PrimeLending strongly believes in giving back to the communities in which we serve. Whether it’s contributing to national or local charities, we know the only way a community can truly grow is to help meet the needs of all those that live there.
With this belief in mind, PrimeLending is glad to donate a pre-determined amount from the proceeds of the loan to a charity from a list we provide you. In the event the charity of your choice is not listed, we would love you to provide the name of the charity of your choice. As long as it is a 501(c)3 organization, we will be thrilled make the contribution in your name.
Donations can be made with any loan offered by PrimeLending which includes:
- Conventional Loans
- FHA Loans
- VA Loans
- USDA Loans
- Jumbo Loans
Important things to note about this charitable donations…
- The amount donated will be .20% (maximum of $500) of the primary loan amount. For example, a $200,000 loan amount would equal a $400 contribution.
- The contribution will be made in the name of the borrowers listed on the Uniform Residential Loan Application.
- The borrower whose name appears on the contribution will receive a gift letter from the selected organization for tax purposes. Final approval of this as a tax deduction must come from your accountant.
- The choice to participate in the donation does affect the interest rate or terms of the loan
- If the borrower opts out of this offer, the amount of the donation may not be used as a credit or money back.
- The donation is made in the borrower’s name after closing.
Helping you with your home financing is a privilege and an honor. We aim not only to get you in the home of your dreams, but we also desire to help you live in the community of your dreams. PrimeLending Cares!