As a Wholesale Mortgage Lender, Park Place Mortgage has access to numerous Wholesale Lenders with all the very same loan products you would find at a “brick and mortar” retail Bank, or large Online lender, and then some.  It gives you, the Borrower, the ultimate resource in finding the best mortgage product and rates to suit your needs.  Working with a fully NMLS and California DRE Wholesale Lender like Park Place gives you the ultimate flexibility in finding the right loan program, interest rate and loan approval, based on your qualifications and need.  The large Retail Banks and big Online Lenders only have their own products, guidelines and rates.  They don’t have access to other Lender’s products, rates and guidelines, like Park Place does.  Since the Retail Lenders and Online Lenders are often publicly traded companies, and have to always think about “shareholder wealth”, they are almost always priced higher and have more stringent underwriting guidelines.

Park Place Mortgage utilizes all avenues of loan application, approval and closing.  If you are a fan of technology and love using all the modern advances of secure Online application and approval processes, we have that for you! Or, maybe you like to jump on the phone with your Loan Officer, and ask questions about the loan process, we do that too!  And, yes, if you are still the one who likes to schedule an appointment in the office, come meet your Loan Officer and go over all aspects of your loan request, we gladly accommodate that too!

• Purchase Loans
• Rate and Term Refinances
• Cash-Out Refinances
• Renovation loans
• Reverse Mortgages/ HECM’s
• Conforming loan products

It has been far too long, and too detrimental to consumers, that real estate firms, mortgage firms and property management firms have remained segregated.  The purchase and financing of a property is usually a person’s biggest purchase in their lifetime, up to that point.  Don’t you think that a Real Estate Agent should know important details about today’s, highly regulated, mortgage products?  Shouldn’t a mortgage Loan Officer understand how important contingency dates, and their implications are, on a real estate contract?  There is a huge amount of correlation between real estate agency and financing on each and every residential real estate transaction that takes place. Agents and Loan Officers should know each other’s jobs as if it were their own, and we do!

When you have licensed Real Estate Agents that are also fully NMLS licensed Loan Officers, consumers benefit by better negotiations, smoother transactions, more savings, and better interest rates.

Our service is top notch and is predicated on today’s best real estate and lending technology, but our real secret ingredient is Experience.  Our Broker and Broker Associates have over 70-years of combined experience in real estate and residential lending. Then there are our Sales Associates and Loan Officers who’s combined experience spans many, many years as well.