PCMA Announces Continued Nationwide Expansion with the Addition of Idaho to our Lending Footprint Realtor.com reports that Coeur d’Alene, Idaho is number 2 on the top 20 Emerging Housing Markets list.
Irvine, CA
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August 23, 2021 08:00 AM Eastern Daylight Time
PCMA, the pioneer and leading voice in Non-Bank Private Client Lending, announces the expansion of our Private Client services to the state of Idaho - Company NMLS ID: 237710. The expansion of Private Client Lending into Idaho highlights the extraordinary growth of PCMA and the continued growth in the Idaho luxury housing market.
Prior to 2019, homes at a price point at or slightly above $750,000 was considered a luxury purchase, as defined by those in the top 5% of the market in sales value. The amount considered to be a luxury home purchase in Idaho increased to $1MM in 2020 and has trended near $2MM 2021 according to local real estate reports.
“Private Clients moving to Idaho for a variety of reasons that include crystal clear lakes, outdoor activities for each season, world class golf courses and much more,” said John R. Lynch, CEO and Founder of PCMA. “We have seen a change in buying patterns of the Private Client community over the past 18 months. At first, they were pleased to be availed financing so they could either downsize or find a second home. As more people started working from and learning from home, Idaho and places like it became an ideal fit, giving them plenty of space [both inside and outside] as well as solid infrastructure to support their remote capabilities along with easy access to national and international travel.”
PCMA’s expansion into the Idaho 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; the launch of the new PCMA Studios film campaign; and the addition of Ulysee to the Private Client Collective, a modern approach to asset-based lending.
“Growth in areas like Idaho, are fueled by Private Clients who are finally being given the lending options [like OMEGA and ZENITH] that they deserve,” 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 Idahoan’s statewide.”
PCMA is the nation’s leading Non-Bank Private Client Lender serving the complex credit 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 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
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Jason Jepson
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