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Premium Mortgage Corporation offers a variety of loan programs to meet your needs. We work with the leading lenders in the industry to provide:

  • Competitive Rates with High LTV's
  • 97% LTV's on Purchases and R/Terms w/580 score
  • 95% LTV's on Cash Out w/580 score - mortgage 0X30 in the last 12 mos
  • Rent Free and First Time Home Buyers OK
  • Gift Funds allowed
  • 6% seller concessions OK including prepaid items
  • NO Prepayment Penalties
  • Work VISA borrowers OK
  • FHA Secure - go off Appraised Value w/ less than 12 mos on title
  • NO DOC - w/ FHA Streamline
  • Lease Purchase - OK to give rent credits
  • SFD, 1 TO 4 UNITS, Condos (HUD approved)
  • Manufactured Homes (Double Wides and modular)
  • Non-Occupant Co-Borrowers Allowed
  • Non-Traditional Credit Allowed
  • DTI exceptions w/compensating factors
  • Chapter 13 Buyouts up to 95% LTV w/ 0x30 mtg/plan history past 12 mos
  • Chapter 7 min 1 yr out w/ extenuating circumstances; otherwise 2yrs
  • Consumer Credit Counseling OK up to 95% LTV
  • Ch 13 & CCCS can REMAIN OPEN w/ 0x30 past 12 months
  • Medical Collections REMAIN OPEN
  • Collections remain open on case-by-case basis (over 2yrs old usually ok)
  • Government Loans cannot be in default as shown in CAIVRS
  • Tax Liens & Judgments OK with existing Payment Plan
  • No Credit Scores Reporting? No Problem!
 


We look forward to serving you.


Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $8,340. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $20,000. Your actual APR may be different depending upon these factors.