![]() ![]() You should consult a tax adviser for further information regarding the deductibility of interest and charges.Īfter the initial fixed-rate period on an Adjustable Rate Mortgage (ARM) loan, your interest rate may increase periodically (annual or semi-annually) according to the market index. The interest on the portion of the credit extension that is greater than the fair market value of the dwelling is not tax deductible for Federal income tax purposes. Other restrictions may apply.īy refinancing your existing loan, the total finance charge may be higher over the life of the new loan. Some products or loan amounts may not be available in all states. Terms, programs, and underwriting policies are subject to change without notice. Any programs shown do not demonstrate all options or pricing structures. All loans are subject to underwriting approval. This is not an offer to extend credit or a commitment to lend. ![]() The material is not provided by, nor has it been approved by the Department of Housing & Urban Development (HUD), the Federal Housing Administration (FHA), or any Government agency.Īll information contained herein is for informational purposes only and, while every effort has been made to ensure accuracy, no guarantee is expressed or implied. Premier Mortgage Resources, LLC is not affiliated with or an agency of the federal government. ![]()
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