Home loan types
Federal Housing Administration (FHA) home loans are popular for first-time home buyers, people sticking to a strict budget and seniors who are looking for more affordable loan options. Why? FHA loans allow for lower down payments and have less strict qualification requirements.
FHA Loan Benefits:
• Down payment as low as 3.5%
• Flexible income requirements
• Lower credit score eligibility
• Reduced closing costs

There are many types of FHA home loans that may fit your financial situation. We’ll work with you to review all of your options and help you make the best financing decision possible. We’ve spent more than 30 years perfecting the mortgage process from application through closing to help you confidently pursue your homeownership goals.

Contact me today if you’re interested in learning more about our FHA programs.
Every year, PrimeLending helps thousands of veterans and active duty military buy, refinance or renovate their home through our leading VA home loan program. If you’re ready to save money with our no lender fee* VA loans and take advantage of your exclusive mortgage benefits, you can work with me to easily achieve your homeownership goals.
Your VA Benefits include:
• No down payment requirement
• Easier credit qualification
• Little or no closing costs
• No private mortgage insurance requirement
• Possible VA assistance should you ever have trouble with payments
Who’s eligible?
• Active duty service member
• Honorably discharged veterans
• Surviving spouses
• National Guard and Reserve
Types of loans available:
• VA 15- and 30-year fixed rate loans
• VA Adjustable-rate mortgages
• VA jumbo loans
• Cash-out refinancing
• VA Interest rate reduction loan (IRRL)
• VA Renovation

A VA renovation loan from PrimeLending offers the same features as a traditional VA loan, but has additional options to help fund repairs or upgrades to a fixer upper.
VA Renovation Loan Benefits:
• Roll renovation costs into one loan and one monthly payment
• Start repair work immediately after closing
• Potentially increase home value with improvements
• Find any range of homes with loan amounts up to $1 million

I’ll do all the work to keep the process simple.

I understand the unique challenges faced by veteran and active duty service members and their families. I know how to navigate VA processes, paperwork and requirements. I’ll work with you or your spouse to keep things moving regardless of deployment or other circumstances. From application to closing, I’ll support you every step of the way. Contact me today to learn more or get started.
How does no down payment and a low interest rate on a home away from the city sound? It’s possible with a USDA home loan from PrimeLending — and the benefits don’t stop there.

Guaranteed by the U.S. Department of Agriculture, a USDA loan provides rural property buyers more affordable financing options. Along with the benefits mentioned above, a USDA home loan also has low monthly private mortgage insurance options and flexible credit guidelines.

Don't "Rural" Out a USDA Loan

While USDA loans are for rural areas, about 97% of the U.S. is eligible, which includes suburbs and small towns.

If you’re looking to utilize the benefits of a USDA home loan for your purchase, you can trust that I’ll help you get the ideal mortgage for your home. Our process is simple and streamlined, and we’ll be by your side every step of the way providing professional service, clear communication and timely results.
Jumbo loans are mortgages at a loan amount that exceeds the standard “conforming” loan limits or guidelines set by Fannie Mae or Freddie Mack that back or guarantee home mortgages. These loans are designed to help buyers in high-end luxury home areas and buyers of modest homes in markets with increased property values. Check out these jumbo loan options I offer that can help you with your new purchase, refinance or renovation.

I offer many types of jumbo loans that can help you with a new home purchase, renovation or refinancing.

• Loan Amounts up to $3 Million—Higher loan amounts are available on a case-by-case basis.
• Fixed and Adjustable-Rate Mortgage (ARM)—Higher loan amounts are available on a case-by-case basis.
• Jumbo Cash-Out Refinancing—You could get a lower interest rate and turn some of your home’s equity into cash to use however you like.
• Delayed Financing—This program allows you to get your cash investment back within six months of purchase.
• Jumbo Renovation—I can help you finance the cost of repairs or renovations as one loan, one closing, and one payment.
• 80% LTV (95% LTV Options)—The maximum Loan-to-Value, LTV, is generally 80%. However, PrimeLending offers up to 95% LTV if you want to keep more money in your pocket.
• Debt-to-Income Ratio (DTI) up to 49.99%—The Jumbo Program allows up to a 49.99% DTI, giving you room to help qualify for the new purchase or refinancing to a lower interest rate.

Ready to start? Give me call or send me an email to find out how our jumbo loan programs can help you accomplish your goals.
Financing your very own custom home from the ground up is a little different. It’s a two-step financing process where you first obtain a temporary loan to get the project started, then when construction is complete, you refinance your initial loan to get your regular mortgage at the most favorable terms possible. Advantages include:

• I’ll lock the interest rate for your second refinance loan up to 12 months. This protects you against rate increases, and the lock fee will be refunded when the loan closes.
• Your first loan will come with a fixed rate and you only pay interest on money used for construction, not the entire loan amount.
• When you refinance your initial loan to your regular home mortgage, you’ll receive closing cost credits that may result in low or no cost refinancing.

I’ll keep the loan process simple.

From deciding where to put light switches to picking out colors and appliances, you’ll have plenty to think about. So I’ll take any concerns about financing off your mind. The PrimeLending home loan experience offers hassle-free document submissions, clear communication, personal guidance and a fast, efficient closing**. I’ll be by your side every step of the way to ensure you stay to informed and your home loan stays on track.

As soon as you’re ready to get started, or to just learn more, call or send me an email. From start to finish, I’ll work with you every step of the way.
A conventional loan is a loan under the conforming loan limits, specific to each county.  Common conventional investors that you may hear about are Fannie Mae and Freddie Mac.  Conventional mortgages can be fixed in 10, 15, 20, 25 and most commonly 30 year terms, as well as have the option for an adjustable rate mortgage (ARM).  There are down payment options as little as 3%.  Mortgage insurance is generally associated with any conventional mortgage where the borrower puts less than 20% down payment.  There are both income and fico score requirements for a conventional loan.  However, most of the time you are not required to have additional assets in reserves after the close of escrow.
*All lender closing costs such as origination, processing, underwriting, and closing will be waived, borrower is still responsible for third party fees such as VA funding fee, title, and appraisal etc.  Down payment waiver is based on VA eligibility. Savings only applies to direct originations made by PrimeLending for first mortgage purchase or refinance transactions, and is not available on loans obtained through mortgage brokers. Only one offer per loan transaction is available, and savings cannot be combined with any other offer. Savings will reflect on Closing Disclosure at closing. Borrower must lock their loan before 12/31/19
Home loan types
Conventional Loan:
A conventional loan is a loan under the conforming loan limits, specific to each county.  Common conventional investors that you may hear about are Fannie Mae and Freddie Mac.  Conventional mortgages can be fixed in 10, 15, 20, 25 and most commonly 30 year terms, as well as have the option for an adjustable rate mortgage (ARM).  There are down payment options as little as 3%.  Mortgage insurance is generally associated with any conventional mortgage where the borrower puts less than 20% down payment.  There are both income and fico score requirements for a conventional loan.  However, most of the time you are not required to have additional assets in reserves after the close of escrow.


Jumbo home Loan:
Jumbo loans are mortgages at a loan amount that exceeds the standard “conforming” loan limits or guidelines set by Fannie Mae or Freddie Mack that back or guarantee home mortgages. These loans are designed to help buyers in high-end luxury home areas and buyers of modest homes in markets with increased property values. Check out these jumbo loan options I offer that can help you with your new purchase, refinance or renovation.

I offer many types of jumbo loans that can help you with a new home purchase, renovation or refinancing.

• Loan Amounts up to $3 Million—Higher loan amounts are available on a case-by-case basis.
• Fixed and Adjustable-Rate Mortgage (ARM)—Higher loan amounts are available on a case-by-case basis.
• Jumbo Cash-Out Refinancing—You could get a lower interest rate and turn some of your home’s equity into cash to use however you like.
• Delayed Financing—This program allows you to get your cash investment back within six months of purchase.
• Jumbo Renovation—I can help you finance the cost of repairs or renovations as one loan, one closing, and one payment.
• 80% LTV (95% LTV Options)—The maximum Loan-to-Value, LTV, is generally 80%. However, PrimeLending offers up to 95% LTV if you want to keep more money in your pocket.
• Debt-to-Income Ratio (DTI) up to 49.99%—The Jumbo Program allows up to a 49.99% DTI, giving you room to help qualify for the new purchase or refinancing to a lower interest rate.

Ready to start? Give me call or send me an email to find out how our jumbo loan programs can help you accomplish your goals.


FHA:
Federal Housing Administration (FHA) home loans are popular for first-time home buyers, people sticking to a strict budget and seniors who are looking for more affordable loan options. Why? FHA loans allow for lower down payments and have less strict qualification requirements.



FHA Loan Benefits:
• Down payment as low as 3.5%
• Flexible income requirements
• Lower credit score eligibility
• Reduced closing costs

There are many types of FHA home loans that may fit your financial situation. We’ll work with you to review all of your options and help you make the best financing decision possible. We’ve spent more than 30 years perfecting the mortgage process from application through closing to help you confidently pursue your homeownership goals.

Contact me today if you’re interested in learning more about our FHA programs.


VA Home Loan:
Every year, PrimeLending helps thousands of veterans and active duty military buy, refinance or renovate their home through our leading VA home loan program. If you’re ready to save money with our no lender fee* VA loans and take advantage of your exclusive mortgage benefits, you can work with me to easily achieve your homeownership goals.

Your VA Benefits include:
• No down payment requirement
• Easier credit qualification
• Little or no closing costs
• No private mortgage insurance requirement
• Possible VA assistance should you ever have trouble with payments

Who’s eligible?
• Active duty service member
• Honorably discharged veterans
• Surviving spouses
• National Guard and Reserve

Types of loans available:
• VA 15- and 30-year fixed rate loans
• VA Adjustable-rate mortgages
• VA jumbo loans
• Cash-out refinancing
• VA Interest rate reduction loan (IRRL)
• VA Renovation

A VA renovation loan from PrimeLending offers the same features as a traditional VA loan, but has additional options to help fund repairs or upgrades to a fixer upper.

VA Renovation Loan Benefits:
• Roll renovation costs into one loan and one monthly payment
• Start repair work immediately after closing
• Potentially increase home value with improvements
• Find any range of homes with loan amounts up to $1 million

I’ll do all the work to keep the process simple.

I understand the unique challenges faced by veteran and active duty service members and their families. I know how to navigate VA processes, paperwork and requirements. I’ll work with you or your spouse to keep things moving regardless of deployment or other circumstances. From application to closing, I’ll support you every step of the way. Contact me today to learn more or get started.

*All lender closing costs such as origination, processing, underwriting, and closing will be waived, borrower is still responsible for third party fees such as VA funding fee, title, and appraisal etc.  Down payment waiver is based on VA eligibility. Savings only applies to direct originations made by PrimeLending for first mortgage purchase or refinance transactions, and is not available on loans obtained through mortgage brokers. Only one offer per loan transaction is available, and savings cannot be combined with any other offer. Savings will reflect on Closing Disclosure at closing. Borrower must lock their loan before 12/31/19


USDA Home Loan:
How does no down payment and a low interest rate on a home away from the city sound? It’s possible with a USDA home loan from PrimeLending — and the benefits don’t stop there.

Guaranteed by the U.S. Department of Agriculture, a USDA loan provides rural property buyers more affordable financing options. Along with the benefits mentioned above, a USDA home loan also has low monthly private mortgage insurance options and flexible credit guidelines.

Don't "Rural" Out a USDA Loan

While USDA loans are for rural areas, about 97% of the U.S. is eligible, which includes suburbs and small towns.

If you’re looking to utilize the benefits of a USDA home loan for your purchase, you can trust that I’ll help you get the ideal mortgage for your home. Our process is simple and streamlined, and we’ll be by your side every step of the way providing professional service, clear communication and timely results.


New Home Construction loan:
Financing your very own custom home from the ground up is a little different. It’s a two-step financing process where you first obtain a temporary loan to get the project started, then when construction is complete, you refinance your initial loan to get your regular mortgage at the most favorable terms possible. Advantages include:

• I’ll lock the interest rate for your second refinance loan up to 12 months. This protects you against rate increases, and the lock fee will be refunded when the loan closes.
• Your first loan will come with a fixed rate and you only pay interest on money used for construction, not the entire loan amount.
• When you refinance your initial loan to your regular home mortgage, you’ll receive closing cost credits that may result in low or no cost refinancing.

I’ll keep the loan process simple.

From deciding where to put light switches to picking out colors and appliances, you’ll have plenty to think about. So I’ll take any concerns about financing off your mind. The PrimeLending home loan experience offers hassle-free document submissions, clear communication, personal guidance and a fast, efficient closing**. I’ll be by your side every step of the way to ensure you stay to informed and your home loan stays on track.

As soon as you’re ready to get started, or to just learn more, call or send me an email. From start to finish, I’ll work with you every step of the way.
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VA Home Loan:
New Home Construction loan:
Jumbo home Loan:
Home Loan types
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FHA:
USDA Home Loan:
Conventional Loan:


In accordance with Section 326 of the USA PATRIOT Act of 2001, PrimeLending NMLS: 13649 is required to obtain a copy of the documents used in identifying our new account customers. This notice is being provided to you for adequate notice given under this act.

PRIMELENDING A PLAINSCAPITAL COMPANY®, HOME LOANS MADE SIMPLE®, NEIGHBORHOODEDGE® and LOANTELLIGENCESM are trademarks, service marks, or registered trademarks or service marks of PrimeLending, a Plains Capital Company. You may not use, display or reproduce them without the prior written consent of PrimeLending. Further, you may not remove, obscure, or otherwise modify any copyright, trademark, confidentiality or other proprietary rights notices displayed on, embedded in, or otherwise appearing in any Content offered by, viewed on, or received through this site. All other trademarks identified and contained herein are the property of their respective owners and their use herein does not imply sponsorship or endorsement of their products or services.

1Survey administered and managed by an independent third party following loan closing. 96% satisfaction rating refers to the rating our customers give our loan officers. Our loan officers have received a 96% Customer Satisfaction Rating.

*A prequalification is not an approval of credit, and does not signify that underwriting requirements have been met.

**On time closing and fast processing dependent on many factors including receiving timely documentation from the borrower.

Copyright © 2019 PRIMELENDING
This website is not intended to offer loan services for properties in New York.
Prime Lending Logo
APPLY NOW


In accordance with Section 326 of the USA PATRIOT Act of 2001, PrimeLending NMLS: 13649 is required to obtain a copy of the documents used in identifying our new account customers. This notice is being provided to you for adequate notice given under this act.

PRIMELENDING A PLAINSCAPITAL COMPANY®, HOME LOANS MADE SIMPLE®, NEIGHBORHOODEDGE® and LOANTELLIGENCESM are trademarks, service marks, or registered trademarks or service marks of PrimeLending, a Plains Capital Company. You may not use, display or reproduce them without the prior written consent of PrimeLending. Further, you may not remove, obscure, or otherwise modify any copyright, trademark, confidentiality or other proprietary rights notices displayed on, embedded in, or otherwise appearing in any Content offered by, viewed on, or received through this site. All other trademarks identified and contained herein are the property of their respective owners and their use herein does not imply sponsorship or endorsement of their products or services.

1Survey administered and managed by an independent third party following loan closing. 96% satisfaction rating refers to the rating our customers give our loan officers. Our loan officers have received a 96% Customer Satisfaction Rating.

*A prequalification is not an approval of credit, and does not signify that underwriting requirements have been met.

**On time closing and fast processing dependent on many factors including receiving timely documentation from the borrower.

Copyright © 2019 PRIMELENDING
This website is not intended to offer loan services for properties in New York.
Devyn Alexander
Production Manager
NMLS #482904

951.273.8505
In accordance with Section 326 of the USA PATRIOT Act of 2001, PrimeLending NMLS: 13649 is required to obtain a copy of the documents used in identifying our new account customers. This notice is being provided to you for adequate notice given under this act.

PRIMELENDING A PLAINSCAPITAL COMPANY®, HOME LOANS MADE SIMPLE®, NEIGHBORHOODEDGE® and LOANTELLIGENCESM are trademarks, service marks, or registered trademarks or service marks of PrimeLending, a Plains Capital Company. You may not use, display or reproduce them without the prior written consent of PrimeLending. Further, you may not remove, obscure, or otherwise modify any copyright, trademark, confidentiality or other proprietary rights notices displayed on, embedded in, or otherwise appearing in any Content offered by, viewed on, or received through this site. All other trademarks identified and contained herein are the property of their respective owners and their use herein does not imply sponsorship or endorsement of their products or services.


Copyright © 2019 PRIMELENDING
This website is not intended to offer loan services for properties in New York.

*A prequalification is not an approval of credit, and does not signify that underwriting requirements have been met.

**On time closing and fast processing dependent on many factors including receiving timely documentation from the borrower.