PMG Commercial Lending Blog

Upside Down? You Can Refinance Up to 125% of Your Home's Value Even if you owe up to 125% more on your mortgage than your home is worth, you may be able to refinance. For example, if your home is worth $200,000 but you owe more than that, qualifying homeowners can now refinance up to $250,000. Ac...

  We are now a direct residential lender.  We are not a broker.  Let us know if we can help you close your next residentail transaction.NO APPRAISAL NO PRIVATE MORTGAGE INSURANCE UP TO 95% LTV LOAN AMOUNT UP TO $729,750 INVESTMENT PROPERTY IS OKAY...Any questions please feel free call me 508.377....

Needed Fractured Condos We have fund that has a simple request…..”WE WANT FRACTURED CONDOS”.  Now I’m sure the next question you have is, what is a fractured condo?  In this particular case, the fund defines a fractured condo as a condominium development projects that was completed, units were s...

REO Program Highlights In-Vision Financial Holdings is pleased to announce an REO lending program provided by one of our private direct investors.  The program in essence functions like a blanket loan across an REO portfolio.  The basic parameters are as follows: Residential:  Single Family or C...

Strong Rebound Seen for US Home Sales - Real Estate * US * News * Story - CNBC.com. This is great news for the home buying industry.  However, I am going to issue a word of caution.  Many of these homes that are selling are of short sale and foreclosure type.  What is going to happen when this e...

>We pleased to announce the High End Residential program provided by one of our private direct investors.  This program offers purchase, construction and refinance options for super jumbo residential.  The basic parameters are as follows: Loan Amounts from  $2-40 million permanent loans. Loan Amo...

 Judge reaffirms crucial foreclosure sale ruling - Daily Business Update - The Boston Globe. it is about time someone stopped these out of control lenders.  they have no idea who actually owns their property. Take my house for instance, the records show that one lender owns, i know for a fact th...

Lunacy in Las Vegas Housing - Realty Check with Diana Olick    This is an absolutely amzing story, the best part is the Realtor at the end.  My god what have we come to when people can just can walk away. 

Credit Tightens for Small Businesses – Companies * US * News * Story – CNBC.com. This is what is going to slow the recovery.  Banks need to lend for small business to grow.  Companies need money to hire and develop new product. And until they do it will be very slow increase in job creation.   F...

Full-Year TARP Results: Banks Hoard More Cash, Make Fewer Loans - FOXBusiness.com. This is why banks are going to lose their clients to private investment firms like the ones that we are using to fund commercial transactions.  Clients know when they are getting the cold shoulder and when they hav...