Course Home. - Primary Residential Mortgage

Chart Your
Course Home.
The Last Career Move
You’ll Ever Need to Make.
At last. Your search is over.
For perhaps the first time in your origination career, you can
become truly productive with a mortgage partner who understands
that success is achieved as much by one’s ability to develop loyal
borrower relationships and purchase-referral sources, as it is by
competitive interest rates and compensation structures.
Primary Residential Mortgage, Inc. (PRMI) was founded in
1998 by Loan Originators to service the unique needs of Loan
Originators. We keenly understand that our organization is
only as good as our Loan Originators’ capabilities in creating
an unmatched customer experience for their borrowers and
referral partners. With this legacy in mind, every decision is made
with consideration for how it enables the organization’s Loan
Originators to be more successful at their craft.
Your search for a mortgage company that respects your opinions,
supports your needs, and aligns with your vision of what you
represent to your customers, ends when your partnership with
PRMI begins.
Welcome home.
A Clear and Focused Vision
for Successful Mortgage Professionals.
PRMI has a simple, but powerful plan that is guided
by a clear and focused vision to find the best and most
enterprising mortgage professionals in the industry,
and provide them an unmatched opportunity to grow
themselves and their business.
As a PRMI mortgage professional, you will partner with
one of the nation’s fastest growing mortgage lenders,
without foregoing the entrepreneurial spirit and the
power of choice that is at the heart of so much of your
professional and personal success.
We believe there is no greater recipe for success in real
estate finance than to combine the entrepreneurial
instincts of the industry’s best originators with the
financial strength, connectivity, and innovative thinking
of a Corporate Office that exists to enable its originating
partners’ personal and professional success.
PRMI.
Partnering With The
Mortgage Industry’s Best.
Primary Residential Mortgage, Inc. (PRMI) opened for business in 1998 with two
objectives that are foundational to every success achieved in the years since:
1.
2.
Deliver a positive and personal customer experience to help Americans
finance their home ownership dreams.
Develop a mortgage banking platform 100% retail-focused on attracting
the mortgage industry’s best talent through operational, financial,
regulatory, and relationship excellence.
Since that first year in business, PRMI has been the mortgage lender of choice for
more than 225,000 consumers, funding more than $41 billion of mortgage loans
in 49 states and the District of Columbia. Today, PRMI has more than 1,900
mortgage professionals at more than 240 locations nationwide, funding $5 billion
of retail production annually.
PRMI.
$47,000,000,000+
By The
Numbers
Total of mortgage loans made since PRMI opened in 1998
$6,000,000,000
Annual retail production
$1,000,000,000
Monthly warehousing capacities to fund loans
255,000+
Total number of consumers served since 1998
1,900+
Total employees nationwide
300+
Corporate office employees to support PRMI’s Branch locations
240+
Branch locations nationwide
100
Percent of production that is retail
98
Percent of volume funded in PRMI’s name
94
Percent of borrowers satisfied with their PRMI loan experience
84
Percent of production that is purchase-driven (not refinance)
49
States where PRMI is licensed
41
States where PRMI has a Branch location
18
Secondary market aggregates whose products PRMI offers
5
Full-time program administrators working to ensure PRMI’s Loan
Originators have cutting-edge products
2
Full-time product scenario desk associates
0
Debt: PRMI is one of the few mortgage banks that is debt-free
PRMI.
One of the Strongest
Mortgage Banks in America.
National Presence
Retail Focus
PRMI is a nationally respected, locally known mortgage
bank licensed to originate in 49 states and the District
of Columbia. PRMI has the connectivity, influence, and
presence of a nationwide mortgage banking enterprise
without the bureaucracy and corporate mandates so
common in large organizations.
PRMI focuses 100% of its efforts on retail mortgage
banking. We do not empower your competition by
offering wholesale and correspondent channels. We
create the best retail mortgage banking platform for the
industry’s best originators and originating managers
to grow their business and service their borrowers and
referral source partners.
Local Operations & Market Knowledge
PRMI understands that every market is unique. There
are no better market experts than the originators and
operators of the markets where we have operations. Our
business model is simple: Create the regulatory and
quality control structures to ensure we conduct business
safely with compliance and loan quality, and empower
Branches to design and control their operations locally.
Product Depth
PRMI has created a full suite of products to cover all
major lending choices as well as service for Fannie Mae,
Freddie Mac, Ginnie Mae, FHA, USDA and VA. PRMI
works with industry-leading jumbo loan investors and
more than 40 state housing authorities.
Marketing Support
PRMI has leading marketing technology and a team
of dedicated marketing professionals to support our
Branches with marketing strategy and execution. In an
industry that is increasingly purchase-business oriented,
marketing competencies allow originators to connect
more seamlessly with borrowers and build better
relationships with referral source partners. PRMI’s
focus on innovative marketing solutions, such as mobile
technologies, allow originators to better connect with
referral source partners, social media, and with proven
traditional marketing methods that continuously
outperform the industry.
Access to PRMI’s Executive Team
PRMI boasts one of the most experienced, connected,
and tenured executive teams in mortgage banking.
Each executive is available to our Branch operators and
originators in the field. Having been originators, this
team understands the importance of waking everyday
with the need to create a borrower relationship.
Rate Competitiveness
PRMI’s Capital Markets and secondary marketing team
consistently deliver a competitive rate expected by
both PRMI’s originators and borrowers. Unique among
independent mortgage banks, PRMI publishes the best
rate among all its capital market retail participants.
PRMI offers the Loan Originator up to three days of lock
extension at no cost.
Technology
Having made significant investments in some of the
industry’s best technological solutions, PRMI has one
of the largest internal software development teams
positioned at the forefront of the industry’s technology
curve. Whether it’s cutting-edge marketing technologies
to grow business, highly functional origination technology
to drive efficiency and productivity, or business-enabling
solutions that allow our originators and Branch operators
to focus on the highest value activities, technology
enhancement frames everything about how we envision
our business now and in the future.
Financial Strength
PRMI was founded on financial principles that are
core to its belief in providing a sustainable and trusted
mortgage banking platform. As a debt-free organization,
PRMI has incredible capacity to support its Branches
with competitive pricing, make investments in leadingedge technology, and support the growth and business
development goals of our partners in the field. Employees
and partners know that PRMI has the financial
wherewithal to support their future growth and to stand
behind all of its financial commitments.
Industry Connectivity
Primary Residential Mortgage, Inc. is one of the most
respected names in mortgage banking. Mortgage Bankers
Association, the Consumer Financial Protection Bureau,
FHA, and the White House’s Economic Advisory team
seek our voice and opinions. This connectivity provides
PRMI incredible access to influence change, and early
knowledge of changes impacting the mortgage industry.
Compliance Leadership
PRMI has created one of the most advanced compliance
management systems (CMS), and is industry-recognized
as a thought and opinion leader on matters of
compliance and regulatory requirements. As the
industry has embraced a wave of new regulations in
recent years, PRMI employees and partners know the
organization has made the necessary investments in
people, training and infrastructure to ensure it has a
leading place in the future of mortgage banking.
Culture
Our mission is to be a nationally respected, locally
known home loan company whose purpose is to finance
homeownership goals through a positive and personal
experience.
This mission is achieved by creating an environment of
mutual trust, open and honest communication, and a belief
that we are better together than we are as individuals.
PRMI.
A Safe Harbor for
Loan Originators.
Finally, a mortgage partner
that completely meets your needs.
We’ve become a safe harbor for thousands of mortgage professionals
where all their business needs are completely satisfied.
When it comes to mortgages, we don’t leave anything to chance,
especially when it comes to something as important as getting your
clients’ loans approved. We have streamlined the mortgage process
and provide all the tools and resources you need, so all you have to
do is spend time originating loans.
We’ll do all the rest. Quickly and completely.
Welcome Home.
It’s been a great journey and now you’re here!
We’ll do all we can to ensure your financial success and growth while making sure all of your clients’
needs are completely met and satisfied. We understand that every market is different and unique.
You are the expert in your market. We will help you design and control your operations seamlessly
and efficiently. We’ll create a safe harbor in compliance and loan quality and empower you to
manage your operations to best meet the needs of your customers.
We’ll give you technology support so your loan processes are streamlined, rate competitive, and
close on time. We’ll support your efforts with a team of marketing professionals who will help you
develop the marketing materials you need. You’ll have access to our senior executives to help you
strategize for success.
And we’ll give you the stability of one of the strongest mortgage banking platforms in the nation.
Welcome home to PRMI.
PRMI.
Alaska
Hawaii
A National
Presence.
240+
Locations Nationwide.
…And Growing!
888-678-5493 | PrimaryResidentialMortgage.com