![]() Pennymac reserves the right to change or cancel the offer at any time, without notice. The offer cannot be redeemed for cash or credit and is non-transferable. The offer excludes Jumbo, Closed-End Second and Adjustable-Rate Mortgages, refinance, investment property, third-party and in-process loans. The amount totaling the difference of 1% between the note rate and the temporary buydown rate will be dispersed to the escrow account, and the funds will be dispersed from the escrow account to the investor to account for the difference in interest during the buydown period (the first 12 months of the loan). The payment of 1% by Pennymac will be accomplished through a custodial escrow account, to be funded by the lender-paid credit. This offer effectively reduces the rate of the loan by 1% for the first year of the mortgage. *In eligible fixed-rate purchase loan transactions, Pennymac will pay 1% of the note rate for the first 12 payments of the loan. ("PFSI") and PennyMac Mortgage Investment Trust ("PMT") collectively Pennymac. ![]() This website may include combined information from PennyMac Financial Services, Inc. All loan programs subject to borrowers meeting appropriate underwriting conditions. Information, rates and pricing are subject to change without prior notice at the sole discretion of PennyMac Loan Services, LLC. Some products may not be available in all states. For more information, review Pennymac's state licenses and important notices. Plano Parkway, Suites 150 and 300, Plano, TX 75075. Rhode Island Licensed Lender # 20092600LL, Loan Broker, and Third Party Loan Servicer. Licensed Mortgage Banker-NYS Department of Financial Services. Minnesota: This is not an offer to enter into an agreement and an offer may only be made pursuant to Minn. Massachusetts Mortgage Lender License # MC35953. Colorado office: 5500 South Quebec Street, Suite 260 Greenwood Village, CO 80111, (877) 215-2552. Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act. Dominic is also an avid Providence Friars and New York sports fan.Arizona Mortgage Banker License # 0911088. In his spare time, he enjoys playing hockey, boating, traveling, and trying new foods. Dominic is a dedicated member of both the Shoreline Connecticut Chamber of Commerce and the Greater New Haven Chamber of Commerce. He also obtained certificates in business and public administration. Following a productive 2022, Dominic was also named Total Mortgage's Rookie of the Year.ĭominic graduated Magna Cum Laude from Providence College and received a B.A. ![]() In just his first year of being a licensed mortgage banker, he helped over 25 families become homeowners totaling a closed loan volume of $9 million. His license spans several states where he is committed to assisting a wide range of clients with their home financing needs.ĭominic is a member of our results-driven shoreline Connecticut team that closed $80 million in 2020. He wasted no time and immediately became a licensed mortgage banker. ![]() Dominic DeMilo joined the mortgage industry at just 19 years old during his sophomore year of college.
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