Questions about Home Loans? Contact us for answers.

  • apply online
  • loan center
  • mortgage 101
  • calculator

Erik Maya
RMLO NMLS 334089
o: (281) 447-2377
c: (832) 724-0757
Email Us

1801 Kingwood Drive, Suite 140
Kingwood, TX 77339
View Map

Loan Options

Your Home Mortgage Loan Options

There are several loan options available when purchasing a home. Listed below are some of the home loan options offered by Premier Nationwide Lending. If you have any questions concerning the home loan process, please contact your Premier Home Mortgage Loan Expert who is on standby ready to assist you with your home mortgage needs.

FHA Lending

FHA loans are government-insured loans backed by the Federal Housing Authority. These guidelines offer the best hope for many borrowers to qualify for home loans on good terms they can afford.

Lower Downpayment

FHA loans require the lowest downpayments, and allow people to buy homes and start building equate sooner.

Lower Mortgage Insurance

In most cases, the monthly mortgage insurance fee paid on an FHA loan is lower than the fee paid on a conventional mortgage. This results in a lower monthly payment overall.

Better Interest Rates

FHA loan rates are generally very competitive.

Higher Debt Ratios

You can qualify with a higher total monthly debt for an FHA loan than you can for a conventional loan.

Higher Seller Contributions

There is a higher allowable seller contribution on FHA loans than there is on many conventional loans—6 percent as opposed to 3 percent. This means that you can negotiate for the seller to pay most, if not all, closing costs.

Conventional Fixed Rate Loans

A fixed-rate mortgage may be an ideal option if you:

  • Are concerned that interests rates will increase and you want the predictability of a fixed interest rate.
  • Want to be able to determine what your payment will be for years to come in order to plan out your budget.
  • Expect to own the home for many years.

Adjustable Rate Loans

An adjustable rate loan may be ideal if you:

  • Have a plan in place to move to a different home before the end of the initial rate period.
  • Are certain your income will increase enough in the future to cover the increase of the mortgage interest rate.
  • Require a lower monthly payment than what you can expect from a fixed-rate mortgage.

VA Loans

The VA Loan program is the most powerful home loan program on the market for many veterans, service members and military families. These flexible, government-backed loans come with significant benefits that open the doors of homeownership to veterans who might otherwise struggle to obtain financing.

No Down Payment

Saving money and building credit can be difficult for service members who are constantly on the move. With the VA Loan, qualified borrowers can finance 100 percent of the home’s value without putting down a dime.

No Private Mortgage Insurance

With a VA Loan, there is no PMI. This is because the federal government backs all VA Loans and assumes the risk on behalf of the borrower that is typically covered by the PMI.

Competitive Interest Rates

Pair that lower interest rate with the ability to purchase a home with no money down and no private mortgage insurance and the savings start adding up significantly.

Basic Allowance for Housing

Basic Allowance for Housing (BAH) is a significant benefit for qualified active military members. Lenders can count your Basic Allowance for Housing as effective income, which means you can use BAH to pay some or all of your monthly mortgage costs. BAH varies based on your pay grade, your geographic location and your number of dependents.

Jumbo Loan Programs

A jumbo loan mortgage is any home loan that is more than the conforming limit of $417,000 according to Fannie Mae guidelines on conventional mortgages. FHA mortgages however have upper mortgage limits that are set for each county starting at the lowest loan limit of $271,050. Since most banks do not have programs available for jumbo loan mortgage products they have become one of our specialties. Our Jumbo Mortgages are also available as a portfolio product for expanded guidelines outside of conforming limits. We have several jumbo loan mortgage programs that will put you in control of your mortgage investment.

Rural Housing

Rural Housing Development

  • Moderate income limits apply
  • No Down Payment Required
  • No Prepayment Penalties
  • No Limits on cash contributions
  • Can purchase an existing home or build a new home

* Loan programs are subject to credit and property approval. Other guidelines may apply.

Residential Mortgage Loan Originators

My name is Erik Maya and I am a Mortgage Loan Originator and Branch Manager for the Kingwood Branch at Premier Nationwide Lending. I have over 15 years of experience originating residential and commercial loans. I have built my reputation on the hallmarks of integrity, professionalism, and dedication to my customers, real estate professionals, builders, title and insurance companies, and individual home buyers. I am committed to caring for my customers and building lifetime relationships as their mortgage consultant. I take great pride in knowing that the majority of my business comes from repeat clients and their referrals. In-House Processors, Underwriters and Closers ensures your loan closes on time and as promised. The purchase of a new home should be exciting and not stressful. By educating our clients and offering a detailed “game plan” from start to finish, they are encouraged to concentrate on the important things which is enjoying their new home!

When I am not originating loans, I spend my time with my lovely wife and my three beautiful kids. I love to go golf, exercise, and football.


Loan Center

Checklist

What you will need to ensure a smooth home mortgage process.

Loan Options

There are several loan options available when purchasing a home.

Down Payment Assistance

Find out more about special programs and who qualifies.

Calculator

Wondering how much you can finance?

Testimonials

One of the reasons I was afraid of dealing with mortgage companies is becuase of all the horror stories I had heard from other people working with other companies. However, working with Erik made me feel like I was in good hands. He was always quick to respond to any emails, phone calls, and/or text messages. He never made me feel like he was being bothered by any of my "silly" questions. I will definitely recommend him and go to him when/if I get another house. Thanks Erik! :D

Maricela S.

I want to take the time out to let everyone know what a wonderful experience my husband and I had working with Erik Maya. After searching for a home and trying to get financing and being told we had to wait for one or more reasons we contacted Erik Maya. The process was smooth and they guided us through every step of the way. They worked with us and helped us on the items we needed to get resolved in order to get approved. I can honestly say if it were not for Erik we would not be in the home right now! Erik and his staff’s dedication and professionalism exceeds the rest by far. They truly strive to make your dreams a reality. I highly recommend Erik to everyone out there that is looking for a home now or in the near future, don't get discouraged when others tell you no because it can and will happen once you go with Erik! I look forward to working with you on the purchase of our next home.

Junell & Abel G.

Connect with us: