Selling a home can be a nerve-wracking process. It's your baby, after all. You have been there through all the growing pains, from painting the walls your favorite shade, to upgrading the bathrooms and putting your finishing touches on the window... (Read More)
At PRMI, we love educating families about the home-buying process. It's an important part of what we do every day. Here are some of the most common questions from first-time home buyers – along with the answers.
How much of a down payment will... (Read More)
The holiday season can be tough on your credit score. Here are some ways to avoid seeing your credit score drop during one of the busiest shopping seasons of the year:
Pay your bills on time. Your record of on-time payments is a big factor in the... (Read More)
Nobody is perfect. Unfortunately, a less-than-perfect credit history can make it difficult to qualify for a traditional mortgage. That's because mortgage lenders generally look for credit scores of at least 640.
Past financial difficulties... (Read More)
Ever heard of a nonconforming or jumbo home loan and wondered what it is? It's a type of mortgage that has a balance that is above the limits for government-sponsored loans. In most parts of the country, any loan for a single-family home greater... (Read More)
Don't think your credit score is high enough for you to qualify for a mortgage? Ask us about the FHA Choice loan program! This incredible loan program is designed to help borrowers with less-than-perfect credit who have had difficulty qualifying... (Read More)
When financing a home, it's estimated that 80 percent of all home buyers elect to take out 30-year fixed-rate home loans. It's a popular option because of the low monthly payments.
Less popular are 15-year and 10-year fixed-rate home loans. The... (Read More)
Moving into a new home is a happy — and hectic — time. There's so much to do! At Primary Residential Mortgage, we know your to-do list is overflowing in the days and weeks after purchasing a home. But we wanted to share with you two tasks that... (Read More)
The VA home loan program has many benefits. One you may not know about: There's no specific waiting period after a short sale to apply for a VA loan. Other home loan programs have waiting periods of three or more years after a short sale to apply... (Read More)
For the fourth consecutive year, Primary Residential Mortgage has been named a Scotsman Guide 2016 Top Mortgage Lender in America.
PRMI was selected from hundreds of mortgage companies nationwide for this honor. To be eligible for consideration... (Read More)