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.

Biggest Mistakes that First-time Homebuyers In Utah Commit

You’ve been waiting to get a house for years, and now that you have enough funds for a down payment, you just hurriedly contact a lender to apply for a mortgage. But sometimes, rushing into things will only get you in a whole lot of trouble. It might even put your mortgage request into jeopardy. Here are the most common mistakes of homebuyers all listed into one.

Not Checking Your Credit History

Some people get too excited at the mere thought of having a house in cities like Provo that they most often forget to check their credit report. Your credit profile is the very first thing that lenders will check if you apply for a loan. If you failed to reach the required credit score, then there’s very little chance that your mortgage request will get approved. Try to have your credit score checked three to six months before you apply for a loan. That will give you a few months to try and work on rebuilding your credit score if you have any problems with it. Check if you have any disputes. If you see that there are a few errors on your credit score, then try to get in touch with the company that it was listed under. Have it clarified with them and then ask to have it revised. What’s important is that you were able to have your credit score in perfect standing before you apply for a mortgage.

Using All Your Savings to Pay for the Down Payment

It’s a rather bad idea to use all your savings just for the mortgage down payment alone. There are still a couple of fees and charges that you have to worry about aside from the down payment. Putting all your budget on just the down payment alone will leave you short on funds for other expenses. What you can do is leave a little allowance on your house budget when doing some house hunting. Don’t buy a house that barely even fits your gross income. Bear in mind that you do have other expenses to worry about like the utility bills, maintenance and repairs, and even the groceries. Always leave a little space in your budget so you wouldn’t have any problems with your finances once it gets approved.

Not Searching for Other Options

Looking for other mortgage companies can be exhausting. That’s why some homebuyers just go with the first one that they find on the net. However, doing so might cause you to miss on a lot of even better deals. Try to see if there are other mortgage companies located in states like Utah to get the best offers. Try to list down all the mortgage options that they have and make a comparison.

<< Back to the list.