Welcome

Richmond Mortgage Inc. originates commercial mortgages secured by 1st Deed of Trust on single family houses, land loans, apartment buildings, and commercial properties. Our borrowers are Rehabbers, Foreclosure Buyers, Property Investors, and Builders.

Richmond Mortgage, Inc. originated and serviced this 3 bedroom, 2.5 bath single family home in the Cary Town area. The construction loan total was $112,000.00. The loan was secured by 1st Deed of Trust. An investor funding a similar loan would earn 11% A.P.R. on the loan balance of $112,000.00. The builder purchased the lot and Richmond Mortgage, Inc. funded the construction. All loans are 80% loan to value or better.

$112,000 loan, Home sold for $295,000

Chesterfield 3 br / 2 bath

$136,000 loan, home sold for $195,000

Phone: 804-249-2887

Questions or comments? Get in touch with us at:
Richmond Mortgage, Inc.
PO Box 6784
1650 Willow Lawn Drive, Suite 201
Richmond, VA 23230

mikekrumbein@yahoo.com

Hours: 9-5 PM Monday - Friday

Earn 11% Interest A.P.R.

Investors can earn up to 11% APR. Investors own the mortgage in their name. Short term loans are 6-12 months. Richmond Mortgage, Inc. originates and services the loans. Mike Krumbein invests his money with yours in each loan.







Minimum loan is $100,000.00







Contact: President-Mike Krumbein, 804-240-9314 if you are interested in investing with me in single family home mortgages in the Richmond area.