See if you Qualify for USDA Home Loans!qualify for USDA Home Loan
Call TOLL FREE to speak
with a USDA Loan Specialist
855-474-7169
zero dollars down 100% financing competitive mortgage rates flexible mortgage credit

See if you Qualify!

Loan Information
Your Loan History
Personal Details
( ) -
★ Your information is secure and never shared. Read the privacy policy.

USDA Home Loan Advantages:

A USDA Loan specialist is waiting to talk to you.
AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY

100% financing home loans

Primary Residential Mortgage, Inc.
10121 N Rodney Parham, Suites C & D
Little Rock, AR 72227
855-474-7169
501-225-5626
NMLS # 3094
Branch NMLS # 252910
Licensed by Arkansas Securities Department 11558
PRMI Privacy Policy
PRMI Terms of Use
PRMI Consumer Voice
PRMI Licenses
Equal Opprtunity Lender

Some products and services may not be available in all states. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice.

Different Factors that You Need to Consider When Buying a House

Buying a house can make you feel a different kind of accomplishment. Getting a house is probably the biggest purchase that you’ll ever do. That’s why you need to carefully plan it before getting a loan. Be sure to think things through before getting a mortgage. Here are some of the questions that you might want to ask yourself before signing in the deal.

Do I See Myself Spending Years in This House?

Can you imagine yourself living in the house for several years? If not, then you might want to think about it first before applying for a mortgage. You have to know what kind of house would fit both your personality and your lifestyle. Check the neighborhood and see if you can do well with your neighbors. It’s always a must that you check out the neighborhood, especially if you’re planning to have a family. You want your kids to grow up in a nice environment.

Is the Price Reasonable Enough for the Property?

See if the real estate is reasonable enough for the seller’s price. You might want to conduct some inspection or hire a certified inspector in cities like Birmingham to check both the interior and the exterior of the house. Some houses might only be increasing its curb appeal by hiding the cracks in rugs or carpets. So be very cautious of those things.

Should I be Better off Renting?

Maybe you’re still not ready to have a house yet. Don’t force yourself to get a house if you’re not prepared for it. Having a house can be both emotionally and financially draining. You have to make sure that this is really what you want before getting yourself a mortgage. Having a mortgage is a very serious deal. If you miss your mortgage payments consecutively, there are chances that you will lose your house and everything that you’ve worked for. So if you still don’t have enough funds to pay for the down payment, or if your salary still wouldn’t be adequate enough to pay for your monthly mortgage, then you should consider renting an apartment first.

What Kind of Mortgage Term Do I want?

There are several mortgage terms that are available right now in states like Alabama. You have to know the right mortgage term that would work best for you. Ideally, getting a much shorter mortgage is much better since you’ll only be tied up with your mortgage for a few years. However, the monthly mortgage payment can be really high. So if you think that your paycheck wouldn’t be enough to cover your mortgage payments plus your other expenses, then try to choose a much longer mortgage term instead. You can either choose from 15-year, 30-years, or even a 40-year mortgage, depend on your financial capacity.

<< Back to the list.