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Paramount Residential Mortgage Group
Work Here?
Mortgage lender offering agency direct services
Paramount Residential Mortgage Group
Work Here?
Mortgage lender offering agency direct services
Overview
PRMG is a nationwide mortgage lender and broker that operates as an agency direct seller/servicer and a GNMA issuer. It uses a network of loan originators to guide borrowers, while PRMG handles underwriting, approval, funding, and loan servicing, offering a wide product line and competitive pricing. It differentiates itself with its independence at scale, direct agency relationships, focus on originators and borrower experience, and a strong workplace culture. Its goal is to help clients manage their mortgage needs by finding suitable loan options and delivering consistent, attentive service.
About Paramount Residential Mortgage Group
Industries
Financial Services
Real Estate
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Corona, California
Founded
2001
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Simplify's Take
What believers are saying
- PRMG closed 28,777 loans and nearly $11.6 billion volume for 2026 rankings.
- PRMG celebrated 25 years and remained a Top 10 Mortgage Executive lender.
- PRMG expanded reverse-mortgage leadership with Ellen Skaggs and opened Point West offices.
What critics are saying
- Iraheta v. PRMG opened April 2026 as a Florida class-action jobs case.
- Calcut v. PRMG and Cenlar reached the Ninth Circuit in May 2025.
- PRMG's Axia trade-secrets suit sought over $25 million, showing aggressive competitor conflict.
What makes Paramount Residential Mortgage Group unique
- PRMG ranked No. 13 overall and No. 4 wholesale in Scotsman Guide 2026.
- PRMG adopted FICO Score 10T and serves non-QM and non-conforming borrowers.
- PRMG and Mesa launched co-branded mortgage-rewards cards for homeowners in May 2025.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
401(k) Retirement Plan
Company News
/PRNewswire/ -- Mesa, the membership platform built for homeowners, today announced a strategic funding round of $24M in debt and equity from key partners in...
Novel rewards solutions, such as those PRMG is partnering with Mesa to offer, may draw further industry accolades, but they can also help a company stand out in a competitive market.
Paramount Residential Mortgage Group Inc. has moved its Sacramento office from Midtown Sacramento to a larger location in Point West between the DoubleTree by Hilton Hotel Sacramento and Cal Expo.
BOZEMAN, Mont.--(BUSINESS WIRE)--FICO, a leading analytics software firm, has announced that Paramount Residential Mortgage Group, Inc. (PRMG), a modern multi-channel mortgage lender, has adopted FICO® Score 10 T, the company’s newest, most innovative and most predictive scoring model. With a growing non-qualified mortgage (non-QM) and non-conforming channel, PRMG will be bringing the benefits of FICO® Score 10 T to its investors. FICO Score 10 T will also provide PRMG with a credit scoring tool proven to increase mortgage loan approvals and reduce loan delinquencies. “At PRMG, we are always looking for ways to be progressively better in all we do, and we are constantly sourcing the most innovative lending technology to improve the borrower experience,” said Kevin Peranio, chief lending officer at PRMG. “FICO Score 10 T exemplifies PRMG’s mindset, and we know that using scores from this credit model from FICO will take our service to the next level by utilizing the most innovative credit score technology.”
Matic Insurance expands strategic partnership with Paramount Residential Mortgage Group.
Paramount Residential Mortgage Group is Hiring for 172 Jobs on Simplify!
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About Paramount Residential Mortgage Group
Industries
Financial Services
Real Estate
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Corona, California
Founded
2001
Paramount Residential Mortgage Group is Hiring for 172 Jobs on Simplify!
Find jobs on Simplify and start your career today