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Miami Branch
4960 S.W. 72nd Avenue Suite 305 & 400
Miami,
FL
33155
NMLS: 1340220
407-668-2525
SClervil@PRMG.NET

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COMIENZA AQUÍ

Sadrack Clervil

Loan Officer

Sadrack Clervil

Loan Officer

Miami
4960 S.W. 72nd Avenue Suite 305 & 400
Miami,
FL
33155
NMLS: 1340220
407-668-2525
SClervil@PRMG.NET

START YOUR APPLICATION NOW

Your journey to homeownership is just a few minutes away

START HERE
COMIENZA AQUÍ

4.75

18 Reviews

ABOUT ME
WHY PRMG
OPTIONS
RESOURCES
BUY A HOME
REFINANCE A HOME
ABOUT ME
WHY PRMG
OPTIONS
RESOURCES
REFINANCE
BUY A HOME

ABOUT Sadrack Clervil

For over two decades, Paramount Residential Mortgage Group Inc. (PRMG) continues to be a Top 15 Leading Lender in the mortgage industry. As a privately held mortgage company and residential home lender, PRMG has successfully helped many borrowers purchase and refinance their homes throughout the United States.

PRMG has fostered an aligned company culture “earned over time”. We have a saying here; the inside drives the outside. Therefore, it is imperative that our ops and sales teams are aligned. Our goal is to provide customers with a 'Path to Pivot' to more consumer facing activities and modern lending technology. This includes innovative products and industry-leading customer service levels.

When we first opened our doors, we had a staff of 3 individuals dedicated and committed to helping us grow the company. Today, PRMG employs nearly 2000 employees and has over 250 branches throughout the United States.

PRMG is licensed in 49 states in addition to Washington DC and by the U.S. Department of Housing and Urban Development (HUD) with branches and operation centers strategically located across the country! We deliver a wide range of Jumbo, FHA, VA, USDA, and conventional loan products, along with providing cutting-edge technology and industry-leading customer service. PRMG is an agency-approved direct issuer to Ginnie Mae, as well as a licensed seller/servicer of Fannie Mae.

Additionally, PRMG gives back to the community through their 501(C)3 non-profit foundation, PRMG Cares. PRMG Cares has donated time and money to local and nationwide charities. To learn more, please visit PRMG Cares!

We’re All In!

WHY CHOOSE PRMG FOR YOUR MORTGAGE JOURNEY?

With over 22 years of experience in the industry, Paramount Residential Mortgage Group, Inc. (PRMG) has a deep understanding of the mortgage market. Having garnered thousands of 5-star reviews, our commitment to customer satisfaction is second to none. PRMG knows that every borrower’s needs are unique and, as such, offers personalized mortgage solutions that align with your specific financial goals and circumstances. Our team of home mortgage professionals are standing by and ready to work closely with you to find the best mortgage options just for you.

WHAT ARE THE BENEFITS OF HOMEOWNERSHIP?

Homeownership is not only a significant milestone, but also a decision that offers a multitude of advantages. Beyond providing a place to call your own, owning a home brings financial stability, personal fulfillment, and a sense of belonging.

  • Build Equity:  Equity is the difference between the property’s value and the remaining mortgage balance. Every mortgage payment made increases equity. Historically, real estate appreciates over time, making equity building a sound long-term investment strategy.
  • Take Advantage of Tax Benefits: Mortgage interest and property tax payments are often tax-deductible, reducing your overall tax liability. These deductions can result in substantial savings, increasing your disposable income and providing financial advantages.
  • Provides a Stable and Unique Environment: Create a stable home that reflects your unique personality and tastes. Unlike renting, homeownership pairs stability for you and your family with the freedom to personalize your space through modifications, renovations, upgrades and more.

Choosing the right lender is crucial to securing the perfect home for you and your family. With our 22 years of mortgage expertise and commitment to customer satisfaction, PRMG is your ideal mortgage partner. Take the first step toward realizing your homeownership goals with Paramount Residential Mortgage Group, Inc. (PRMG) by your side.

HOME MORTGAGE OPTIONS

When it comes to home mortgages, the amount of options can feel overwhelming. Whether you’re a first-time homebuyer, purchasing a new home, or want to refinance your existing mortgage, it’s important to understand the different types of home mortgages available and which best fit your goals.

Generally, there are four primary types of home mortgages:

Government Backed Loans: Loans that are insured by the federal government, have lower credit score and down payment requirements, and have potentially higher interest rates.

Conventional Loans: Loans that are not backed by the federal government, typically require higher credit score and down payments, but may have lower interest rates.

Non-Qualified Loans: Loan options that do not meet specific criteria set by regulatory bodies, making them suitable for individuals with unique financial situations.

Non-Conforming Loans: Loans that exceed the standard loan limits and do not conform to government-sponsored loan guidelines.

Whatever loan type you choose, many will give you a choice between a fixed or adjustable interest rate.

Fixed Interest Rates: When the interest rate percentage remains the same throughout the life of the loan, offering predictability and stability.

Adjustable Interest Rates: When the interest rate percentage may start lower than a fixed rate but increases over time, depending on various factors.

You can read more about our home mortgage options below, or call our team of home mortgage professionals at any time!
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GOVERNMENT BACKED LOANS

These loans are insured by the federal government, have lower credit score and down payment requirements, but have potentially higher interest rates.

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FHA LOANS

  • Backed by the Federal Housing Administration

  • Popular choice for first-time homebuyers

  • Require lower minimum credit scores and down payments than many conventional loans

  • More accessible for many borrowers

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USDA LOANS

  • Backed by the U.S. Department of Agriculture

  • Designed for low-to-moderate income borrowers in Eligible Rural Areas

  • Flexible credit requirements with competitive interest rates and terms

  • Zero or low down payment options

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VA LOANS

  • Backed by the Department of Veterans Affairs

  • Offered to eligible veterans, active-duty service members, and their qualified family members.

  • Lower interest rates and fewer fees than traditional mortgages

  • Require no down payment

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CONVENTIONAL HOME LOANS

Conventional loans are mortgages not insured or guaranteed by any government agency. Instead, these loans are backed by private lenders, and typically have stricter credit and income criteria. These loans can be "conforming" or "non-conforming".

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MANUFACTURED HOME LOANS

  • Designed for the purchase or refinance of Manufactured Homes

  • Often have higher interest rates due to higher risk

  • Shorter loan terms create higher down payments

  • Great option for borrowers seeking affordable and flexible housing

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RENOVATION LOANS

  • Designed to fund renovations, remodels, or increase energy efficiency

  • Popular with homeowners without cash on hand for renovations

  • Several types available with unique terms and requirements

  • Helps homeowners improve quality of life or increase property's value

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NON-QUALIFIED LOANS

A Non-Qualified Loan is a type of mortgage that doesn't meet standards set by regulatory guidelines. They offer borrowers with unique financial situations financing options inaccessible to them through traditional mortgages requirements.

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INTEREST ONLY LOANS

  • Allows borrowers to only pay their loan's interest for a set time

  • Principal can be repaid in a lump sum or in payments

  • Allows real estate investors to allocate resources during interest only period and potentially increase returns on other investments

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NON-CONFORMING LOANS

Non-conforming loans, are mortgage options designed for borrowers whose financial circumstances fall outside conventional lending norms. While they provide flexibility, non-conforming loans typically involve higher interest rates and more stringent qualifications.

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JUMBO LOANS

  • Designed to finance properties that are too expensive for conforming loans

  • Maximum conforming loan in 2024 is between $766,550 and $1,149,825 depending on the location.

TALK TO A HOME MORTGAGE PROFESSIONAL

HOME BUYING CALCULATOR

Introducing our Home Buying Calculator – the ultimate tool for simplifying your home-buying process! Say goodbye to complicated financial jargon and lengthy calculations. Just input a few key details, and in a matter of minutes, receive a personalized estimate tailored to your home-buying goals. Whether you’re exploring mortgage options, contemplating property taxes, or curious about monthly payments, our Home Buying Calculator is designed to provide you with quick and accurate insights. Try it now for an instant estimate that puts you one step closer to your dream home!

REFINANCE CALCULATOR

Revolutionize your approach to mortgage decisions with our Refinance Calculator. No more complex financial jargon or tedious number crunching. With just a few details from you, this intuitive tool crafts a personalized snapshot, unveiling the potential savings from refinancing your home loan. Whether you’re eyeing a lower interest rate, exploring new loan terms, or consolidating debt, our calculator is your shortcut to informed choices.

Skip the hassle – try it now for an instant estimate and discover the long term benefits of refinancing your mortgage!

By refinancing your existing loan, your total finance charges may be higher over the life of the loan.

Costs of points: $ 2500

New Monthly Payment

$0.00

Monthly Savings: $0.00

Difference in Interest: $0.00

Total Cost: $0.00

Months to Recoup Costs: 0.00

BRANCH INFORMATION

PRMG - Miami

BRANCH ADDRESS

4960 S.W. 72nd Avenue Suite 305 & 400
Miami,
FL
33155

BRANCH HOURS

Monday – Friday:
8:00AM – 5:00PM

CONTACT US

407-668-2525
SClervil@PRMG.NET