Trusted Mortgage Services for Madison, CT

Madison is located along the Connecticut shoreline. With a population of around 180,000, the town is known for its picturesque beauty and a mix of historic architecture, pristine beaches, and a vibrant downtown area for residents and visitors to enjoy. The town’s strong sense of community is evident through its local events, farmer’s markets, and cultural attractions.

Primary Residential Mortgage Inc. is your trusted partner in achieving your homeownership dreams. As a leading home lender, we take pride in offering a diverse range of mortgage services tailored to your unique needs. Whether you’re a first-time home buyer, seeking a jumbo loan, or considering home refinancing, we have the knowledge to guide you every step of the way. Our first-time home buyer program is ideal for those taking their initial steps into the world of homeownership. For those looking for higher-value properties, our jumbo loans offer flexible options to accommodate your requirements.

Already a homeowner? Our home refinancing services enable you to optimize your current mortgage by taking advantage of favorable rates and terms. Whether it’s to reduce monthly payments or access equity for other ventures, we’re here to help you make the most of your investment.

First-Time Home Buyer Programs

Buying your first home is part of the American dream. It is something that we all desire. FHA loans and first-time home buyer programs help us achieve that dream. There are some requirements that must be met to qualify for an FHA loan. These requirements include a credit score of 580. If you have a credit score of 580, you will have a minimum downpayment of 3.5%. You can still qualify for a Federal Housing Authority with a credit score between 500 and 579, but your downpayment will be a minimum of 10%. Some other little-known facts about these loans are that the home being bought must be your primary residence, you cannot waive the home inspection, and you must occupy the home within 60 days of closing. Our home lender in the Madison, CT area can discuss your loan options with you and help guide you through the application process. They can answer any questions that you may have as well and get you into your new home!

Contact Our Mortgage Loan Specialist Today

At Primary Residential Mortgage Inc., we understand that a home is more than just a place- it’s a significant investment. With our knowledge, commitment to customer satisfaction and a wide array of home loan programs, we’re ready to turn your homeownership aspirations into reality. Contact us today to start your journey.