Mortgage Loan Options

Purchase a Home in the New Lexington, OH area & Enjoy Competitive Mortgage Rates

Primary Residential Mortgage located in New Lexington, Ohio has a wide range of loan programs and competitive mortgage rates. We can help with all types of mortgage loans including traditional 15 or 30 year fixed rate mortgage loans. We also have a variety of adjustable rate mortgages (ARMs) if that is a better fit for you and your situation. If you require a more unique loan program such as a Jumbo Loan, manufactured home loan, 2/1 buy down, or government backed mortgage loan, we can help with those as well.

Our loan officers are ready to help you choose the home loan program that best meets your needs. Let us help you explore your options.

VA Loan Click to open answer

VA loans are designed to help active or former military service members qualify for the purchase of a new home with a great mortgage rate.  Surviving spouses of those service members who have lost their lives in the line of duty also qualify for a VA loan. These loans do not require a down payment or private mortgage insurance, and typically have low closing costs and low rates.  Homes purchased with this program must be primary residences, and cannot be investment properties.  If you are looking for a new home in the New Lexington, OH area and feel that you meet the requirements for this type of loan, please get in touch with us so that we can help you get qualified to purchase your home.*

*Closing costs and fees may still apply.


FHA Loan Click to open answer

Backed by the Federal Housing Administration, these loan programs come with low fixed rates that require very little cash up front to close. They offer less-stringent credit requirements, low down payments and the ability to bring in a co-signer.
FHA Loans are among the most popular options for first-time homebuyers because they typically require lower minimum credit scores and lower down payments than other loan programs. It’s possible to qualify for an FHA loan with 10 percent down and credit score lower than a 600.  If you are looking for your first home in the New Lexington, Ohio area, let us help you get pre approved and make home ownership a reality. APPLY NOW

USDA Loan Click to open answer

These government-insured loans come with no down payment and low insurance premiums. They’re designed to promote home ownership in more rural and suburban areas.  This type of loan can be a great option for anyone who does not mind living in a rural or agricultural area.  USDA loans typically require a credit score of 649 or higher.  If you are looking for a home in the New Lexington, OH area and feel like a USDA loan might be a good option for you, then please get in touch with us so we can help you get started.

Conventional Loan Click to open answer

Conventional fixed-rate loan programs are among the most common types of mortgage loans for homebuyers. The advantage of this type of loan is that the rate is fixed and the homeowner doesn’t have to worry about unexpected rate increases that would effect the monthly payment.  Homeowners can choose either a 15-year or 30-year conventional loan.  We help many New Lexington, Ohio residents with conventional mortgage loans.  Get in touch with us today to see if this might be the best option for you. 

First-Time Home Buyer Click to open answer

We offer special assistance to first-time homebuyers in New Lexington, OH. Buying your first home is one of those great first steps in life.  You’ll create so many great memories that will be tied to your first home.  We want to make sure that the process of purchasing your first home is a great one.  Our loan officers are friendly, knowledgeable, & excited to help you get your first home.  We will answer any questions you might have and hold your hand through the process.  You will have a great experience with PRMI.

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