PFH Mortgage, LLC was formed by Kenneth S. Ginsberg, an attorney with more than twelve years of experience in real estate, business, foreclosure and bankruptcies. He saw that good people with bad credit, previous foreclosures and bankruptcies were being turned down for mortgages by traditional bank lenders. He responded by placing mortgages for people with difficult or unusual situations. 

Most borrowers believe that banks are the only place to get a mortgage. Nothing can be further from the truth! Since the mega banks are only interested in making loans to people who fit their most discriminating criteria, PFH finds lenders with a variety of different loan programs to fit almost any situation. New lenders are added regularly to ensure that you, the client, receives the widest loan selection available.

The professionals at PFH have over twenty-five years of combined experience in underwriting, placing and servicing over $500 million of residential and commercial loans. They work to ensure your mortgage needs are fully satisfied. Some examples of our recently closed transactions are:

Residential Loans:
  • $97,500 mortgage (65% LTV) to homeowner in bankruptcy with open foreclosure. Negotiated with existing lender to reduce mortgage balance of $155,000 to $98,500.
  • Obtained $140,000 mortgage allowing tenant to exercise their purchase option on a $175,000 home. Tenant had poor credit and a prior bankruptcy and foreclosure.
  • Secured a $165,000 load for a homeowner unable to prove income.
  • $200,000 no documentation loan for accountant at very low interest rate.

Commercial Loans:

  • $1.25 million SBA loan to food manufacturer in Chapter 11. A $4.5 million discount was negotiated with the existing lender.
  • $1 million SBA loan to a startup wholesale distribution company.
  • $325,000 (80%) mortgage loan to acquire bank owned property with very low rental income.