Paramount Residential Mortgage Group, Inc.

Basic information

QM program

• Conventional
• Home Ready
• Home Possible
• FHA
• FHA Streamline
• FHA DBA
• VA
• VA IRRRL
• USDA

Loss payee

Paramount Residential Mortgage Group, INC. Its Successors and/or Assigns 1265 Corona Pointe Court Ste 301 Corona, CA 92879

CPL or subordinate clause

Paramount Residential Mortgage Group, INC. Its Successors and/or Assigns 1265 Corona Pointe Court Ste 301 Corona, CA 92879

Lock policies & fees

Lock policies

Lock extension

Lock Cut-off: 4:45PM for all Conventional | 3:00PM other programs .125% cost for every 5 days max 30 days

Relock

N/A

Lock & Shop

Yes

Lender's niche & overlays

Lender's niche

Offering DPA programs for all States. 

Capable to manual underwrite all FHA and VA loans if needed. 

Lender's overlays

Limiting standalone 2nd TDs to offer fixed-rate options only for cash-out transactions.

Lender turn time

Initial underwrite (days)

1

CTC conditions review (days)

2

Initial CD (days)

1

Reviews