5 tips to help you prepare for a meeting with a PRMI advisor

In June of 2022, PRMI was ranked as one of the top residential mortgage lenders in the nation, according to Scotsman Guide’s 2022 annual list. As a company, we were honored to receive this recognition. Our CEO, Kenneth Hudson, said, “We are surrounded by exceptional branch partners and hardworking team members who are committed to helping borrowers reach their home buying goals. These are the people who make PRMI a Top Lender.” Hudson’s words ring true for our team here at PRMI. Our goal is to help our clients get the home financing they need to purchase the right home for their needs.

So if you’re a first-time home buyer feeling nervous about applying for a home loan, relax. Our team isn’t here to judge you. We’re here to ensure you can get the right financing for your needs. When you meet with a PRMI loan advisor for the first time, we want you to feel comfortable, relaxed, and ready for this big financial decision. We know signing a mortgage can feel a little intimidating, so we’ve compiled a list of tips to help you feel at ease during the application process.

• Find a local PRMI office. PRMI has offices across the country, so you can find a local PRMI loan advisor no matter where you are moving. Our local advisors know the market in their areas. Our local expertise can help you snag a deal in your area!
• Make sure your finances are in order. Before applying for a home loan, sit down with your partner and review your finances. Go over your budget and savings, discuss your financial goals, and disclose all debt or financial issues. Financial disclosures will come up in the pre-qualification process, so it’s best to get everything squared away before applying!
• Get your documents in order! When you’re applying for financing, you’ll need a lot of identification and financial documentation. Our loan advisors will be sure to tell you what to bring, but we’ve also created a handy checklist for you!
• Do your research first! Research the local market, neighborhoods, and market conditions before looking at houses with a real estate agent. A basic understanding of the local market can be handy before you get prequalified and have a set amount of time to buy.
• Set realistic expectations. Before you walk into a PRMI loan advisor’s office, the most important thing you can do is have a realistic expectation of your homebuying goals. Our advisors aren’t looking to surprise you during your interview. So if you’ve done your homework, you should have a good idea of what you can afford and what you’re willing to pay for a home.

Our PRMI team works hard to ensure our clients feel comfortable, prepared, and ready to become homeowners. We have hundreds of different home loan options to help you become a homeowner sooner rather than later. But if you’re anxious about this next step, work through this checklist. By the time you reach the end, you should have a clear idea of your homebuying goals and expectations, so there will be no need to feel nervous when you meet with your PRMI advisor.