Information about Lenders
Premiere
Mortgage Services, Inc.
11 Malvern Hill Road
Sterling, MA 01564
Tel. 978-422-2311
Fax. 978-422-2313
www.bainmortgage.com
General Information
PREMIERE MORTGAGE
SERVICES, INC.
"Your #1 source for
discount mortgages in Massachusetts, New Hampshire and Connecticut!".
Congratulations! You
have found the web site of what we consider to be the best source
of discount mortgage financing, Premiere Mortgage Services, Inc.!
Our Goal at Premiere
Mortgage is to bring affordable mortgage financing to consumers
by keeping the mortgage process efficient and inexpensive. Our overhead
is LOW and we pass these savings on to you.
Premiere Mortgage Services
Inc. was incorporated in 1996 under the mortgage broker business
licensing statutes of the Commonwealth of Massachusetts.
Premiere Mortgage
maintains strong professional accreditation through its membership
with the Massachusetts Mortgage Association, National Association
of Mortgage Brokers and The Better Business Bureau.
Our commitment to our
customers
Premiere Mortgage is a member
and subscribes to the Best Businesses Practices Guidelines of the
National Association of Mortgage Brokers committing ourselves to:
Disclosing accurate information
in all solicitations and advertising;
Discuss and explain financing
program options;
Inform you, in writing, of
lock in options;
Explain all documents of
the loan application;
Explain the disbursement
of all application fees;
Explain the loan process,
from application to closing;
Charge only those fees disclosed
or re-disclosed on your Good Faith Estimate;
Charge rates and fees that
do not vary based on race, color, religion, national origin, gender,
marital status, age, receipt of income from public assistance programs,
or good faith exercises under rights of consumer finance laws;
Communicate with you throughout
the loan process in a timely manner;
Provide to you a written
agreement that explains the nature of our relationship with you
and how we are compensated in this transaction.
My name is Dana K. Bain
and I have provided well over $500 million of discount mortgage
money for consumers since I founded Premiere Mortgage in August
of 1996. All told, I have over 20 years experience in the mortgage
profession.
I LOVE the mortgage
business! Because I love it, I want to make it better. Better for
you the consumer. One way I do that is to make you aware from day
one in the application process exactly how much it's going to cost
you to refinance or get into your new home. You won't find any "hidden"
closing cost or origination fees at Premiere Mortgage. It's the
ethical way to do business. Unfortunately, it's not always the common
practice in the world of mortgage lending.
The Rates Premiere
Mortgage offers our among the lowest you will find. Compare Premiere's
closing cost too and you will find Premiere's closing cost are also
generally much lower than our competitiors!
While you're here,
check out our "Mortgage Tips" page. Learn the questions you
need to ask when comparing prospective lenders and feel more comfortable
when you make your final decision on financing. I'm confident you'll
choose Premiere.
And lastly, wouldn't
it be great to deal with THE SAME PERSON during the entire
mortgage process from application to closing? That's how we do it
at Premiere Mortgage. You owe it to yourself to work with
the best!
Thank You and I look forward
to working with you!
Dana K. Bain
President
Premiere Mortgage Services, Inc.
(Offices open seven days a week from 9:00AM to 9:30PM)
Toll Free Nationwide number is 1-800-480-0545 or locally 978-422-2311
Local Branch / Office Locations
| ADDRESS |
TELEPHONE NO.
|
11
Malvern Hill Road
Sterling, MA 01564 |
978-422-2311
|
FEES
RELATED TO EACH LOAN
The
following are fees related to a typical $175,000 purchase loan transaction
in the Boston area, with this company. This does not include
points, if any, nor does it include local taxes, prepaid interest
payments or prepaid escrow payments for home insurance or real estate
taxes. A more complete list, tailored to your specific loan transaction,
entitled "Good Faith Estimate of Settlement Costs" should
be provided to you when you actually apply for a loan. All fees
are believed to be accurate, but cannot be guaranteed and are subject
to change without notice.
| Appraisal |
275 |
| Credit Report |
20 |
| Application |
|
| Inspection |
|
| Document Prep/Review |
200 |
| Underwriting |
200 |
| Processing |
|
| Flood Certification |
18 |
| Tax Service |
77 |
| Notary |
|
| Pest Inspection |
|
| Settlement/Closing |
|
| Attorney |
500 |
| Recording |
365 |
| Survey |
|
| Messenger/Courier |
35 |
| Wire Transfer |
|
| Administrative |
|
| Mortgage Broker Fee |
|
| Funding and Review |
|
| Payment Processing |
|
| Title Exam |
|
| Title Insurance (lender's) |
438 |
| |
|
| TOTAL |
$2,128 |
Types
Of Mortgage Products Offered
E-mail
questions | Apply on line |
|