Patriot Lending Services

To Jumbo or Not to Jumbo?
Jill is an established healthcare leader who relocated to the Fox Chapel area of Pittsburgh for a new career opportunity. After two years in temporary housing, Jill found her dream home listed in the $600ks, and she was referred to Lori by her realtor for her home mortgage. The traditional solution for Jill’s mortgage is a jumbo loan. Lori provided Jill an alternative loan structure which ultimately saved Jill $278 per month on her mortgage payment.

Non warrantable? No problem!
A local Pittsburgh resident and business executive, Helen, was looking to downsize to a $1.1MM condo in downtown. Her realtor explained that the condo was non-warrantable, and therefore, she needed a private lender. Helen worked with Lori on three prior residential loans, and she was aware Lori could provide solutions the mainstream lenders cannot. She worked with Lori to secure an adjustable rate loan, which she will be refinancing through Lori now that interest rates have come down.

Myth Busters: Student Debt, Credit Scores, and First Time Home Buying
Mark is a digital marketing coordinator who graduated with his bachelor’s degree five years ago. He was renting on the South Side with friends and working on the north shore. He’d been researching the first-time home buying process for over a year and felt frustrated by the conflicting information he was getting on the internet. He was also starting to believe his credit score and student loan debt were barriers to his home buying potential. His family friend referred him to Lori, who took the time to explain to Mark how he could increase his credit score. In addition, she educated Mark on the different loan solutions that could work with his student debt. Using Lori’s advice, Mark increased his credit score within 90-days, and secured a loan through Lori for his first home.

Florida is Nice in the Winter with No Mortgage
A husband and wife, Jerome and Angela, were looking to buy a second home in Florida. They were referred to Lori for a previous home purchase by their attorney, so they reached out to Lori again for this purchase. Lori looked at the remaining equity on their primary residence in Pittsburgh and recommended a solution that allowed them to save substantially on the closing costs and intangible tax of their Florida purchase. Lori executed the deal, and they currently spend five months of the year enjoying their new Florida house, while calling Pittsburgh home.

Recent Reviews

Lori Altrudo has assisted our financial advisors and their clients who need mortgages, new and refinancing. She has always done so with timeliness, accuracy and attention to detail all while maintaining a good interpersonal relationship with our clients. - Robert Fragasso, CFP April 2021

Lori has helped me on numerous occasions and every time she has made the process easier and easier. She’s very knowledgeable and her response time is quick! I highly recommend her. - Stephanie Poknis April 2021