PRM Blog

PRM Annual Food Drive

It’s the season of giving! Every year we hold an annual food drive to help support our local food banks. Last year 4,442 lbs. was collected and donated to four… [read more]

Why Use Lender Paid Mortgage Insurance (LPMI)?

With low interest rates and increasing home prices, LPMI offers an alternative for homebuyers to avoid additional monthly mortgage insurance payments when financing conventional loans, with less than 20% down… [read more]

disclosure

Mortgage Disclosure Rule Changes

New Truth in Lending Act (TILA) and the Real Estate Settlement Procedures Act of 1974 (RESPA) disclosure rules are on their way. Effective on or after August 1, 2015, new… [read more]

Student Loans

Co-signers Causing Surprise Defaults on Private Student Loans

Many students use a co-signer, typically a parent or a grandparent, to qualify for private student loans. Co-signers can also help students qualify for lower interest rates and are liable… [read more]

short sale

Buying a House After Bankruptcy, Short Sale or Foreclosure

If your clients are asking if they can ever buy a home again after short sale, foreclosure or bankruptcy…the answer is YES! At Pacific Residential Mortgage, we recognize that many… [read more]