Prime Rate Home Mortgage LLC. NMLS# MB1284889

Mortgage Broker serving Hopkinton, MA

About Prime Rate Home Mortgage LLC. NMLS# MB1284889

Prime Rate Home Mortgage, LLC. is a dedicated mortgage broker based in Hopkinton, Massachusetts, serving the needs of homebuyers in the state. The company is committed to providing quality customer service, prioritizing the individual needs of those seeking residential financing, and leveraging its expertise in the lending industry to guide clients through the often-complex mortgage process.

The company offers a comprehensive suite of home loan programs, including widely utilized Conventional, FHA, VA, and USDA loans, as well as Jumbo loan options and various Refinance solutions. They are particularly focused on assisting first-time homebuyers and veterans, making homeownership accessible through programs with low or no down payment requirements. Their digital presence includes online application capabilities, secure document upload, and a variety of mortgage calculators to help borrowers understand their options.

Prime Rate Home Mortgage emphasizes personalized guidance, encouraging clients to utilize their free consultations. Licensed by the Massachusetts Division of Banks, they aim to simplify the journey to homeownership by combining convenient online tools with expert support. Their commitment lies in finding the right loan program for each client's unique financial situation and goals.

Company Information

Lender Type: Mortgage Broker
Headquarters: Hopkinton, MA

Licensed In

MA

Certifications & Credentials

FHA ApprovedVA ApprovedUSDA Approved

Digital Capabilities

Online Application
Digital Document Upload
Rate Calculator
Pre-Qualification Tool

Home Loan Products

Conventional Mortgage

Loan Types:
Conventional
Rate Types:
Fixed RateAdjustable Rate (ARM)Hybrid ARM
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)
Occupancy Types:
Primary Residence
Employment Types:
W-2 EmployeeSelf-Employed
Income Verification:
Full Documentation
Special Programs:
Low Down Payment Program
Available Terms:
10 years15 years30 years
Credit Tiers:
Good (680-739)Fair (620-679)
3%
Min Down Payment
620
Min Credit Score

FHA Mortgage

Loan Types:
FHA
Rate Types:
Fixed RateAdjustable Rate (ARM)Hybrid ARM
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)
Occupancy Types:
Primary Residence
Employment Types:
W-2 EmployeeSelf-Employed
Income Verification:
Full Documentation
Special Programs:
First-Time HomebuyerLow Down Payment ProgramDown Payment Assistance
Credit Tiers:
Good (680-739)Fair (620-679)Poor (580-619)Bad (<580)
3.5%
Min Down Payment
500
Min Credit Score

VA Mortgage

Loan Types:
VA
Rate Types:
Fixed RateAdjustable Rate (ARM)Hybrid ARM
Property Types:
Single-Family HomeCondoTownhouseManufactured/Mobile Home
Occupancy Types:
Primary Residence
Employment Types:
W-2 EmployeeSelf-EmployedRetired
Income Verification:
Full Documentation
Special Programs:
Veteran ProgramNo PMI ProgramLow Down Payment Program
0

USDA Mortgage

Loan Types:
USDA
Rate Types:
Fixed RateAdjustable Rate (ARM)Hybrid ARM
Property Types:
Single-Family HomeManufactured/Mobile Home
Occupancy Types:
Primary Residence
Employment Types:
W-2 EmployeeSelf-Employed
Income Verification:
Full Documentation
Special Programs:
Low Down Payment Program
0

Jumbo Mortgage

Loan Types:
Jumbo
Rate Types:
Fixed RateAdjustable Rate (ARM)Hybrid ARM
Property Types:
Single-Family HomeCondoTownhouse
Occupancy Types:
Primary Residence
Employment Types:
W-2 EmployeeSelf-Employed
Income Verification:
Full Documentation

Refinance Mortgage

Loan Types:
RefinanceCash-Out Refinance
Rate Types:
Fixed RateAdjustable Rate (ARM)Hybrid ARM
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)Manufactured/Mobile Home
Occupancy Types:
Primary Residence
Employment Types:
W-2 EmployeeSelf-Employed1099 ContractorRetiredInvestorBusiness Owner
Income Verification:
Full Documentation

Contact Information

Fax: 508-267-0477

Professional Licenses

NMLS ID: MB1284889
34 Hayden Rowe St
Hopkinton, MA
US
Mailing Address:
34 Hayden Rowe St, Suite 158 Hopkinton, MA 01748

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Business Information

Category: Mortgage Broker
Location: Hopkinton, MA
Status: Standard
Type: Mortgage Broker
NMLS ID: MB1284889
Profile Views: 3

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