Rising house prices and higher interest rates have made it more challenging than ever for first-time home buyers to break into the housing market. With these challenges in mind, many first-time buyers have decided to use Federal Housing... (Read More)
Buying your first home is challenging in today’s market. Inventory is low, so finding a house that meets all your needs can be difficult. So what can you do instead? Build a home! With an FHA one-time construction loan mortgage, you can finance... (Read More)
Online mortgage calculators can be great tools. They allow potential homeowners to calculate mortgage limits and see what they may qualify for without booking an appointment with the bank or a mortgage broker. Here at PRMI, we believe these tools... (Read More)
Closing costs are a necessary evil when you're buying your first home. After all the excitement of purchasing a house, closing costs can ruin the mood. They're expensive and vary depending on where you are buying and what type of home purchase you... (Read More)
Have you always dreamed of owning a luxury home? You’re not alone. Most people like to daydream about a fancy house with all the most lavish amenities. It’s why we love hearing about expensive mansions that go up for sale. Recently, one of the... (Read More)
Preparing to buy your first home is an exciting and expensive process. That's why many first-time homeowners compromise on their first homes. They often don't have the capital, credit history, or equity for their dream homes. So, they buy a smaller... (Read More)
Buying a home with an adjustable mortgage rate is like riding a roller coaster. There are ups and downs as the interest rates move up and down with the market. Five years ago, that roller coaster was more of a toddler-friendly ride. There were peaks... (Read More)
Are you looking for a way to earn more money? Or a potential second career? Then it might be time to consider buying an investment property! Investment properties can be a great way to bring in more income. You can turn your investment property into... (Read More)
One drawback for many would-be homeowners is the idea of being responsible for home repairs. When you rent, if something breaks, you call the landlord, and it's their responsibility to arrange a repair and pay for it. That can be a very attractive... (Read More)