Author Archives for Carlie Ortiz

Do I Need a Land Survey?

November 15, 2019 1:08 pm Published by Comments Off on Do I Need a Land Survey?

Have you ever heard of a land survey? Well, chances are, if you’re currently buying a home, or already a homeowner, you might need a land survey. Even if your mortgage lender or title company doesn’t require it, the extra steps may be worth the time and money spent. In basic terms, a land survey... Read More

The Pros of Government-Insured Loans

November 14, 2019 4:57 pm Published by Comments Off on The Pros of Government-Insured Loans

There are a wide variety of loan options available to homebuyers and current homeowners, so it can be difficult to know the ins and outs of every type of loan. In the mortgage industry, there is a clear distinction between two different groups of home loans: conventional loans and government-insured (also known as government-backed) loans.... Read More

Benefits of VA Loans

November 13, 2019 10:13 am Published by Comments Off on Benefits of VA Loans

Did you know that if you are a Veteran, you can qualify for a VA Loan? A VA Loan is a mortgage loan guaranteed by the U.S. Department of Veterans Affairs and was created to make housing affordable for eligible U.S. veterans and members of the military. VA home loans are available to veterans, reservists,... Read More

How to Support Veterans in Your Community

November 8, 2019 4:23 pm Published by Comments Off on How to Support Veterans in Your Community

Let your actions support veterans this year by thanking them for their service to our country. With Veterans Day approaching, it can be difficult to know how you can contribute and give back to our nation’s 23 million+ heroes. There are many organizations focused on everything from veteran’s assistance, to more targeted organizations focused solely... Read More

Using a Mortgage Lender vs. a Bank for Your Home Loan

November 7, 2019 2:40 pm Published by Comments Off on Using a Mortgage Lender vs. a Bank for Your Home Loan

Buying a home is one of the most important purchases you’ll ever make, so it’s best to stay informed of all the options available to you. Although both mortgage lenders and banks can help you get the funds you need to buy, there are pros and cons of each choice. Traditionally, mortgage lenders have more... Read More

VA Loan Product Image

VA Loan Products at PRM

November 5, 2019 11:04 am Published by Comments Off on VA Loan Products at PRM

For those who have given so much to us, we thank you for your service. Did you know that if you are a Veteran, you can qualify for a VA Loan? A VA Loan is a mortgage loan guaranteed by the U.S. Department of Veterans Affairs and was created to make housing affordable for eligible... Read More

Top Amenities Renters Look For in a Property

November 4, 2019 3:27 pm Published by Comments Off on Top Amenities Renters Look For in a Property

Do you have a single property (or multiple) that you’re considering renting out? Similar to homebuyers, renters are looking for specific amenities from their living space. Does your property hold up to the competition? Check out this list of amenities to find out. Location You can make an educated assumption of the value of your... Read More

How to Master Second-Hand Shopping

November 1, 2019 4:35 pm Published by Comments Off on How to Master Second-Hand Shopping

We all know just how pricey the holiday season can be. From plane tickets to presents, November and December definitely aren’t easy on the piggy bank. Enter second-hand shopping. Not only is it better for the environment, but buying used products could also save you a ton of money long-term. Now, we aren’t saying you... Read More

Pros & Cons of ARMs vs Fixed-Rated Mortgages

October 31, 2019 4:35 pm Published by Comments Off on Pros & Cons of ARMs vs Fixed-Rated Mortgages

The Fed recently cut rates for the third meeting in a row in an effort to sustain the economic expansion. These unusually low rates could mean that now is a great time for you to buy a home or refinance your current mortgage. Dropping temperatures and busyness of the holiday season may be tempting reasons... Read More

Using Rental Income to Qualify for a Mortgage

October 30, 2019 11:55 am Published by Comments Off on Using Rental Income to Qualify for a Mortgage

One of the key factors in your mortgage approval while buying a home is your debt-to-income ratio (DTI). Aside from your job, there are other sources of income that could impact your DTI. One that you may not have considered yet is the potential for rental income from property you already own, or even from the home... Read More