Flexible Down Payment Assistance Through Primary Residential Mortgage

The PRMI Empower Program is an in-house down payment assistance option offered through Primary Residential Mortgage. It is designed for buyers who may not qualify for state or county programs but still need help overcoming upfront costs.

Unlike many assistance programs, PRMI Empower is not limited to first-time homebuyers and does not rely on lottery-based funding rounds. This makes it a reliable option for buyers who want certainty and flexibility in their home search.

How the PRMI Empower Program Works

PRMI Empower provides down payment assistance in the form of a second loan that is paired with your primary mortgage. This assistance can be used toward your down payment and, in some cases, closing costs.

Key characteristics include:

  • No first-time homebuyer requirement

  • Available for a wide range of property types, including two unit properties and manufactured homes

  • Can allow for co-signers in certain situations

  • Credit scores down to 580 may be eligible

  • Allows for refinancing without repayment of the assistance loan after 36 months

  • Can be combined with an FHA 203(K) renovation mortgage

Unlike many assistance programs that are administered by state housing agencies or community organizations, PRMI Empower is managed internally. This allows for greater flexibility in underwriting and program structure while still providing meaningful down payment support.

Who the PRMI Empower Program Is Best For

This program is often a good fit for buyers who:

  • Do not qualify for CalHFA or other state programs

  • Are repeat homebuyers

  • Need a co-signer to qualify

  • Are purchasing a duplex or manufactured property

  • Want a predictable option without lottery timing

  • Have stable income but limited upfront savings

Many buyers use PRMI Empower when other assistance programs are unavailable due to household income limits, property type restrictions, or first-time buyer requirements.

Important Things to Know

PRMI Empower is not a grant. The assistance is structured as a second loan that must be repaid according to program terms, typically with stable monthly payments or when the home is sold, refinanced, or paid off.

Because this program is offered internally, specific terms such as assistance amounts, rates, and eligibility criteria may vary based on market conditions and borrower qualifications.

A licensed loan officer can walk through how this program would apply to your specific situation.

Explore Whether PRMI Empower Is a Fit for You

PRMI Empower can be a valuable alternative when traditional down payment assistance programs are not an option.

If you would like to see whether this program or another assistance option fits your goals, the next step is a quick eligibility review.

Check Your Eligibility

PRMI Empower is offered through Primary Residential Mortgage, Inc. All loans are subject to credit approval, program guidelines, and availability. This is not a commitment to lend.