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| LOAN MODIFICATION EXPERTISE
Prime Financial Partners is an AG Companies, Inc. company and is a mortgage brokerage located in the greater Los Angeles area. We pride ourselves on providing superior customer service and creating satisfied customers. We understand that recent economic events have created a financial hardship for hardworking homeowners. Prime Financial Partners is able to assist you in lowering your existing home mortgage payment into one that fits your current financial situation.
WE WILL ASSIST YOU TO ACHIEVE ALL OF YOUR FINANCIAL HOME NEEDS
TEL. 866.607.0350
FAX: 818.518.1668
EMAIL: info@primefinancialpartners.com
WHY USE A MORTGAGE BROKER?
The simple answer to this question is...to save time and money! Unless, of course you have perfect credit, low debt and high income. Then (maybe) going directly to a bank will get you better rates and terms than a Licensed Mortgage Broker. But even then, you're still limited to the loan products offered by that bank (or credit union). Here's a list of The Top 5 Reasons to Use a Mortgage Broker that explains why a Licensed Mortgage Broker can get you a much better loan program on your residential or commercial mortgage.
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30 YEAR FIXED RATES ARE AT HISTORIC LOWS!
At our website you can find tools available to answer virtually any mortgage question. Trying to decide if now is a good time to refinance? Check out our Refinance Mortgage Calculator. Wondering if a new home equity loan or second mortgage can lower your monthly payments? Use our Debt Consolidation Mortgage Calculator! Confused by all the loan programs from which to choose? Our Loan Program page will help you find the right type of loan for you. Also, we'll be happy to prepare a personalized mortgage quote for the home mortgage program of your choice. |
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Mortgage News Daily
The Day Ahead: Q2 GDP, Consumer Sentiment, Stocks Testing Support - 1 hour ago Posted To: MBS CommentaryA busy day awaits the markets as investors get their first look at second-quarter GDP. Also in the store is the influential Chicago Business Barometer which gives an update on how the economy is recovering in the midwest, plus a consumer sentiment index for the nation at large. While investors wait for the GDP report, headlines are focusing on an IMF report which said the U.S. financial system may need $76 billion in fresh capital to recover. “The findings, released today as part of a broader IMF report on the U.S. financial system, suggested that while the nation’s banking system is stable, it remains vulnerable,” reports Bloomberg News. “Home prices, commercial real estate loans and economic growth have the potential to cause shocks that could expose banks to more...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it. Treasury Auctions Done. Bonds Cautiously Resilient as Stocks Repeat History - 20 hours ago Posted To: MBS CommentaryTreasury just sold $29 billion 7s to a group of uninterested buyers... Auction demand as measured by the bid to cover ratio was below average. 2.78 bids were submitted for every 1 accepted by Treasury. Compare that to the ten auction average of 2.81 and the five auction average of 2.86. 25.6% of the issue was awarded at the high yield of 2.394%. This was 2.1bps above the 1pm "when issued" bid, a sign that buyers were looking to pay a little less than they did. Primary dealers took down a much greater award than usual, which explains why the high yield tailed. 48.8% of the issue and 25.1% of what they bid on. Both metrics are above average. This is not indicative of strong buyside demand. Directs were awarded 8.9% of the competitive bid. That makes them 0 for 3 this week. Indirects...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it. Fannie Mae Preps Investors for Reform. Book of Business Reflects Tight Credit Conditions - 21 hours ago Posted To: MND NewsWireIn the wake of the passage of Wall Street Reform, which many opponents have criticized Capitol Hill for failing to deal with the future of Fannie Mae and Freddie Mac, the Obama Administration is beginning to present the broad outlines of how the future of the GSEs will be determined. In a letter released Tuesday , David H. Stevens, acting commisioner of the FHA, said that the question of reforming the GSEs is "not if, but when." The Obama administration, he said, has made it clear from the beginning that the current structure of the government's role in the housing finance market is unsustainable and unacceptable, but winding down Freddie and Fannie abruptly would destabilize an already fragile housing industry and put the loans already on the books of these institutions at even...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it. Are HECM Regulators Acting Unethically Toward the Reverse Mortgage Program? - 21 hours ago Posted To: Community CommentaryI recently spoke on two interesting panels at the American Conference Institute’s two day symposium on Reverse Mortgages. The conference was held at the famed Helmsley Park Lane Hotel in the heart of Manhattan. The conference attracted a virtual who’s who in the mortgage and reverse mortgage industry. The speakers and the attendees formed an eclectic group which ranged from major law firms, title companies, quality control experts, compliance examiners, HECM counseling experts and state and federal regulators and various enforcement agencies. There was a genuine desire to understand the program so that enacted policy could be effective. On the first day of speaking, I was joined by Dave Adkins, OTS, Matthew Yoon, Esq. and Arthur Axelson, Esq. I pointed out that HERA could prevent...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it. Final Ruling Issued on SAFE Act; Underwriting Guideline Overlays, Adverse Market Fees and Steep LLPAs; CMBS Sales; California State of Emergency; - 23 hours ago Posted To: Pipeline PressOn a non-mortgage note, my son asked me, "At what age is it ok to tell a highway that it is adopted? At some point the highway will realize that it doesn't look like the Kiwanis's Club." I would have told him to "keep his day job", except he doesn't have one as he prepares for college. Lots of folks don't have jobs, as re-emphasized by this morning's Initial Jobless Claims number. One industry veteran told me, "The weekly number is just catnip for those who think the economy is limping along," and this morning's numbers came in down 11,000 to 457,000, but continuing claims climbed. Employment is still a huge issue for the economy, but the unemployment situation is certainly helping to keep rates low. We are not done with implementing the...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it. |
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| Offerring You the Competitive Rates and Service You Deserve: |
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Prime –adjective
1. of the greatest commercial value
2. of the greatest relevance or significance
3. of the first importance, demanding the fullest consideration
Whether you're a first time home buyer or are refinancing - we will find you the best rate and program for your situation. Apply online today for a no-cost, no-obligation pre-approval!
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