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)

Year in and year out, spring and summer are the busiest home buying seasons. And each year, home buying activity starts to slow down in August and September. Many people time household moves during summer vacations and want to be settled into their... (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)

Whether you're buying a home or refinancing, you have a number of choices when it comes to financing. One of those choices involves your loan term. While the overwhelming majority of home buyers and home owners elect to go with the 30-year mortgage... (Read More)

Do you have a move in your future? Summer is the busiest time of the year for moving. Whether you're moving yourself or hiring a mover, here are some important steps to ensure your move is a successful one: Hiring a mover —Do your research... (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)

Your down payment is in the bank and you're prequalified for a home loan. You're all ready to start looking at homes. Here are some tips for home buying the smart way: Don't go it alone. Some tech-savvy buyers like to use the Internet and mobile... (Read More)

You found a home your family absolutely loves. But you're not the only one who feels that way and now you're in a multiple-offer situation, competing against other home buyers for the same property. What's the best way to make an offer on a home... (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)