Many people today believe that in order to purchase a home, you need a 20 percent downpayment. Studies show it's one of the most enduring home buying myths. In reality, the median downpayment among all home buyers is only about 10 percent. For... (Read More)

At Primary Residential Mortgage, we know that every home buyer is unique. That's why we offer a variety of mortgage options, such as FHA home loans, for home buyers. Home loans insured by the Federal Housing Administration offer a lower downpayment... (Read More)

At PRMI, we know that home buyers often have a lot of questions. Well, we have answers! We love educating families about the home financing process and helping them make decisions that are right for them. Here are some of the most common FAQs about... (Read More)

Homeowner and renter insurance plans are designed to protect you in the event of a disaster such as a fire. But with all the items in an average household, it's imperative that you document your belongings so that you can file an accurate and timely... (Read More)

Feel like you missed the low mortgage rate window? Think again. Mortgage rates remain near historic lows, providing a unique opportunity for many to buy a home or refinance. Did you know that in the early 1970s, mortgage rates hovered between the... (Read More)

If you are a member of the military on active or reserve duty or a veteran, there's a special type of financing designed for you. The VA home loan program is an incredible benefit designed to help members of the military —past and present —... (Read More)

Whether moving for a new job, a better life, retirement or simply a change of scenery, Americans are doing a lot of moving around. Where are they all going? That's a question that can be answered each year by United Van Lines’ Migration Study... (Read More)

Owning a home. It's a dream shared by many people. But for those who have lower income, especially if they have less than perfect credit, that dream may seem out of reach. Impossible. Fortunately, this is not true. An FHA loan can be the answer to... (Read More)

Buying a fixer upper is something many people scoff at and then run the other way. Unfortunately, they could be missing something really valuable. If you're one of these people, take a minute to read over the pros and cons of buying a home that... (Read More)

VA home loans are specifically designed to meet the home-buying needs of former and active duty service members. Unlike traditional mortgages, VA loans usually require no down payment and offer a variety of other benefits including: No monthly... (Read More)