PCMA Announces Continued Nationwide Expansion with the Addition of Montana to our Lending Footprint
jason jepson - April 21, 2021
Federal Housing Finance Authority indicates Montana has seen one of the largest increases in housing prices of any state in the country
Irvine, CA April 20th, 2021 – PCMA, the pioneer and leading voice in Non-Bank Private Client Lending, announces the expansion of our Private Client services to the state of Montana – Company NMLS ID: 237710. The expansion of Private Client Lending into Montana highlights the unprecedented growth of PCMA and the explosive growth in the Montana housing market.
According to the Federal Housing Finance Authority’s repeat-sales housing price index year-over-year housing prices increased by 10% in Montana. That ranks 5th highest in the nation behind first-place Idaho, Arizona, Washington, and Utah. One of Montana’s hot housing market is Big Sky, with gross sales volume in 2020 was $725,958,370, almost a 50% spike from 2019. The median sales price was $850,000 across five neighborhoods, with condos and townhomes being the hottest sellers.
“Montana’s crystal-clear lakes and majestic mountains provide the ultimate sanctuary for the Private Client community,” said John R. Lynch, CEO and Founder of PCMA. “We are seeing Private Clients diversify their assets, purchase multiple smaller luxury homes instead of mega mansions, and they are moving to markets that are more price and tax friendly. Montana hits the mark on all these fronts and more.”
PCMA’s expansion into the Montana market comes on the heels of both internal and external growth of the company. PCMA continues to experience an unprecedented growth of new loan originations since the start of 2021, increased loan amounts for high valued estates, and continued national expansion with Texas, North Carolina, and South Carolina to come online in the next 90 days.
“Our continued growth is proof of the pent-up demand for Private Client capital access [like OMEGA and ZENITH] that will meet the needs of the complex and sophisticated estates,” said Lynch. “Our market leading products will be the perfect fit for the Private Client Community and we are excited to serve the affluent needs of Montana’s statewide.”
PCMA is the leading Non-Bank Private Client lending organization serving the needs of their mass affluent and high net worth clientele. PCMA offers qualified individuals and institutions bespoke lending solutions across all major residential asset classes. PCMA is a diversified financial enterprise offering private client solutions through a direct to consumer and distributed retail business model. PCMA strives to build trusting and enduring relationships by putting clients and professional partners at the center of all they do. PCMA is headquartered in Orange County, CA. Additional information is available at www.pcma.us.com