If you are a member of the military on active or reserve duty or a veteran, there's a special type of home loan designed for you. The VA home loan program is an incredible benefit designed to help members of the military —past and present —... (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)

An FHA loan is a type of mortgage specifically designed to assist low-to-middle income borrowers. FHA loans are particularly attractive with first-time homebuyers because they typically require a lower down payment and most lenders are somewhat... (Read More)

If your grocery bill is higher than last year, inflation is to blame. Prices are rising across the board for everything from food to gas and even houses. In Oct. 2020, US consumer prices rose 6.2%, the most considerable inflation increase in the... (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)

Are you looking for a home your children and pets will enjoy? You're not alone. Many people make home-buying decisions on the needs of not only their children, but their pets, too. Surveys show that home buyers with children are looking for homes... (Read More)

Do you feel like the mortgage industry has a 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 Element... (Read More)

Filing your tax return early is a great idea, especially if you're getting a refund. You'll get your money faster. But here's another important reason you might want to file as early as possible: refund fraud. Refund fraud is a type of identity... (Read More)

When buying a home, you get to make a lot of decisions. One of the most important: You often have the option of selecting a fixed-rate home loan or one with an adjustable rate. ARMs are attractive to some home buyers today because the introductory... (Read More)

Buying your first home is a big deal! It’s fun to celebrate such a significant milestone, but when you’ve finished drinking the champagne, you may feel a sinking sense of dread. Don’t worry. That feeling is normal. Feeling overwhelmed... (Read More)