PCMA Continues its Nationwide Expansion with the Addition of Maryland to our Lending Footprint
jason jepson - June 14, 2021
Irvine, CA June 15th, 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 Maryland – Company NMLS ID: 237710. The expansion of Private Client Lending into Maryland highlights the continued commitment of PCMA’s plan of providing expanded prime credit options and increased liquidity to high-capacity households around the country.
Maryland’s housing market continued its strong sales pace in 2021 with March sales figures of 7,964 units sold, which outpaced the previous year’s sales of 7,148 by 11.4%. An indicator of how fast the market is moving, median days on market, dropped to just 7 days in March.
“We have been watching the macro and socio-economics of Maryland for a couple years and now seemed like a great time to introduce our firm to this market. The high-end housing market in Maryland remains red hot, with no sign of slowing down anytime soon, “said John R. Lynch, CEO and Founder of PCMA.
“All cash settlements in Maryland are accelerating. Over the past 2 years the increase in all cash purchases for investors and second-homebuyers climbed; highlighting the lack of true financing available to meet the needs of these esteemed borrowers,” said Lynch. “Our comprehensive Private Client Catalogue that includes OMEGA, ZENITH and ULYSSE provide the credit solutions the High Net-Worth residents of Maryland deserve.”
PCMA’s expansion into the Maryland 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.
PCMA is the leading non-bank private client lending organization serving the needs of their 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 and indirect to consumer 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