Luxury Mortgage Blog

FOR IMMEDIATE RELEASE

Vail, CO November 1, 2007 — Luxury Mortgage Group, a direct lender based in Las Vegas, Nevada has opened a branch in Vail, Colorado to serve affluent borrowers that seek financing for luxury condominiums, condo-hotels, mixed use properties and luxury homes. The office is located at Riverwalk in nearby Edwards, CO and soon will have a grand opening party for VIP guests, clients and the public.

Luxury Mortgage Group has brought on Kevin Randel, a seasoned Vail Mortgage Planner to run the branch. With fifteen years of mortgage banking experience, Kevin has made an exceptional name for himself in the Vail valley. “Mr. Randel fits our branding perfectly,” says Jason Fox, President of Luxury Mortgage Group. “His long standing commitment to the finest level of jumbo mortgage services that our clientele has come to expect is directly in line with what we offer. By bringing on Mr. Randel, we have opened up an unprecedented number of additional opportunities for our Colorado clients. As the only direct lender to specifically focus on the financing of high-rise condos, condo-hotels and the most noble of luxury homes, we are proud to extend our offerings to the Vail valley and all of Colorado,” Fox said.

“As new multi-million and even billion dollar resort projects come to fruition in the core Vail area and lending guidelines continue to tighten, buyers need a true source of luxury financing that will remain committed to them. Large scale banks have historically made commitments to these jumbo borrowers but later pulled away when times are difficult for their bottom line,” says Don Fouts, Business Development Manager of Luxury Mortgage Group. “Because of Vail’s strong local economy and national tourism appeal, we are very bullish on the Vail real estate market. Savvy second home buyers and investors are purchasing resort condos and luxury homes and locking them in at today’s low interest rates. Borrowers can feel safe in knowing that Luxury Mortgage Group will stand by them during this difficult lending downturn and continue on with them for generations to come,” Fouts said.

“The culmination of our industry leading luxury finance programs coupled with Kevin Randel’s expertise will give Vail, Avon, Edwards, Beaver Creek, Gypsum, Eagle-Vail, Aspen and surrounding cities unprecedented and superior access to luxury home financing,” says Linda Wilson, VP / Director of Operations of Luxury Mortgage Group. “This endeavor was planned and executed with great care by our management team. We spent considerable time studying the demographics of the Vail valley and made sure that our offerings are superior to anything currently offered. We feel confident that borrowers unfamiliar with the Luxury Mortgage Group brand will quickly and easily see our superior offerings for what they are. We look forward to a long and beneficial relationship with all parties as well as giving back to the community,” Wilson said.

Luxury Mortgage Group, Founded by Luxury Financier, Jason Fox, is the only direct lender with a core niche focus of financing high rise condos, condo hotels and the most noble of luxury homes. Recognized by national press, media and peers alike as the leader in luxury finance, Luxury Mortgage Group continues to serve as the most exclusive financier in the world. While others diversify, we at Luxury Mortgage Group remain committed to what’s best.

Contact Information:

Jason Fox - President
Luxury Mortgage Group, LLC – Corporate Office - (702) 444-0400
101 Convention Center Drive, 10th Floor, Suite 1004, Las Vegas, NV 89109

Kevin Randel - Senior Mortgage Planner / Branch Manager
Luxury Mortgage Group, LLC - Vail Branch - (970) 343-3800
97 Main Street (at Riverwalk), 2nd Floor, Suite W-207, Edwards, Colorado 81632

Specific information can be found at:  Vail mortgage loans or Colorado mortgages.

http://www.HighRiseLoan.com – Highrise condo, condo-hotel and related finance information
http://www.LuxuryMortgageGroup.com – Corporate website featuring an online loan application
http://www.LuxuryMortgageBlog.com – provides useful, relevant & timely news aimed at affluent consumers interested in the super jumbo mortgage financing market.

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Tags: · Aspen · Avon · Beaver Creek · Eagle-Vail · Edwards · Gypsum · luxury finance · luxury mortgage · Vail Colorado ·
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