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Products & Pricing

Province Mortgage Associates continues to add to an already impressive arsenal of mortgage products and lenders to create solutions for every homeowner.

Avoiding unnecessary layers of management equates to lower costs and tier one pricing for our mortgage advisors. Add our streamlined process and veteran in-house underwriting, and we’ve got the upper hand over all of your competitors.

The two largest contributors that directly affect pricing and compensation for delegated lenders are unnecessary layers of management and excessive infrastructure.  Many of our competitors have no choice but to inflate rates and lower compensation due to the necessity of finding somewhere to offset the high cost of how they operate.  Province Mortgage Associates is proud to say that we do not buy into this standard that is way too prevalent in our industry.  Our tier one pricing is razor sharp and our compensation is extremely aggressive with complete transparency.  We leave the ‘mystery money’ or ‘cloak and dagger’ approach to our competitors.  With rate sheets and comp plans in hand, call us to compare and contrast.  We want the best mortgage professionals in the business, and they deserve to reap the benefits of what Province Mortgage Associates has created.

Province Mortgage - Products & Pricing

Conforming Options

  • 97% financing available with PMI
  • Locks available without a secured property
  • DU RefiPlus and Feddie Mac Open Access Program
  • Purchases on properties owned <90 days with unlimited increase in sales price with Fannie/Freddie
  • Single Premium MI (Financed or borrow paid)
  • Follow AUS Findings – no overlays

Jumbo Options

  • Non-warrantable condos up to $1,000,000 correspondent/$3,000,000 broker
  • 90% LTV with no MI on SFR/condo to $850,000
  • 80% LTV to $1,500,000
  • 70% LTV to $2,000,000
  • Foreign national programs
  • Asset depletion programs
  • Unlimited acreage options
  • ARM interest only available


  • FHA streamline and FHA high balance
  • No minimum trade line requirements
  • >90 day purchase flips OK with unlimited increase in value
  • FHA/DPA available through RIHMFC (Providence property may have additional DPA)
  • 203K Full and Streamline
  • Reverse Mortgages (Purchase and Refinance)
  • Follow AUS Findings – no overlays


  • VA and USDA – 100% Financing
  • VA Cash Out Refinance to 100%
  • VA IRRRLs available

Richard Pannone
Director of Capital Markets

Province Mortgage - Process & Support - Marketing