Paramount Mortgage Funding, Inc is an approved lender for FHA Loans. FHA loans are great for first time homebuyers and for homeowners in a high interest rate loan to convert to a fixed rate mortgage with excellent interest rates.
Enjoy the benefits of the following:
- No Minimum Credit Score
- Cash Out refinances allowed to 95% of home’s value
- Non-Occupant Co-Borrowers are allowed
- Down Payment Assistance Programs are available
- Great for First Time Homebuyers
- Excellent interest rates
- FHA Loans are assumable by a qualified buyer
- No Reserve requirements (you do not have to submit bank statements if you qualify)
- Alternative Credit accepted if nothing is reporting on your credit report (rent, cable tv bill, car insurance, electric bill, gas bill, phone bill, etc). These accounts must have at least a 12 month history with no 30 day late payments.
Call us and talk to one of our experienced loan originators.