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Acquisition, New Construction, Rehab and Cash-out Refinance

Direct Mortgage Loan Company is a private lender specializing in fixed-rate, bridge financing for real estate developers and investors in Philadelphia and the surrounding areas. We lend on land, rehab projects and new construction, on single-family, multifamily, mixed-use and commercial - pretty much any scenario where the funds can be collateralized by real estate and used for business/investment purposes. We look for ways to make difficult transactions work, while at the same time making good, sound loans.

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At Direct, there is no middle man. Our operation is built for ease and speed. We save you time at all phases of the process, which saves you energy at all phases of the project, which saves you money at all phases of the investment. We use simple documents. We have fast underwriting. We’re flexible and creative. Most importantly, we are honest and fair. We operate a smooth and clean operation with total transparency. 申花官网There are no hidden charges or prepayment penalties.申花官网 We do our own analysis of value (no third party appraisal required for most loans under $500,000) and handle draw inspections in house.

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We are a true “relationship lender.” We meet every client in person and inspect every property we finance. After a one-time due diligence our transactions are based on the existing relationship. We pride ourselves on our excellent communication and customer service. Our clients return to us again and again because we help them grow their business and their wealth. Our philosophy is simple: our success depends on our clients’ success申花官网.申花官网

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We've funded thousands of development projects and investment properties in and around Philadelphia -- 750 loans totaling just under $150MM in the last five years alone. Through it all we’ve kept our feet on the street? - personally meeting every single client and inspecting every single property. We are 100% locally based, and we do our own analysis of value and handle draw inspections in-house. We have a thorough understanding of Philadelphia real estate with all its quirks and nuance.

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Founded in 1956, we have funded thousands of development projects and investment properties in and around Philadelphia -- 750 loans totaling just under $150MM in the last five years alone. The owners have decades of experience in all aspects of Philadelphia real estate. President and managing partner, Jared E. Pontz is an active investor, and has developed a range of single, mixed-use and multifamily projects. Founding partner Robert (Bob) Elfant is also a founder of Elfant Wissahickon Realtors. Together they own and operate Elfant Pontz Properties, a property management and development company responsible for over 600 rental units in Northwest Philadelphia. Read more about our team here.

Founding Partner, Robert “Bob” Elfant with President and Managing Partner, Jared E. Pontz

Founding Partner, Robert “Bob” Elfant with President and Managing Partner, Jared E. Pontz