PRMG - Erick Silva

About PRMG

Paramount Residential Mortgage Group Inc. (PRMG) is a privately held mortgage company and residential home lender that has been a leading lender in the mortgage industry for over two decades. PRMG has successfully assisted numerous borrowers in purchasing and refinancing their homes across the United States. The company emphasizes an aligned culture, believing that the internal operations drive external success. PRMG aims to provide customers with a 'Path to Pivot' towards more consumer-facing activities and modern lending technology, offering innovative products and industry-leading customer service. PRMG is licensed in 49 states and Washington D.C., with strategically located branches and operation centers nationwide. They offer a diverse range of loan products, including Jumbo, FHA, VA, USDA, and conventional loans, supported by cutting-edge technology and exceptional customer service. PRMG is an agency-approved direct issuer to Ginnie Mae and a licensed seller/servicer of Fannie Mae. Additionally, the company actively contributes to the community through its 501(C)3 non-profit foundation, PRMG Cares, which donates time and money to local and nationwide charities.

Credibility and Trust

PRMG has established significant credibility in the mortgage industry, consistently ranking among the Top 15 Leading Lenders for over twenty years. The company boasts an impressive customer rating of 4.9 out of 5.0 stars, based on approximately 90,000 reviews, highlighting a strong track record of customer satisfaction. PRMG is licensed in 49 states and Washington D.C., and is approved by the U.S. Department of Housing and Urban Development (HUD). As an agency-approved direct issuer to Ginnie Mae and a licensed seller/servicer of Fannie Mae, PRMG adheres to high industry standards. Their commitment to accessibility is further demonstrated by their compliance with Web Content Accessibility Guidelines 2.1 (WCAG 2.1) at the AA level, ensuring their website is usable by a wide range of individuals. The company also operates with transparency, providing access to licensing information and a clear privacy policy.

Offerings and Solutions

PRMG offers a comprehensive suite of home mortgage solutions designed to meet diverse borrower needs. They provide a wide array of loan products, including Government-Backed Loans (FHA, USDA, VA) known for lower credit score and down payment requirements, and Conventional Loans, which typically require higher credit scores but may offer lower interest rates. PRMG also offers specialized loan options such as Manufactured Home Loans, Renovation Loans for property improvements, Non-Qualified Loans for individuals with unique financial situations, Interest-Only Loans for flexible repayment, Non-Conforming Loans for amounts exceeding standard limits, and Jumbo Loans for financing higher-priced properties. Borrowers can choose between Fixed Interest Rates for predictable payments or Adjustable Interest Rates that may offer initial lower rates. Their services are supported by advanced technology and a commitment to industry-leading customer service, guiding clients through the homeownership journey.

Unique Advantages

PRMG distinguishes itself through its extensive experience, having served the mortgage industry for over two decades as a Top 15 Leading Lender. The company's strong customer trust is evidenced by a 4.9/5.0 star rating from 90,000 reviews. PRMG's broad reach is highlighted by its licensing in 49 states and Washington D.C., coupled with a commitment to community support through the PRMG Cares foundation. They also emphasize a customer-centric approach with innovative products and modern lending technology.