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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 2001and offers mortgage refinancing to borrowers in 47 statess across the USA (and Washington, DC).

What is the maximum loan term for a mortgage refinance via Paramount Residential Mortgage Group?

The term of a mortgage refinance will determine the cost of your monthly payments. Longer terms will typically reduce your monthly payments but it will also increase the interest you pay. Paramount Residential Mortgage Group offers mortgages refinancing with terms ranging from 10 to 30 years.

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 home 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
  • FHA 203k
  • 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
  • Secondary homes and vacation properties
  • Inestment properties and house flipping projects 

  • Loan Term (Years)
    10 - 30
  • Institution Type
    Direct Lender
  • Intended Use
    • Investment/House Flipping
    • Primary Home
    • Secondary Home
  • Loan Amount
    Up to $3000000
  • Terms
    5/1, 7/1, 10/1, 10, 15, 20, 25, 30 years
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