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Primary Residential Mortgage is a direct lender with 240 retail branches across 49 states. The company offers a wide selection of loans and leverages the Blend lending platform for a more modern application process. But interest rates aren’t listed online, and you’ll need to choose a loan officer in your state before you can apply for a loan.
Loan products offered | Conventional, Jumbo, FHA, VA, USDA, Home Equity, Reverse, Refinance |
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Minimum credit score | Conventional: 620 FHA: 500 |
Minimum down payment (Conventional) | 3% |
State availability | Not available in: NY |
NMLS # | 3094 |
To apply for a loan, either call the company to find a loan officer and get prequalified, or start the online application after choosing a loan officer.
Basic eligibility for a Primary Residential Mortgage loan includes:
Here’s a list of Primary Residential Mortgage’s standard documentation requirements for all borrowers.
While not listed online, you can expect to pay about 2% to 5% of your home’s total price in fees, including application, origination and third-party fees.
To apply for a mortgage with Primary Residential Mortgage, either call the company or start an online application. To start an online application, here’s what you need to do.
Primary Residential Mortgage also offers these specialized types of mortgages:
Compared to other lenders, Primary Residential Mortgage offers a standard selection of mortgage types, including government-backed loans, jumbo loans, reverse mortgages and first-time homebuyer programs. While the bank has excellent ratings from past customers, the website lacks information about prequalification, and unlike some lenders, you’re forced to choose a loan officer before you can start an online application.
Compare top brands by home loan type, state availability and credit score. Select See rates to provide the lender with basic property and financial details for personalized rates.
As of August 2021, Primary Residential Mortgage has a 4.98 out of 5 rating on Zillow from over 5,500 customers, who report being happy with the helpfulness, knowledge and responsiveness of their loan officers. Primary Residential Mortgage is not accredited with the Better Business Bureau (BBB), and has had 26 complaints registered in the past three years.
Founded in 1998, Primary Residential Mortgage is headquartered in Salt Lake City, Utah. The company employs over 150 local team members in Utah and 1,500 employees nationwide. Primary Residential Mortgage offers 240 retail branches across the county and is licensed to do business in all states except New York.
Review by
Kat Aoki is a writer at Finder focusing on cryptocurrency, mortgages and personal finance products. Since 2011, she’s written hundreds of thoughtful and informative articles to help consumers make better decisions with their money. She’s well versed in working with leading brands in the finance and mortgage industry, including AMEX, Citibank and RealEstate.com.au. She earned a BS in Business Administration and Marketing from California State University and enjoys travel, hiking and yoga in her spare time.
If you prefer a lending process that combines technology with a human touch, Primary Residential Mortgage may be worth considering. However, the company doesn’t advertise its interest rates online, and you must choose a loan officer to begin the application process. We recommend calling the company to find a loan officer you want to work with, get prequalified, then compare quotes from other lenders.