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Do you lend on property outside of the United States?
No. Pico Funding currently originates loans in Maryland,
Washington DC, Virginia, and California. Many other
state licenses are forthcoming.
Does Pico Funding Mortgage lend on mobile homes?
Yes, in some instances. Contact your loan officer
for additional information.
Why do you not advertise rates on your site?
Pico Funding does not post rates because your interest
rate will vary depending on your credit history
and other variables. There are many things that
we take into consideration before we can give you
a quote. Your loan officer will give you more information
upon approval of your loan.
Will you consider borrowers who are currently
in foreclosure or bankruptcy?
Pico Funding offers programs for borrowers with
open foreclosure and bankruptcy. Your loan officer
will provide additional information upon approval
of your loan.
Will you consider borrowers who have tax liens
or judgments?
Yes, Pico Funding will consider loans with tax liens
or judgments.
Does Pico Funding Mortgage lend on commercial
property, or properties with a mixed use (i.e.,
residential with an ongoing business interest, farm,
ranch, grocery store, auto repair shop, etc.) or
apartment with more than 4 units?
Yes, in some instances. Contact your loan officer
for additional information.
Does Pico Funding have a minimum and a maximum
loan amount requirement?
Yes, it varies by state. Typically, the minimum
loan amount is $40,000 and usually no maximum loan
amount.
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