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PrimeLending is in it for the long haul….
With another major bank going under in Utah it reminds us that the pressure on the banks and financial sector is still there and in many cases continuing to grow. PrimeLending is a PlainsCapital Corporation which is a 3 billion dollar corporation and prides itself in making sound lending decisions from the loan officer up. Some things that set us apart from other banks and mortgage companies are... [Read more]
Update on FHA Changes
The link below is a FAQ type document issued by HUD a few minutes ago. You may want to take a minute and read this. Nothing in it is earth shattering news but it attempts to explain HUDs position on recent changes. http://portal.hud.gov/portal/page/portal/HUD/federal_housing_administration/docs/fromthe%20deskofJanuary.pdf Read More →
Payment Shock Concerns Grow as Billions in Interest Only Loans Face Recast Date
Payment Shock Concerns Grow as Billions in Interest Only Loans Face Recast Date by Jann Swanson on Fitch Ratings warned today that billions of prime and Alt-A mortgages that were written as interest-only (IO) loans are due to recast over the next two years. $47 billion of these loans convert to fully amortizing loans in the next... [Read more]
Not Just Another Lender…..
With Over 20 Years in the mortgage industry, PrimeLending has seen the business of home financing at its best and its worst. Through it all, PrimeLending has learned not only how to survive in challenging markets, but how to thrive. We know how to do this by having our priorities inline and being ready for anything. Our skilled Loan Officers, our professional support staff and our commitment to... [Read more]
Get Rebates When You Sell Your Home
Finally there is a mortgage discount program designed to not only give you the best rates and terms out there but to save you money and to put money back in your packet where it belongs. Travis and I are Benefit Specialists and Mortgage Professionals with PrimeLending and we understand how important making the right decision on your home financing and real estate needs are to you. That is why... [Read more]
