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Important PCM Announcements - Please Read!
Scheduled To Close Date:
Purchase transactions approved today and sent to closing can be scheduled to close no sooner than:
Monday, 4/21/2014
Current Underwriting Dates:
Purchases Submitted On4/17/2014
Scheduled To Close Date:
Refinance transactions approved today and sent to closing can be scheduled to close no sooner than:
Monday, 4/21/2014
Current Underwriting Dates:
Refinances Submitted On4/17/2014
Homeownership Counseling Disclosure Update and FAQ:
21 March 2014

Since January 10, 2014, Primary Capital Mortgage (PCM) has received many questions regarding the effective date of the new written list of homeownership counseling organizations and the borrower(s) acknowledgement of the list. We have created a FAQ we hope will answer your questions regarding the written list of homeownership counseling organizations and the borrower(s) acknowledgement of the list.

PCM has updated its Homeownership Counseling Disclosure Borrower Acknowledgement on PCMexpress with some important verbiage regarding the borrower's receipt of the written list of homeownership counseling organizations within three (3) business days after receipt of a loan application [refer to number five (5) and six (6) of the FAQ document].

PCM has added this verbiage so the applicant(s) may acknowledge they received the written list of homeownership counseling organizations within three (3) business days of their completed application as defined by the RESPA. This is why the language in number six (6) works the best to meet these requirements.

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PCM will be closed on Monday May 26th for Memorial Day.