Mortgage Center

Pacific Mortgage Exchange , Inc. of Palm Desert, CA has been your devoted hard money lender for over 20 years! Pacific Mortgage Exchange , Inc.’s reliable hard money loan programs make the process of investment funding fast and convenient and enables clients nationwide with income-producing properties to receive funding in a short period of time with our simplified loan process. What is a Hard Money Loan? By definition a hard money loan is a very specific type of loan that revolves around asset-based loan financing by which a borrower will receive funds secured by the value of owned real estate. Hard money loans will typically be issued under private investors or companies (such as ourselves), as opposed to banks. Because of this, the interest rates of hard money will generally be higher than more conventional commercial or residential property loans. The reasoning behind this lies in the riskiness of the loan that is issued by the lender. Most hard money loans are used for short-term projects typically lasting from a few months to no more than a few years. The criteria that is gauged when considering a good candidate for a hard money loan varies largely by the various lenders and purpose, however, most hard money lenders primarily qualify this type of loan based on the value of the real estate being collateralized, although credit scores, income and other conventional criteria may still be added into the loan evaluation.

FirstBank provides a wide range of financial services to consumers and businesses. The bank offers checking and savings accounts, certificates of deposit, retirement plans, overdraft protection and mortgage programs. Its lending capabilities include automotive, construction, personal and home equity loans. FirstBank assists businesses with merchant services, credit cards, cash management and lines of credit. The bank's online module enables customers to access accounts, pay bills and customize financial activities. It is a member of the Federal Deposit Insurance Corporation. First Bank has more than 100 locations in Colorado and California. The bank has a branch location in Palm Desert, Calif.

Charlie proudly serves clients in the Palm Desert, CA area. Charlie has 23 years of experience as a Sr Home Lending Advisor Cpc and specializes in preapproval, vacation home financing, FHA and VA mortgages, first-time homebuyer programs, and conforming loans and jumbo mortgages. Whether you're a first-time homebuyer, need to expand or downsize, or are looking for a second home, Charlie is here to help you find a mortgage to fit your needs. Starting with a review of your finances, Charlie can help you get a clear picture of what might work best for you. Charlie will explain your options, answer any questions you may have, keep you informed and guide you through every step of the mortgage process. Above all, Charlie wants to ensure that you have a positive home lending experience.