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Prime Mortgage Solutions

There are lots of options and our mortgage lending experts can help you determine which is right for you.

Conventional Fixed Rate Mortgage

A conventional mortgage is best for well-qualified borrowers that have the ability to make a down payment. This mortgage loan has a fixed interest rate and stable monthly payments.

  • Competitive rates
  • Flexible terms to fit your financial needs
  • Local decision making
  • Banking experts to walk you through the home-buying process

Adjustable Rate Mortgages

An Adjustable Rate Mortgage (ARM) is a home loan with an interest rate that can change periodically. This mortgage solution may be a good fit for homebuyers or current homeowners who plan to move within a few years.

  • Lower starting interest rate
  • Fixed-rate term for 5, 7 or 10 years
  • Caps on potential adjustments thereafter
  • Local decision-making
  • Mortgage experts to walk you through the home-buying process

Jumbo Loans

Jumbo loans provide financing opportunities for high-priced or luxury homes. This is ideal for loan amounts over $424,000.

  • Loan amounts up to $3,000,000 on primary residences for well-qualified borrowers
  • Available in a variety of fixed rate terms or 5/1, 7/1, or 10/1 Adjustable Rate terms

Construction-to-Perm Financing

When you're ready to start building, contact us, and one of our construction-to-permanent loan experts will walk you through the details. Also known as construction-to-perm, this type of loan is used to finance the construction of a home. When the home is complete, it converts into a permanent mortgage loan. The process is similar to the standard home loan process. As with a standard mortgage, you'll need to have the appropriate down payment and funds to cover the closing costs. This mortgage loan has a fixed interest rate and stable monthly payments.

  • Competitive rates
  • Flexible terms to fit your financial needs
  • Local decision making
  • Construction-to-Perm experts to walk you through the process

FHA Loans

FHA Loans are insured by the Federal Housing Administration and offer a wide range of flexibility for borrowers.

  • Minimum credit score of 620
  • Minimum down payment of 3.5%
  • Mortgage insurance requirement of 1.75% upfront (financed) and 85 bps monthly
  • Seller contributions allowed up to 6%

VA Loans

If you are a service member, veteran, spouse or other beneficiary, you may be eligible for a VA Loan. This loan can be used to buy, build, renovate or refinance a home or mortgage loan.

  • Minimum credit score of 620
  • No down payment required
  • No private mortgage insurance (PMI)
  • Seller contributions allowed up to 4%
  • Escrow required

USDA Loans

USDA Home Loans are available in designated rural areas for low- to moderate-income borrowers.

  • Minimum credit score of 640
  • No down payment required
  • Mortgage insurance requirement of 1.00% upfront (financed) and 35 bps monthly
  • Seller contributions allowed up to 6%
  • Escrow required
  • Several convenient home mortgage options and programs available
  • Competitively low rates across the board
  • Flexible terms to fit you and your family
  • Local Tallahassee home equity loan decisions
  • Dedicated service to see you through the home-buying process
  • Plus, we can also help you refinance your home!

Prime Meridian Bank may be able to help you lower the cost of your monthly mortgage payment. Contact our team to see if you save with a better rate!

Is Refinancing Right for You?

  • Determine how much refinancing at a new rate will save you per month.
  • Evaluate the closing costs associated with refinancing your current mortgage.
  • Calculate how many months it will take for your savings to equal your closing costs.

Once your savings can offset your closing costs, this is your break-even point. Each additional month you stay in your home past that time is savings in your pocket. Of course, we're more than happy to do the number-cruching for you and figure out a refinance plan that's in your family's best interests.

Lenders
Laura Jo Hewitt

Laura Jo Hewitt

Vice President

Mortgage Lending Manager

NMLS# 775253

Phone (850) 907-2344

Specializes In: Home Mortgages, Consumer Loans

Adrienne Granger

Adrienne Granger

Mortgage Lending Officer

NMLS# 451760

Phone (850) 907-2398 or (850) 509-5051

Specializes In: Home Mortgages

Jamie Hall

Jamie Hall

Mortgage Loan Officer

NMLS# 1778875

Phone (850) 907-2377 or (850) 212-7691

Specializes In: Home Mortgages

Christie Powis Homola

Christie Powis Homola

Mortgage Lending Officer

NMLS# 658187

Phone (850) 907-2334 or (850) 766-9413

Specializes In: Home Mortgages

Angela Walden

Angela Walden

Mortgage Loan Officer

NMLS # 1690581

Phone (863) 417-8508 or (863) 417-2265

Specializes In: Home Mortgages

All loans subject to credit approval.

Contact Us

Call us:
850-907-2301
Lost/Stolen Debit Card (USA - After Hours):
888-297-3416
Lost/Stolen Debit Card (Outside USA - After Hours):
206-389-5200
Lost/Stolen Credit Card:
800-854-7642

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