October 16, 2025
FOR IMMEDIATE RELEASE
October 2, 2025
Contact: Gerard D. DiMarco, Jr.
585-423-0230
SECURITY MORTGAGE GROUP Provides Financing of Over $101,000,000 in the 3rd Quarter 2025 on 14 assets Nationwide
ROCHESTER, N.Y. – Security Mortgage Group, a national award-winning MH Community lending broker, is pleased to have financed over $101,000,000 in the 3rd quarter of 2025 for numerous multifamily & commercial properties. The firm assisted in placing mortgages on assets including manufactured home communities, apartments, and commercial rental space across the country.
Anthony J. DiMarco, Managing Director, negotiated long-term fixed rate debt for a repeat client’s MHC portfolio in the Midwest. The $12,067,000 loan covered over 280 homesites and featured non-recourse interest-only payments. Anthony also assisted a repeat client with two separate non-recourse loans of $30,576,000 and $24,952,000 in Michigan and Texas respectively. The mortgages featured full-term interest-only payments with fixed rates of 4.86%.
Managing Director, Gerard D. DiMarco, Jr., helped secure non-recourse, long-term fixed-rate agency debt for a repeat client’s MHC portfolio in Western, New York. The 3 communities, with a $6,487,000 cash out refinance mortgage, included over 400 home sites. Gerry also assisted a repeat client with a competitive rate, no-prepayment penalty loan on a mixed-use apartment & commercial asset in Rochester, NY totaling $15,000,000. Finally, Gerry helped two separate repeat clients place $5,184,000 and $3,000,000 mortgages with long term fixed rate terms on their communities. The MHCs were located Florida and New Jersey and totaled over 240 home sites.
Pierce Redmond, Vice President, assisted three separate clients with refinancing terms for 4 MH communities across the Midwest. As a part of the small loan program, as well as Fannie Mae’s loan program, the loans totaled over $4,700,000 and featured flexible prepayment terms and 25-30 year amortizations. With minimum loan amounts as low as $500,000, the small balance loan program can assist clients with mortgages that many larger institutions decline.
Security Mortgage Group is a premier national lending source for Manufactured Home Communities and is a four-time recipient of the “Manufactured Home Community Lending Broker of the Year” award given by the Manufactured Housing Institute. Call us at 585-423-0230 anytime for specific questions on financing for your community.