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A full-service licensed mortgage banker,
Independent Mortgage Company has been providing quick, flexible
loans to a variety of clients since 1994. IMC is a direct
lender, which means we cut through the red tape that accompanies
traditional lending procedures and provide the loan you
need when you need it.
Since opening our doors in early 1994,
IMC has closed in excess of $500 million in construction
loans. We have no minimum loan amount and loans in excess
of $1 million are available. We finance both single homes
and entire subdivisions. Our high-speed, "hands on"
financing packages are readily available to homebuyers,
homebuilders, mortgage bankers, and commercial developers.
We make sure all of our clients receive the promptest possible
service.
IMC's Streamlined
Lending Process
One of IMC's real advantages is that we are able to approve
and close loans much faster than traditional lending sources.
When dealing with these institutions, tedious processing,
underwriting, and appraisal processes can extend a closing
procedure to between 30 and 90 days. At IMC, our typical
processing time is two weeks; however, our flexibility
as a direct lender allows us to speed up the lending process
to meet our borrower's needs. IMC can close a deal in as
little as five days.
Flexible Construction
Loan Financing Programs
At IMC, we specialize in both consumer and builder construction
loans. The IMC lending philosophy is focused on each transaction
we undertake, and primary emphasis is placed on the value
of our client's real estate collateral with secondary underwriting
emphasis on the borrower's financial strength and credit
history.
Consumer
Construction Loans
IMC's consumer spot-lot construction loan program enables
our borrowers to build their dream homes. Competitive
fixed or adjustable rates can be set up on terms that
best suit the homeowner's needs, and direct lending means
no additional broker's fees. Borrowers receive timely
analysis, credit approval, and loan closing.
Builder
Construction Loans
IMC offers unique, highly specialized
financing for residential construction projects directed
toward homebuilders. IMC can meet the needs of homebuilders
by providing financing for land acquisition, site development,
and construction. Loan terms are adjusted to the individual
needs of each homebuilder. IMC loan processing and approval
is completed within seven days when necessary, a level
of service unmatched by any traditional lending source.
Income
Property Loans
IMC's full line of income property loan services is available
to owners and developers of all types of income-producing
properties. IMC originates our loans for placement with
credit companies, life insurance companies, commercial
banks, and mortgage conduits.
Correspondent
Construction Loans
This program allows licensed mortgage bankers the ability
to offer a single-closing construction-to-permanent loan
product which is competitively price yet does not require
specialized staffing.
Bridge
Loans
IMC bridge loans (short-term loans ranging from three
to six months) are used to bridge the time frame that
occasionally occurs before a borrower has secured permanent
or construction loan financing. As the circumstances for
real estate transactions necessitating bridge loans are
unique, IMC bridge loans are structured on a customized
basis to meet the specific needs of our customers.
IMC's Seasoned Staff
of Lending Professionals
At IMC, our strength lies first and foremost with the seasoned
lending professionals who run our organization. IMC's
senior staff possesses well over 100 years of combined mortgage
banking experience, and our expertise extends into every
area of the commercial and construction real estate finance
industry. From consumer construction loans to specialized
builder construction loan packages, IMC goes out of our
way to make sure that every one of our clients receives
the promptest, most responsive service available.
Independent Mortgage Company is a licensed
mortgage banker in the Commonwealth of Pennsylvania. In
addition, we are a member of the Pennsylvania Builders Association,
the Home Builders Associations of Bucks/Montgomery and Chester/Delaware
Counties, the National Association of Home Builders, the
Mortgage Bankers Association of Greater Philadelphia, the
Pennsylvania Mortgage Bankers Association, the National
MBA, and the Apartment Association of Greater Philadelphia.
For more information on Independent Mortgage
Company
or to set up an appointment with an IMC loan specialist,
e-mail us today or call 800-220-4040.
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Company Profile
