PMG is a mortgage broker in Pennsylvania that takes a long-term partnership approach to the process of buying or refinancing. As such, we seek to develop good relationships with our clients through trustworthy service and timely communication throughout the process. Dave started PMG in December of 2005. He is also very active in other real estate related ventures including flipping, rentals, and private money.
He enjoys developing long-term fiduciary relationships with his clients and provides a high level of service. He understands communication and he is known for picking up his phone anytime of the day. Jessica grew up in Lititz and now resides in East Hempfield. She graduated from Grove City College. In her primary rule, Jessica serves as a liaison between the loan officer and the borrower during the processing of the files.
She enjoys customer service and works hard to provide timely settlements.
He enjoys developing long-term fiduciary relationships with his clients and provides a high level of service. He understands communication and he is known for picking up his phone anytime of the day. Jessica grew up in Lititz and now resides in East Hempfield. She graduated from Grove City College. In her primary rule, Jessica serves as a liaison between the loan officer and the borrower during the processing of the files.
She enjoys customer service and works hard to provide timely settlements.
Services
Adjustable-Rate Mortgage (ARM): A mortgage loan that does not have a fixed interest rate.
During the life of the loan the interest rate will change based on the index rate plus the margin, see the example below.
With most ARM loans, your monthly principal and interest payment can change.
Index: the published market index used to calculate the interest rate of an ARM at the time of origination or adjustment.
There are many Indexes which ARM loans may use.
Two popular examples are the Treasury and LIBOR rates.
During the life of the loan the interest rate will change based on the index rate plus the margin, see the example below.
With most ARM loans, your monthly principal and interest payment can change.
Index: the published market index used to calculate the interest rate of an ARM at the time of origination or adjustment.
There are many Indexes which ARM loans may use.
Two popular examples are the Treasury and LIBOR rates.
An FHA loan allows you to buy a 1 to 4 unit home with as little as 3.5% down and permits the seller to pay up to 6% of the sales price towards the buyers closing costs.
This makes an FHA home loan a good fit for some home buyers who have limited funds available to invest in the home purchase.
FHA permits the down payment to be a gift.
FHA loans have more flexible credit requirements and permit higher income-to-debt ratios then some other loan programs.
Additionally there are some features and benefits about FHA home loans that some times make it the best option.
This makes an FHA home loan a good fit for some home buyers who have limited funds available to invest in the home purchase.
FHA permits the down payment to be a gift.
FHA loans have more flexible credit requirements and permit higher income-to-debt ratios then some other loan programs.
Additionally there are some features and benefits about FHA home loans that some times make it the best option.
No closing cost mortgage loans typically exchange a slightly higher interest rate for the lender paying part of or all of your closing costs.
This is one way to keep the same loan balance when you refinance without digging into your savings.
These can also be arranged on a purchase loan.
Sometimes this is called a Lender Credit or Lender Assist.
The key is no cost loans have a break even point.
When you refinance with no costs the higher interest rates gives you will have a slightly higher monthly payment.
This is one way to keep the same loan balance when you refinance without digging into your savings.
These can also be arranged on a purchase loan.
Sometimes this is called a Lender Credit or Lender Assist.
The key is no cost loans have a break even point.
When you refinance with no costs the higher interest rates gives you will have a slightly higher monthly payment.
The USDA Rural Development's Single Family Housing Guaranteed Loan Program assists moderate income homebuyers achieve their dream of home ownership in non-urban areas!
Applicants must purchase a single family home within the eligible rural areas (population under 10,000), and have a household income that does not exceed the established limits where the home is located.
100% financing, no down payment is required.
The loan amount may not exceed 100% of the appraised value, plus the guarantee fee may be included.
Applicants must purchase a single family home within the eligible rural areas (population under 10,000), and have a household income that does not exceed the established limits where the home is located.
100% financing, no down payment is required.
The loan amount may not exceed 100% of the appraised value, plus the guarantee fee may be included.
VA Insured Home Loans help Service members, Veterans, and eligible surviving spouses become homeowners since 1944.
VA provides a home loan guaranty to make the loan program available through lenders like us.
This great home loan program can be used to buy 1-4 unit home with no down payment required!
Afghanistan and Iraq - Check the VA's Web site for eligibility guidelines for current service in Afghanistan and Iraq.
Members who have completed six years of service and have been honorably discharged or are still serving may be eligible for a VA loan.
VA provides a home loan guaranty to make the loan program available through lenders like us.
This great home loan program can be used to buy 1-4 unit home with no down payment required!
Afghanistan and Iraq - Check the VA's Web site for eligibility guidelines for current service in Afghanistan and Iraq.
Members who have completed six years of service and have been honorably discharged or are still serving may be eligible for a VA loan.
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