
Paramount Bank is a locally owned, full service FDIC insured bank that specializes in residential lending. We have combined the financial strength of a bank and the flexibility of a loan broker to offer you just about any product available at consistently the best rates. Our team of experts can provide you with every financing solution available whether you currently own a home or are looking to purchase a new one.
We're confident that we will provide you with excellent products and the best service. At Paramount Bank, our goal is to be your lender of choice. We don’t view you as a transaction like most mortgage loan brokers do, but rather as a relationship. We are here for you.
If you're considering a mortgage and are competitively shopping other banks and financial institutions, give us a call after you've reviewed their products and services. We'll show you why we're the best choice when it comes to residential lending.
At Paramount Bank, we offer many financing options:
• Extended Rate-Lock Protection - for existing and new construction homes (free float-down option)
• Non-Warrantable Condominiums - up to 103% of sales price with no pre-sale requirements
• Blended Mortgage - eliminates the need for private mortgage insurance (PMI)
• Interest Only Financing - maximize your cash flow to afford more home
• Customized Loans - creative financing for those borrowers who don't meet the agency standard
guidelines.
• Alternative Documentation - for self-employed borrowers
• Home Equity Loans - the power of the equity in your home for education, home improvement and debt consolidation |