[Tempe, 11/6/2017] — Primary Residential Mortgage is a home loan and mortgage expert that takes the hassle out of the mortgage application process with their mortgage solutions. Its home loan services help borrowers achieve their housing dreams, regardless of their financial situation.

The Spending and Mortgage Situation in Phoenix

A report from LendingTree sheds light on how the housing bubble of the early 2000s hit Phoenix residents hard: figures show, in fact, that many residents have a mortgage that takes up a large portion of their income. Using data from the US Census Bureau, the researchers discovered that Phoenix is one of the lowest-ranked areas in terms of spending for housing. Other cities like California and Las Vegas are likewise struggling under housing debt.

Unlike other high-income cities, Phoenix has a lower-than-average income out of the cities included in the study. The study shows that Phoenix has a debt and mortgage balance that is 23% higher than the national average. As a result of the debt-and-spending disparity, people in the city may experience greater difficulty obtaining more-than-modest housing conditions.

Providing Financial Solutions for Housing Needs

Primary Residential Mortgage is a premier mortgage lender in the area. The company makes it possible for residents to achieve the American dream. It offers a variety of mortgage options and promises a hassle-free experience. True to its name, the company treats clients like a real VIP — its team of expert mortgage consultants helps customers find the best loan or mortgage package to suit their financial and lifestyle needs.

Primary Residential Mortgage assists borrowers in finding the best possible route to pay their off mortgage when buying their dream home, whether it’s in the form of financing or refinancing.

About Primary Residential Mortgage

Primary Residential Mortgage is a true in-house lender based in Phoenix, Arizona. The company offers various mortgage options, including mortgage refinancing, fixed rate mortgages, adjustable rate mortgages, and other broker and lender services.

To learn more, visit https://www.viploansaz.com/.