Missy has been a great loan officer that made my loan process easy and simple. Her guidance and clairity in the whole process made us it easy and stress free. We can't thank you enough. My experience with park place Finacial and missy is the most greatest experience we had, being that we had 3 previous loan companies that couldn't deliver us a loan or even the guide us with a positive outcome.
Like getting this loan done in and in time. It took about 3 weeks to close. As a matter of fact we are set to close in a few days. Austin and his team did an amazing job for me. To start - he was able to help me get an offer on a property accepted for WELL below asking price because of the confidence him and the company brought to the table.
Like getting this loan done in and in time. It took about 3 weeks to close. As a matter of fact we are set to close in a few days. Austin and his team did an amazing job for me. To start - he was able to help me get an offer on a property accepted for WELL below asking price because of the confidence him and the company brought to the table.
Services
A Good Mortgage Lender asks questions - and then uses your answers to find multiple mortgage options that make sense for your needs. A Good Mortgage Lender communicates well enough to explain everything in terms you can understand thoroughly. A Good Mortgage Lender works to find what's best for YOU, so you're comfortable with the terms of the mortgage.
When other lenders are too rigid in their pre-qualifications, or are moving too slowly for your needs, Park Place Finance can step in to fill the gap. Put our speed, responsive service and simple hard money loan products to work for you. The hard money loan is designed to assist real estate investors who would like to close quickly on real estate purchase transactions, or to access existing equity on real estate already owned.
A conforming loan is a mortgage loan that conforms to Fannie Mae and Freddie Mac guidelines. Conforming loans are part of each major loan program, including conventional loans and government-sponsored products like FHA loans, VA loans and USDA loans.
They're considered "conforming" because they conform to the loan limits that are set by the Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac, organizations that buy mortgages from lenders.Conforming loans usually have lower interest rates than non-conforming loans because they are easily bought and sold on the secondary mortgage market, making them a less risky investment for lenders.
They're considered "conforming" because they conform to the loan limits that are set by the Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac, organizations that buy mortgages from lenders.Conforming loans usually have lower interest rates than non-conforming loans because they are easily bought and sold on the secondary mortgage market, making them a less risky investment for lenders.
A jumbo (or non-conforming) mortgage is a home loan for an amount higher than [conforming loan] limits. As such, they are not eligible for government guarantees. Jumbo loans can be used for higher-priced properties, including luxury primary residences, second homes, and personal investment properties.
An FHA loan is a mortgage that's insured by the Federal Housing Administration (FHA). Typically, an FHA loan is one of the easiest types of mortgage loans to qualify for because it requires a low down payment (3.5%) and you can have less-than-perfect credit (credit scores as low as 580). Another advantage of an FHA loan is that the FHA allows you to have more monthly debt, which makes it easier to qualify.
Reviews (9)
Jose Recinos
Jan 26, 2022
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Oh man!!!
First time using this company for my fix & flip deal. Connor was on top of the game with only 2 days to close the deal he was able to approve me and to get the appropriate documentation to get it done in a quick manner.
Connor definitely deserve my business and from now on he will be my go to man for my any of my projects.
First time using this company for my fix & flip deal. Connor was on top of the game with only 2 days to close the deal he was able to approve me and to get the appropriate documentation to get it done in a quick manner.
Connor definitely deserve my business and from now on he will be my go to man for my any of my projects.
Courtney Amaya
Jan 25, 2022
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Buyer Client of mine was working with a Roberto Anaya from Park Place. Appraisal came back short on the day of closing, but after consulting with Mr. Anaya and the buyer, I renegotiated the sales price for the deal to move forward. An hour later the buyer calls me shocked that they did not have enough funds to cover cash to close, reserves required, and insurance.
While it's never a lenders fault a buyer can't perform, I can't help wondering why proper expectations on total amount required to complete purchase weren't established early on. 12 days passed and we reached closing day before the client
While it's never a lenders fault a buyer can't perform, I can't help wondering why proper expectations on total amount required to complete purchase weren't established early on. 12 days passed and we reached closing day before the client
Misty Young
Dec 30, 2021
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I’m not even sure I should let the world know how freaking amazing Austin was during this purchase transaction because I want to keep him all to myself!!!! I let him know that I needed the loan on Friday, and by Monday it was funded and we closed on Tuesday. Austin you are seriously incredible. Is Austin’s name really Peter Parker or Bruce Wayne?? Is he a Superhero? I think anything is possible here....
Jason Grider
Dec 30, 2021
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Park Place did a amazing job in providing the rest of the funding for the house I am flipping and was super fast and friendly to work with! We closed the deal from initial offer to closing the loan documents and taking possession of the property in 2 weeks! A great partner whom I will continue doing business thru for many years!
Kim Bell
Dec 23, 2021
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The loan officer expected me, a professional appraiser, to accept his request for an appraisal. He never followed up, never submitted a proposal for a fee nor turn time, then a month later asked me for a status update! We did not accept the request for the appraisal, and now he is harassing me, telling me I am a bad business person. I feel so very bad for his borrowers, they deserve better, much better. Never ever assume someone is willing to accept your job just because you sent a request, that’s not how my 500 other clients and I do business.
Abby Robinson
Dec 16, 2021
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Nasir Dean
Nov 13, 2021
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My experience with Park Place Finance is wonderful. I bought my house last month. Austin Bunkers has helped us closing our loan. Our closing went smooth without any complication. Mr. Bunkers is very experienced loan officer who paid attention to timely manner of closing, Interest rate and closing expanses. He saved our lots of money from unnecessary closing expenses. We recommend Park Place Finance lender and the loan officer "Austin Bunkers" for his best services and great experiences in lending.
Gregory Rayford
Nov 04, 2021
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Equity Llc
Oct 14, 2021
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Park Place Finance ended up as our lender on a cash out refinance we were doing on one of our rentals. The process was fairly smooth. Only issue was a lapse in updates and communication as we were approaching final approval and after we actually closed. It all worked out and we are satisfied with the end results. We’d still recommend PPF.
