The group that is currently Meridian Residential Capital, LLC D/B/A First Meridian Mortgage, began its formation in 1991 as a mortgage broker. Located in Brooklyn New York, the company experienced great success in establishing relationships with individual borrowers. The company comprised of a hand full of loan officers built its reputation one loan at a time. With little or no advertising budget, Meridian began to generate significant volume from an unsurpassed referral base. The company’s greatest achievement is in the high end of the market. Our foothold in areas such as Lower Manhattan, Down Town Brooklyn, Nassau County, South Florida and Westchester began to blossom and the target of the company became the high end loans.
As the Company grew in size and volume the natural progression required that Meridian apply for a lender license. In April of 2002, Meridian Residential Capital, LLC was formed in order to fulfill its objective of becoming a mortgage banker. Currently, Meridian is licensed as a mortgage lender in thirteen states. In addition, First Meridian is HUD approved.
Together with his staff, Meridian’s Managing Member, David Brecher, has established himself as one of the premier mortgage lenders on the East Coast, and one of the fastest growing mortgage lenders in the U.S. Meridian abides by its core values and philosophy of gaining market share while establishing a reputation of providing the best service, low rates and highest level of integrity.