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Home > Financial Services > Mortgage Brokers > Paramont Investment Corp.
Paramont Investment Corp.
A Mortgage is a document that contains the details of an agreement between two parties. One of which is a borrower and the other party is a lender. The Agreement will include information like, Loan amount, Time period of the loan, Interest and the collateral on the loan which is normally the property being bought. A mortgage broker is generally a person or company whose expertise lies in the field of mortgage laws, properties available for sale, and loan procedures. They provide these services to clients for a fee which is usually a percentage of the loan or property amount.
Paramont Investment Corporation is full service mortgage brokers. They offer Jumbo Loans, Construction Loans, Second Mortgage Loans, and Investor Loans. Jumbo Loans offers 30 and 15 year fixed rate mortgage and competitive ARM products with full document, alternate documentation and limited documentation. Cash out and No cash out refinance are allowable.
Second Mortgage Loans are subordinate to the first mortgage these loans offer the borrower the ability to get money for home improvement, debt consolidation or many other reasons without disturbing their first mortgage. Convenient when you have a low interest first mortgage.
Building a new home can be an exciting prospect unless you get caught up in a construction loan approval process that's overly complicated and time consuming. With this loan they will finance up to 90 percent of the cost of land plus the costs of construction. They offer a one time fixed rate closing or the traditional adjustable rate mortgage products.
They can vary from slightly damaged credit to severely damage. Whatever the situation they have a mortgage that will get you back on track. A borrower having the ratio of their monthly bills to their monthly income higher than 50 percent is considered a high debt ratio. Loan programs are available for these borrowers, allowing them to finance the purchase of a home or property.
At Paramount Investment Corporation, their mission is to set a high standard in the mortgage industry. They are committed to quality customer service putting the people they serve first. They will always adhere to the highest degree of integrity in all of their business dealings.
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