An adjustable-rate mortgage comes with an interest rate that can change throughout the loan term. If you choose a fixed-rate mortgage, the interest remains the same throughout the entire duration of the loan.
We offer hundreds of loan programs so we can meet the unique needs of each customer. Common options include: Conventional loans FHA loans VA loans USDA loans Jumbo loans Renovation loans
PMI stands for private mortgage insurance. Mortgage insurance protects your lender’s investment if you default on your loan. It is normally required if your down payment is less than 20%.
Closing costs will vary depending on your situation, but they often include origination fees, appraisal fees, title insurance fees and more. You will receive an estimate of closing costs in advance so you know what to expect.
FHA loans are government-insured loans through the U.S. Department of Housing and Urban Development, also called HUD. FHA loans offer an excellent start to first-time home buyers, with options such as a low down payment or a low closing cost option.
Refinancing your mortgage is essentially replacing your current mortgage loan with a new one. In many cases, refinancing can help you reduce your monthly payment, get a more favorable interest rate, consolidate debt or get cash for home projects. Why Consider Refinancing? There are many different reasons to refinance your mortgage, and they’ll vary for […]
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PRMI NMLS 3094. PRMI is an Equal Housing Lender. Some products and services may not be available in all states. Credit and collateral are subject to approval. Terms and conditions apply. Programs, rates, terms and conditions are subject to change and are subject to borrower(s) qualification. This is not a commitment to lend. The content in this website has not been approved, reviewed, sponsored or endorsed by any department or government agency.