What company is PRMG?

What company is PRMG?

Paramount Residential Mortgage Group Inc.
Since 2001, Paramount Residential Mortgage Group Inc. (PRMG) continues to be a Top 25 Leading Lender in the mortgage industry. As a privately held mortgage company and residential home lender, PRMG has successfully helped many borrowers purchase and refinance their homes throughout the United States.

Is PRMG a good company?

Great Culture and People that Care As a loan officer PRMG is a company that cares about your success! They provide tools, resources, training options, and the platform for you to succeed. It is up to the loan officer to succeed in the role that they have agreed to perform in.

Who owns Paramount Residential mortgage Group?

Paul Rozo
Watching 70 percent of his mortgage banking competitors go out of business after the national real estate bust, Paul Rozo chose a strategy of growth for his Corona company, PRMG (Paramount Residential Mortgage Group), with the aim of surviving by grabbing market share.

What states is PRMG licensed in?

PRMG

STATE AGENCY LICENSE NUMBER
Alabama Alabama State Banking Department 21621
Alaska Alaska Department of Commerce, Community & Economic Development: Division of Banking & Securities Ak75243
Arizona Arizona Department of Financial Institutions 0910387
Arkansas Arkansas Securities Department 105623

Is PRMG a direct lender?

PRMG is a Fannie Mae and Freddie Mac direct lender, offering standard conventional products as well as Fannie Mae’s Homestyle Renovation, HomeReady by Fannie Mae and Freddie Mac’s Home Possible. Additionally, PRMG is a Ginnie Mae issuer and offers a variety of FHA, VA and USDA products.

What does PRMG stand for?

Paramount Residential Mortgage Group (PRMG) corporate headquarters is located in beautiful Corona, California since opening their doors in 2001.

Is PRMG a broker?

For 20 years strong, PRMG has been serving our wholesale brokers and correspondent partners. Built by Originators for Originators™. we believe it is our duty to educate, train and support our Third-Party Originators and those that they serve, especially in a time of uncertainty and an ever-changing marketplace.

Is Prmg a broker?

How big is PRMG mortgage?

Homebuyers borrowed a record $1.61 trillion in 2021, according to The Mortgage Bankers Association. And nearly $1.5 trillion in purchase mortgages were issued in 2020. Locally, PRMG has nearly 700 employees and is continuing to grow in size and milestones.

How big is PRMG?

Locally, PRMG has nearly 700 employees and is continuing to grow in size and milestones.

Is PRMG a bank?

As a privately-held mortgage banker and residential home lender, PRMG has successfully helped many borrowers purchase and refinance their homes throughout the United States.

  • September 30, 2022