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Donald Trump, Mortgage Broker


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March 15, 2006

Donald Trump, Mortgage Broker

Peter Coy

You walk into the mortgage broker's office hoping to cadge a cheap loan and who stands up to shake your hand? Donald Trump!

Well, it might not work out quite that way. But it's true that Donald Trump is starting to go public about a new mortgage brokerage he's starting up, the Wall Street-headquartered Trump Mortgage LLC.

Characteristically, the website is chock-full of quotations from The Donald, such as this one from the home page:

"From my standpoint, it's tangible; it's solid; it's beautiful; it's artistic. I just love real estate."

According to the website, Trump Mortgage will broker residential and commercial mortgages and home-equity loans. But according to a recent article in Commercial Property News, it seems that a lot of the initial energy is going into complex property-development projects, including a big resort development in Vietnam.

Trump knows a lot about mortgages, not to mention the difficulties of paying them off.

Thanks to my plugged-in colleague in Atlanta, Brian Grow, for pointing out Trump's latest venture.

09:51 AM

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If nothing else you have to respect his deep well of energy and enthusiasm.

Posted by: Mr. Condo at March 16, 2006 07:18 PM

Looking to remortage a condominium floor in Manhattan, which is leased to a secure organization.

Where do I find Commercial mortgage rates?

Posted by: George Langer at April 2, 2006 08:24 PM

I would like to work there.

Posted by: Terrence Alexander at May 16, 2006 10:19 AM


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