You want to buy a home, but you don't have a 20 percent down payment saved. The good news is that in many cases, home buyers don't need that much money to buy a home. But you're going to have to set aside some money. How much? And how can you save... (Read More)

When buying a home, your credit score has a significant impact on your monthly mortgage payment. Generally, the higher your credit score, the lower the mortgage rate you may be able to qualify for. Likewise, the lower your credit score, the higher... (Read More)

The VA home loan program is one of the most flexible and attractive ways to finance a home today. There's no set downpayment requirement, no private mortgage insurance and rates are lower compared with some other types of loan programs. It's also... (Read More)

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)

When financing a home, you have a lot of choices, including the term of the loan. It's estimated that 80 percent of all home buyers elect to take out 30-year fixed-rate home loans. It's a popular option because of the low monthly payments. Less... (Read More)

Moving into a new home is a happy — and hectic — time. There's so much to do! We know your to-do list is overflowing in the days and weeks after purchasing a home. But we wanted to share with you two tasks that you'll want to put at the top of... (Read More)

You're ready to buy a home. You have a great job, good credit and you're prepped for the responsibility of homeownership. But what about the down payment? Coming up with enough money to put down on a home can be one of the toughest parts of a home... (Read More)

Today's mortgage rates remain near historic lows. Whether you're a home buyer, homeowner or home seller, you have an opportunity to save a substantial amount of money by taking advantage of today's low mortgage rates. Here are just some of the ways... (Read More)

The VA home loan program is one of the most flexible and attractive ways to finance a home today. There's no set downpayment requirement*, no private mortgage insurance and rates are lower compared with some other types of loan programs. It's also... (Read More)

Are you getting a tax refund this year? According to the IRS, the average U.S. tax refund is nearly $3,000, with some families getting thousands more. A large refund could be a nice addition to a downpayment savings fund. If you haven't started... (Read More)