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)

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 and preferences often vary by age. According to... (Read More)

The VA home loan program is an incredible benefit for our nation's veterans and active-duty military personnel. Have questions about this unique financing option? We have answers! Who qualifies for VA mortgages? The program is designed for... (Read More)

No one likes to read mounds of paperwork when buying a home. But there's one form you definitely don't want to gloss over. The closing disclosure form is one of the most important documents you'll review when buying a home. It explains the terms and... (Read More)

You're ready to buy a home. You have a great job, good credit and you're prepped for the responsibility of homeownership. But what about the down payment? Coming up with enough money to put down on a home can be one of the toughest parts of a home... (Read More)

Does your home have a laundry room? Energy-efficient appliances? A walk-in pantry? A patio or front porch? These are just some of the features home buyers want most, according to surveys conducted by the National Association of Home Builders. Also... (Read More)

How much of a downpayment do you need to buy a home? Less than you might think! Many people 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... (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)

When buying a home, you get to make a lot of decisions. One of the most important: You often have the option of selecting a fixed-rate home loan or one with an adjustable rate. ARMs are attractive to some home buyers today because the introductory... (Read More)