You've found the home of your dreams, the seller has accepted your offer and your loan application is being processed. When is the best time to "lock" your mortgage rate? And for how long should your lock be effective? If you're buying or building a... (Read More)

The appraisal is an important part of the home buying process. But what happens if an appraisal comes up short of the agreed-upon selling price? Here's an example: A home is listed for sale at $350,000. It's a multiple bidding situation, so you... (Read More)

Wondering if you qualify to purchase a home? It's a great time to find out! Primary Residential Mortgage makes first-time home buying easier with our FHA loan options. FHA Loans are geared toward hard-working families with low to moderate incomes... (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)

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

A good credit score is important if you're thinking about purchasing a home. Your credit score impacts the interest rate that you can get for a mortgage. It also can impact your ability to qualify for certain types of home loans. And if it’s... (Read More)

Are you getting ready to make an offer on a home? You'll need to decide how much money you're going to offer the seller, of course. And you'll also need to figure out how much to offer in earnest money. The earnest money deposit is an important part... (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)