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Paramount Mortgage has access to a wide variety of programs to fit individual financial needs.
Conventional Programs
• Terms ranging from 10 to 40 years.
• Typical Fixed Rate loan programs with up to 100% Financing.
• Adjustable Rate Mortgage products offering 1, 3, 5, 7, or 10-year rate stability.
• A variety of Jumbo products with loan amounts from $417,001 to $1,500,000+.
• 80/20, 80/10/10 and 80/15/5 loan programs to eliminate PMI.
• 103% financing including up to 3% closing costs rolled into loan.
• No Income Verification (NIV).
• No Income/No Asset (NINA).
• One Time Close programs for new construction.
• Investment property loans with as little as 0% down payment.
• Sub-Prime loans for the borrower with less-than-perfect credit.
• Interest Only loans.
FHA Programs
• Terms ranging from 15 to 30 years.
• 1, 3 or 5 Year Adjustable Rate available.
• Total out-of-pocket to close as low as 3% of sales price.
• Gifts from immediate family allowed to cover all out-of-pocket costs.
VA Programs
• Terms ranging from 15 to 30 years.
• 1, 3 or 5 Year Adjustable Rate Available
• Zero down payment.
To find out more about our loan programs, please contact us.
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