When you're buying a home for the first time, you're likely to encounter a host of mortgage terms and acronyms. Find them a bit confusing? You're not alone! Real estate really has a language of its own. At Primary Residential Mortgage, we're... (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)

Homeownership comes with some types of things that renters don't have to worry about, like home maintenance. But there's plenty of perks that make owning a home such an important part of the American Dream. There's nothing quite like the freedom... (Read More)

Are you getting ready to make an offer on a home? You'll need to decide how much money you're going to offer the seller, of course. And you'll also need to figure out how much to offer in earnest money. The earnest money deposit is an important part... (Read More)

Do you ever get your water bill and wonder how on Earth you and your family can use so much water in just one month? Many families don't realize that leaky faucets and toilets and other water-gobbling problems and habits can cost them a lot of money... (Read More)

Mortgage rates are hovering at their lowest levels ever, providing a unique and powerful opportunity for many to buy a home or refinance. We're talking about once in a lifetime home loan rates, and if you opt for a fixed-rate home loan, you can lock... (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 Primary Residential Mortgage, we know that many home buyers are interested in purchasing homes with water- and energy-saving features. But many times, it's hard to find the right 'green' home. That's why we offer the 203(k) home loan program... (Read More)

At Primary Residential Mortgage, the best part of our job comes when we can say the two most rewarding words we know — Welcome Home. We know there's something incredible about closing day, being handed the keys to your new home and beginning... (Read More)

The appraisal is an important part of the home buying process. But what happens if an appraisal comes up short of the agreed-upon selling price? Here's an example: A home is listed for sale at $350,000. It's a multiple bidding situation, so you... (Read More)