We Care About Finding The Right Loan
Product for Your Unique Financial Situation.

There's a variety of mortgage products to choose from, and finding the right one for your home purchase
or refinance is a passion for our loan officers. you can read more about each product here,
but feel free to reach out to one of our specialists to learn more about each program.

Our Loan Programs

Non QM

  • Fixed Rate Terms: 15, 30, 40-years;5/6ARM,7/6ARM, 10/6 ARM 
  • 40-year term ARMs available when combined with interest only feature
  • 24 or 12-months of Personal and 2-months of business bank statements.
  • 24 or 12-months of business bank statements.
  • Profit & Loss Statement Only
  • Written Verification of Employment Only
  • IRS Form 1099 Only 2-Years or 1-Year 1099
  • Asset Utilization
  • Debt Service Ratio
  • Debt Service Ratio No Ratio
  • Investor Solutions – DSCR (5-8 Units or 2-8 Mixed Use)
  • Foreign National – 2nd Home and Investment Full Doc
  • Foreign National – 2nd Home and Investment DSCR
  • Foreign National – 2nd Home and Investment Asset Utilization

Freddie Mac

  • No Overlays with AUS Approval
  • Freddie Mac Home One
  • Freddie Mac Home Possible
  • Freddie Mac Refi Possible
  • Single Width Properties Accepted
  • Temporary Buydowns Available

Fannie Mae

  • No Overlays with AUS Approval
  • Fannie Mae Home Ready
  • Fannie Mae Standard 97%
  • Fannie Mae Homestyle Energy
  • Fannie Mae Refi Now
  • Single Width Properties Accepted
  • Temporary Buydowns Available

Construction

  • One Time Close

  • Two Time Close

FHA

  • No Overlays with AUS Approval
  • No Overlays if Manual Underwrite Non-Del
  • FHA 203H
  • FHA 203K
  • FHA Energy Efficient Mortgages
  • FHA Solar and Wind Technologies
  • Temporary Buydowns Available

Jumbo

  • Jumbo Manual Underwrite Products
  • Jumbo AUS Products

Escrow Holdbacks

  • Weather Related
  • Non-Weather Related

USDA

  • No Overlays with AUS Approval
  • No Overlays if Manual Underwrite Non-Del

Renovation

  • FHA 203K
  • PMR Proprietary Homestyle. Cash Out Refinance Only.

VA Loans

  • No Overlays with AUS Approval
  • No Overlays if Manual Underwrite Non-Del
  • Temporary Buydowns Available

Disclaimer

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.

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.

What type of loan program is right for me?

The many different types of home loans available can seem overwhelming. Should you choose a fixed rate, adjustable rate or government loan mortgage? The truth is there is no right answer. Choosing a loan type is an important decision that is best made after you have researched your options. Remember, taking the time to explore your options now can mean saving thousands of dollars in the long run.
Ask yourself the following questions to determine what loan type is right for you:

  • Do you expect your financial situation to change over the next few years?
  • Do you plan to live in your current home for a long time?
  • Do you feel comfortable with the idea of a changing mortgage amount?
  • Do you want to be free of mortgage debt by the time your children go to college or you retire?

A professional lender is an ideal resource available to help you decide which loan fits your needs. Follow the general guidelines outlined below to get started selecting an ideal mortgage for your home.