Primary Residential Mortgage makes first-time home buying easier with our FHA loan options. As an established FHA loan lender, our team helps you take the necessary steps to help you finance your own home. FHA Loans are geared toward... (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)

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)

Home equity is on the rise nationwide. Is it time to unlock yours? Home equity is basically the difference between your home’s market value and the total amount you owe on your mortgage. There are two basic ways to tap your home equity—... (Read More)

Have you checked mortgage rates lately? Fixed mortgage rates have been hitting a low for the year. Whether you're a home buyer, homeowner or home seller, the dip in mortgage rates could be a benefit to you. Today's low mortgage rates also have... (Read More)

Looking for a spacious home but have a limited budget? You may feel like you have to downsize your dreams, but don’t limit your options just yet! By making a few tweaks to your home search, you may be able to find a bigger home within your budget... (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)

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)

Ready to close on the purchase of your home? Congratulations! Closing day can be exciting — but also a bit overwhelming. At PRMI, we are dedicated to providing a smooth and pleasant closing experience. Here are some of the things you can expect... (Read More)