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Where does Paramount Residential Mortgage Group do business?

Paramount Residential Mortgage Group is a direct lender based in Corona, CA. The company was founded in 2001 and offers mortgages to borrowers in 47 states across the USA (and Washington, DC).

How much can you borrow via Paramount Residential Mortgage Group?

Paramount Residential Mortgage Group allows borrowers to apply for loan amounts of up to $3,000,000. Note that the maximum loan amount you can borrow will also vary depending on the type of mortgage you choose, regardless of the mortgage company you choose..

Does Paramount Residential Mortgage Group charge a mortgage origination fee?

Yes, Paramount Residential Mortgage Group may charge a loan origination fee.

Does Paramount Residential Mortgage Group charge prepayment fees?

Yes, Paramount Residential Mortgage Group charges additional fees to borrowers who pay off their loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment fees can reduce or even cancel the interest savings of repaying a loan early.

What mortgage programs does Paramount Residential Mortgage Group offer?

Paramount Residential Mortgage Group offers the following mortgage programs:

  • Conventional mortgages
  • FHA
  • USDA
  • VA

What property usage types does Paramount Residential Mortgage Group allow?

Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Paramount Residential Mortgage Group allows the following property usage types: 

  • Primary home 

  • Institution Type
    Direct Lender
  • Intended Use
    Primary Home
  • Primary Residence
  • Estate/Trust/Retirement
  • Loan Amount
    Up to $3000000
  • Terms
    10, 15, 20, 25, 30
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