News

ROCHESTER, N.Y. - August 29, 2008 Security Mortgage Group is pleased to announce that a complex loan for an RV resort portfolio containing four campgrounds and 1,125 sites has closed. This $24,850,000 non-recourse loan for a returning client requires interest-only payments for the first 24 months...

ROCHESTER, N.Y. - August 27, 2008 Security Mortgage Group, a national award-winning Manufactured Housing Community broker, continues to assist many park owners across the nation, providing over $17,000,000 in mortgage financing for four MH Communities in the first half of August. Tower Terrace...

ROCHESTER, N.Y. - July 10, 2008 Security Mortgage Group is pleased to announce the mortgage fundings for a shopping center, apartment complex, and RV resort portfolio. The credit markets have not stabilized, and, although placing loans has become more difficult, Security Mortgage Group has closed...

ROCHESTER, N.Y. - May 15, 2008 Security Mortgage Group is pleased to announce the mortgage fundings for two manufactured housing communities and an RV resort portfolio. The credit markets have not stabilized, and, although placing loans has become more difficult, Security Mortgage Group has close...

ROCHESTER, N.Y. - March 31, 2008 Security Mortgage Group is pleased to announce mortgage funding for one apartment facility and three manufactured housing communities in Ohio, Kentucky, Iowa, and Texas. The properties contained a combined total of 893 sites and most of the loans contained an inte...

ROCHESTER, N.Y. - February 20, 2008 Security Mortgage Group is pleased to announce the loan closing for the acquisition of the Indiana Beach Amusement Park in Monticello, Indiana. Financing was secured in February of 2008 for the amusement and water park and also for Indiana Beach Camp Resort, Yo...

ROCHESTER, N.Y. - February 1, 2008 Security Mortgage Group is proud to announce that mortgage financing of $17.6 million on four properties was obtained in January of 2008. Despite the economic downturn and the resulting credit squeeze, we were able to locate funding for one apartment portfolio a...

ROCHESTER, N.Y. - December 31, 2007 Security Mortgage Group is proud to announce that mortgage financing of over $18 million on 7 parks was obtained at the end of 2007; over 1,100 sites were served. The mobile home parks are situated around the nation: Oregon, Wisconsin, Iowa, Illinois, and New Y...

ROCHESTER, N.Y. - September 1, 2007 Anthony and Gerry DiMarco closed over $71 million in mortgage financing for 18 properties while the subprime implosion was expanding. On August 24, funding totaling $38,000,000 was secured for a portfolio of 6 RV parks in Maine, Michigan, New Jersey, and New...

ROCHESTER, N.Y. - August 9, 2007 Security Mortgage Group is pleased to announce the mortgage closings for RV parks on both coasts. SMG has arranged financing for campgrounds in 14 states including New York, Florida, Texas, Wisconsin, Maine, and California in 2006 and 2007. Lake Bryant MH and R...

ROCHESTER, N.Y. - August 8, 2007 Security Mortgage is pleased to announce the following mortgage closings, which have brought savings and reduced interest rate risk to clients across the nation. Meridian Cherry MH Community secured $1,746,250 in refinancing on August 8, 2007. This community, l...

ROCHESTER, N.Y. - June 18, 2007 Security Mortgage Group is pleased to announce mobile home community loan closings in Illinois and Oklahoma. To date in 2007, SMG has provided financing for over 7,500 sites nationwide. Airway Mobile Home Park of Oaklawn, Illinois secured $8,250,000 in permanent...

ROCHESTER, N.Y. - June 12, 2007 Security Mortgage Group is pleased to announce the mortgage closings for RV parks on both coasts. SMG has arranged financing for campgrounds in 14 states including New York, Florida, Texas, Wisconsin, Maine, and California in 2006 and 2007. Wine Country RV Resor...

ROCHESTER, N.Y. - June 11, 2007 Financing totaling $4,450,000 was obtained for an Evansville, Indiana self storage portfolio. Pollack Avenue Mini Storage refinanced its 509 units. Eastland Storage and St. George Storage obtained acquisition financing for their 460 and 205-unit facilities, respect...

ROCHESTER, N.Y. - May 31, 2007 Security Mortgage Group is pleased to announce the mortgage closings for four mobile home communities in Texas and Kentucky. Financing for all four communities was structured with a 10 year term and a 30 year amortization schedule. Fiesta Mobile Home Park, a 275...

ROCHESTER, N.Y. - April 24, 2007 Homestead and Yarwood Mobile Home Parks in Radcliff, Kentucky secured $1,400,000 in refinancing at the end of March 2007. The 192-site community portfolio was closed through our small loan program with lender's closing costs capped at $6,000 and an advance rate lo...

ROCHESTER, N.Y. - March 23, 2007 Mortgage financing totaling $29,840,000 was secured for three separate RV Camping Resorts in February and March of 2007. An undisclosed RV Resort in New England closed on $19,000,000 in refinancing on February 9, 2007. On March 19 and 23, two undisclosed RV res...

ROCHESTER, N.Y. - March 20, 2007 Security Mortgage Group LLC is pleased to announce 37 community closings nationwide to date through its small loan programs. Besides making affordable financing available, our small loan program also caps lender's closing costs at $6,000; including lender's legal...

ROCHESTER, N.Y. - March 9, 2007 Anthony DiMarco, Managing Director of Security Mortgage Group, closed $24,825,000 in permanent mortgage financing in March 2007 for a 3-property portfolio owned by a returning client. An undisclosed Southern Ohio Manufactured Home Community acquired an A-note of...

ROCHESTER, N.Y. - February 1, 2007 Security Mortgage Group closed loans for 9 properties in January 2007 with the cumulative financing totaling $55 million. Acquisition financing for McClenathan Mobile Home Park of Fredonia, New York was secured on January 5, 2007 for a returning client. The loan...

ROCHESTER, N.Y. - December 1, 2006 Security Mortgage Group, a 3-time national award winning Manufactured Home Community lending broker, is pleased to announce the mortgage closings for several properties. Wilderness Park, located in Warren, PA recently closed on $1,212,000 in acquisition finan...

ROCHESTER, N.Y. - September 26, 2006 Gerard D. DiMarco, Jr. secured commercial mortgage financing totaling $53,650,000 for a 5-property RV park portfolio on September 26, 2006. The portfolio includes Wagon Wheel RV Resort of Maine, Lake George Family RV Resort of New York, Indian Creek RV Resort...

ROCHESTER, N.Y. - September 25, 2006 Security Mortgage Group, a 3-time national award-winning Manufactured Housing Community lending broker, is pleased to announce the mortgage closings for several MH communities. Mount Rock Manor of Shippensburg, PA recently acquired $1.8 million in refinanci...

ROCHESTER, N.Y. - September 10, 2006 Security Mortgage Group, a three time national award-winning MHCommunity lending broker, is pleased to announce the mortgage closings for several properties. Magnolia MH Community & RV Park recently acquired refinancing totaling $1,800,000 with a 10 year te...

ROCHESTER, N.Y. - August 8, 2006 Security Mortgage Group, three time winner of MHI's Community Lending Broker of the Year award, is pleased to announce the closing of a $77.5 million mortgage loan on 12 RV properties throughout the eastern United States. The properties were located in Florida, Ne...

ROCHESTER, N.Y. - August 1, 2006 Anthony and Gerry DiMarco of Security Mortgage Group, winners of MHI's Community Broker of the Year Award for 2004, 2005, and 2006, are pleased to announce the closings of 5 properties in July of 2006 in New Jersey, Ohio, New York, and Florida. Anthony DiMarco...

ROCHESTER, N.Y. - July 12, 2006 In Union City, New Jersey, acquisition financing of $425,650 was obtained for 714 22nd Street, an 8-unit apartment building. This loan had a 60-day advance rate lock option and lender's closing costs were capped at $3,500. On June 30, 2006, Gastonian Condos rece...

ROCHESTER, N.Y. - July 6, 2006 Security Mortgage Group is please to announce the closings of five small loans in June and the beginning of July 2006. These loans are very affordable, with lenders closing costs of only $5,500 for a MH community and $3,500 for an apartment building. Stonegate MH...

ROCHESTER, N.Y. - May 31, 2006 Anthony and Gerry DiMarco of Security Mortgage Group recently received MHI's Community Broker of the Year Award for 2006, given for the third year in a row in recognition of the tremendous resources they devote to the industry, bringing institutional capital to comm...

ROCHESTER, N.Y. (March 30, 2006) Security Mortgage Group offers clients a variety of loan options, tailoring its financing package to the unique needs of the community owner. Shepherd Mobile Estates, a 38-site community in Fisher, IL, closed on $315,000 in refinancing in March 2006 with closin...