Small state, deep local knowledge.
Delaware is a core market for us: Wilmington rehab, New Castle County rentals, and strong workforce-housing demand across Kent and Sussex. We know Delaware's rapid non-judicial foreclosure process, the Chancery Court nuances for LLC-held properties, and the beach-town rental math in Rehoboth, Lewes, and Dewey.
Both of our core products are available statewide to investors and entities (LLCs, corps, trusts). No owner-occupied loans.
Where Pimlico Capital has an active book and on-the-ground knowledge in Delaware.
Wilmington, Newark, Middletown, Bear. Rowhouse rehab and rental.
Dover, Smyrna, Milford: workforce rental and light rehab.
Rehoboth, Lewes, Milton, Georgetown, Seaford. STR and beach rentals.
A non-exhaustive list of the state- and city-specific things we deal with every day.
A national lender with a call center won't know that a Baltimore rowhouse needs a ground-rent redemption, or that Charleston STR zoning has three tiers. We've closed thousands of deals — and we've hit (and learned from) every local curveball.
Get a quote online or call us. We'll size the deal in 24 hours.
Our in-house team underwrites with local knowledge, not a scoring algorithm.
5–10 business days for bridge, 3–4 weeks for 30-year rental.