
John Argerious Jr
Innovation is often less about creativity than it is responsive to the times. We introduced No Closing... | Tampa, Florida, United States
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John Argerious Jr’s Location Tampa, Florida, United States
John Argerious Jr’s Expertise Innovation is often less about creativity than it is responsive to the times. We introduced No Closing Cost, NCC, in 1992 with an outlook towards a long term decline in rates. The NCC program freed our customers to refinance repeatedly with No Cost, some five times, as fixed rates continued to decline over the next fifteen years. Our interest in commercial real estate, CRE, is driven by a return to sensible property valuations and the need a new savings class of citizens (Boomers) have for safe, higher yielding returns on investment. As a Florida Mortgage Lender/Servicer we are uniquely authorized to offer Fractional Interest Mortgage Investments, FIMI, to our associated and qualified investors. The small investor is now able to invest fractionally, in some cases as little as $10,000, in an income property mortgage. A FIMI offers a high yield and real security through today's legitimate valuations and borrowers' equity. The FIMI program is timely and innovative, much like our NCC program was. Commercial mortgage lending will be a focus going forward. In our course of activity to deal with otherwise un-bankable loan projects we will select those most suitable for our FIMI investors. The rest will be brokered to other banks and lenders nationwide as has been our practice the last 30 years. Specialties: While hard to place CRE financing is at the point of our spear today, we're still an expert in residential mortgage lending. With decades of experience our professional staff of lenders are what is required today to navigate the complexity now surrounding the home mortgage loan process. The confusion created by our governments' new found penchant to protect the public form itself is daunting. The excessive reform and duplicate documentation however was wholly predictable.
John Argerious Jr’s Current Industry Bachman Lear & Company, Inc.
John
Argerious Jr’s Prior Industry
Bachman Lear & Company, Inc.
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Bachman Lear & Company, Inc.
Commercial Mortgage Broker
Thu Nov 01 1979 00:00:00 GMT+0000 (Coordinated Universal Time) — Present