Mortgage Loan Options
Primary Residential Mortgage offers Kentucky and Tennessee borrowers a wide range of home loan programs. Our access to the most competitive mortgage loan rates available ensures we can accommodate the diverse home-buying needs of our customers.
From traditional 15- and 30-year fixed mortgages to government backed loans such as FHA, VA, and USDA, PRMI has loan programs to fit your unique financial situation. We take the time to discuss your goals, whether you’re refinancing, buying your first home or investing in a vacation or rental property.
Browse the list of mortgage programs we offer in Bowling Green and surrounding areas to get an overview of your options and what you may qualify for.
Kentucky has a Homebuyer Tax Credit program for buyers who have not owned a home in the past three years. Borrowers of 30-year fixed-rate conventional, FHA, USDA, VA, Freddie Mac or Fannie Mae loans may apply. Eligible homebuyers receive a 25% dollar-for-dollar refund on their mortgage interest, up to $2,000. Contact our local team in Bowling Green to learn more about programs for first-time homebuyers.Apply Today
Low-Credit Home Loan
Many borrowers have less than perfect credit scores. If you feel that your score is too low to qualify or have even been turned down by other lenders, contact our team in Bowling Green to see if we can help. We have multiple low credit home loan programs to help borrowers secure financing with less than perfect credit.Apply Today
New Construction Loan
Primary Residential Mortgage in Bowling Green helps borrowers with great solutions for construction loans. If you’re struggling to find a home with everything you want, a construction loan could be a great option. Call Ronald Shaver and team for more information on construction loan programs.Apply Today
Finding the right home can be a lengthy process. Perhaps the most frustrating thing that can happen is finally finding ‘the one’ and then losing it to another buyer while experiencing delays securing financing for the home. One great way to avoid this is to get pre-qualified for a mortgage. Our team of local specialists can help you determine the price range you can qualify for and have everything in place so that you’re ready to move quickly once you find your dream home. Contact our team in Bowling Green for help with mortgage pre-qualification.Apply Today
A reverse mortgage allows homeowners age 62 and older to cash in their home equity with no monthly premiums. You can receive the funds through fixed monthly payments, a line of credit or as a lump sum. When used correctly reverse mortgages can help elderly borrowers remain financially independent, giving them the means to pay their medical bills, taxes, debts and other living expenses. Talk to our team today to see if a reverse mortgage in Bowling Green or the surrounding area is right for you.Apply Today
Refinancing your mortgage has the potential to pay off your existing higher interest debt while reducing your interest rate, payment amount or loan term. We help customers determine whether a mortgage refinance is the best solution for their home ownership situation. If you’re interested in looking at a mortgage refinance in Bowling Green or the surrounding area, contact our team today.Apply Today
PRMI located in Bowling Green guides customers throughout the entire home loan journey. We’ll discuss your situation — from financial status to employment and more — to help you decide on the best program. We’ll then assist you through the pre-qualification, application and requirements. Our online tools and resources are also available to help you make a well-informed decision.Apply Today
We help veterans, active military service members and eligible surviving spouses apply for a VA loan in the Bowling Green area and throughout Kentucky and Tennessee. The VA provides a home loan guarantee benefit and other related programs to help borrowers construct, buy or repair their homes. Borrowers benefit from the low closing costs and mortgage rates, and zero down payments associated with VA Loans.Apply Today
The Federal Housing Agency (FHA) has a loan program dedicated to help borrowers. Low-to-moderate earners benefit from the lenient credit score requirement, lower mortgage rates and competitive down payments of FHA loans. We help eligible borrowers in Bowling Green and surrounding areas fulfill the requirements and navigate the application process.Apply Today
The U.S. Department of Agriculture (USDA) provides a low-premium home loan program for low- to medium-income earners. USDA loans have zero down payments, flexible credit requirements and competitive interest rates. Homebuyers planning to purchase a home in a designated rural area are eligible to apply. Some suburban locations are also considered “rural” by USDA. If you’re interested in a USDA loan in Bowling Green or the surrounding areas, contact PRMI to learn more.Apply Today
Conventional mortgages are some of the most popular due to their fixed rate and payments that remain constant over time. Requirements for conventional mortgages include proof of income, assets, credit history and employment verification, among others. If you’re looking for a 30 year or 15 year fixed rate mortgage, talk to our team of Bowling Green mortgage loan officers about securing a conventional mortgage.Apply Today