Primary Residential Mortgage Opens First Brick-and-Mortar Office in Pleasanton

Pleasanton, CA – June 13, 2017 Primary Residential Mortgage, Inc. (PRMI) continues to expand its footprint in California by announcing the opening of a new brick-and-mortar branch located at 6200 Stoneridge Mall Road under the management of long-time resident and mortgage professional, Jason Canepa.

The home lending team has a combined 21 years of experience in assisting clients with homeownership. According to Jason Canepa, Branch Manager, “Our team is ready and focused to educate and assist community members with their dreams of homeownership.”

Jason Canepa, Branch Manager, comes to PRMI with 21 years in the industry and before joining PRMI, he was a Mortgage Sales and Operations Manager. In his new role he will be responsible for the overall management of the branch, recruitment and assisting individuals with their home loan needs.

“There are so many loan programs out there to support home buyers and most people have no idea they exist, especially when it comes too little to no down payment options,” said [insert name and title]. “I want to give people in our community the tools and resources they need to help them with making one of the biggest financial decisions in their lifetime.”

The new branch is currently looking to hire additional Loan Officers to join its team in assisting community members with homeownership. For more information on the new Branch please visit or call 925-965-0070.

Headquartered in Salt Lake City, Utah, Primary Residential Mortgage, Inc. (PRMI) was founded in 1998 by Dave Zitting, Jeff Zitting and Steve Chapman. PRMI has grown to be one of the nation’s top mortgage lenders with over 2,000 employees and nearly 300 branches. The company is licensed in 49 states and serves all segments of the market. PRMI is a privately held company that focuses primarily on traditional residential loan products. For information on PRMI, please visit PRMI is an Equal Housing Lender. NMLS #3094.

Nice newsletter. Good article. Good information. Thank you. Carol

For conventional financing, borrowers with scores at 740 or anywhere above generally receive the same loan pricing (rate and cost). That being said, the better your credit the higher your chances of receiving loan approval with high debt to income (up to 50%) or high loan to value (up to 95%) which can be a major benefit when applying for a new loan. For Jumbo financing, borrowers with credit scores above 800 are generally rewarded with both better pricing and easier guidelines. There are no situations where better credit is a negative when obtaining new financing so we should all continue to strive to reach and then stay in the 800’s.

What are the advantages of a score over 800

Thank you Mike for this information. As a residential realtor the information that you provide is crucial to a successful transaction for my clients. You are indeed a pleasure to recommend to all of my clients. You are so professional, thorough, conscientious and pleasant to work with. !!

Hi Dane! Wanted to make sure I'm clear on this. Am I right in saying that on whichever remodel is done you still take a loss rather than an increase in value - the ROI will never exceed 100% of cost?