Premier Mortgage
Funding USA, Inc.
Marsha DEANE
Approving Dreams Daily
Office 850-875-2240 Cell 850-545-0418
Home 850-875-3544

Conventional

Conventional

FHA

VA

LTV

100%

80/20

97.75%

100%

Seller Concessions

3%

3%

6%

6%

Upfront MI

None

·  2.15% active
·  2.4% reserve
·  may be financed

Monthly MI

1.42% per month

None

.5% per month

None

Mo. Maintenance Fee

None

None

None

14 cents per sq ft

Credit scores of buyer and housing payment history

620 or higher

620 or higher, no housing late payments in the last 12 mos.

Maybe < 620, 
no housing late payments in the last 12 mos.

Maybe < 620, 
no housing late payments in the last 12 mos.

Rate/APR*

6.5%/8.56%

6.875%/7.17%

5.75%/6.53%

5.875%/8.00%

Monthly payment

Conventional

Conventional

FHA

VA

P&I

$632

$657

$579

$592

Taxes & Insurance

$150

$150

$150

$150

PMI or VA Mo. Maintenance fee

$118

0

$41

$140

Total Payment

$900

$807

$770

$882

Cash from buyer

$8,000

$3,000

$3,000

$0