Paramount Residential Mortgage Group
Paramount Residential Mortgage Group is a private US residential mortgage lender, founded in 2001 and headquartered in Corona, California, that originates home loans — including VA, FHA, and USDA Rural Housing products — for home buyers, veterans, first-time buyers, and rural households across multiple states.
- Company typePrivate
- Founded2001
- HeadquartersCorona, United States
- Headcount1,001–5,000
- GTM typeB2C
- OfferingServices
What Paramount Residential Mortgage Group does
Paramount Residential Mortgage Group Inc. (PRMG) is a private US residential mortgage lender headquartered in Corona, California, founded in 2001 by Paul Rozo (CEO) and Robert Holliday (COO). The company originates residential mortgage loans for home buyers, with a stated horizontal segmentation strategy focused on home purchasers across multiple personas — including veterans, first-time home buyers, and rural home buyers — supported by specialized government-backed product expertise in VA loans, FHA financing, and USDA Rural Housing loans.
PRMG's core offering is mortgage underwriting and origination across these government-backed and conventional products. Beyond lending, the firm describes its value proposition in terms of mentorship and guidance for industry professionals, as well as a digital transformation program led by a Chief Digital Marketing Officer (Kasia Stephenson, appointed 2025) that introduces AI-supported marketing solutions and expanded social programs. Specialized underwriting talent, exemplified by a 29-year VA/FHA/USDA underwriter (Heather D'Aun Garon), supports the lending franchise.
Commercially, PRMG generates revenue through mortgage origination economics — gain on sale, servicing release premiums, and associated fees — though pricing is not publicly disclosed. In August 2025 the firm extended beyond core origination by participating as a strategic investor in Mesa's $24 million funding round alongside Lowe's and Trinity Capital, signaling early interest in borrower-retention ecosystems such as Mesa Mortgage and the Mesa Homeowners Card. Ownership and capital structure beyond operating cash flow are not disclosed; the firm is described as an independent private company with no parent or institutional investor information available.
Paramount Residential Mortgage Group firmographics
Firmographics- Name
- Paramount Residential Mortgage Group
- Legal name
- Paramount Residential Mortgage Group Inc.
- Website
- https://prmg.net
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Paramount Residential Mortgage Group is a private US residential mortgage lender, founded in 2001 and headquartered in Corona, California, that originates home loans — including VA, FHA, and USDA Rural Housing products — for home buyers, veterans, first-time buyers, and rural households across multiple states.
- Ownership category
- akta.pro rank
Paramount Residential Mortgage Group industry classification
Industry- Product category
- Residential Mortgage Lending
- NAICS
- Real Estate Credit (522292), Mortgage and Nonmortgage Loan Brokers (522310)
- SIC
- Mortgage Bankers & Loan Correspondents (6162), Loan Brokers (6163)
- akta.pro primary industry
- Private Credit / Direct Lending (FSAAAHAG)
Keywords
Where Paramount Residential Mortgage Group is headquartered
LocationHeadquarters
- HQ city
- Corona
- HQ country
- United States
- HQ region
- North America
Markets served
Paramount Residential Mortgage Group business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Marketing channels1 record
Paramount Residential Mortgage Group product offering
Product offeringCore offering
Paramount Residential Mortgage Group (PRMG) is a residential mortgage lender that originates and underwrites home loans for individual borrowers. Its product portfolio focuses on government-backed and specialty mortgage programs, including VA loans, FHA financing, and USDA Rural Housing loans, serving home buyers, veterans, first-time buyers, and rural borrowers across the United States.
Product overview
Paramount Residential Mortgage Group (PRMG) is a mortgage lending company offering residential mortgage products including VA loans, FHA financing, and USDA Rural Housing loans. The company does not appear to offer a distinct technology product platform; it provides mortgage lending services directly to consumers.
Differentiator
Problem solved
Functional benefit
Products and services
- VA Loans
- FHA Financing
- USDA Rural Housing Loans
- Residential Mortgage Lending
Companies that use Paramount Residential Mortgage Group
Customer profileSegments4 records
Ideal customer profiles4 records
Paramount Residential Mortgage Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Paramount Residential Mortgage Group partnerships and signals
Strategic signalRecent moves5 records
Expansion highlights4 records
Paramount Residential Mortgage Group competitors and assessment
Company assessmentDirect peers
- Rocket Mortgage: Largest U.S. retail mortgage lender and direct competitor across conventional, FHA, VA, and Jumbo products. Directly comparable as a national residential mortgage originator competing for the same borrower segments and loan officers.
- United Wholesale Mortgage: Leading wholesale mortgage lender with a broad product set including conventional, FHA, VA, and USDA. Comparable as a U.S. mortgage originator operating at significant scale with similar product breadth.
- loanDepot: National retail and wholesale mortgage lender offering conventional and government-backed products including FHA, VA, and USDA. Direct competitor across consumer-direct and partner channels.
- Guild Mortgage: Mid-to-large U.S. retail mortgage lender with strong FHA, VA, and USDA focus and a multi-state branch footprint. Highly comparable in product mix and government-loan specialization.
- Fairway Independent Mortgage: National retail mortgage lender with broad government-backed loan offerings and a similar retail branch-led model. Comparable on product mix, target segments, and go-to-market motion.
- NewRez: Top-15 U.S. mortgage lender with strong retail and wholesale origination across conventional and government products. Comparable in scale and product breadth.
- Movement Mortgage: National retail mortgage lender with significant VA and FHA loan volume. Comparable as a private, growth-oriented mortgage company competing for similar borrower demographics.
- Caliber Home Loans: Large U.S. mortgage lender focused on retail and wholesale origination across purchase, refinance, FHA, VA, and USDA. Comparable product set and government-loan specialization.
- Planet Home Lending: Multi-channel U.S. mortgage lender with retail, wholesale, and correspondent channels and a notable government-backed loan focus. Comparable in scale and channel mix.
- Homepoint: National mortgage lender with strong wholesale and correspondent origination, including government-backed products. Comparable in channel strategy and product breadth.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
Paramount Residential Mortgage Group social profiles
Digital presenceParamount Residential Mortgage Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Paramount Residential Mortgage Group leadership team
Management profileNumber of profiles
Profiles7 records
Paramount Residential Mortgage Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Paramount Residential Mortgage Group M&A and investment
M&A and investmentM&A
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Paramount Residential Mortgage Group
What does Paramount Residential Mortgage Group do?
Paramount Residential Mortgage Group (PRMG) is a residential mortgage lender that originates and underwrites home loans for individual borrowers. Its product portfolio focuses on government-backed and specialty mortgage programs, including VA loans, FHA financing, and USDA Rural Housing loans, serving home buyers, veterans, first-time buyers, and rural borrowers across the United States.
Is Paramount Residential Mortgage Group a public or private company?
Paramount Residential Mortgage Group is a private company. It is classified as unknown and is currently operating.
When was Paramount Residential Mortgage Group founded?
Paramount Residential Mortgage Group was founded in 2001. It employs 1,001 to 5,000 people.
Where is Paramount Residential Mortgage Group based?
Paramount Residential Mortgage Group is headquartered in Corona, United States, in the North America region.
Who are Paramount Residential Mortgage Group's main competitors?
Direct peers on record are Rocket Mortgage, United Wholesale Mortgage, loanDepot, Guild Mortgage, Fairway Independent Mortgage, NewRez, Movement Mortgage, Caliber Home Loans, Planet Home Lending and Homepoint.
Does Paramount Residential Mortgage Group have an API?
No public API is recorded for Paramount Residential Mortgage Group.
What industry is Paramount Residential Mortgage Group in?
Paramount Residential Mortgage Group's product category is Residential Mortgage Lending. Its primary akta.pro industry code is FSAAAHAG, Private Credit / Direct Lending. Its NAICS code is 522292 and its SIC code is 6162.