Author Archives for Allison Pruitt

Cash out refinance

Take advantage of the equity in your home, with a cash-out refinance now!

February 28, 2019 10:18 am Published by Comments Off on Take advantage of the equity in your home, with a cash-out refinance now!

Is your 1040 getting you down? Tax season is upon us and you may be finding yourself faced with some unexpected expenses. Your home could be the solution. As you pay towards your mortgage, you accrue equity. As equity builds you can gain access to cash to use on emergencies, home improvements, or other expenses. Cash-out... Read More

Mortgage Rates

Factors That Impact Your Mortgage Rate

February 21, 2019 3:28 pm Published by Comments Off on Factors That Impact Your Mortgage Rate

Additional Factors That Impact Your Mortgage Rate We understand that your interest rate is one of the most important factors in your mortgage. After all, a lower interest rate means a lower total monthly payment. But how is the interest rate determined? Previously, we’ve addressed how Credit Score, Down Payment, Loan Type, Property Type/Location, Loan... Read More

Mortgage FAQs: Part 3

Mortgage FAQs: Part 3

February 13, 2019 11:58 am Published by Comments Off on Mortgage FAQs: Part 3

Frequently Asked Questions About Mortgages If you have questions about mortgage and the home-buying process in general, you are not alone. After the decades of experience our mortgage team has experienced, we know how to get you the answers to your most burning questions. We recently published Frequently Asked Mortgage Questions Parts One and Two,... Read More

FAQs About Mortgages | Pacific Residential Mortgage

Mortgage FAQs: Part 2

February 11, 2019 8:00 am Published by Comments Off on Mortgage FAQs: Part 2

FAQs About Mortgages Last week, we published a list of answers to our most Frequently Asked Questions about mortgages. Well, we’ve been in the business for a long time, so we have five more mortgage FAQs we think will help you through the home-buying journey. Here is part 2 of a multi-part series with some... Read More

Bank Statement Loan | Pacific Residential Mortgage

PRM Bank Statement Loan

February 7, 2019 11:10 am Published by Comments Off on PRM Bank Statement Loan

PRM’s Bank Statement Loan for Self-Employed Applicants We’re excited to introduce our PRM Bank Statement Loan, an alternative program specifically designed for your self-employed clients. Instead of tax returns, we use your client’s bank statements to analyze cash flow to qualify them for a mortgage. PRM Bank Statement Loan: Fixed and adjustable rates available Three... Read More

Mortgage FAQs | Pacific Residential Mortgage

Mortgage FAQs: Part 1

February 1, 2019 8:43 am Published by Comments Off on Mortgage FAQs: Part 1

Frequently Asked Questions About Mortgages We know that mortgages may seem complicated, but with decades of experience under our belts, we also know how to navigate just about any home loan. There are some common questions we think are important to understand before you start the home-buying process. Here is Part 1 of a multi-part... Read More