Tag: Mortgage

In an ever-changing interest rate environment, homeowners in Singapore may consider refinancing their home loans to reduce their monthly mortgage monthly repayments. What exactly does refinancing your home loan entail? In simple terms, mortgage refinancing involves replacing your existing home loan with a different loan from another bank. Keep reading to find out how to refinance your home loan in Singapore. How Does Refinancing a Mortgage Work? When you apply for mortgage refinancing with a new bank, the bank will review information like your income, credit score and assets to determine if you fulfil the refinancing requirements. If you’re deemed eligible ... Read more

 VA mortgages in Tampa have become increasingly popular with Veterans and Active Duty military due to the proximity of MacDill air Force Base. Florida’s VA Mortgage Center plans to capitalize on the trend by establishing a local presence. Located in the heart of Tampa right in Rocky Point, Florida’s VA Mortgage Center Tampa Office serves Tampa and surrounding areas. “Our clients really want to be able to work with someone local and trusted. With that in mind, expanding our retail presence in Tampa is very important to us,” said Rick Foxx, President of Florida’s VA Mortgage Center.” “Opening an office ... Read more

 CellarStone Inc., provider of the leading sales commission software in the market as well as sales performance management software and other solutions, is excited to share that Redwood Mortgage has chosen QCommission to simplify their company’s sales commission process. Redwood Mortgage provides quality mortgage lending within California for both residential and commercial properties. Founded in 1978, Redwood Mortgage is an established financial organization with more than 35 years of experience in arranging and funding mortgage loans in California. Redwood Mortgage and its affiliates have arranged around 2 billion dollars in loans and currently manage a loan portfolio of over $275,000,000. ... Read more

 Pangea Mortgage Capital (PMC), a nationwide commercial lender headquartered in Chicago, Illinois, closed a $16.4 million loan for the acquisition and repositioning of a three-asset hotel portfolio located in Lincoln City and Medford, Oregon. At the start of the second quarter of 2021, an Oregon-based real estate investor sought an acquisition loan for a three-asset hotel portfolio. The business plan included master-leasing the properties to a government agency and eventually converting the properties to multifamily housing. The sponsor engaged PMC because he needed certainty of execution and to fund the transaction quickly – as soon as the loan closed, the ... Read more

 Pangea Mortgage Capital (“PMC”), a nationwide commercial lender headquartered in Chicago, Illinois, closed an $8.5 million loan for the acquisition and repositioning of a retail community center located in suburban Cleveland. In the second quarter of 2021, PMC worked with an experienced, national retail owner-operator to provide acquisition financing for the 182,000 sq. ft. subject property. With PMC’s loan, the Borrower will be able to execute on their business plan to re-stabilize the center with new tenants that complement the existing lessees, thus unlocking the full value potential of the site. PMC’s team worked hand in hand with the Borrower’s ... Read more