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Paramount Financial




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.
 
Paramount Financial is full service mortgage lender specializing in all types of home mortgage loans. From fixed rate loans and adjustable mortgages, to no income and no doc home loans. Paramount Financial Inc. was founded in 1991 by Steven K. Hope and Stephen R. Birge.
 
There are many options for home owners who wish to meet growing financial demands; one way to improve your financial situation is to borrow money is through a home equity line of credit. This source of credit can provide certain tax advantages and generally allows you to borrow large sums of money at affordable rates. This line of credit uses your house as collateral though, which means such a credit line can be risky if you default on the monthly mortgage payments. The funds that you receive from a home equity credit line can be used to fund anything from home improvements to a child's school tuition.
 
Mortgage lenders offer several different terms for second mortgages. The repayment terms for your second mortgage will depend on your individual circumstances and will depend on the amount of time you will require prior to repayment. It is often difficult for borrowers to repay a large loan in a short period of time. For this reason it is best to choose a second mortgage on your home that does not require repayment after only couple of years.
 
In 2005 they have continued to fund over 200 million, making Paramount Financial one of Florida’s premier lending corporations. They are proud to say that they have loaned well over 1 billion dollars since their inception. Together with the areas best Real Estate companies, and new home builders they will continue to pioneer new products and services to make home ownership even more affordable to even more people.

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