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Home > Financial Services > Mortgage Brokers > Primequity, LLC.
Primequity, LLC.
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.
Primequity assists you through six basic steps in procuring a loan for buying a house or renovation of your home such as getting your documents organized, convincing the loan company that you qualify for the loan, explains the best loan plans from various companies available within your budget, applies for the loan, obtains approval for the loan, and assists in closing the loan.
They are a licensed home mortgage lender. They currently originate home loans in Florida, Georgia, Tennessee, Kentucky, North Carolina, South Carolina, Indiana, Virginia, and Colorado. They understand how difficult it can be for persons outside of the mortgage industry to understand the various types of mortgages and loan packages that are available to the home loan consumer. The firm has created this Patriot Act compliance statement in order to demonstrate their firm commitment to the Patriot Act and homeland security.
Their loan programs include purchase loans, construction loans, commercial loans, commercial financing, no income verification loans, debt consolidation, rehab loans, refinance, 107 percent financing to $650,000, 100 percent second home, 80 percent borrowers with no credit, 125 percent fixed second mortgage, 95 percent no doc, 103 percent construction, 65 percent no question asked.
The firm never puts you in loans that don't make sense. If refinancing a loan will cost you more than it will save you, or if it does not make financial sense, they won't do it. They are committed to putting you in the loan that fits your individual needs. Through the process they take you through they take your application, pull your credit bureau report at the same time, getting you pre-approved for your loan. Since they know your time is valuable, they will streamline the process; they will call and discuss your options with you.
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