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NEW YORK CITY-Trump Mortgage, LLC has acquired additional state mortgage licenses, bringing its total to cover more than 25 states. The firm is a specialized mortgage company that facilitates provision of capital, credit and advisory services to a diverse audience of potential homeowners and commercial real estate concerns.
Founded by developer Donald Trump, the company is headed by E.J. Ridings. The company is headquartered in New York City and expanding rapidly enough to open satellite offices on a national basis.
"It started out that we were going to be more residential, but, dollar volume-wise, we are heavier commercially right now. Eventually we would like to see the two sides overlap," Ridings tells GlobeSt.com. He adds that in units, the company is about two-thirds residential and one-third commercial, but dollar-wise it's about 75% commercial.
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