Primary Residential Mortgage

Primary Residential Mortgage Delaware Mortgage Lender and Loan Officers helping with Purchase and Refinance of Residential Properties. Our branch manager, John R.

New Jersey Department and Banking and Insurance, New Jersey Residential Mortgage Lender License. Finding the right Delaware mortgage company makes all the difference when buying a home. Why stress over the numbers and paperwork, when you can relax and let us handle the legwork for you. Whether you're a Delaware first-time home buyer, Delaware real estate investor, or simply moving to a new home, o

ur in-house financing and variety of mortgage loan options will ensure that you receive the best mortgage program for your unique needs. Primary Residential Mortgage is a Delaware mortgage company that provides Delaware mortgage loans for the purchase or refinance of homes in Delaware. We are a Delaware mortgage banker and a mortgage broker. Thomas is the author of the Book Your Guide to Buying Your First Home in Delaware. He sponsors a free first time home buyer seminar every month in Newark, DE, Wilmington, DE and Dover, DE. We are a preferred lender for the Delaware State Mortgage Bond Program and other Delaware Down Payment Assistance Programs. Licensed by the NJ Department of Banking and Insurance. Pennsylvania Department of Banking and Securities District of Columbia-Department of Insurance, Securities and Banking Department MLB3094
Virginia-Bureau of Financial Institutions: MC-2248 Broker MC-2248 NMLS # 3094 (http://nmlsconsumeraccess.org). For refinance advertisements, that state, a reduction on monthly payment, please note: the total finance charges maybe higher, over the life of the loan. John Thomas NMLS 38783
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Delaware real estate investors: not every investment property loan is built around credit score or rental income. 🏠The E...
08/16/2026

Delaware real estate investors: not every investment property loan is built around credit score or rental income. 🏠

The Equity First Loan Program is a business-purpose mortgage for non-owner-occupied investment properties. Instead of focusing mainly on FICO score or DSCR, this program looks at the equity position in the property.

That may help investors who have:

âś… No minimum FICO requirement
âś… No FICO score available
âś… No minimum DSCR
âś… No reserve requirement
âś… Recent bankruptcy history
âś… Foreign national or ITIN borrower status
âś… Strong equity in a Delaware rental property

Key guideline: the property must leave at least $150,000 in remaining equity after closing, with financing typically up to 55% LTV/CLTV.

This is not a HELOC. It is a first-position investment property mortgage for business-purpose financing. đź“Ś

Learn More at https://delawaremortgageloans.net/equity-first-loan-program/

If you own or are buying a Delaware rental property and want to know whether Equity First fits, the first step is simple: review the property value, current payoff, and equity position.

JohnThomasTeam

Call Loan Officer John Thomas at 302-703-0727 (NMLS 38783)

🏡 What is the DSHA Smart Start Home Loan in Delaware — and when does it make sense for a homebuyer?The DSHA Smart Start ...
08/08/2026

🏡 What is the DSHA Smart Start Home Loan in Delaware — and when does it make sense for a homebuyer?

The DSHA Smart Start Home Loan is a Delaware mortgage option that can be a strong fit for qualified homebuyers who have the funds needed for their purchase and do not need DSHA down payment assistance.

One of the most important things Delaware homebuyers should understand is the difference between Smart Start and DSHA's down payment assistance options.

With DSHA Smart Start, the buyer uses the Smart Start first mortgage without a DSHA assistance second mortgage.

That means buyers may be able to use their own savings, eligible gift funds and allowable seller credits to help cover the funds needed for their home purchase.

Why would someone choose Smart Start instead of DSHA down payment assistance?

For the right buyer, Smart Start may provide:

âś“ A competitive DSHA first-mortgage option
âś“ No DSHA second mortgage
âś“ The ability to use eligible gift funds
âś“ Allowable seller credits
âś“ A simpler loan structure for buyers who don't need down payment assistance

Smart Start can potentially be paired with different types of first-mortgage financing depending on eligibility, including FHA, VA and Conventional financing.

The key is not simply asking:

"Can I get down payment assistance?"

A better question is:

"Which DSHA loan structure gives me the best overall financing strategy based on my available funds and homebuying goals?"

Sometimes assistance is extremely valuable. Other times, a buyer who has sufficient funds may be better served by evaluating DSHA Smart Start without down payment assistance.

That's why I believe in comparing the options before deciding.

đź“Ť I help homebuyers throughout Delaware, including Newark, Wilmington, Bear, Middletown, Smyrna, Dover and surrounding communities, understand their mortgage options and build a financing strategy around their individual situation.

If you're planning to buy a home in Delaware and want to know whether DSHA Smart Start, DSHA down payment assistance, FHA, VA or Conventional financing makes the most sense, contact me and we'll compare your options.

Learn more at https://delawaremortgageloans.net/dsha-smart-start-home-loan-delaware/

John Thomas
Mortgage Loan Officer
NMLS #38783

đź“© Send me a message here on LinkedIn to discuss your Delaware homebuying plans.

Honored. Grateful. Motivated.I'm incredibly honored to be recognized as a July Top Producer for Primary Residential Mort...
08/05/2026

Honored. Grateful. Motivated.

I'm incredibly honored to be recognized as a July Top Producer for Primary Residential Mortgage, Inc.'s Mid-Atlantic Division.

This recognition isn't about one person—it's about the incredible clients who trust us with one of the biggest financial decisions of their lives, the amazing Realtor partners we work alongside every day, and a team that's committed to delivering an exceptional mortgage experience.

To every client, referral partner, family member, and friend who has supported the John Thomas Team... thank you. Your trust means everything.

If you're planning to buy a home in Delaware or Maryland, whether you're a first-time homebuyer, moving up, or exploring Down Payment Assistance, VA, FHA, USDA, or Conventional financing, we'd love the opportunity to help.

Here's to helping even more families achieve homeownership!

Learn more at the link in our bio or visit:
https://delawaremortgageloans.net/delaware-mortgage-loan-officer-john-thomas/

Did you know Delaware first-time homebuyers can get up to $10,000 to help buy a house? 🤯🏡If you have steady income but h...
06/20/2026

Did you know Delaware first-time homebuyers can get up to $10,000 to help buy a house? 🤯🏡

If you have steady income but haven't been able to save up a massive chunk of cash for closing costs, the New Castle County DPS Program might be exactly what you need to finally stop renting.

Here is why this program is a game-changer for 2026: 🔹 Up to $10,000 for down payment & settlement costs 🔹 0% Interest on the assistance loan 🔹 No monthly payments required for the first 2 years! 🔹 Works perfectly with FHA, VA, USDA, and Conventional loans

Who qualifies? You must be a first-time buyer purchasing a primary residence in New Castle County (outside Wilmington city limits) and meet the 2026 household income limits.

Navigating assistance programs doesn't have to be overwhelming. I’ll help you secure the absolute best first mortgage and coordinate seamlessly with your HUD-approved housing counselor to get your DPS application approved. 🤝

Ready to see if you qualify? Tap the link in my bio (or click the link below!) to read the full breakdown of the 2026 guidelines. 👇

đź”— https://delawaremortgageloans.net/new-castle-county-dps-program-delaware-first-time-home-buyer-down-payment-assistance-program/

📱 Call/Text to get started: 302-703-0727

John Thomas Branch Manager | NMLS #38783 Primary Residential Mortgage, Inc. Newark, DE

06/09/2026

City of Wilmington employees: Are you missing out on a $4,000 homebuyer grant? 🏡💸👇

If you work for the City of Wilmington, you need to know about the "Live Near Your Work" program. Watch this quick breakdown to see how you can get up to $4,000 to help cover your down payment and closing costs!

đź’ˇ Here is how the program works:
âś… It is Forgivable: You generally do not have to pay the $4,000 back if you live in the home as your primary residence for at least 5 years.
âś… Location Matters: The home must be a 1-unit property located strictly inside Wilmington, DE city limits.
âś… You Can Stack It: We can often combine this grant with an FHA or Conventional first mortgage to maximize your savings.

To qualify, you must have completed your City probationary period, meet current income limits, and contribute at least $1,000 of your own funds.

Navigating Delaware down payment assistance is exactly what we do. We help City employees line up the right mortgage and coordinate the grant so the funds are ready at the closing table.

📲 Ready to see if you qualify? Send us a DM or click the link in our bio to read our full 2026 guide on the Wilmington Employee Homebuyer Assistance Program!

📍 The John Thomas Team| Newark, DE 👤 John Thomas | NMLS #38783 📞 302-703-0727

📢 Virtual Home Buyer Seminar Saturday June 13, 2026 at 10 AM👉Register NOW! https://www.DelawareHomeBuyerSeminars.comLear...
06/09/2026

📢 Virtual Home Buyer Seminar Saturday June 13, 2026 at 10 AM

👉Register NOW! https://www.DelawareHomeBuyerSeminars.com

Learn How to Purchase a Home🏠 by attending this Virtual Home Buyer Seminar Saturday June 13, 2026 from 10 AM till Noon.

🔥🔥Taught by the Author of the Book, Your Guide to Buying Your First Home in Delaware.

Learn the Following:
âś…How to complete your personal family Budget to determine your maximum monthly mortgage payment
âś…How to investing in your own home as a real estate investment can generate long term wealth
âś…How to calculate the projected appreciation on your home
âś…Learn the tax benefits of owning your own home
âś…Learn how to get up to $2,000 every year as Federal Tax Credit for each year you have a mortgage payment
âś…Learn about the Delaware Mortgage Credit Certificate and how to apply
âś…Learn how to get pre-approved for a mortgage
âś…Learn about the Delaware First Time Home Buyer Programs and how to apply
âś…Learn about the Delaware Down Payment Assistance Programs and how to apply
âś…Learn about the Delaware Mortgage Loans available:
🔑Delaware FHA Loans
🔑Delaware VA Loans
🔑Delaware Conventional Loans
🔑Delaware USDA Loans
🔑Delaware FHA203k Loans
🔑Delaware Jumbo Loans
🔑Delaware Manufactured Home Loans
🔑Delaware Condo Loans
âś…Learn how to select a Delaware Licensed Real Estate Agent to represent you
âś…Learn how to select a Delaware Mortgage Loan Officer
âś…Learn how to search for homes for sale in Delaware
✅Plus much more……

đź’‹Kiss Your Landlord Goodbye!!

05/12/2026

Delaware essential workers, this one is important.

If you are a teacher, nurse, first responder, veteran, state employee, or other qualifying essential worker, you may have heard about the DSHA Delaware Diamonds Down Payment Assistance Program.

This program can provide $10,000 in forgivable down payment assistance, but right now the program is currently out of funds and not available. Learn more about Delaware Diamonds at https://delawaremortgageloans.net/dsha-delaware-diamond-dpa-program/

That does not mean you are out of options.

DSHA has other down payment assistance programs that may still help, depending on your income, credit score, first-time buyer status, loan type, and where you are buying in Delaware. Learn about all the current DSHA Options at https://delawaremortgageloans.net/dsha-loan-programs-delaware/

In this quick video, I explain what Delaware Diamonds is, why it is not currently available, and what other options may be worth reviewing.

The best step is not to guess. Let’s walk through your options and build a plan before you start making offers.

Call me at 302-703-0727 or schedule a quick DSHA down payment assistance review.

John Thomas
Primary Residential Mortgage
NMLS #38783

05/11/2026

Delaware home buyers: the DSHA Home Sweet Home Program is no longer currently funded, but that does not mean down payment assistance is off the table.

Home Sweet Home used to offer $12,000 as a 0% forgivable second mortgage. Today, buyers may still have other DSHA options available, including Keys4You, First State, Take5, and Diamond in the Rough. Learn more about DSHA Home Sweet Home at https://delawaremortgageloans.net/dsha-home-sweet-home-dpa-program/

The best program depends on your income, credit score, county, purchase price, and whether you are a first-time or repeat buyer. Learn about all the current offers from DSHA at https://delawaremortgageloans.net/dsha-loan-programs-delaware/

Have questions? Call or text John Thomas at 302-703-0727, and we’ll walk through your options step-by-step

05/07/2026

Thinking about buying a fixer-upper but not sure how renovation loans really work?

A renovation loan allows you to finance both the home purchase and the renovation costs into one mortgage. That means you may be able to buy a home with potential and update it after closing instead of paying out of pocket later.

These programs can work for FHA, VA, USDA, and Conventional financing depending on your situation.

The key is understanding the process before you start shopping.

Watch this quick video where I explain how renovation loans really work step-by-step. Learn more at https://delawaremortgageloans.net/renovation-lending-buy-and-renovate-with-one-loan/

If you’re thinking about buying and renovating a home in Delaware or Maryland, call Loan Officer John Thomas at 302-703-0727 and I’ll walk you through your options.

05/06/2026

🏡 Can’t find the right home in Delaware… or everything needs work?

Most buyers pass on homes that need repairs — but that might be a mistake.

With the DSHA Diamond in the Rough FHA 203k Loan, you can buy a home AND finance the renovations into the loan — up to $75,000 in repairs.

đź’° And you may also qualify for 5% down payment and closing cost assistance through DSHA.

I’ve personally used this program to save deals when appraisal repairs came back and the seller wouldn’t fix them.

👉 So instead of walking away… you could still get the home.

Learn more at https://delawaremortgageloans.net/dsha-diamond-in-the-rough-fha-203k-delaware/

📲 If you want to see if this works for you, call or text me at 302-703-0727
or message me directly here.

Let’s find a way to get you into a home — even if it’s not perfect yet.

— John Thomas

DelawareRealEstate

Address

248 East Chestnut Hill Road
Newark, DE
19713

Opening Hours

Monday 8:30am - 8pm
Tuesday 8:30am - 8pm
Wednesday 8:30am - 8pm
Thursday 8:30am - 8pm
Friday 8:30am - 5pm
Saturday 9am - 4pm

Telephone

+13027030727

Website

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