Ruby Unison: New Option for Down Payment Funds on Ruby Jumbo Program!
Learn about this innovative way to get down payment funds for your borrowers and become certified to offer this option! Reach out to your PRMG Representative for information on how to get certified....
View ArticleManaging Mortgage Risk Trends in the FHA Single Family Portfolio
Comprehensive Approach Starts with Total Mortgage Scorecard Updates to Address High Debt-to-Income/Low Credit Score Combinations Lara Raush, V.P. of Products and Training Recently, the Federal Housing...
View ArticleNINE WAYS TO PULL TOGETHER THE DOWN PAYMENT FOR A HOME
NINE WAYS TO PULL TOGETHER THE DOWN PAYMENT FOR A HOME - WORTH THE READ IF YOU'RE SERIOUS ABOUT PURCHASING A HOME!1. Set up a dedicated account - Get going by setting up a savings account that pays...
View ArticleA Well-Planned Future in Reverse
There’s a generation among us living on a financial silent edge – those so monetarily strapped, that most months are spent in the dreadful negative. Our cherished old-timers. The ones who’d proudly...
View ArticleAre we choosing to Live our Lives through a Lens?
Does anyone remember back in early 80’s a song called "Living on Video" by the Canadian synth-pop band Trans-X?It was the advent of MTV’s Music Television in 1981 that redirected the trajectory of the...
View ArticleThe HECM Spin on Retirement
The HECM Spin on RetirementWhen it comes to Reverse Mortgage, the offerings of old have evolved toward what’s provided anew via the Home Equity Conversion Mortgage—also known as HECM. Rare is the...
View ArticleStrikes for Kids - PRMG Puyallup Branch Bowls for Charity
Strikes For Kids, a 501 (c) (3) national charitable organization, has been revamped and creating more buzz than ever. Along with the participation of Paramount Residential Mortgage Group, Inc.’s...
View ArticleLending Support - A PRMG CalHFA Preferred Loan Officer Answers Questions...
PRMG Sacramento Loan Officer Shelly Haines easily establishes real connections with her clients thanks to her warm personality and big laugh. Not only does the personal touch help her understand...
View ArticleClearing the Air on Common Reverse Mortgage Misconceptions
The HECM Program is gradually earning itself a renewed consumer confidence—and by no accident. HUD’s 2015 Financial Assessment implementation set in place borrower protections never seen in the...
View ArticleReversing the Life Quality for Today’s Senior
My grandma Katie was a strong-willed woman. She spent most her twenties living abroad, in pursuit of travel and career. She purchased her first home by 31, married her one-beloved around 33 and...
View ArticleTips to Work From Home!
PRMG is committed to maintaining a safe and healthy workplace for all of our employees while helping our customers continue to do business. To help PRMG employees and our customers prepare or adjust...
View ArticleAlert: Limited Google My Business functionality due to COVID-19.
In light of COVID-19, Google, announced last Friday that they will be operating with a limited team and as a result, there may be some temporary limitations and delays with support issues. Google's...
View ArticleMy Company Has Stepped Up
Tony Eddolls , Senior Loan Officer I’ve been in and around the Real Estate universe for 41 years. And oh, what a ride its been!I’ve been through the impact of double-digit rates in the late 70’s and...
View ArticleTips for Zoom Video Conferences
Hide Nonvideo ParticipantsWhen you are on a call with a lot of participants, it can get cluttered and distracting, especially if some don’t have their cameras on. Hide participants who aren’t using...
View ArticleThe Happiness Pursuit: One HECM at a Time
Happiness is often seen as a momentary emotion or fleeting experience. With a quick look-up on the web, Merriam-Webster Dictionary will tell you that “happiness” is a state of well-being and...
View ArticleLeveraging the Unexpected with Reverse Mortgage
Lennon once shared via song an invaluable truth to his young son: “Life is what happens to you while you’re busy making other plans.” J.L. learned early-on the meat and potatoes of life—they’re hidden...
View ArticleBackpedaling the Retirement Course with Reverse Mortgage
Ever find yourself in distress over things you cannot control? It’s not only an agonizing process, but a rather futile and unproductive one to boot. Innumerable studies have cautioned against...
View ArticleGetting Started with Social Media While Being Compliant
With the rise and influence of social media and digital marketing over the last decade, it’s hard to ignore the fact that this can be a powerful tool that is likely worth adding to your marketing...
View ArticleNot All Credit Scoring Models Are Creating Equal
Finding a first-time homebuyer who actually has the necessary credit score to qualify for a mortgage can be challenging. According to a study published by the Federal Reserve Bank of New York, more...
View ArticlePreserving Senior Wealth and Health with Reverse Mortgage
On the heels of the last economic rebound came this year’s untimely pandemic outbreak. The remnants of its impact will surely take years to measure, but its universal effect was felt immediately. A...
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