PRMG - Sunny Isles Beach, FL

When you get a mortgage to buy real estate, you will be referred to as the borrower (or if you are getting the loan with another person, you might be called a co-borrower!). 🏡

Being a borrower means that you are the individual who was approved to borrow a specific amount of money to buy your dream home and are now responsible for repaying the loan in addition to the principal balance that you have been approved for! 💰🏦

Connect with our PRMG team to learn more about how we can help you get into the home of your dreams faster!
📧 [email protected]

A customer's experience with PRMG is important to us, and when we hear great feedback, we cannot wait to give our team a shoutout! 📣

This week we are sharing a phenomenal review from a customer who worked with Zack Flaherty, PRMG Loan Officer!

Do you know the difference between a Forward Mortgage and a Reverse Mortgage? 💸🏠

With a forward mortgage, the homeowner makes payments to their lender every month for several years. A reverse mortgage, on the other hand, is for individuals aged 62 or older, and the lender makes payments directly to the homeowner.

Homeowners can leverage their equity to refinance their current mortgage or even purchase a new home for retirement! The most common type of reverse mortgage is known as a Home Equity Conversion Mortgage, or HECM. HECMs are a loan program provided to eligible borrowers via the Federal Housing Administration. These loans are highly regulated, federally backed, and insured.

Learn how a Reverse Mortgage can work for you at https://www.prmg.net/prmg-reverse-mortgage-home/

Contact our PRMG team to get started today!
🌐 http://www.prmg.net
📫 [email protected]

National Philanthropy Day is a day for recognizing the importance of working together for the common good! Philanthropic deeds come in all different shapes and sizes — charitable giving, volunteering, etc. and no act of kindness goes unnoticed. 👏

At PRMG, we embrace and foster a spirit of courage and a tradition of giving back through the PRMG Cares non-profit foundation! PRMG Cares supports communities and special charities, such as the Wounded Warrior Project, the American Heart Association, and Go Red for Women.

Join a team that cares about their employees but also the communities and charities important to them! Check out available positions at https://www.prmg.net/careers/.

Connect with your local PRMG team members to learn more! 💙🧡
[email protected]

Do you have an Accessory Dwelling Unit (ADU)? An ADU is a smaller, independent residential dwelling unit located on the same lot as a stand-alone (i.e., detached) single-family home.

If so, we have GREAT NEWS for you! 🚨

FHA borrowers can now qualify for a loan using Rental Income from an Accessory Dwelling Unit! ✨
Allowed to use income for existing and prospective renters!
Can be up to 30% of the borrower's qualifying income!
Two months reserves are required!
Allowed on purchase and rate/term refinances!

Contact our PRMG team today to learn more!
🌐 http://www.prmg.net
📫 [email protected]

If you are buying a home for construction or flipping purposes, did you know that a Balloon Loan might be a good option for you? 🏡 🧰

A balloon loan, also known as a balloon mortgage, gets its name from the large size of its final payment. This loan is typically only 5 to 7 years, and the borrower has to pay the rest of the loan on their final payment, also known as a balloon payment. You can choose to pay an interest-only mortgage or one that includes both principal and interest payments. Balloon loans can be used to increase your cash for a down payment, reduce your interest charges, or pull equity out of your present house to buy your next house! 🎈💰

Connect with our PRMG team to learn more about how balloon loans can help you get into the home of your dreams faster!
📧 [email protected]

Wishing you a joy-filled Diwali! 🪔✨

As the festival of lights illuminates our lives, we come together to celebrate the triumph of light over darkness, good over evil, and knowledge over ignorance. May this Diwali bring you and your loved ones immense joy, prosperity, and peace.

Happy Diwali from our PRMG team! 🎉

Did you know today is the birthday of the United States Marine Corps? The Marine Corps was created during the Revolutionary War back in 1775. 🎖️

Today, on Marine Corps Day, we salute and pay tribute to the brave men and women who serve in the United States Marine Corps. The US Marines embody the true meaning of resilience, dedication, and sacrifice. With their unwavering commitment to protecting our nation, they exemplify heroism and honor in every mission they undertake. ❤️🤍💙

If you are an eligible veteran or an active-duty service member, let PRMG assist you in achieving homeownership! VA loans are an excellent option for service members with no payment required, lower interest rates, lower fees, and more! 🏡

Take advantage of this amazing opportunity now by learning at https://www.prmg.net/va-home-loans/.

Happy US Marine Corps Day!

Did you know there is a way to lower the interest rate on your home purchase using a permanent buydown or a temporary buydown?

A permanent buydown lasts the entire life of your loan. This is a great option for homebuyers who have extra funds and want a lower interest rate and a lower monthly payment. It can also work for those clients who are unable to qualify at the initial (higher) rate or the seller cannot fund the buydown.

A temporary buydown can be used when buying a new home or refinancing your current home! The seller can provide a closing cost credit that can be used to reduce the loan's interest rate for the first few years of the loan. This is a great option for homebuyers who are looking to keep their monthly payments lower at the beginning of their mortgage!

Connect with our PRMG team to learn more about how temporary buydowns can help you get into the home of your dreams faster.
📧 [email protected]

When making your monthly mortgage payment, have you considered whether you should pay a little extra? 🤔

If you have the means to do so, there are perks to adding more to your monthly mortgage payment! 🏡💰

Contact your nearest PRMG loan officer to learn more!
🖥 http://www.prmg.net
📧 [email protected]

PRMG isn't letting anything stop us from growing into one of the strongest leading lenders in the mortgage industry! Our goal is to successfully help as many borrowers purchase and refinance their homes all over the country!

Chris Sorensen, Sr. Vice President/Director of National Retail Production, has been with PRMG for over a decade! Check out why he thinks Branch Managers are joining PRMG and become part of the team today!

https://www.youtube.com/watch?v=2SzHtMPuVo4

[email protected]

It has been officially announced that the Feds will NOT raise rates on December 13! 📉

This means that future markers could see lower prices come this spring. Stay informed on how this huge announcement progresses. Don't miss out on the chance to lock in a great loan right now! 💰🔒

Reach out to your local PRMG team to get started today!
🖥 http://www.prmg.net
📧 [email protected]

The USDA is announcing some exciting changes! 📣

• The minimum credit score is now 600 (it was 620).
• Manufactured Home Purchase Transactions are now allowed! This includes the pilot option for the purchase of existing
manufactured homes which is allowed in limited states, and new manufactured homes.
• The Manufactured Home Pilot Purchase Option of existing manufactured homes requires manual underwriting and is allowed
in all channels.

This is great for borrowers, and we want to help you take advantage of this to buy the home of your dreams! 🏡🌟

Connect with our PRMG today to get started!
🖥 http://www.prmg.net
📧 [email protected]

Make time for the big task at hand today! Don't forget to head over to the polls and cast your ballot. 🗳️

Tomorrow, November 5, at 2 AM is Daylight Saving! Turn your clocks back one hour and get your day started sooner with that extra hour of morning sunlight! ⏰🔙

Use that time to contact our PRMG team to learn how you can make your dream of being a homeowner a reality!

PRMG is proud to be recognized for advancing homeownership for low-to-moderate income (LMI) minority clients and first-time homebuyers. This is a mission that is near and dear to our heart, and we are so honored to announce that the Chenoa Fund has created an award to acknowledge lenders who serve their communities, and PRMG received the first annual, Kani Award! 🤩

The Kani Award recognizes the company’s Correspondent Lending partners for their work in advancing homeownership by providing mortgages to the low-to-moderate income (LMI) minority population and first-time homebuyers. The Kani Award recipients were selected based on their share of mortgages sold to LMI borrowers in 2022. Each lender must be an active correspondent with at least $20 million in loan volume from 2022 and currently use Chenoa Fund programs.

🚨 Check out the official press release at https://www.prnewswire.com/news-releases/five-low-to-moderate-income-lenders-receive-kani-award-301963971

A PRMG employee who is ALL IN on creating a positive customer experience deserves a positive shout-out from their team! 📣

This week we are showing off a fantastic review for Aaron Rodriguez, PRMG Loan Officer!

BIG NEWS! 🚨 PRMG is now offering a product that will provide more financial security for borrowers!

If your home has increased in value and you are looking to access the equity in your home, you don't need to worry about losing out on your first mortgage's fantastic rate. With a Fixed Rate Second Mortgage, you can access money from your home's appreciated value without affecting your first mortgage! This is a great opportunity to start the home improvement and home repair projects you have had on hold!

Options include:
• Loan Amounts up to $750,000
• Max Combined Loan Amounts up to $3,500,000
• 10, 15, 20 or 30 Fixed Rate Terms Available!
• Unlimited Cash Out!

Connect with our team today to learn more about Second Mortgages with a Fixed Rate!
💻 http://www.prmg.net
📧 [email protected]

Día de los Mu***os is here!

Today begins a celebration of memories and good times inspired by our departed loved ones. 💙🧡

During the home-buying process, the following components determine if you are mortgage ready!

💳 You credit education and overall credit health
💼 Consistent income history and your potential employment
🎁 Down payment savings and access to gift funds

Based on how you fall in each section, the team at PRMG can help you get into the home of your dreams!

Contact us today to learn more about your options for becoming a homeowner!
[email protected]

Are you beginning to think about buying a home? An important aspect of this process is your credit score! 💳

If you currently have a good credit score, don't let it drop! Here are 6 things you can do to bring and keep your credit score up. 📈👍

Contact our team with any questions.
📧 [email protected]