Metrociti Creates Luxury Mortgage Group

Metrociti Mortgage LLC, Encino, Calif., has announced the formation of a luxury real estate division called the Private Mortgage Banking Group.PMBG will expand Metrociti Mortgage's product and service offerings to include high-end real estate financing up to $20 million, unique properties, second-home financing, and construction loans, the company said. The group also specializes in difficult appraisals, jumbo and super-jumbo financing for purchases and refinances of all types. "The group is ideally suited to cater to sophisticated clients with complex ownership issues, clients who do not wish to state income, assets, or employment data, and high-end clients with less-than-perfect credit," Metrociti said. The new division can be found online at http://www.pmbg-metrociti.com.