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Wholesale Lenders Licensed in Puerto Rico
Mortgage brokers who are looking for doing business in Puerto Rico and thinking of getting licensed may have a hard time finding wholesale residential mortgage lenders who are able to originate and fund loans in Puerto Rico. If you are a mortgage broker looking for a five-star wholesale mortgage investor who is licensed to do government and conventional loans in Puerto Rico, contact Christian Sorenson of Equity Prime Mortgage, commonly known as EPM Mortgage. EPM is the wholesale lender of choice at Gustan Cho Associates. Over 80% of our borrowers are folks who could not qualify at other lenders and the first choice we take our borrowers to is to Equity Prime Mortgage. Christian Sorenson is our top account executive not just at EPM Mortgage but the best wholesale account executive who the team at GCA Mortgage Group worked with. He is always available, is knowledgeable, and always goes above and beyond than any other wholesale account representative anyone at Team GCA Mortgage ever worked with. Give Christian Sorenson a shout. You will not be disappointed.
Here is a link to a comprehensive guide about buying a house in Puerto Rico published on FHA Bad Credit Lenders, a subsidiary of GCA Mortgage Group and Gustan Cho Associates:
https://fhabadcreditlenders.com/buying-a-house-in-puerto-rico/
fhabadcreditlenders.com
Guide To Buying a House in Puerto Rico
Compared to many other U.S. states, home prices and property taxes in Puerto Rico is low making buying a house in Puerto Rico more affordable.
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6 Replies
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So what is different about buying a house in Puerto Rico 🇵🇷 than in the mainland United States?
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Puerto Rico has different rules for home purchase. Normally, you need to hire a lawyer licensed in the commonwealth of Puerto Rico. Closing costs is on the average $5,000 higher than the average home closing costs in the United States mainland. As it stands, we are still aggressively looking for additional wholesale mortgage lenders on FHA, VA, USDA, and conventional loans. and non-QM loans as well as business and commercial loans.
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Puerto Rico is beautiful. At least near the beach or waterfront properties. There are many tourist who vacation for the first time and the next thing they know is they want to buy a second home or move there permanently due to no federal taxes. The commonwealth of Puerto Rico does not have federal income taxes and is agreat desination spot for high earners from mainland United States.
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Non-qm Mortgage Lenders are not doing business in Puerto Rico yet. We do government and conventional loans.
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It can be difficult for mortgage brokers based in Puerto Rico to locate trustworthy lenders for wholesale residential mortgages; however, the Equity Prime Mortgage should be among the lenders that brokers and their borrowers would appreciate.
If you are looking for a suitable mortgage division, then EPM is a good choice because of the following factors:
Partially Owned Since 2007: EPM has been operating in the country for over 20 years and is thus able to provide a great experience to its customers in Puerto Rico.
Sufficient Loan Amounts: EPM is one of the large providers of commercial mortgages and has gained the trust of hundreds of customers over the years, so they provide sufficient loan amounts.
Outstanding Partnerships: Most customers have had success and have good reviews about Mr Christian Sorenson, who has made a great name for himself in the industry.
Pros Of Partnering With Christian Sorenson In The Future
Availability: Christian Sorenson can easily understand the customer and come up with great solutions for their issues; this greatly benefits the homeowner.
Customer Satisfaction: He is able to respond to the customer’s needs in a timely fashion, allowing brokers to carry out transactions easily.
Mortgage professionals looking to make their mark in Puerto Rico would benefit from turning to Christian Sorenson at Equity Prime Mortgage. Given EPM’s broad suite of products and outstanding service levels, you will have a resource that will enable you to satisfy your client’s requirements. Contact Christian Sorenson now. You will not regret this!
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Finding good wholesale residential mortgage lenders can prove difficult for mortgage brokers in Puerto Rico hoping to grow their businesses. Thankfully, Equity Prime Mortgage (EPM) is rated one of the best by brokers and borrowers.
Why EPM?
Licensed for Government and Conventional Loans: EPM is a fully licensed business capable of originating and funding government-backed and conventional loans in Puerto Rico.
High Approval Rates: Over 80% of the individuals to whom EPM lends are those who cannot get a loan from conventional lenders, making it prime for persons seeking a financing solution.
Exceptional Support: Christian Sorensen, one of the accounts executives at EPM, is touted by many customers for his availability, knowledge, and commitment to service. Several at Gustan Cho Associates (GCA) think he is the best in the business.
Benefits of Working with Christian Sorenson
Expert Guidance: Christian has worked in the mortgage market for several years and can be supportive at every stage of the lending process.
House Specialist: He is well known as a house specialist, which makes it easier for him to understand brokers’ and potential borrowers’ needs and thus work faster.
Christian Sorenson from Equity Prime Mortgage can help brokers wanting to grow their business in Puerto Rico. EPM is the one you can always trust with its strong products and great customer service to address your client’s needs. Get in touch with Christian Sorenson now—your expectations will not be hurt!
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