Pennsylvania mortgage company becomes the only licensed mortgage broker in Puerto Rico.

PRESS RELEASE

State College, PA – March 19, 2020

Keystone Alliance Mortgage, a leading Pennsylvania based mortgage broker, continues its growth by becoming licensed in Puerto Rico. Keystone Alliance Mortgage will bring to the island’s residents the best mortgage products on the market for buying and refinancing homes.

The housing market is still a bit unsettled from the magnitude 6.4 earthquake that rattled the island back in January. Despite the fragile housing market it caused, the demand for new home purchases is on the rise. “The residents of Puerto Rico were hit tremendously hard because the earthquake damaged or completely destroyed homes.” said Andres J. Munar, Co-founder of Keystone Alliance Mortgage and current resident. “Until now, home financing options available for those seeking to buy new or rebuild were limited but we are certain we can change that and provide them more.”

Recovery efforts, with help from the U.S. Department of Housing and Urban Development (HUD), began in February when they released $8.2 billion in aid to Puerto Rico. $2.85 billion has been allocated for housing. Some of the money will be made available to homebuyers in the form of down payment and closing cost assistance. “The release of these funds is essential to helping the residents rebuild their homes and their lives,” said Megan Marsh, Co-founder of Keystone Alliance Mortgage, “The assistance HUD is providing will make it much more possible for many to afford new homes.”

“We’ve built Keystone Alliance Mortgage with the idea that our goal is to serve others,” said Andres, “If there was ever a time to really put that on display and show it the time is now and we know our customer service combined with our products we can really help a lot of deserving people.”

About Keystone Alliance Mortgage

Keystone Alliance Mortgage is a privately owned mortgage broker company in Pennsylvania with offices in Erie, Meadville, Bedford, Harrisburg, Puerto Rico and their home office in State College. Keystone Alliance Mortgage is a mortgage broker that offers a multitude of mortgage loan types that include FHA, VA, USDA, various Conventional loans, home renovations mortgages, and investment mortgages. Keystone Alliance Mortgage’s sister division, Keystone Alliance Capital, provides both small and large business loans for industries that include commercial investment real estate, franchise funding, business expansion, and commercial construction. For more information about Keystone Alliance Mortgage visit www.keystonealliancemortgage.com.

 

Media Contact

Eric Varner
Marketing Director
Keystone Alliance Mortgage

814-414-3508
eric@keystonealliancemortgage.com