NMLS: 2122699
401 SE 3rd Street
Lee's Summit, Missouri 64063
(816) 554-0600
State Licensing Information: KS-LO.0012802, MO-2122699
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.
Marcus Arnone is an excellent guy and did an amazing job in helping us to find our beautiful home.He is so intelligent and help us all the way from the processing of paperworks that we need and get our house within 3 weeks. I will recommend him to anyone that looking for an house/home. Thank you Marcus…You rock and went above and beyond of what you do!!!
just wanted everyone to know my experience with Marcus. all I can say is he made sure everything went smooth sailing walked us through every little step of the way. he was on everything instantly we didnt have to sit around and wait and keep calling like other companies. he always had answers within mins so that was a huge deal for me. all and all he is great to work with and will find anyway that he can help get you a new home. The experience was great because it moved so fast we looked bought and closed all in a month it's crazy how fast it went. So yes I give him a 100/10 stars and we are buying another house through him. Again Thank You Marcus!!!
Marcus literally set the bar for “above and beyond.” It really seemed as though he never stopped working to make things happen for us. He truly cared that every aspect of our refi was best for us. He also set the bar for efficiency. These processes can be long and drawn out. Marcus did everything in his power to speed up our process but only because that was our preference. On the flip side of that, if we wanted extra time to talk things over or take our time he was all about that too. To put all of this in perspective, Marcus was so detailed and thorough throughout the process, it took longer to drive to closing than to actually close. And we live close. Why? Because Marcus answered any and all questions we had prior to closing day. We literally had no surprises and knew exactly what we were doing. Marcus is truly someone trying to get the best deal for his customer and not just looking to make a quick buck. I could not recommend him more. Fantastic experience. First class service. ⭐️⭐️⭐️⭐️⭐️
Marcus Arnone processed my Refinance with efficiency, accuracy and promptness.
You can trust him getting you the best price available.
He makes you feel like family!
Marcus went above and beyond to help me refinance. I didn’t understand a lot of the aspects of it,he was so patient w me explaining things more than once I would have never gotten through this process w o him or w someone else. I had never done this before and he did not leave one stone unturned on doing everything possible for me so patient. I really appreciate him and would recommend him to anyone looking to refinance again he’s the best!!!!!!!
Marcus has gone above & beyond for my husband and me! He literally made things happen & made them happen fast! I’ve never had an easier, smoother loan process before using him. If you are interested in financing or refinancing a home, reach out to Marcus! Even if you think you won’t qualify, he is FULL of knowledge and will make sure he uses every bit of it to your advantage!! Literally can’t say enough good about this guy! Just call him if you’re in the market! You won’t be disappointed!!
I’m wanted to take a minute and share my amazing experience with Marcus Arnone and Premier Mortgage during our family’s recent home purchase.
Marcus’s professionalism, expertise, and dedication were truly remarkable. He guided us through the entire mortgage process with patience, answering all our questions and addressing any concerns. From the initial consultation to the final closing, Marcus and his team provided seamless communication and support, making the journey smooth and stress-free. Their commitment to finding us the best mortgage options and ensuring favorable terms was evident throughout.
With Marcus’s guidance, we secured a fantastic deal that perfectly aligned with our financial goals. I can confidently recommend Marcus Arnone and Premier Mortgage to anyone seeking a reliable, trustworthy, and efficient partner for their home financing needs. Our family is now happily settled in our dream home, and we owe a large part of that happiness to Marcus and his team.
Just worked with Marcus on a refi and we were absolutely blown away how quick, smooth and transparent he was with everything! Beat others we shopped in every way including rates, payments and customer service. Answered any and all questions we had and not once was he not available for us. We called, he answered, every time. Financial decisions like these are huge as they impact our family in so many aspects. Marcus made sure everything fit just right for us and completely put us at ease during the whole process. If you’re on the fence who to use, go ahead and hop on Marcus’s side of the fence. You WILL NOT regret it! Thanks for everything, Marcus! You’re the best there is!
Marcus had me pre qualified quicker than I could even find a home. He made my entire loan process easy. Honestly Marcus followed me even beyond closing. An error was found after closing and he never stopped assisting me until the correct amount of funds hit my bank account. This man went over and beyond his job to protect me. I'd recommend him 100%.
Thank you, Marc
Marcus was a pleasure to work with from start to finish. He provided me a very high-level of service and professionalism before I ever agreed to work with him. This meant a lot to me. Being a first time homeowner, there was a lot I wasn’t familiar with in this process. Marcus was very patient and thorough. I’d be remiss if I didn’t mention how personable and accessible he was during our dealings as well. I’d recommend him to anyone in a heartbeat. Thanks again Marcus!