About Damien Russell Mortgage Lender
Paramount Residential Mortgage Group, Inc. (PRMG) is a seasoned direct mortgage lender established in 2001, boasting over 22 years of industry expertise. Headquartered in Corona, California, PRMG has built a strong reputation for customer satisfaction, evidenced by thousands of 5-star reviews and consistent recognition in the Scotsman Guide's annual rankings, including top spots in Wholesale, Correspondent, and Non-QM lending.
The company offers a comprehensive suite of home loan products designed to meet diverse borrower needs, including Conventional, FHA, VA, USDA, Jumbo, Non-Qualified (Non-QM), Manufactured Home, Renovation, Interest-Only, and Reverse Mortgages. PRMG emphasizes personalized solutions, combining advanced technology for efficient loan processing with a dedicated team of mortgage professionals. Their commitment extends to helping first-time homebuyers, veterans, and individuals with unique financial situations achieve their homeownership goals.
In 2023, PRMG demonstrated significant market presence by funding over $3 billion and closing more than 8,500 loans. Their digital capabilities, such as online applications, calculators, pre-qualification tools, and efficient document handling, streamline the mortgage journey. PRMG's ongoing growth and commitment to service excellence are driven by a deep understanding of the mortgage market and a focus on providing accessible and flexible financing options.
The company offers a comprehensive suite of home loan products designed to meet diverse borrower needs, including Conventional, FHA, VA, USDA, Jumbo, Non-Qualified (Non-QM), Manufactured Home, Renovation, Interest-Only, and Reverse Mortgages. PRMG emphasizes personalized solutions, combining advanced technology for efficient loan processing with a dedicated team of mortgage professionals. Their commitment extends to helping first-time homebuyers, veterans, and individuals with unique financial situations achieve their homeownership goals.
In 2023, PRMG demonstrated significant market presence by funding over $3 billion and closing more than 8,500 loans. Their digital capabilities, such as online applications, calculators, pre-qualification tools, and efficient document handling, streamline the mortgage journey. PRMG's ongoing growth and commitment to service excellence are driven by a deep understanding of the mortgage market and a focus on providing accessible and flexible financing options.
Company Information
Founded: 2001
Lender Type: Direct Lender
Headquarters: Corona, CA
Total Loans Originated: Over $3 billion and 8,500 loans closed in 2023
Licensed In
ALAZCAFLGANJOHRI
Certifications & Credentials
FHA ApprovedVA ApprovedUSDA ApprovedScotsman Guide Top Mortgage Lender 2024
Digital Capabilities
Online Application
Digital Document Upload
Rate Calculator
Pre-Qualification Tool
E-Signature
Automated Underwriting
Home Loan Products
Conventional Home Loan
Loan Types:
ConventionalRefinance
Rate Types:
Fixed RateAdjustable Rate (ARM)
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)Investment PropertyVacation/Second Home
Occupancy Types:
Primary ResidenceSecond HomeInvestment Property
Employment Types:
W-2 EmployeeSelf-Employed1099 ContractorRetiredBusiness Owner
Income Verification:
Full Documentation
Credit Tiers:
Good (680-739)Excellent (740+)
Manufactured Home Loan
Loan Types:
ConventionalRefinance
Rate Types:
Fixed RateAdjustable Rate (ARM)
Property Types:
Manufactured/Mobile Home
Occupancy Types:
Primary Residence
Renovation Loan
Loan Types:
ConventionalRefinance
Rate Types:
Fixed RateAdjustable Rate (ARM)
Property Types:
Single-Family HomeCondoTownhouse
Occupancy Types:
Primary ResidenceSecond HomeInvestment Property
Special Programs:
Renovation LoanEnergy Efficient Mortgage
FHA Loan
Loan Types:
FHA
Rate Types:
Fixed RateAdjustable Rate (ARM)
Property Types:
Single-Family HomeCondoMulti-Family (2-4 units)
Occupancy Types:
Primary Residence
Employment Types:
W-2 EmployeeSelf-Employed1099 ContractorRetiredBusiness Owner
Income Verification:
Full Documentation
Special Programs:
First-Time HomebuyerLow Down Payment Program
Credit Tiers:
Fair (620-679)Poor (580-619)Good (680-739)
VA Loan
Loan Types:
VA
Rate Types:
Fixed RateAdjustable Rate (ARM)
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)
Occupancy Types:
Primary Residence
Employment Types:
W-2 EmployeeSelf-Employed1099 ContractorRetiredBusiness Owner
Income Verification:
Full Documentation
Special Programs:
Veteran Program
0
USDA Loan
Loan Types:
USDA
Rate Types:
Fixed RateAdjustable Rate (ARM)
Property Types:
Single-Family Home
Occupancy Types:
Primary Residence
Employment Types:
W-2 EmployeeSelf-Employed1099 ContractorRetiredBusiness Owner
Income Verification:
Full Documentation
Special Programs:
Low Down Payment Program
0
Non-Qualified Mortgage (Non-QM)
Loan Types:
Non-QM
Rate Types:
Fixed RateAdjustable Rate (ARM)
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)Investment PropertyVacation/Second Home
Occupancy Types:
Primary ResidenceSecond HomeInvestment Property
Employment Types:
Self-EmployedInvestorBusiness Owner
Income Verification:
Bank StatementAsset DepletionNo Income VerificationStated Income
Special Programs:
Self-Employed ProgramBank Statement ProgramAsset Depletion Program
Interest-Only Loan
Loan Types:
Interest-Only
Rate Types:
Interest-Only
Property Types:
Single-Family HomeCondoInvestment Property
Occupancy Types:
Primary ResidenceInvestment Property
Employment Types:
Investor
Jumbo Loan
Loan Types:
Jumbo
Rate Types:
Fixed RateAdjustable Rate (ARM)
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)Investment PropertyVacation/Second Home
Occupancy Types:
Primary ResidenceSecond HomeInvestment Property
Employment Types:
W-2 EmployeeSelf-Employed1099 ContractorRetiredBusiness Owner
Income Verification:
Full Documentation
Credit Tiers:
Excellent (740+)
Reverse Mortgage
Loan Types:
Reverse Mortgage
Rate Types:
Fixed Rate
Property Types:
Single-Family HomeCondoTownhouse
Occupancy Types:
Primary Residence
Employment Types:
Retired
Home Refinance
Loan Types:
RefinanceCash-Out Refinance
Rate Types:
Fixed RateAdjustable Rate (ARM)
Property Types:
Single-Family HomeCondoTownhouseManufactured/Mobile HomeMulti-Family (2-4 units)
Occupancy Types:
Primary ResidenceSecond HomeInvestment Property
Employment Types:
W-2 EmployeeSelf-Employed1099 ContractorRetiredBusiness Owner
Income Verification:
Full Documentation
Contact Information
3402 Azalea Garden Drive
Atlanta, GA 30338
US
Mailing Address:
1265 Corona Pointe Court, Suite 301 Corona, CA. 92879
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Business Information
Category: Mortgage Lender
Location: Atlanta, GA
Status: Standard
Founded: 2001
Type: Direct Lender
NMLS ID: 75243
Loans Originated: Over $3 billion and 8,500 loans closed in 2023
Profile Views: 1
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