PRIMIS MORTGAGE

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Property Geographic Area Details
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  • Origination Fees
  • Lien Position

Maximum Leverage

Purchase Short-Term (no Value-Add)
Purchase Long-Term
Refinance Short-Term (no Cash Out)
Refinance & Cash Out Short-Term
Refinance Long-Term (DSCR)
Residential Fix & Flip
Residential Rehab & Hold
Multifamily Value-Add
Loan Programs
Property Types and Loan Types
Junior Liens
Junior Lien Loan Amounts
Junior Lien Interest Rates
Origination Fees
Junior Lien Loan-to-Value
We Fund Junior Position Loans
Land Loan
Max LTV for Land
Max LTC for Land Acquisition
Purchase Loan
Max Loan-to-Purchase Price
Borrower Must Have Property Under Contract
Will Provide Proof of Funds Letter
Will Consider Lending on Purchase from Auction
Rehab Value Add Loan
Experience Required
Minimum Number of Value-Add Projects Completed by Borrower
Will Consider Lending on Purchase from Auction
Max LTC for Renovation Costs
Interest Charged for Renovation Costs
Typical Number of Days for Funds Draw
Construction Loan
Development Experience Required
Minimum Number of Ground-Up Construction Projects Completed by Borrower
Max LTC for Ground-Up Construction Costs
Interest Charged for Construction Costs
Will Lend on Partially Completed Construction Projects
Residential Long-Term DSCR Loans (1-4 Units)
Minimum Loan Amount
Maximum Loan Amount
Minimum Interest Rate
Maximum Interest Rate
Minimum Origination Fee
Maximum Origination Fee
Minimum Loan Term
Maximum Loan Term
Minimum Loan-To-Value
Maximum Loan-To-Value
Minimum Property Value
Seasoning Time
Minimum Debt Service Coverage Ratio
Minimum Credit Score
Will lend on vacation homes and short-term rentals
Will Lend on a Portfolio of Properties

Details and Requirements

Maximum Units for Multifamily Properties
Pre Payment Penalty
Deposit Required
Will lend to a foreign national
Will Consider Equity Joint Venture
Personal Guaranty (Recourse) Required
About

Discover the Primis Mortgage difference. A subsidiary of Primis Bank, we bring you mortgage expertise paired with the backing and reliability of our parent bank. We’re obsessed with the customer experience, and it all starts here.

Primis offers unique services and a streamlined, modernized process to ensure the best customer experience in the industry. We have the right solution for you. Below are some highlights of our greatest hits. Keep in mind that all loans are subject to approval and product guidelines, and each loan has special terms and conditions.
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Reviews

Team

Jacqueline Wampler
PRIMIS MORTGAGE
Jackie Wampler
NMLS #85964
  • 0 Reviews
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5535 Currituck Dr Suite 120, Wilmington, NC 28403, USA
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PRIMIS MORTGAGE
Pete Zaft
NMLS #470658
  • 0 Reviews
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3000 Meridian Blvd #170, Franklin, TN 37067
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