Developer Solutions
Many developers of new residential construction are unable to get financing in today’s difficult lending environment.
PennyMac, with its deep expertise in the mortgage market and unique operating platform, has launched a program to provide residential developers with financing solutions, including:
- Complete Lending Model: to help you market and sell your residential units. This includes the design of loan products and guidelines, pricing models as well as mortgage origination and servicing capabilities.
- Unique Approach to Asset Management: PennyMac has strong relationships with GSEs, Wall Street, banks and other institutional investors to manage loan sales and securitization to achieve best execution. In addition, we have expertise in interest rate risk management to manage origination pipelines as well as loans held in portfolio.
PennyMac named preferred lender for CityCenter Las Vegas Resort Towers-December 2009
PennyMac is proud to announce that it has been designated as the preferred lender to advise CityCenter Group in the marketing, sales and financing of 2,440 residential condominiums in the $1.8bn CityCenter Las Vegas Resort Towers.
For link to press release, click here
If you’re interested in learning more about Pennymac’s Residential Developer Solutions Program please fill out the information below and a representative will contact you.
* Indicates a required field.
