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| Information about
Diversified Mortgage & Investments, Inc. (Commercial) :
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Year founded: 1987, local private
ownership
Experience: The owner, Rod
Roberts, has over 25 years of real estate experience and is a
hands-on owner which enables the company to handle complex
situations.
Company Purpose: Commercial and
residential mortgages
Loan Size: $500,000
Minimum for Commercial Loans
Type of loans:
First mortgages
Property type:
Apartments, retail, hotels (full & limited service),
office-warehouses, office buildings, mini-storage,
manufactured home parks. If it can be financed, we will have a
source.
Funding source: Life Insurance
companies, Savings and Loans, Pension Funds, banks, Wall
Street investment firms, and credit companies.
Service: Our service is the best. We
contact multiple lenders to find the best rate and terms. We
are actively involved in the processing of the loan. We assist
in negotiating the loan documents, arrange (with consent of
the lender) for the appraisal, environmental study, title
company, etc. This way, we are with the owner every step of
the way. We take a lot of pride in the fact there are no
surprises at the closing. Also, you will find that we return
calls promptly. We try to provide such good service that each
client feels as if he or she is our only client.
Track Record: Every loan commitment that
has been issued and accepted by the property owner has closed.
In fact, that is a record that spans over 25 years of being in
real estate
Comments: Diversified Mortgage
& Investments, Inc. offers great rates and service that is
second to none. We have pleasant, knowledgeable mortgage
personnel to work with. If you give Diversified Mortgage &
Investments, Inc. a chance to arrange your financing just one
time, we are confident that we will earn additional business.
Below is a photo of a full service hotel Diversified
Mortgage & Investments, Inc. placed financing on. It is a
300 room hotel in a suburb in the Minneapolis/ St. Paul area.
The loan amount was $10 million.
FEES AND CLOSING COSTS
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| Information
about Diversified Mortgage & Investments, Inc.
(Residential) : |
Year founded: 1987, local private
ownership
Experience: The owner, Rod
Roberts, has over 25 years of real estate experience and is a
hands-on owner which enables the company to handle complex
situations such as investment property, self-employed or
multiple business owners.
Company
Purpose: Commercial and residential mortgages
Loan size: $80,000 minimum for residential
Loan Types: All mortgages programs (fixed
rate, ARM, Jumbo, BCD, 125% LTV). No FHA or VA.
Funding source: Diversified Mortgage &
Investments, Inc. has correspondent agreements with several
large institutional wholesale lenders each with Billions of
dollars of loans in their portfolios. By having several
companies to place the financing with, we can place the
financing with the lender who has the lowest rate on the day
the homeowner locks the rate.
Service: Our
service is the best. We usually meet with the borrower in the
comfort of the applicant's home. Our originators do their own
processing. Therefore, we are with the owner every step of the
way. We take a lot of pride in the fact there are no surprises
at the closing. You will find that we return calls promptly.
Track Record: Most applicants lock their
interest rate at the time they apply for the loan. Only one
applicant has lost their rate lock before the closing and that
was because the applicant lost his job just before the rate
lock expiration. If you give Diversified Mortgage &
Investments, Inc. a chance to make just one loan, we are
confident that you will recommend our company to others.
Rod
Roberts, owner of Diversified Mortgage & Investments, Inc.
is pictured with Diane, one of the mortgage originators.
FEES AND CLOSING
COSTS
900 W. 128th St., Suite 100 Burnsville, Minnesota
55337 (952) 890-2446 or
CLICK HERE
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