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PRMI Advantage

What Makes PRMI the Best?

Primary Residential Mortgage, Inc. (PRMI) empowers our branch network by giving them the key tools to compete with the nation’s most respected lenders regardless of size. You’ll have the infrastructure and resources of a world-class mortgage banker to help you coordinate every aspect of the mortgage banking process from origination to funding.

STABILITY 

The mortgage industry continues to experience unprecedented, industry-changing events. In the midst of chaos, PRMI’s steadfast commitment to our core principles has and will continue to provide us with uncommon stability. It has allowed us to overcome challenges and seize opportunities others cannot, establishing PRMI as an industry leader with ability to adjust quickly in a fluid market environment.

CHOICES 

PRMI maintains relationships with top correspondent lenders in the market. Mortgage Branches across the nation instantly view and select competitive conduits that buy mortgages on the secondary market. The choice of where a loan is directed is yours. There is no other mortgage company in the nation that provides its  branch partners with such unprecedented access and visibility to the secondary market.  We are widely regarded as the HUD compliant alternative to a mortgage net branch.

AGENCY DELEGATIONS 

For more than 10 years, We’ve use our extensive knowledge of these product lines to assist you in expanding your mortgage banking business.  

  • Non-Supervised Mortgagee Status as a HUD/FHA Direct Endorsement lender
  • Fully Delegated with Veteran’s Administration Automatic Authority
  • Direct Agency access as a Freddie Mac and Ginnie Mae Seller Servicer

 

NATIONWIDE


We provide the possibility for you to expand your business and lend in multiple states. In addition, we have an internal lending center that can help you close compliantly in 47 states. PRMI is not currently licensed in NJ, NY, WV, or DC.

PLATINUM BANKING ENGINE

With technology to instantly sort through competing correspondent investors, you’ll gain the competive advantage by finding the perfect loan program that fits your borrower’s needs. Evaluating side by side pricing comparisons allows you to benefit from micro competitive structures that maximize your profitability. A seamless interface allows you to instantly submit locks, increasing accuracy and production.

The Platinum Banking Engine puts dollars in your pocket faster. You no longer have to wait for a loan to be purchased off the warehouse line – your revenue is posted 24 hours after funding.

Once you’ve located the product that fits your borrower’s needs, and you’ve found the best price in the PBE, all you’ll need to do is simply click the Lock My Loan button in the system. It’s as easy as 1-2-3—no more dealing with confusing Investor online locking systems or holding on the phone forever to lock a loan. Once you click Lock, within seconds that lock will execute at PRMI Corporate and a representative will lock the loan with the Platinum Lender and send you a confirmation. You always maintain authority to control who your correspondent loans are sold to.

CAPACITY

Primary Residential had always maintained expandability through facilities, finance and purposeful growth. Fluctuations inherent in the mortgage business are managed by collaborative intelligence, forecasting and planning. Production capacity is continually expanded through automation, efficiency, physical and human resources. Warehouse capacity is increased through a business performance and secondary model unmatched in the industry, a standard we’ve set for over a decade. The maximization of PRMI’s capacity through a solid business model has been proven to meet the needs of our partners today and tomorrow

CUTTING-EDGE TECHNOLOGY


Lead your branch now and into the future with confidence and the knowledge you’re utilizing the most advanced technological resources the industry has to offer: Calyx Point Data Server, DataTrac, WebTrac, Optimal Blue, Accounting for Mortgage Bankers and Live Financials, vast resources on a corporate intranet site, customized dashboards and repor