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 | Premium Capital FundingNew mortgage wholesale lending division passes milestone."Looking for home mortgage finance? Try Mr Mortgage first for 100 percent home loans, 95 percent mortgage refinancing with debt consolidation and 95% lo doc mortgage loans and bad credit mortgages now."JERICHO, N.Y., Dec. 14.2004 Premium Capital Funding, a leading mortgage lender and bank, has passed a business milestone by funding $10 million dollars in loan volume since the inception of its new wholesale platform just two months ago. Adam Brown, Vice President, could not be happier, "We only entered the wholesale business in October and we are already doing considerable volume. Being a lender has opened so many doors for us in terms of new origination platforms." PCF generates loans through three channels: in-house broker business, retail sales operations, and now its wholesale platform. Brown sees this as a natural transition for PCF, "Any economist will tell you that in order to survive you have to evolve and stay ahead of your competition. Over the past few years we have developed a strategy for growth that has enabled us to take capture greater market share. The result is continued expansion in a shrinking market. That itself is a testament to the success of our business platform." Brown attributes the growth of PCF to its talented staff, which thoroughly understands the wholesale business and sub-prime market. "Before becoming a bank we were a large player on the broker side. As a result we fully understand their needs and have been able to translate our experience into an excellent package. We know the sub-prime market inside and out, and this gives us a distinct advantage in this market." Is it time to refinance your mortgage with Mr Mortgage? www.mrmortgage.com.au Founded in 1995 Premium Capital Funding (Formerly BLS Funding) is a full- service mortgage company originating approximately $2 billion in mortgage loans annually. Premium Capital Funding is licensed in over 30 states. With its corporate Headquarters in Jericho, New York, PREMIUM CAPITAL FUNDING also maintains 13 branch operations across 8 states (AZ, CA, CO, FL, MA, NJ, NY, PA). http://www.pcffund.com/ Contact: Anthony DeBetta Public Relations (516) 495-7983 tony@integrateddirect.com Premium Capital FundingCONTACT: Anthony DeBetta, Public Relations for PREMIUM CAPITAL FUNDING,+1-516-495-7983, tony@integrateddirect.com Web site: http://www.pcffund.com/ To apply for a mortgage online for an Australian property please click here.. | |||||
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