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Announcing... First Sterling Mortgage Services

Prudential Preferred Properties has partnered with Shelter Mortgage of Milwaukee, Wisconsin to provide in-house lending services under the brand name First Sterling Mortgage Services, LLC. Shelter Mortgage is a wholly-owned subsidiary of Guaranty Bank, a federally-chartered bank founded in 1923.

"Shelter Mortgage has been successfully managing Real Estate partnerships for many years," said Michael Pierson, President of Prudential Preferred Properties. "They complement our unique brand with their great lending products, world-class service, and the stability of a federally-chartered bank," added Chris Eigel, CEO of PPP.

Jay Skwierawski, a 29-year veteran of Shelter Mortgage, was named President of the new company. "Our blend of flexible mortgage products and high-touch customer service will be a good fit for Prudential Preferred Properties' clients," said Skwierawski. "We are thrilled about the opportunity to establish First Sterling Mortgage Services as a leader in the market," added Jill Belconis, President of Shelter Mortgage.