Good communication. I asked for specific items for my loan and it was accomplished immediately. Very friendly service and knowledgeable.
Kristin was professional, informative and available throughout the entire process. She was attentive to our questions and needs and made the entire process from pre-approval to funding go very smoothly. I highly recommend Kristin and her team!
Kristin and the entire team were real pros from start to finish. They communicated well on a complicated refinance and made the process as easy as possible. I look forward to working with this team again in the future.
"It's easy, Kristin and the staff at their office.
My wife and I felt like we were working with family.
What a well ran organization, with truly caring and sweet people.
Sadly, we had to close escrow and miss them.
They are the most quick and efficient lending staff I have ever had the experience of working with. Others have been like pulling teeth.
I have not exaggerated in any way on the evaluation
"
Always on top of it and bent over backwards for me and always kept me in the loop very kind and great to work with and got my loan closed days early than expected less than 30 days
Kristin and Missi made our home refinancing experience smooth and easy.
Kristin is very professional and gives great information step by step. I never had to worry what was going on!
Kristin made the process seamless! She was very easy to get in touch with and always to quick to respond any time we reached out. She is extremely kind and professional. Highly recommend! Thank you, Kristin!!
Kristin was absolutely awesome! I will tell all about her!👍😍
"Kristin went above and beyond. Through the beginning to an end she made sure we were the priority, even during her maternity!!!! She was extremely pleasant and professional, always responded to every phone call, email and text instantly. My husband and I really enjoyed working with her. She helped make our first home purchase a positive experience and I highly recommend her for anyone looking to buy a house! We want to thank Kristin and her team for an amazing experience!!!"
Working with Kristin was a great experience. She was everything I needed her to be for my first home purchase. Kristin was available to me any time of the day. She is knowledgeable about loan types AND assistance programs. She communicated this information with me clearly and patiently and answered all of my questions in the same manner. She gave me quite a few options and for each, explained the pros and cons honestly. I have already referred 2 people to Kristin and will continue. THEE BEST!
Kristin was very easy to work with and did a great job, helping us through the process all the way to the completion. Wonderful to work with.
Kristin, was very organized and spent a lot of time explaining every step of the process. She is a true professional.
Kristen was great even though she went into labor half way through our search! She referred us to someone that was just as great as her, thank you Kristen for all your help
Kristin is the best!
Kristin was on top of everything. She was so amazing and made our loan process seamless! In our world today, people who do what they say they going to do is very uncommon. Kristin was the epitome of that statement. She always did what she said she was going to do. She was always available when I had questions and always responded promptly. Our loan process was very smooth and effortless because to Kristin!
Kristin was a pleasure to work with. She kept us informed throughout this entire process. She cares about her clients and we appreciate that!
Kristin was great. She was with us every step of the way. She was always available To answer questions anytime that we needed and kept us updated at every step.
Kristin took care of everything for me while I was working 70+ hours a week. She is honest and trustworthy.
Kristin went above and beyond to help my husband and I through the process of obtaining a loan for our first home. She was accommodating and made our experience personal.
Was very easy to work with did a great job was on top of everything and made my experience very easy thank you very much see you on my next property thank you!