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Primis Mortgage CEO John Owens Named A 2026 HousingWire Vanguard
Primis Mortgage CEO John Owens Named a... - Primis Mortgage Primis Mortgage CEO John Owens Named A 2026 HousingWire Vanguard Primis Mortgage CEO John Owens Named A 2026 HousingWire Vanguard Author: Primis Mortgage | Published: Tuesday, September 1, 2026 Recognition honors Owens’ leadership, vision and impact on the mortgage industryWILMINGTON, N.C. – Primis Mortgage President and CEO John Owens has been named a 2026 HousingWire Vanguard, recognizing his leadership, vision and impact on the mortgage industry.The HousingWire Vanguards award honors C-suite executives and senior leaders whose vision and business impact are helping move the mortgage, real estate and homebuilding industries forward.For more than three decades, Owens has built and led successful mortgage organizations by combining entrepreneurial vision with a people-first leadership philosophy. He founded Ameritrust Companies in 1995 and led the organization through its successful sale in 2015. He later founded SeaTrust Mortgage in 2020 and guided it through its acquisition by Primis Bank in 2022. Owens is also the author of The Corporate Cure, a business leadership book focused on building healthier, higher-performing organizations.Under Owens’ leadership, Primis Mortgage has expanded its national reach, strengthened its operational infrastructure and invested in technology and artificial intelligence to create a more efficient, scalable mortgage platform. Since the 2022 acquisition, the company has achieved approximately 236% workforce growth and 254% growth in its loan officer team while expanding its lending footprint to 45 states and the District of Columbia.“This recognition reflects the effort, trust and passion of the entire Primis Mortgage team,” said Owens. “Our growth has never been about becoming bigger for the sake of being bigger. It is about building a company where talented people can thrive, customers truly come first, and creative leadership and innovative thinking lead to new and better solutions. I am proud of what we have accomplished together and even more excited about what we are building next.”Owens has placed culture at the center of Primis Mortgage’s growth strategy, emphasizing customer obsession, high trust, integrity, passion and personal and professional growth.“John has a rare ability to connect a bold, long-term vision with the people and practical decisions needed to bring it to life,” said Pam Jenkins, Chief Operating Officer of Primis Mortgage. “He challenges us to think differently, operate with discipline and never lose sight of the culture behind our results. This recognition is incredibly well deserved.” About Primis Primis Bank (Member FDIC) is a high-growth, forward-thinking bank committed to building a better banking experience for consumers, businesses, and communities. With industry-leading digital tools, a relentless focus on customer care, and a culture built around doing things the right way—not the easy way—Primis continues to invest in growth, innovation, and people. About Primis Mortgage Primis Mortgage was born out of the belief that the mortgage industry as a whole can do better but saw an opportunity to be the best. Primis Mortgage acts like an independent mortgage company, but leverages the stability and resources of a bank. Our network of mortgage experts lends in 45 states (and Washington D.C.) with more on the way; bringing faster processes, better products, and ultimate transparency to its customers. Related Tags Mortgage Press Release Share on
Mortgage FAQs
Mortgage FAQs - Primis Mortgage Mortgage FAQs Have Questions? We Have Answers. For inquiring minds, here’s the nitty gritty on some of your more common questions. Find a Mortgage Banker Frequently Asked Questions How important is it to get pre-qualified? A pre-qualification gives borrowers a solid understanding of how much house they can afford. Buyers supply their lender with information such as current debts, assets, income, and employment. Credit scores are pulled by the lender, and all of this is reviewed to determine an approximate range of how much loan the borrower is likely to be eligible for. Having a pre-qualification in hand, sellers know you’re serious because you’ve done your homework and can make an informed offer. Plus, borrowers don’t end up wasting time and energy on homes above their financial reach. What is DTI, or debt-to-income? DTI is the way a lender measures a borrower’s ability to manage debt alongside their income. We compare all monthly debt payments, plus the proposed housing expenses (including principal, interest, taxes, insurance, and other fees), with gross monthly income to determine how much loan a borrower is capable of repaying. In general, the lower a borrower’s DTI the better, with an ideal range being at or below 36%. But if your DTI is on the higher side, financing options may be available to meet unique circumstances. What is PMI, and do I have to have it? Private mortgage insurance (PMI) is a policy that may be required for individuals with lower down payments to protect the lender, in the event the borrower stops making payments. This is often necessary with conventional loans and can be required when refinancing with a conventional loan when the home’s equity is less than 20% of the value of the home.* As the borrower makes continued payments and the home’s equity builds, it may be possible to cancel PMI once a certain threshold is reached. How much are closing costs? Closing costs are the amount of money paid at the time of closing the loan and are separate from the loan amount. These generally range from 2% to 5% of the loan amount and encompass expenses such as appraisal fees, title insurance, loan origination fees, attorney fees, and prepaid expenses like property taxes and homeowners insurance. Buyers can sometimes negotiate closing costs with the seller or roll them into the loan, and some programs offer no lender fees, which substantially reduces the total closing cost amount. What are discount points? Discount points are a way to pay money upfront to buy down the interest rate. One point is typically equal to 1% of the loan amount, so for a loan amount of $350,000, one point costs $3,500. This can be a beneficial initial cost because points could be tax deductible, and most lenders will allow a buyer to pay for up to 3 points. It’s best to talk with a tax professional for more details on tax-related information. Keep in mind, it’s wise to crunch the numbers to make sure the upfront payment is less the amount of money that would be paid over the life of the loan at the higher rate. What do I do if I have poor credit? Low credit scores do not mean it’s impossible to get home financing. Many loan programs offer funding to individuals with less-than-ideal credit scores, depending on factors, such as DTI and loan-specific guidelines. It’s also possible to repair low or damaged credit by improving credit and financial literacy and taking certain actions to address weaknesses in credit performance.For more information on boosting or repairing credit scores, check out our Credit Boost blog and talk with a reputable credit repair specialist. For suggestions on how to find a credit repair professional, contact a loan officer in your area. How much money do I need for a down payment? The days of hefty down payments are largely a thing of the past. It’s best to pay as much upfront as possible, reducing the mortgage amount and potentially avoiding the need for private mortgage insurance (PMI). But many loans, such as FHA, VA, USDA and others, offer down payment flexibility. Some sellers are also willing to contribute towards down payment or closing costs.A variety of down payment assistance options are also available, some providing up to 100% financing. In general, down payment requirements vary widely, and it is best to speak with a mortgage lender for guidance based on individual scenarios. What is escrow? Escrow is a neutral legal holding account where initially invested funds are kept while the mortgage application is still in process. When a borrower decides on a home, they deposit earnest money into an escrow account, which shows the borrower’s commitment to the purchase. An independent escrow officer manages the necessary paperwork and ensures all conditions, such as inspections and repairs, are met before releasing the funds to the lender at the time of purchase. Because this is a neutral transaction, buyers and sellers have greater peace of mind knowing this safeguard is in place to protect against fraudulent activity.Once the loan has closed, an escrow account is set up for making future tax and insurance payments. Each month you pay your monthly mortgage payment and 1/12 of the estimated annual taxes and insurance charges. These funds are held in escrow until the taxes and insurance are due, at which time your lender will make these payments from escrow on your behalf. What’s the difference between a prequalification and a preapproval? Though many people use these terms interchangeably, prequalifications and preapprovals are not the same. While they both offer information about the loan amount the borrower is likely able to secure, and neither is a commitment to lend, they also differ distinctly.Prequalifications are often provided within the same day of request and are based solely on basic data provided by the borrower. A preapproval is provided after an in-depth review, and verification, of the borrower’s complete loan application and credit information. With a prequalification, the lender will give an estimate for a loan amount. The preapproval, though conditional, details an exact loan amount and interest rate being offered to the borrower. Neither a prequalification or preapproval is a guarantee the borrower will receive a loan, but either one is instrumental in proving a borrower’s offer is legitimate. What’s the best loan for me? The best loan for each individual depends on many factors. Most loans fall into two categories: fixed rate and adjustable-rate loans. Fixed rate loans are usually set up with a 30 year term (although 15 year options are available), and the principal and interest payments associated remain consistent for the life of the loan. This is because the interest rates are established when the loan is dispensed. These are often conventional or federally funded and offer the buyer the stability of knowing what to expect for the duration of the loan.Adjustable-rate loans have an initial fixed interest rate for the first couple of years and then fluctuate (causing changes in the monthly payments) based on the market conditions. Often the initial interest rate is lower than with a fixed-rate loan, which is helpful for borrowers who plan to move before the loan is subject to market changes. What is a credit score (FICO)? The Fair Isaac Corporation (FICO) score is the nation’s most popular credit score calculation and is determined based on an individual’s credit profile. FICO reports a specific score tailored for mortgages, and scores commonly range from 300 – 850. The higher the number the better the credit rating (and better chances for receiving financing and lower interest rates). This number is important because it affects loan eligibility, interest rates and terms. The nitty gritty:Primis Mortgage Company (“Primis Mortgage”) is a subsidiary of Primis Bank, a Member FDIC. Primis Mortgage NMLS #1894879 | AL #23183 | BK #1042893 | ML #1894879 | #41DBO-166162 Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act (www.nmlsconsumeraccess.org). For additional licensing information click here. As always, all loans are subject to credit approval and product guidelines. Other terms and conditions may apply.Source: https://www.consumerfinance.gov/ask-cfpb/what-is-private-mortgage-insurance-en-122/
Access Total Mortgage
Access Total Mortgage - Primis Bank Discover the ATM Loan, combining your mortgage, checking account, and HELOC to help reduce interest and pay off your home faster. Not Your Average Mortgage Meet the ATM Loan The ATM Loan—short for Access Total Mortgage—brings your mortgage, checking, and Home Equity Line of Credit (“HELOC”) together into one powerful account. Your deposits automatically go to work lowering your balance, which can help you save on interest and pay off your home faster. What's the ATM Loan? The Access Total Mortgage (we call it the ATM loan for short) is your primary mortgage—a first lien HELOC and comes with a checking account. This loan offers you one smart, flexible account. Every dollar you deposit remains in your checking account, and is transferred to your loan account nightly. Plus, you have access to your available equity up to the maximum credit limit if you need it. How It Works Your cash doesn’t just sit there — it works for you. See how the ATM Loan helps you pay down your balance faster while keeping your money accessible. Make Deposits Your deposits go straight into your linked account. The deposits made into your linked checking account, that remain in your checking account, are transferred nightly and applied to your mortgage loan account, reducing the balance and can lower the amount of interest you pay. Watch Interest Shrink Because interest is calculated daily, the more you keep in your account, the less you pay over time — helping you pay off your home faster and save on interest. Access Funds Anytime Need your cash? It’s always available, up to your credit limit. Access funds easily through debit, online bill pay, or mobile banking — just like a traditional checking account. Play Video The ATM in Action The ATM in Action Check out how the Primis ATM loan makes it possible for your money to work as hard as you do — potentially lowering interest and reducing overall pay off time. See The Difference For YourselfCurious how much faster you could pay off your home—or how much you could save in interest—with an ATM Loan? Use our comparison tool to find out. Ready to take control of your mortgage? Let’s see if the ATM Loan is right for you. Fill out the form and a Primis Mortgage specialist will be in touch to walk you through your options. No obligation, just clarity. Name Email Phone State Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming Are You Currently A Homeowner? Yes No Approximate Loan Amount Preferred Contact Method Email Phone
Construction Loan - Primis Mortgage
Construction Loan - Primis Mortgage Construction Loan - Primis Mortgage CONSTRUCTION LOAN Build Your Dream Home Whether you’re ready to realize a new home dream or struggling to find “the one” in today’s market, a construction loan could be the perfect solution. We’ll help you handle the financing so you can break ground and turn your visions into actions. Find a Mortgage Banker Ready to Start Fresh? Check out the guidelines to see if this is the right loan for you.Available for primary or secondary residences100% financing for eligible VA borrowers3.5% financing for eligible FHA borrowers85% financing on second homes up to $1,000,000Minimum qualifying credit score (FICO) 660Multiple financing options and terms availableOnly pay interest during the construction phasePossible option to apply equity of the property (if you already own it)Simple process to draw funds Find a Mortgage Banker While You're Here, You Might be Interested in More Details Homebuying 101 Not sure how to get started? That's why we're here. Learn More More From Your Money Fee-free checking with benefits and perks the other guys could never match. Learn More Save Smarter Premium rates and flexible options to help you save smart for tomorrow's adventures. Learn More Primis Mortgage Company (“Primis Mortgage”) is a subsidiary of Primis Bank, a Member FDIC. Primis Mortgage NMLS #1894879 | AL #23183 | BK #1042893 | ML #1894879 | #41DBO-166162 Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act (www.nmlsconsumeraccess.org). For additional licensing information click here. As always, all loans are subject to credit approval and product guidelines. Other terms and conditions may apply.
Builder Forward Program - Primis Mortgage
Builder Forward - Primis Bank Help buyers secure below-market mortgage rates with the Builder Forward Program, improving affordability and helping builders move inventory. BUILDER FORWARD PROGRAM New Home. New Rates. The Primis Builder Forward Program Homes are built to be lived in. When the market has potential homeowners stuck on the fence, builders now have the option to offer their borrowers below-market rates. Builders can move inventory quickly, improve cash flow, and help buyers afford their dream home with manageable monthly payments. Offering a Lower Interest Rate Could Mean: Improved builder cash flowReduced carrying cost of unsold inventoryIncreased visibility and attract buyers with cobranded marketing materialsAccess to customized marketing resourcesBuyers receive potential savings on monthly and yearly payments and overall cost of the loan Reserve Your Rate While You're Here, Get the Scoop on Us and Our Parent Company, Primis Bank Meet Our Leadership Get to know the people behind our relentless pursuit of success and customer satisfaction. Learn More More From Your Money Fee-free checking with benefits and perks the other guys could never match. Learn More Save Smarter Premium rates and flexible options to help you save smart for tomorrow's adventures. Learn More All loans are subject to approval. Terms and conditions may apply and are subject to change without notice. Primis Mortgage Company (“Primis Mortgage”) is an Equal Housing Lender and is a subsidiary of Primis Bank. Primis Mortgage NMLS #1894879 | AL #23183 | BK #1042893 | ML #1894879 (www.nmlsconsumeraccess.org). For additional licensing information click here. Terms and conditions apply and are subject to change without notice. Restrictions may apply in certain states. Speak with your mortgage lender for details in your area. *580 FICO for FHA requires Approve/Eligible AUS findings.
Down Payment Assistance Program - Primis Mortgage
Down Payment Assistance Program - Primis Mortgage Get help with your down payment through Primis Mortgage. Explore FHA financing, assistance programs, and up to 100% financing options. DOWN PAYMENT ASSISTANCE PROGRAM Low on Upfront Funds? No Problem. Whether it’s your first or tenth home, not everyone has perfect credit or the ability to save a giant nest egg for their down payment. Primis Mortgage helps buyers with limited up front funds utilize a variety of state or local down payment assistance (DPA) programs. Find a Mortgage Banker The Primis Assist Program Take a look at these details to see if this might be the loan for you.Applicable for FHA (Federal Housing Association), up to 100% financingAvailable in all states where Primis is licensed. Scroll down to learn about state-specific programs also offered through Primis Mortgage3.50 or 5.00% down payment amounts availableMinimum credit score (FICO) of 600Forgivable and repayable options availableFirst-time homebuyers and repeat buyers are eligible Find a Mortgage Banker DPA Program State Details Primis Mortgage partners with several state organizations to offer locally-supported down payment assistance programs. Don’t see your state below? The Primis Coast-to-Coast DPA Loan offers up to 100% financing in more than 40 states (plus Washington, DC). South Carolina Whether you’re a first-time homebuyer or you fall within a specified income bracket, Primis Mortgage is a participating lender in South Carolina State Housing and Finance Authority’s home purchase assistance programs. Up to $10,000 of forgivable assistance may be available for qualifying borrowers. For more information, visit the SC Housing website. North Carolina The North Carolina Housing Finance agency offers a suite of NC Home Advantage Mortgage™ options. Depending on military status and income level, individuals may qualify for up to $15,000 in down payment assistance, 3% down payment help or a mortgage credit certificate to apply towards a tax credit. To find out more, visit the NCHFA website. Texas Eligible Texas borrowers can access down payment assistance grants or forgivable loans through the Texas State Affordable Housing Corporation (TSAHC) Home Sweet Texas program. Home Sweet Texas is available to Texas “heroes”, which includes educators, first responders, active military and veterans, some health care providers and correction officers. First time homebuyers may also qualify for an annual mortgage interest tax credit, also known as a Mortgage Credit Certificate (MCC). For more details, visit the TSAHC website. Tennessee The Tennessee Housing Development Authority supports modest-income first-time, repeat and military & veteran homebuyers through it’s Great Choice Home Loan and Great Choice Plus loans. Applicants may receive up to 5% or $10,000 towards their home purchase, with forgivable and amortizing options also available. THDA also offers 0.5% rate reduction and up to 100% financing with a VA-backed or USDA-RD loan, or up to 95% with FHA.* To learn more, visit the THDA website. While You're Here, You Might be Interested in More Details Homebuying 101 Not sure how to get started? That's why we're here. Learn More More From Your Money Fee-free checking with benefits and perks the other guys could never match. Learn More Save Smarter Premium rates and flexible options to help you save smart for tomorrow's adventures. Learn More Primis Mortgage Company (“Primis Mortgage”) is a subsidiary of Primis Bank, a Member FDIC. Primis Mortgage NMLS #1894879 | AL #23183 | BK #1042893 | ML #1894879 | #41DBO-166162 Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act (www.nmlsconsumeraccess.org). For additional licensing information click here. As always, all loans are subject to credit approval and product guidelines. Other terms and conditions may apply. *Eligible Homeownership for the Brave applicants include US Military, National Guard, Veterans, Eligible spouses of Veterans, State and Local Law Enforcement Officers, Firefighters, EMTs, Paramedics, and Full-time K-12 Teachers in Tennessee public or private schools.
Debt Service Coverage Ratio Loan - Primis Mortgage
Debt Service Coverage Ratio Loan - Primis Mortgage Finance your rental property with a DSCR loan. Qualify using rental income, not personal income, with flexible options for purchase or refinance. Debt Service Coverage Ratio (DSCR) Loan Ready to Invest? Check Our DSCR. Find a Mortgage Banker Investment Property Loans Owning rental property can yield great dividends. The Primis Debt Service Coverage Ratio (DSCR) loan program is built for borrowers seeking financing for investment properties that plan to use rental income as cash flow. Borrowers can purchase or refinance rental properties solely based on the income of the subject property. Too Good to Be True? Take a look at highlight guidelines to see if this could be the loan for you.Loan amounts up to $2,000,000Fixed-rate or interest-only optionsUp to 80% financing for purchase and 75% for cash-out refinanceMinimum FICO (credit score) of 660 for purchase and cash-out refinanceNo tax returns, pay stubs or W2s are required*Minimum of 12 months ownership and management of income producing residential real estate3 months reserves for subject property at or below $1,000,000, 6 months reserves for loans more than $1,000,000Up to 20 financed properties allowedCash-out proceeds may be used as reserves. Find a Mortgage Banker While You're Here, You Might be Interested in More Details Homebuying 101 Not sure how to get started? That's why we're here. Learn More More From Your Money Fee-free checking with benefits and perks the other guys could never match. Learn More Save Smarter Premium rates and flexible options to help you save smart for tomorrow's adventures. Learn More Primis Mortgage Company (“Primis Mortgage”) is a subsidiary of Primis Bank, a Member FDIC. Primis Mortgage NMLS #1894879 | AL #23183 | BK #1042893 | ML #1894879 | #41DBO-166162 Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act (www.nmlsconsumeraccess.org). For additional licensing information click here. As always, all loans are subject to credit approval and product guidelines. Other terms and conditions may apply.
FHA Loan - Primis Mortgage
FHA Loan - Primis Mortgage Buy a home with an FHA loan from Primis Mortgage. Enjoy low down payment options, flexible credit requirements, and financing up to 96.5%. FEDERAL HOUSING ADMINISTRATION (FHA) LOAN Need Help with Your Down Payment? Check Out FHA. Don’t let high down payment or credit score requirements keep you from achieving your homebuying goals. By choosing an FHA loan from Primis Mortgage, we can help you secure your dream home with down payment assistance and lower credit score requirements — homeownership without breaking the bank. Find a Mortgage Banker Let's Take a Closer Look at the Details Available for primary residenceUp to 96.5% financing for purchase and 80% for refinanceMinimum credit score (FICO) 580Maximum debt-to-income (DTI) ratio 43%Mortgage insurance is required Find a Mortgage Banker While You're Here, You Might be Interested in More Details Homebuying 101 Not sure how to get started? That's why we're here. Learn More More From Your Money Fee-free checking with benefits and perks the other guys could never match. Learn More Save Smarter Premium rates and flexible options to help you save smart for tomorrow's adventures. Learn More Primis Mortgage Company (“Primis Mortgage”) is a subsidiary of Primis Bank, a Member FDIC. Primis Mortgage NMLS #1894879 | AL #23183 | BK #1042893 | ML #1894879 | #41DBO-166162 Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act (www.nmlsconsumeraccess.org). For additional licensing information click here. As always, all loans are subject to credit approval and product guidelines. Other terms and conditions may apply.
Homebuying 101 - Primis Mortgage
Homebuying 101 - Primis Mortgage Learn the homebuying process from pre-qualification to closing. Primis Mortgage guides you every step of the way toward homeownership. HOMEBUYING 101 Welcome Home At Primis Mortgage, we know that the right home starts with the right mortgage. The options are endless and the jargon is confusing. That’s why we’re here. Find a Mortgage Banker The Homebuying Process While there are many steps from inspiration to the closing table, the process itself can be simple. We’re here to guide you through the journey and have the resources you need to do it the right way. 1. Apply & Get Pre-QualifiedHow much can you afford to spend? Pre-qualification is a high-level estimate that helps you narrow your list of potential homes. It also puts you in a strong position when you’re submitting a contract. Applying online, or using our mobile app, is simple, and your loan officer will be on standby to answer questions.2. Get OrganizedNow it’s time to gather the items on our checklist. Organize yourself ahead of time, and you’ll be in even better shape.3. Start the Hunt for That Dream HomeWith your completed pre-qualification, your loan officer will send an update on how much house you can afford. Let the search begin (if it hasn’t already)! 4. Make Your OfferWith the signed contract in hand, it’s our turn to do the work. Our in-house processing and underwriting teams kick into high gear to review your application and gather additional documents that may be necessary for loan approval.5. ClosingOnce our underwriting team has approved all loan documents, your loan is “cleared to close.” Cue the confetti! We’ll prepare the final documents, which you’ll sign at closing when you pay closing costs, if applicable. Find a Mortgage Banker Buying Your First Home? High fives for making the decision to buy your first home. As you embark on this journey, here are some things to consider: Know Your Numbers Get pre-qualified, set a realistic budget, and understand your closing costs before you start shopping. Think Beyond Today Choose a home that fits your needs now and supports your goals for the years ahead. Build Your Team Work with trusted mortgage and real estate professionals who can guide you through every step. Primis Mortgage Company (“Primis Mortgage”) is a subsidiary of Primis Bank, a Member FDIC. Primis Mortgage NMLS #1894879 | AL #23183 | BK #1042893 | ML #1894879 | #41DBO-166162 Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act (www.nmlsconsumeraccess.org). For additional licensing information click here. As always, all loans are subject to credit approval and product guidelines. Other terms and conditions may apply.