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The Karr Team
RMLO NMLS 230983
NMLS #: 1200324
Terri Karr: (972) 989-4329
Sidney Karr: (817) 917-2266
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25 Noble Court,
Rockwall, TX 75032
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Premier Nationwide Lending Protects Home Buyers From Rising Interest Rates

08/26/2013

Premier Nationwide Lending introduces a new program designed to allow home buyers to lock in an interest rate while shopping for a home.

Flower Mound, TX – Premier Nationwide Lending (PNL) is proud to roll out the “Lock and Shop” program through its retail origination channel.

“There is no question mortgage rates are increasing,” said Corey Kirkpatrick, Divisional VP - Production of Premier Nationwide Lending. “With the ‘Lock and Shop’ program, we will credit approve a home buyer and lock in their interest rate before they find the property they want to call ‘Home.’ We created this program with the consumer in mind. The home buying process is stressful. However, we don’t feel it should be. Let us take the stress away.”

With the “Lock and Shop” program from PNL, if rates go up, the borrower is protected. If mortgage rates decrease, the home buyer will have an option to “float down” to the lower rates.

Shane Campbell, National Sales Manager, is excited about this new program for home buyers and the positive impact it will have on the company’s growth. “Our licensed mortgage professionals are thrilled to offer this program to their clients. The threat of increasing interest rates stripping away a borrower’s loan approval is removed from the equation. This means less fallout and a greater opportunity to deliver excellent service to our borrowers and referral partners. In addition, loan professionals want to work for a company that offers these types of innovative programs. Prospective employees are drawn to the ability to offer the ‘Lock and Shop’ program.”

PNL will showcase the “Lock and Shop” program at the Texas Association of REALTORS Convention in September. “Our REALTOR partners want to work with a mortgage company that will fully credit approve a home buyer and lock in their interest rate before they begin touring homes. This makes for a much smoother process for real estate professionals as well,” Campbell added.

Premier Nationwide Lending is a privately owned Texas mortgage lender. 80% of the residential mortgage loans funded by Premier are for purchases. As a division of NTFN, INC., PNL operates retail, wholesale and correspondent origination channels. Sponsor NTFN Inc., NMLS #75333

Residential Mortgage Loan Originators

TERRI KARR AND SIDNEY KARR – a dynamic mother/daughter duo bringing their clients the perfect mix of education, product knowledge, and generations of mortgage expertise. Their seamless process will make the home buying experience less complicated and overwhelming; delivering their clients a “World Class” mortgage experience on time and on budget EVERY TIME! Terri, a graduate of Baylor University with a BBA in accounting, has been in the real estate and real estate lending business for over a quarter of a century. To date, Terri has helped nearly 3000 clients with their mortgage on personal homes, vacation homes and investment properties. When not working on the perfect mortgage experience for their clients, Terri enjoys yoga and being an active member and foster for Lone Star Bulldog Club Rescue. In addition, she serves on the executive board of the Disciples Women of First Christian Church Rockwall where she also participates in the hand bell choir. Terri is recognized as a member of The Producer’s Council at Premier Nationwide Lending. She has also been featured in Texas Monthly Magazine as one of the Five Star Mortgage Professionals in the state of Texas. She was honored as one of the company’s Top Producing Loan Officers every year since 2012. Sidney graduated from Hardin-Simmons University in May of 2014. She decided to follow in her mother’s footsteps and pursue a career in the mortgage industry. She received her NMLS license shortly after graduating and has become quite a powerful part of the team with an in-depth knowledge of specialty programs and credit restoration. As an accomplished equestrian with over 14 World Championship titles, Sidney has a true passion for animals. When she is not helping the team provide an exceptional mortgage experience to their clients, she likes to spend her time with her pets which include a Great Dane, English Bulldog, and two cats. She also enjoys spending time cooking for her friends and family, as well as providing therapy services with her Great Dane. Sidney is a deacon of the First Christian Church in Rockwall where she also participates in the hand bell choir. Let our generations of Mortgage Experience serve your family for generations!


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