Priority Lending Offers New Loan Terms, Guaranteed 30-Day Closings

Priority Lending offers a variety of loan terms, including a 97% home loan.
By: Amplification, Inc.
 
 
Priority Lending prides itself on excellent customer service.
Priority Lending prides itself on excellent customer service.
COOPER CITY, Fla. - June 30, 2013 - PRLog -- For more than six years, Priority Lending (http://www.prioritylendingcorp.com) has worked with residential and commercial buyers to secure loans. Today, the company is seeing loan terms that previously seemed extinct: financing for conventional loans that ranges from 95 to 97 percent of the home purchase price.

“The FHA loan recently raised its annual mortgage insurance premiums, making the loan terms more difficult for first-time homebuyers to meet,” says Dan Longman, Priority Lending President and Certified Residential Mortgage Specialist. “The 95 to 97 percent conventional loan allows homebuyers a less costly option, and we can help them secure it without their interest rates suffering.”

The 95 to 97 percent loans represent just a small percentage of the loan varieties and terms Priority Lending offers. Conventional, FHA and VA loans also may be the best fit for a particular client. The company also offers jumbo loans, which are loans for homes whose purchase price exceeds $417,001 and are not sold to Fannie Mae or Freddie Mac, which allows lenders some freedom in terms of qualification requirements. Whatever the desired loan, Priority Lending works with clients and realtors to determine the best fit given the client's finances.

"Our background in the real estate and loan business allows us to act as the pre-underwriters for an account," says Ken Zorovich, Vice President and Certified Residential Mortgage Specialist at Priority Lending. "We can anticipate documentation a client may need, which speeds the ultimate approval process."

Forecasting 2014

Numbers released over the past month show an improving real estate market in Florida specifically. In an address to the Northeast Florida Association of Realtors, Florida Realtors economist John Tuccillo predicted homes will appreciate in value at a rate of 4 to 5 percent in 2014. This means prospective home purchasers can once again view their home as an investment that can one day offer returns, if desired. The Florida’s Bergstrom Center for Real Estate Studies also released its 2013 “Survey of Emerging Market Conditions” in June that found the improving Florida economy, including a reduced unemployment rate, are contributing to the improving real estate market. One of the biggest growth sectors are homes purchases by foreign real estate investors. Priority Lending offers specialized programs for those in this sector as well.

Priority Lending has assisted homebuyers in purchases through the recession and now through economic upswings. In addition to customer service dedication, Longman says what sets Priority Lending apart is the company's guarantee to close on a loan within 30 days from initiating the process if the client desires.  

"Realtors who work with us love the fact they can help their clients get into their dream home in 30 days or less," Longman says. "And our clients are amazed at how we are able to make the process as hassle-free as we possibly can."

Priority Lending is located at 9720 Stirling Rd. #207C in Cooper City. For more information on Priority Lending, visit http://www.prioritylendingcorp.com or call (954) 438-3776 or call toll-free at (877) 838-3776. Clicking on "Forms" will direct clients to a free quote process or loan application.
End
Source:Amplification, Inc.
Email:***@amplificationinc.com Email Verified
Tags:Priority Lending, Florida Real Estate, Home Loans, Real Estate, Amplification Inc.
Industry:Real Estate, Financial
Location:Cooper City - Florida - United States
Subject:Services
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Amplification, Inc. Digital Marketing Agency News
Trending
Most Viewed
Daily News



Like PRLog?
9K2K1K
Click to Share