When it comes to buying a home, is it better to go big or to set your sights on something smaller? It all depends on your unique circumstances, including family size, lifestyle and budget. Whether you're looking for a more affordable property, a... (Read More)
Ready to close on the purchase of your home? Congratulations! Closing day can be exciting — but also a bit overwhelming. At Primary Residential Mortgage, we are dedicated to providing a smooth and pleasant closing experience. Here are some of the... (Read More)
An FHA loan is a type of mortgage specifically designed to assist low-to-middle income borrowers. FHA loans are particularly attractive with first-time homebuyers because they typically require a lower down payment and most lenders are somewhat... (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)
Stop for a moment and really think about this one: What are you looking for in your next home? The National Association of Realtors surveyed home buyers nationwide on the home features that are most important to them and found that home buying needs... (Read More)
Do you understand the difference between a property appraisal and a home inspection? Surveys show that many home buyers - even those who have purchased homes before - have some level of confusion about these two key aspects of a home purchase... (Read More)
When you buy a home, there is a specific amount of money you will need to pay to secure the house. The rest of the cost of the house can be divided into monthly payments using a home loan. The following is how you can figure out how much cash you'll... (Read More)
Do you feel like the mortgage industry has language all its own? You're not alone. Surveys show that many consumers get frustrated with all of the unfamiliar terms, acronyms and phrases that are part of the mortgage application process. At PRMI, we... (Read More)
If you’re uncertain if you can meet the standards necessary to secure a conventional mortgage loan, a Federal Housing Administration loan might be the right choice for you. It’s a mortgage product backed by the government, which helps borrowers... (Read More)