Parker Mortgage & Investment
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Parker Mortgage is a boutique brokerage firm whose primary focus is representing charitable foundations, trust departments and pension plans for the acquisition of mortgage lending opportunities that meet their investment guidelines and are consistent with their constituent's values. We provide complete and professional servicing of our client loans, from funding to repayment.
Services
Parker Mortgage primarily acts as a correspondent for its lender principals.
In essence, we provide procurement, underwriting and servicing expertise in return for the long-term privilege of representing our lenders.
We also broker some of our larger commercial real estate loans to banks and insurance companies.
As part of their balanced portfolios, our lenders recognize the value of obtaining a consistently high yield, with monthly income, on investments that are secured by a tangible asset—real property.
Parker Mortgage provides funding to borrowers on most types of property, from large office buildings, industrial parks and agricultural holdings.
Unlike the box checkers at the bank, we have the flexibility to consider each request on its individual merits.
Our lender clients recognize that underwriting (the verification and basic decision making process) involves a matrix of objective and subjective inputs.
For example: the financial weakness of a borrower may be well compensated for by his building having strong tenants with long term leases.
As a correspondent lender, the majority of the loans we fund are referred to us by real estate and mortgage brokers.
We know how to work with brokers who are looking for a fast and reliable source to meet their client's needs.
We understand that you need a fast response to your inquiries.
Over 90% of the time, we can tell you on the first telephone call if we have a home for your client's loan, and can quote you the terms.
With a complete submission in hand, we can close within one to three weeks.
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