Paramount Residential Mortgage Group, Inc. — Ray Grewe

Mortgage brokerage in Baltimore led by Ray Grewe

Ray Grewe serves as Branch Manager of Paramount Residential Mortgage Group, Inc. in Baltimore, Maryland, with NMLS identification number #1031099. The firm's activity focuses on the brokerage and processing of mortgage loans for both home purchases and refinancing of existing mortgages, with online tools for pre-approval and rate analysis.

Available mortgage products

The loan catalog offered by the firm includes the following options:

• 30-year fixed mortgage
• 15-year fixed mortgage
• Adjustable Rate Mortgage (ARM)
• FHA Loans
• VA Loans
• Jumbo Loans
• 203K Loans
• USDA Loans
• HELOC (home equity line of credit)

Home purchase and refinancing

For those buying their first home or looking to refinance at a lower rate, the firm offers two main paths. For purchases, the team of advisors guides the client through applying, comparing, and choosing the loan that fits their situation. For refinancing, the stated goal is to reduce the monthly payment, the total interest paid over the life of the loan, or both, and includes the option of a cash-out refinance to tap into the equity built up in the home.

Online tools and application process

The website provides users with several utilities: a pre-approval letter to find out how much home you can afford, a refinance analyzer that calculates potential savings, a comparison tool for today's mortgage rates, and a payment calculator. The application is presented as a fully online and streamlined process, with the possibility of obtaining customized loan quotes. According to the firm's information, the loan can be fully funded in a typical timeframe of less than 30 days.

Customer service

The site indicates that inquiries submitted through the contact form receive a fast response, typically within about 10 minutes. The firm operates under the brand Paramount Residential Mortgage Group, Inc. and publishes links to its privacy policy, licensing disclosure, and the NMLS Consumer Access registry.

Location and contact

326 S Chester St, Baltimore, MD 21231 · Phone: (443) 504-4231 · Email: rgrewe@prmg.net