PMG is a mortgage broker in Pennsylvania that takes a long-term partnership approach to the process of buying or refinancing. As such, we seek to develop good relationships with our clients through trustworthy service and timely communication throughout the process. Dave started PMG in December of 2005.
He is also very active in other real estate related ventures including flipping, rentals, and private money. He enjoys developing long-term fiduciary relationships with his clients and provides a high level of service. He understands communication and he is known for picking up his phone anytime of the day.
He is also very active in other real estate related ventures including flipping, rentals, and private money. He enjoys developing long-term fiduciary relationships with his clients and provides a high level of service. He understands communication and he is known for picking up his phone anytime of the day.
Services
Adjustable-Rate Mortgage (ARM): A mortgage loan that does not have a fixed interest rate. During the life of the loan the interest rate will change based on the index rate plus the margin, see the example below. With most ARM loans, your monthly principal and interest payment can change. Index: the published market index used to calculate the interest rate of an ARM at the time of origination or adjustment.
An FHA loan allows you to buy a 1 to 4 unit home with as little as 3.5% down and permits the seller to pay up to 6% of the sales price towards the buyers closing costs. This makes an FHA home loan a good fit for some home buyers who have limited funds available to invest in the home purchase. FHA permits the down payment to be a gift.
No closing cost mortgage loans typically exchange a slightly higher interest rate for the lender paying part of or all of your closing costs. This is one way to keep the same loan balance when you refinance without digging into your savings. These can also be arranged on a purchase loan. Sometimes this is called a Lender Credit or Lender Assist.
The USDA Rural Development's Single Family Housing Guaranteed Loan Program assists moderate income homebuyers achieve their dream of home ownership in non-urban areas! Applicants must purchase a single family home within the eligible rural areas (population under 10,000), and have a household income that does not exceed the established limits where the home is located.
VA Insured Home Loans help Service members, Veterans, and eligible surviving spouses become homeowners since 1944. VA provides a home loan guaranty to make the loan program available through lenders like us. This great home loan program can be used to buy 1-4 unit home with no down payment required!
