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DIVERSIFIED MORTGAGE AND INVESTMENTS INC.

Contact Info Fees and Closing Costs

Oct 14

"Great rates and service that is second to none."
 

Information about Diversified Mortgage & Investments, Inc. (Commercial) :
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
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

SERVICES WE OFFER:
  • Commercial Real Estate Mortgages

  • Single Family Real Estate Mortgages

  • Apartment Mortgages

  • Personal Debt Consolidation

  • Loan Processing

     

    Hours of Operation

    Our location is open according to the following schedule:

    Monday - Friday  

    9:00 a.m. - 6:00 p.m.

    Weekends  

    closed

    Payment Options

    DIVERSIFIED MORTGAGE AND INVESTMENTS INC. accepts the following payment types:

    cash
    check

     

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