PCR Mortgage - Real Estate Financing

PCR Mortgage is the in-house mortgage and financing arm of Prudential Carruthers Realtors.  Provided to clients as part of the full array of services associated with residential real estate transactions, PCR Mortgage is an affiliate of Presidential Bank, FSB, which was founded in 1985 and is now one of the region's largest mortgage lenders with assets exceeding $200 million.

As a full service mortgage company, PCR Mortgage is able to provide direct lending (as opposed to mere loan brokerage) and, accordingly, offers over 1,250 different loan programs at more competitive rates than many other financing companies.  Also, as a subsidiary of a federal institution, PCR Mortgage can provide loans in 48 states and assigns experienced loan officers to help clients with personal, professional service through the entire loan process from application to funding.

The following loan financing programs are available through PCR Mortgage (subject to prevailing underwriting stipulations):

• FHA/ VA loans
• Conventional Loans
• Jumbo loans
• 80/15/5 Programs (with no PMI)
• 80/10/10 Programs (with no PMI)
• 90% Investor loans
• Permanent construction financing
• 95% second home financing
• 97% No Income loans
• “ True No Doc” loans
• Up to 270 day locks
• 95% cash out refinances
• 203K loans
• Lender paid PMI program
• Special programs for relocation buyers
• 100+% financing for well approved buyers (with no PMI)