Primary Residential Mortgage, Inc. 1

NMLS#

988438

About

Primary Residential Mortgage, Inc. 1

Primary Residential Mortgage, Inc. (PRMI) is a real estate lending company dedicated to providing reliable and secure mortgage solutions. Established with a commitment to excellence, PRMI offers a diverse range of loan options tailored to meet the unique needs of its clients. With a focus on integrity, transparency, and customer satisfaction, PRMI strives to make the mortgage process as smooth and straightforward as possible. The company's team of experienced professionals works diligently to guide borrowers through each step, ensuring clarity and comfort throughout the loan application, approval, and closing processes. By combining personalized service with industry expertise, PRMI aims to empower individuals and families in achieving their homeownership dreams. Visit www.primeres.com for more information on PRMI's services and how they can assist you with your mortgage needs.

Loan programs at

Primary Residential Mortgage, Inc. 1

- Conventional Loans: These loans are not insured or guaranteed by the government. They typically require a higher credit score and offer flexible terms and down payment options.

- FHA Loans: Backed by the Federal Housing Administration, these loans are designed to help first-time homebuyers and those with lower credit scores qualify for a mortgage. They have low down payment requirements and offer competitive interest rates.

- VA Loans: Exclusive to veterans, active-duty service members, and eligible surviving spouses, VA loans are guaranteed by the Department of Veterans Affairs. They offer benefits such as zero down payment, no mortgage insurance, and flexible credit guidelines.

- USDA Loans: These loans, insured by the U.S. Department of Agriculture, are tailored for individuals in rural areas with moderate incomes. They offer 100% financing options and typically have lower interest rates.

- Jumbo Loans: Meant for higher-priced properties that exceed conforming loan limits, jumbo loans provide financing options for luxury homes. They usually require larger down payments and have stricter qualifying criteria.

- Reverse Mortgages: Available to homeowners aged 62 and older, reverse mortgages allow seniors to convert part of their home equity into cash without the need for monthly mortgage payments. This specialized loan is subject to specific requirements and regulations.

- Renovation Loans: For individuals looking to purchase a property in need of repairs or upgrades, renovation loans provide financing for both the purchase and renovation costs. Options like FHA 203(k) and Fannie Mae HomeStyle loans are available.

- Construction Loans: These loans are used to finance the construction of a new home or major renovations. They typically have higher interest rates during the construction phase and transition into a traditional mortgage upon completion.

- Refinance Loans: Designed for homeowners who want to replace their current mortgage with a new loan, refinance loans can help lower interest rates, shorten the loan term, or access home equity for other purposes.

Please note: Loan programs may vary based on location and borrower eligibility. For more detailed information and specific loan options, please visit our website at www.primeres.com.