Primary Residential Mortgage, Inc. expands in California

by Michael Mata12 Aug 2016
Primary Residential Mortgage, Inc. (PRMI) has just announced its expansion into Marin County, California, with a new office in Larkspur. Michael Koran and Dane Moler, PRMI’s Bay Area division managers, will increase their area of responsibility to include overseeing the new location.

PRMI’s San Francisco division is on track to set new origination volume records again this year after funding a record-breaking $91.9 million in loans last year. Since opening in 2008, PRMI’s San Francisco division has helped more than 1,600 people attain their dream of homeownership.

“We’re proud of the rapid growth we’ve experienced locally. Primary Residential Mortgage is quickly becoming a household name in California and the Bay Area and we look forward to providing the people of Marin County with an independent, locally-owned alternative for home loans,” stated Koran. 
Yelp lists Michael Koran among the top five loan originators in the San Francisco area. A California native, Koran attended the University of California, Berkeley as well as the Haas School of Business. He’s a 12-year veteran of the mortgage industry, and has served as vice president of sales and as division manager at PRMI.
Dane Moler is listed as a top loan originator by a renowned mortgage publication, and has been in the San Francisco mortgage industry for well over a decade. Moler also attended the University of California, Berkeley, and has a degree in Political Economics. He’s the recipient of multiple management and origination honors throughout his real estate lending career.
Headquartered in Salt Lake City, Utah, PRMI has evolved into a nationwide, multi-billion dollar operation with more than 1,800 employees working in nearly 250 branches. The company is licensed in 49 states and serves all segments of the market.



Is TILA-RESPA a good or bad thing long term?