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Monday 8:30am - 5:30pm Tuesday 8:30am - 5:30pm Wednesday 8:30am - 5:30pm Thursday 8:30am - 5:30pm Friday 8:30am - 5:30pm

PRMG - Alexandria, MN

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Alexandria, MN
PRMG - Alexandria, MN

PRMG has been a retail, wholesale, and correspondent lender since 2001. PRMG (Paramount Residential Mortgage Group Inc) is a Top Mortgage Lender.

PRMG (Paramount Residential Mortgage Group Inc) is a Top Mortgage Lender in 49 states and provides trustworthy service with VA, FHA, Conventional, and Non-QM products. PRMG provides reliable trustworthy service by offering options for VA, FHA, Conventional, and Non-QM products for first time homebuyers and real estate investors. PRMG is licensed in 49 states and is proud to be a top ranked wholesa

le and correspondent lender, and is committed to creating an exceptional experience for every person, every time. Since 2001, PRMG has successfully helped many borrowers purchase and refinance their homes throughout the United States.

11/20/2023

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]

11/17/2023

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!

11/16/2023

What is a temporary buydown? 😏 Take advantage of a home seller’s credit to get a LOWER monthly payment for the first few years of the loan.

PRMG's Robin Clayton explains how expenses are typically MUCH higher the first few years of your loan, so this is a great way to manage your budget and buy a home!

Ask your PRMG originator if a 1-0, 2-1, or 3-2-1 temporary buydown is the right move for your next home purchase.

11/15/2023

PRMG's Kevin Peranio shares his thoughts on the market and why these moves are happening!

Many challenges in the global markets are having an interesting effect on the US Treasury.

If you're seeking clarity in uncertain times, this video is a must-watch! 👀

11/15/2023

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]

11/15/2023

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://minneapolis572.prmgapp.com
📫 [email protected]

11/14/2023

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://minneapolis572.prmgapp.com
📫 [email protected]

11/13/2023

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]

11/12/2023

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! 🎉

11/10/2023

Tomorrow, we stand together to honor and thank the brave men and women who have selflessly served in the United States Armed Forces. 🎖️🪖

On Veterans Day, we express our deep gratitude to all of the veterans who have sacrificed so much to protect our freedoms and defend our nation. Their courage, resilience, and determination exemplify the very best of America.

We owe an immense debt of gratitude to these heroes and their families. PRMG would like to do our part by assisting eligible veterans and active-duty service members by achieving their homeownership dreams! The Department of Veterans Affairs offers a VA loan with incredible benefits. To qualify for a VA Home Loan, individuals must meet certain eligibility requirements, such as serving a minimum amount of time in the military and having an honorable discharge. Spouses of veterans who died in service or as a result of a service-related injury may also be eligible! 🏠

Learn more about how a VA Loan may benefit you at https://www.prmg.net/va-home-loans/.

Happy Veterans Day! ❤️🤍💙

11/10/2023

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!

11/09/2023

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]

Address

308 3rd Avenue E Ste. 104
Alexandria, MN
56308

Opening Hours

Monday	8:30am - 5:30pm
Tuesday	8:30am - 5:30pm
Wednesday	8:30am - 5:30pm
Thursday	8:30am - 5:30pm
Friday	8:30am - 5:30pm

Telephone

+19205403847

Website

http://minneapolis572.prmgapp.com/

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