|
The Housing Act of 1968 established government-backed mortgages to expand the availability of mortgage funds for moderate income families.
Since then HUD has strived to find safe and affordable housing options for low and moderate income families while allowing for a competitive home sales market. Today homeownership is more prevalent than ever before, with greater than two in three Americans living in their own home.

The FHA Mortgage Experts are a group of experienced mortgage bankers at Paramount Mortgage Company; a Saint Louis, Missouri based, independently owned mortgage banking company. The Paramount team has been helping homeowners finance their properties since 1970. We focus on clients throughout Missouri and Illinois, although we provide loans to purchase and refinance homes in many other states. As a customer of Paramount Mortgage you will get to know our team; we treat you as a person, not as a number. You will find Paramount is big enough to meet your needs and small enough to deliver personalized service.
As a fully-integrated home financing company, Paramount knows what it takes to best serve our clients. We have an in-house underwriting staff for FHA, VA and Conventional loans, allowing us to be responsive to our borrowers and their agents. With the authority to approve loans on-site, the Paramount team responds to clients within a matter of hours – not days. Paramount boasts staff appraisers, providing more control over the process. We know the appraisal will be comprehensive, thorough and fair.
We have a diversity of loan programs available to meet the varying needs of clients. Paramount believes the right loan for you is one that reflects your personal financial goals. Fixed-rate loans are a popular choice, but the increase in niche loan types gives us the flexibility to custom-fit a mortgage to each borrower’s individual needs. More progressive loan guidelines have created opportunities for more potential homebuyers to become homeowners.
The Paramount work philosophy provides an open forum for idea sharing and problem solving. Our experienced loan originators and processors are always available to assist and advise you.
CONVENTIONAL + FHA + VA + JUMBO + ARM’s + REVERSE MORTGAGES + INVESTMENT PROPERTIES + SECOND & VACATION HOMES + CONDOMINIUMS + NEW CONSTRUCTION + MHDC “FIRST PLACE” LOANS + COMBO LOANS + DOWN PAYMENT ASSISTANCE
|