PrimeLending: Renovations, Refinance and Purchase Loans

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“Home Loans, Made Simple” is the slogan for PrimeLending, a Plains Capital Company. Founded in 1986, PrimeLending has almost 1,500 loan officers and over 3,000 employees nationwide. With 15 different loan products available, chances are you’ll be able to find one that works for you.

The loans that PrimeLending offers are separated into two different groups: Purchase & Refinance Loans, and Renovation Loans. Their purchase & refinance loans include adjustable rate mortgages, conventional mortgages, jumbo loans and more. Their renovation loans include escrows, jumbo renovation loans, and special products, such as a HomeStyle Renovation Loan. To sum it up in one sentence, a HomeStyle Renovation loan combines a finance or refinance with a renovation loan. This way, you only have one loan, whereas otherwise you might have to get two separate loans.

Not sure where to start? PrimeLending has a wide variety of free, online calculators to help potential borrowers understand their budget and what mortgage products might be right for them. These calculators include a refinance calculator (to determine if refinancing is right for you), a rent vs. buy calculator, a discount points calculator, and more! Even if you decide to work with a different company, looking at PrimeLending’s calculators can help you understand your mortgage options better.

PrimeLending has worked with more than 500,000 borrowers. Could you be next? Learn more about mortgage companies on RateZip!

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