Home Loans & Refinancing
Home Financing Simplified!
Buying a home is one of the biggest financial decisions you’ll ever make—we’re here to make it easier. At PRMI Home, we combine local expertise with the strength of a national lender to guide you every step of the way.
Feel Like Mortgages Are Overwhelming?
You're not alone!
Between confusing terms, rate shopping, and unclear next steps, it’s easy to feel stuck.
When it comes to financing your home, you deserve more than just a loan—you deserve a partner.
Meet Our Mortgage Coaches
We're Your Home Loan BFFS
Why Choose PRMI Home?
When it comes to financing your home, you deserve more than just a loan—you deserve a partner.
● Personal guidance from a local team who understands your market.
● Flexible loan options designed to fit every buyer’s situation.
● Clear communication so you never feel lost in the process.
● Fast, smooth closings backed by years of lending experience.
Loan Options that Fit Your Life
Whether you’re buying your first home, upgrading, or refinancing, we’ll help you
find the loan that matches your goals:
Conventional
A classic choice with flexible terms.
FHA Loans
Lower down payments, perfect for first-time buyers.
Lowtility Loan
A unique program that lets you buy your home and roll in solar panels or smart home technology in the same loan, giving you more buying power by reducing utility costs.
VA Loans
Zero down payment options for veterans and service members.
USDA Loans
Affordable financing for rural and suburban areas.
Jumbo Loans
Financing for higher-value homes.
Refinance Options
Lower your rate, consolidate debt, or access equity.
👉 Not sure which loan is right for you? Our team will walk you through the options and find the best fit.
The Lowtility Advantage
Most lenders only look at your mortgage payment (PITI). But real life includes utilities. With a Lowtility Loan, you can replace your monthly utility costs with buying power—without increasing your budget.
That means you may qualify for more home or smarter upgrades by rolling solar and efficiency improvements into your mortgage.
💡 Imagine buying your home and reducing your utility bills at the same time. That’s the power of Lowtility.
Here's How It Works:
Step 1
Talk With
An Expert
Your loan officer is your partner throughout this entire journey. They'll answer any of your questions at any time. Their goal is to help you feel confident about your decision from the application all the way to the closing table.
Step 2
Fill Out an Application
The application gives our team more background into your current situation, goals, and helps them come up with a game plan to get you started!
Step 3
Explore Your Options
This is when you'll start to submit all of the formal paper work like pay stubs, taxes, and other important financial documents that our underwriters will need to write up your loan. You'll be in contact with both a loan officer and one of our in house underwriters!
Step 3
Close with Confidence
You've done it! You've completed the loan process and now you're so much closer to your goals! All you have to do is sign the dotted line and it's official!
Real Clients. Real Results.
Listen to what over 2,000 of our happy customers had to say about saving thousands of dollars on their financing.
Meet the Experts Behind the Mortgage Magic
PRMI Home is part of Primary Residential Mortgage, Inc., a nationally recognized lender that has served families across the country with over $100 billion in home loans. As your local branch, we bring the best of both worlds: the resources of a national lender and the personalized care of a hometown team.
Our mission is simple—make the mortgage process clear, approachable, and tailored to you.
Ready to Find Your Home?
Whether you’re buying your first home, refinancing, or exploring the Lowtility upgrade, PRMI Home is here to make the process stress-free and straightforward.
Mortgage Know-How, Simplified.
Busting the Myth: Your Down Payment should be 20%
You might have heard a certain myth swirling around that could be holding you back. Allow me to clear the air and set the record straight on this one. Myth: Your Down Payment Must Be 20%
Let's address the elephant in the room – the 20% down payment myth. It's like an urban legend that's been passed down through generations. But guess what? It's not the only path to homeownership.
Reality Check: Flexibility is Your Friend
Sure, a 20% down payment can have its perks. It might mean a lower monthly payment or no need for Private Mortgage Insurance (PMI). But here's the thing: it's not a deal-breaker. There are mortgages out there that allow you to put down much less – sometimes as little as 3% to 5% of the home's price.
Explore Your Options
The mortgage world is like a buffet, offering a variety of options to suit your appetite. FHA loans, VA loans, and even conventional loans – they all come with their own quirks. Some require less upfront, making it easier to get your foot in the homeownership door.
The Big Picture
Here's the deal: while a 20% down payment can be great, it's not the only way to unlock the magic of homeownership. What matters most is finding a mortgage that aligns with your financial situation and long-term goals.
Remember, It's Your Journey
Your homeownership journey is as unique as you are. Don't let myths dictate your path. Get the facts, weigh your options, and make an informed decision that suits your wallet and dreams.
So, first-time homebuyers, don't let the 20% down payment myth hold you back. Flexibility, research, and a bit of mortgage know-how can open doors you never thought possible.
CHAT WITH A MORTGAGE COACH FOR FREE TODAY
Click here and fill out a short questionnaire. Once you submit the questionnaire, one of our Mortgage Coaches will be in touch with you within 24 hours to tell you how much money you could save with Lowtility.
Frequently Asked Questions
There's no such thing as a bad question!
What are the different types of home loans available?
There are several types of home loans available, including conventional loans, FHA loans, VA loans, and USDA loans. Each has its own eligibility criteria, down payment requirements, and benefits. We can discuss which option best suits your needs during our consultation.
What is the difference between pre-qualification and pre-approval?
Pre-qualification is an initial assessment of your financial situation to estimate how much you may be able to borrow. Pre-approval, on the other hand, involves a more thorough review of your finances by a lender, including verification of income, assets, and credit history. Pre-approval gives you a more accurate idea of the loan amount you qualify for and strengthens your offer when making an offer on a home.
How much of a down payment do I need to buy a home?
The down payment requirement varies depending on the type of loan you choose and your financial situation. Conventional loans typically require a down payment of 3% to 20% of the home's purchase price, while FHA loans may require as little as 3.5% down. VA loans and USDA loans offer 100% financing options for eligible borrowers. We can explore the options available to you based on your circumstances.
What is the difference between a fixed-rate and adjustable-rate mortgage (ARM)?
A fixed-rate mortgage has a constant interest rate and monthly payment throughout the life of the loan, providing predictability and stability. An adjustable-rate mortgage (ARM) has an interest rate that may change periodically based on market conditions, which can result in fluctuating monthly payments. We can discuss which type of mortgage aligns best with your financial goals and risk tolerance.
How long does the homebuying process typically take?
The homebuying process can vary depending on various factors such as market conditions, the complexity of the transaction, and individual circumstances. On average, it takes about 30 to 45 days to close on a home after the purchase agreement is signed. However, it's essential to be prepared for potential delays and work closely with your lender and real estate agent to navigate the process smoothly.
What documents do I need to apply for a home loan?
The documentation required for a home loan application typically includes proof of income (such as pay stubs or tax returns), asset statements (such as bank statements), employment verification, identification (such as a driver's license or passport), and information about any debts you owe. We'll guide you through the documentation process and help ensure you have everything you need for a smooth application process.
Ready to Make Your Move?
We're here to help you every step of the way. Let's find the best path forward.
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© 2025 Primary Residential Mortgage, Inc. All Rights Reserved.
by Primary Residential Mortgage, Inc. NMLS#: 919520 Utah DRE Mortgage Office License # 8335595. MLO 0117736. MC3094-122. All loans subject to credit and property approval. PRMI NMLS 3094. PRMI is an Equal Housing Lender. Some products and services may not be available in all states. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice. Privacy Notice: By submitting your information via our website forms, you are opting in to receive communications from PRMIHome.com. This includes but is not limited to Email and SMS communications. We value your privacy and assure you that your information will be handled with care. You may opt-out of these communications at any time by contacting us or using the unsubscribe link in our messages.
