[Lake Oswego, 10/31/2017] — Primary Residential Mortgage, Inc., an established mortgage firm offering various types of home loan programs, provides 15- and 30-year fixed rate mortgages. Both mortgage options are ideal for customers who want a constant interest rate and monthly payments.

Fixed Rate Mortgage Features

The 15-year fixed rate mortgage is a loan fully amortized over a 15-year period. This option provides all the benefits of a 30-year loan along with a lower interest rate. While the monthly payment for a 15-year fixed rate mortgage will be higher, individuals will get the opportunity to own their house sooner.

On the other hand, the traditional 30-year fixed rate mortgage is an ideal choice for people who intend to stay in their homes for at least seven years. On top of a constant interest rate, the company says that the monthly mortgage payments do not change.

Easy Two-Step Home Loan Application Process

Homebuyers applying for either a 15- or 30-year fixed rate mortgage at Primary Residential Mortgage, Inc. will find that the loan application process is both smooth and straightforward. As a matter of fact, the company’s application process only consists of two steps:
• Step One: Loan Preparation and Application – The company will provide a mortgage checklist along with printable forms to guide the applicant through the loan application process. Moreover, its experienced and friendly loan officers will provide insight on the loan programs, clarify any confusing mortgage-related terms, and offer assistance with any other aspects associated with buying a new home.
• Step Two: Coordination with the Customer’s Real Estate Agent – Once the mortgage is approved, the mortgage firm will then get in touch with the applicant’s real estate seller to make sure that everything goes smoothly. It commits to closing the customer’s loan promptly.

About Primary Residential Mortgage, Inc.

Primary Residential Mortgage, Inc. started providing home loan options in 1998. It is proud to have closed 321 mortgages with a value of $35 million during its first year of operation. Moreover, it has helped over 70,000 borrowers seize their dream of getting their own home.

Log on to http://primeresnw.com/ for more details.