Paramount Residential Mortgage Group, Inc (PRMG) rolls out their PRMG Plus Down Payment Protection program. When it comes to putting borrowers first, PRMG has got you covered.
Where title insurance, private mortgage insurance and homeowner’s insurance each make lending more secure for the lenders, only PRMG Plus covers borrowers regardless of what happens in the housing market.
“PRMG understands that buying a home can be a big step for any borrower and that it takes a long time for a borrower to accumulate the necessary down payment to buy a home. As such, we are pleased to be able to offer PRMG +Plus to them. This is just one more way PRMG looks out for our borrowers, by providing them with the option to protect their initial down payment should they not be able to recoup it when they sell. This option gives them peace of mind as they invest into their new home, knowing that their down payment is safe, regardless of what happens in the housing market”, said Lara Rausch, PRMG Vice President of Products and Training.