Sonny Smith Loan Officer NMLS 1969349

07/23/2026

🚨 Ok, here we go! Coming Soon 🏡
My kids and I have loved this home from day 1. The colonial look, comfortable space inside, big yard, quiet neighborhood, and great neighbors.
Contact my incredible realtor, Colby Phippin, for a tour. If you need help with the mortgage, my branch with PRMI can help. I just can’t take part in my own transaction.
Share this your friends and family who are looking for a wonderful home.

Sonny Smith
NMLS: 1969349
Primary Residential Mortgage, Inc

This 1784 square feet Single Family home has 3 bedrooms and 3 bathrooms. It is located at 30654 Satterfield Ct, Salisbury, MD.

07/14/2026

Not every refinance is designed to help you pull cash from your home's equity.

Sometimes the goal is simply to improve the structure of your existing mortgage so it better fits your financial goals. Understanding the different refinance options available can help you decide whether making a change is worth exploring. If you're curious about whether refinancing makes sense for you, send me a message and let's talk through your options!

Sonny Smith
NMLS: 1969349
Primary Residential Mortgage, Inc

07/13/2026

🏡 What determines a listing price?

I’m actually living this right now — working with my realtor Colby Phippin on pricing my own home here in Salisbury. It’s a good reminder that pricing isn’t just picking a number that sounds right. It comes down to:

✅ Home location
✅ Current housing market conditions
✅ Recent comparable sales in the area

As a Mortgage Loan Originator, I focus on the financing side of things, but I’ve built relationships with sharp, trusted real estate agents in Maryland, Delaware, and now South Carolina too.

If you’re thinking about buying or selling and want an introduction to a great local agent, send me a message — happy to make the connection!
Sonny Smith
NMLS: 1969349
Primary Residential Mortgage, Inc

07/09/2026

06/20/2026

South Carolina just landed at No. 3 nationally with an A grade (75.2) — and it was No. 1 last year and honestly, this is one of the reasons I moving from Maryland to South Carolina…affordability and a better housing market as a loan officer.

The numbers: SC builders are putting up nearly twice as many permits as the state's population share would suggest, and new construction is actually running 5.7% cheaper than existing homes. Wait what? New construction is CHEAPER! That's rare. Most markets charge a premium for new builds — South Carolina is doing the opposite.

Compare that to Maryland, which dropped 8 points and now sits in the bottom half of all 50 states. Despite having one of the highest median incomes among states that fell, Maryland's building activity just isn't keeping pace — a permit-to-population ratio of only 0.51 tells the story, not a favorable housing market to say the least.

South Carolina's affordability metrics:
Only about 36.7% of income is needed for a median home, but that building boom is exactly the kind of supply growth that points to a brighter future for buyers in SC. It's one of several reasons behind my move from Maryland to Irmo.

Let’s chat about getting your financials in order so you can buy in 2026-2027. Stop paying your landlords mortgage and start paying your own. Invest in yourself!
It takes some work, but I can tell from my own story, it’s worth it.

Sonny Smith
NMLS: 1969349
Primary Residential Mortgage, Inc
Your Home for Doctor Loans

States have a clear mandate to address housing affordability, so we are assigning grades based on how they are doing now and how well they are addressing the future, by building affordable homes. Data now updated for 2026.

06/16/2026

One of the biggest misconceptions about buying a home is that there’s only one way to come up with a down payment.
The reality is that buyers often use a variety of resources — and some qualified buyers may not need much of a down payment at all.

Where do down payments come from?
✅ Personal savings
✅ Proceeds from the sale of a primary residence
✅ Gifted funds from a relative or friend
✅ Selling stocks or bonds
✅ Down Payment Assistance Programs
✅ $0 Down — Yes, really! 🔑

0% Down Payment Loan Options:
🎖️ VA Loans — For eligible veterans, active duty service members, and surviving spouses. No down payment, no PMI, competitive rates. You EARNED this benefit — use it!
🌾 USDA Loans — For buyers in eligible rural and suburban areas who meet income requirements. No down payment.

Maryland buyers may also have access to:
🏠 Maryland Mortgage Program (MMP) — state-backed loans with down payment and closing cost assistance. Up to 5% and even up to 6% of the loan amount for eligible buyers

South Carolina buyers may also have access to:
🌴 Palmetto Home Advantage — up to 4% assistance, no first-time buyer requirement
🌴 Palmetto Heroes — for teachers, first responders, nurses, military & law enforcement 🎓🚒
🌴 SC Housing MCC — annual mortgage tax credit
🌴 County First — rural SC county buyers

The right loan for you depends on your service history, location, income, and goals. There are more paths to homeownership than most people realize — and my job is to help you find yours.

Send me a message and let’s explore your options!
Sonny Smith
NMLS: 1969349
Primary Residential Mortgage, Inc

06/15/2026

Seven seconds. That’s all it takes to make a first impression — and I’m not leaving mine to chance.

As someone who helps clients navigate the home buying and selling process every day, I knew I had to walk the walk when it came time to get my own home ready for the market.

Here’s what’s happening over the next couple weeks:

🔍 Pre-listing inspection — getting ahead of anything before buyers ever walk through the door
🪵 LVP flooring going in downstairs and in the bathrooms upstairs.
🏠 New carpet upstairs
🎨 Fresh paint throughout
🌿 Driveway and landscaping enhancements to nail that curb appeal
🌱 Spring grass came in nicely
First impressions can influence everything, especially when your home is hitting the market. Buyers often decide how they feel about a property within moments — which is exactly why I’m investing in preparation before the sign goes in the yard.

If you’re thinking about selling (or buying), I can connect you with trusted real estate professionals AND help you map out your financing strategy so both sides of your move go smoothly.

Send me a message and let’s connect!

Sonny Smith
NMLS: 1969349
Primary Residential Mortgage, Inc

06/05/2026

Would you owe capital gains tax if you sold your home today?

The current exclusion is $250K for single filers and $500K for joint filers — but here’s the catch: those limits were set in 1997.

Since then, home prices have risen roughly 3.5x. The NAR estimates that more than 25 million homeowners now sit on gains above $250K, and over 8 million have gains exceeding $500K.

That’s a powerful incentive to stay put rather than sell — and it’s one more reason inventory remains tight even as demand stays strong.

Speaking of demand — the latest job market data tells an interesting story. Job openings are surprisingly high and home prices continue to climb. Here’s what the numbers say 👇

National news and local views for the week