Meet Peter Dellane, a trusted and licensed professional who has earned a stellar five-star reputation. With 21 years of experience running his brokerage, he has maintained a flawless record without a single complaint. Peter’s expertise shines through as he brings clarity and certainty to customers at every step of the mortgage process. In fact, Realtors consider him their secret weapon.
Peter’s commitment to providing the best service starts with his pricing strategy. He keeps his margins as low as possible, allowing him to offer competitive rates in the wholesale market. By aligning himself with title companies and finding the path of least resistance, he ensures the least expensive route for his clients. In situations where another lender offers a slightly higher rate, Peter can match that rate and provide a wholesale credit towards closing costs. This advantage translates into significant savings, with buyers often receiving $3,000 to $5,000 less cash required to close on their dream homes.
As a broker, Peter has access to a vast network of over 50 different banks. If one bank’s policies or overlays hinder a loan application, Peter seamlessly transitions it to another lender. He consistently handles cases that other lenders are unable to close successfully, making him a go-to choice for challenging situations. Furthermore, Peter offers a range of mortgage products that are unavailable from retail lenders, including a Zero Down Option.
Peter’s dedication to his clients is evident in his personalized approach. Recently, when competing for a customer’s business, Peter shared his superior numbers with the client’s agent. Impressed by the difference Peter’s expertise made, the customer reached out to him directly, expressing gratitude for the assistance. They closed the deal with Peter because his numbers were far superior. This level of service sets Ability Mortgage Group apart from the competition, attracting top-tier Realtors who value the exceptional support Peter provides.
Part of Peter’s exceptional service includes a proprietary stay-in-touch system that keeps all parties informed throughout the transaction. In the event of any issues, Peter swiftly addresses them, getting everything back on track without delay. Surrounding himself with a team of professionals dedicated to helping others achieve homeownership, Peter listens attentively and gains knowledge by asking pertinent questions. This approach allows him to help clients organize and prepare, managing their expectations throughout the process. From the initial phone call to the final signing, Peter handles each application with speed, accuracy, and the care he would provide to a family member.
Clients continually return to Peter not only because of the high-quality service he delivers but also due to his ongoing communication. His co-branded marketing materials, featuring the Realtor’s picture and contact information alongside his own, are sent out regularly for five years after closing. Additionally, Peter proactively contacts his buyers quarterly, seeking referrals and redirecting them to the Realtors he collaborates with.
When he’s not working, Peter prioritizes spending time with his two boys. He enthusiastically supports their sports activities, often shuttling them and their friends in his SUV. Peter’s involvement extends to sponsoring their Little League team and Piranhas football team, with plans for even greater engagement in the future.
Looking ahead, Peter remains focused on delivering individualized service to every client and Realtor. As the “gold standard” among mortgage brokers, he is committed to upholding this distinction without difficulty.
Employment History:
August 1, 2002-present, Ability Mortgage Group, LLC Queenstown, Maryland- President
April 1, 2001- July 31, 2002, Coldwell Banker Residential Brokerage, Laurel, Maryland- Realtor
August 1, 2000-April 1, 2001, Upland Mortgage, Beltsville, Maryland- Loan Originator, promoted to Branch Manager
January 2000-July 2000, Resource One Mortgage, Harrisburg, Pennsylvania- Branch Manager. Job responsibilities included hiring, training and all aspects from application to post funding stipulations. (transferred from the Beltsville, MD branch to the Harrisburg, PA branch)
February 1997-December 1999, Resource One Mortgage, Beltsville, Maryland- Branch Manager. Job responsibilities included hiring, training and all aspects from loan application to post funding stipulations. Promoted from the Harrisburg, PA branch.
August 1996-February 1997, Resource One Mortgage, Harrisburg, Pennsylvania- Loan Officer
March 1996-July 1996, Avco Financial Services, Scranton, Pennsylvania- Account Representative/Sale of Consumer Loans
Education:
September 1987-June 1991, Clarion University, Clarion, Pennsylvania- BSBA concentration in finance
Military:
United States Coast Guard Reserves- Honorable discharge