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Why Choose
Premier Point As Your Loan Provider?
Exceptional Service
Your satisfaction is our top priority. We're committed to providing exceptional customer service, timely communication, and transparency throughout the loan process.
Personalized Solutions
We understand that every borrower's situation is unique. We'll work closely with you to assess your needs, explore available options and tailor a loan program that best suits your financial goals.
Expertise And Experience
Our loan specialists has extensive experience in guiding borrowers through various loan processes. We'll answer your questions, provide guidance and ensure a smooth transaction from start to finish
FAQ
Q: Can I buy a home while paying off student loans?
A: Absolutely. Lenders consider your debt-to-income (DTI) ratio, not just whether you have student debt. If your overall monthly obligations are manageable, your student loans won’t hold you back.
Q: Do I need 20% down to buy a home?
A: Nope. That’s a myth. Conventional loans can go as low as 3% down, FHA loans require just 3.5%, and VA/USDA loans often require zero down. Options exist for nearly every budget.
Q: Can I use gift money for my down payment?
A: Yes! Many loan programs allow gift funds from relatives or even close friends for your down payment or closing costs. Just make sure it’s documented properly (no cash in a birthday card!).
Q: Can I still get a mortgage if I just started a new job?
A: Yes, you can. Lenders often accept a job offer letter or recent pay stub as proof of income. If the job is in the same field and offers stable income, you’re still considered a strong applicant even if it’s day one.
Q: Will applying for a mortgage hurt my credit score?
A: A little, but not much. A hard inquiry can lower your score by a few points, but multiple mortgage inquiries within a 30–45 day window are usually treated as one. So, rate shopping won’t wreck your credit.
Q: Can I get a mortgage if I’ve had a bankruptcy or foreclosure?
A: Yes—but there’s a waiting period. Depending on the loan type, you may qualify again after as little as 2–4 years post-bankruptcy or foreclosure. Rebuilding your credit and demonstrating financial stability is key.
Let’s See What You Qualify For
Ready To Stop Renting?
Want to move into a home with a low down payment,? Let's explore your options together. We’ll answer your questions, help you get prequalified, and make sure you're on the right path to homeownership.
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Don’t just take our word for it, hear from our clients
Premier Point Mortgage
NMLS #2184348
Premier Point Mortgage guides you every step of the way, making your journey to homeownership stress free; now that’s Home Financing Simplified!
990 Raritan Rd. Clark, NJ 07066
Legal Statements
Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice.
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