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...
75-5591 Palani Road #3002
Kailua Kona, Hawaii 96740
State Licensing Information: AZ-662120, HI-HI-662120, CA-CA-662120, ID-MLO-2080662120
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.
Leslie has assisted us with two different home loan type products. Leslie has an excellent knowledge of the Hawaii loan business and is quickly able to help locate a lender and see you all the way through the process to complete a package.
Leslie is the best at what she does. If you have her on your side you will be in great hands. You will never be disappointed in her.
I would recommend Leslie to anyone. Professional, accommodating, and very nice to work with, especially in these troubling times. She made it all happen for us, and we thank her.
Leslie Woods was incredible in all aspects of the purchase of our new home. She held my hand throughout the entire process and made it happen. We are happy campers and very grateful.
Leslie played a huge role in my home purchase, and she played like an all-star! She overcame many obstacles on my behalf through perseverance and creative problem solving. She was always reachable by phone whenever I needed her (which was often). And she was always calm, cool, and collected. Her hard-working ethos and aloha spirit leave me eternal grateful! 5 out of 5 stars!!!
Leslie helped us by our home and did a great job. We are not the most tech savvy people and yet she was patient and helpful with all of our long distance questions. We would definitely recommend her for your lending needs!
Leslie helped us purchase our home and, more recently, refinance our mortgage. Both experiences were very positive. The process was easy and efficient, Leslie was always available to answer questions, and we appreciated being able to do everything from our home. She is knowledgeable and very easy to work with.
Leslie Woods was wonderful, leading us through what could have been a rather complicated process. She helpfully advised us with information so that we could confidently put in house offers. My wife and I have bought our fair share of houses and condos in the past, and this has to be the best mortgage-application experience we have ever had. Mahalo nui loa!
Leslie is an experienced loan officer who is able to keep you abreast of the whole process.
Excellent working with Leslie! She's on it and was always responsive and reliable.
Leslie was amazing and very professional. I will use her for any and all of my future financing needs.
Thank you Leslie for making our loan approval process super easy. You answered questions when others wouldn't!
Leslie is the ONLY choice for loans on the Big Island. She was extremely timely, razor-sharp in her responses, and came from a huge place of "let's get this done". She knows all parts of the process and is an expert at getting things unstuck. She even walked me through a 100 page document so I could pre-sign it and streamline the final loan approval while I was signing it off island. Literally amazing customer service and attitude. I cannot recommend Leslie strongly enough!
Leslie was able to solve any issue that came up and walked me through every step. I had total confidence in her and she was available to answer any question I had.
Leslie gave absolutely the best and timely advice throughout the entire loan process. She answered emails promptly, and called me when time was critical. She took initiative to get through bottlenecks with the escrow company, and really was the sole person who was on my side throughout. I would highly recommend Leslie to anyone who is looking for a home loan.
Leslie and her team went above and beyond to make our purchase as seamless as possible. Our situation was a bit complicated and she made sure it all worked out. Thank you!
Leslie and her team were very responsive in handling our loan and any questions we had. She also worked well with our realtor and the title company. It all went very smoothly!
Leslie is a godsend! Professional & responsive, she and her team handled my transaction flawlessly. Her experience and insights resulted in my getting a loan that was perfectly suited for my situation. Highly recommend!
Leslie Woods made our loan process as simple as possible. We were able to quickly secure funding for our new home at a fair market rate. I will certainly ascertain Leslie's service to secure another mortgage in the future, and would recommend her services to others as well.
From the first day we spoke, Leslie was congenial, professional and knowledgeable. She thoroughly explained each step of the loan process and the timeline to approval.
We highly recommend Leslie and her team for your home loan needs.