From the very start, the goal of Premier Mortgage Resources has been to help everyone achieve the dream of homeownership. Our passion to help others is matched by our top-tier mortgage professionals who put in a lot of work to achieve operational excellence at every function of lending.
The Premier Mortgage Resources business operations team is people-focused, not reliant on complex algorithms. At the same time, we uses every tool available and go above and beyond to ensure successful home-buying experiences for everyone.
If you are looking for a mortgage team, consider the following resources we offer to clients.
2-1 & 3-2-1 Program
Our new 2-1 & 3-2-1 loan program is a testament to our commitment to excellence and recognition of the homebuyer’s evolving mortgage needs given today’s market. The program creates a buffer between homebuyers and higher housing costs by allowing homebuyers to embrace the challenge of buying with utmost confidence by providing some extra breathing room.
This type of financing lowers the interest rate on a mortgage for the first two years before it rises to the regular permanent rate.
A 3-2-1 buy down means the mortgage payments in years 1, 2, and 3 is calculated at rates of 3, 2, and 1 percent below the rate of the loan. The actual note rate and monthly payment that the borrower is obligated to pay is never actually reduced. The full rate and payment must be reflected on the mortgage documents.
At the end of the buydown period, the buydown funds collected at closing will have been exhausted, and the buy down period ends.
Down Payment Assistance Guide
Homebuyers might also face the obstacle of supplying an adequate down payment. The down payment requirement might even be the reason why you’re holding off from moving forward with a home purchase.
Thankfully, you have access to a great resource on the homepage of pmrloans.com: The Down Payment Assistance Guide. Many people who consider buying a home for the first time often ask specific questions before they start the home-buying process. That’s the smart thing to do. With all of the questions that arise, usually, the biggest concern is whether they can afford a down payment on a new home.
This Down Payment Assistance Guide puts useful information about federal, state and local USDA loans, the Chenoa Fund and VA Loans at your fingertips.
Just go to pmrloans.com, scroll down to the Down Payment Assistance Guide, enter your contact information and Select Your Loan Officer in the drop down to download your free guide to take the next important step forward toward homeownership.
Xcelerate program
The Premier Mortgage Resources Xcelerate program puts you at the helm of your mortgage so you can outpace the competition.
Here are the steps:
- Simply apply for your loan online using Xcelerate!
- Then, you get verified.
- Your application goes right into our Xcelerate system, where PMR will verify your income, assets and credit information in an expeditious manner.
- If all comes back clear, then you get approved just as fast as you applied.
- Soon thereafter, applicants will receive an underwriting approval letter.
With this document handy, you can rise above the competition with preapproval status and do so on an accelerated timeline. And it will also help you quickly identify your dream home as you’ll know the precise parameters of your buying power.
Please reach out to us today to learn more about how you can seize this moment and realize your dreams of homeownership.
PMR is not affiliated with or an agency of the federal government.
