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Loan Forbearance vs. Deferment: What's the Difference?

Are you facing hardship and worried about making monthly mortgage payments? Fortunately, homeowners have options to get some assistance in hard times. For example, during the financial crisis that began in 2020 as a result of the COVID-19 pandemic, the US government introduced a series of measures to bolster forbearance and deferment options. In times like these, forbearance and deferment are two options you may be able to take advantage of to temporarily postpone your mortgage payments.

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Loan Solutions for Non-U.S. Residents

We understand that unique circumstances often require unique loan solutions. This is why we offer a Foreign National Loan for non-U.S. residents.

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Love Your Home? Skip the Chocolate—Speak Your Heart with a Cash-Out Refinance

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Low and No Down Payment Mortgage Options

With so much debt weighing down new homebuyers, low and no down payment mortgage options can make a huge difference in getting people into their first homes

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Low Down Payment Options

...available to help borrowers come up with a down payment, and can often be combined with low down payment loan programs...no out-of-pocket down payment...

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Make Your Equity Work For You!

PRM is now offering a $1,000 credit to put towards your refinance closing costs! Make your equity work for you! Consolidate your finances and pay off debt!

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Suite 145
Beaverton, OR 97005

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Reverse Mortgage - Contents not provided by, or approved by FHA, HUD or any other government agency. At the conclusion of a reverse mortgage, the borrower must repay the loan and may have to sell the home or repay the loan from other proceeds; charges will be assessed with the loan, including an origination fee, closing costs, mortgage insurance premiums and servicing fees; the loan balance grows over time and interest is charged on the outstanding balance; the borrower remains responsible for property taxes, hazard insurance and home maintenance, and failure to pay these amounts may result in the loss of the home; interest on a reverse mortgage is not tax deductible until the borrower makes partial or full re-payment.


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