Professional Realty Consultants, LLC was licensed for business in 2005 by the Pennsylvania Real Estate Commission and is owned and operated by Laurence E. Ostrom (PA Lic.# RM423485). PRC is proud to be a member of the National and Pennsylvania Association of Realtors® and fully subscribes to its code of ethics. PRC is also a member of Bright MLS, the local multiple listing service covering Chester County, Delaware County, Lancaster County, Montgomery County, Bucks County, Berks County, Philadelphia County, and most of the Southern-Middle counties of Pennsylvania.

Laurence is also a licensed mortgage originator (NMLS ID#135687 broker) and owner of Professional Mortgage Consultants (PMC). PMC is a Pennsylvania Department of Banking and Securities licensed mortgage brokerage (Lic.#20481 & NMLS ID#111211). PMC is proud to be a member of the National and Pennsylvania Association of Mortgage Brokers and fully subscribes to its Code of Ethics and Best Lending Practices. PMC is also proud to be a member of AIME (Association of Independent Mortgage Experts).

Mission Statement

Professional Realty Consultants, LLC was founded upon the belief that the “One-Stop Shopping” concept for a real estate transaction is indeed a reality and is increasingly becoming more popular. “One-Stop Shopping” is a concept whereby a single company owns all, or is affiliated with, other real estate service providers (like a real estate sales company owning a mortgage company). This system, with the real estate agent as the focal point, is designed to make the selling and buying experience less stressful, simpler and easier for customers. Most “One-Stop Shopping” concept companies are large corporations staffed with thousands of employees. But, not only do their offices charge “broker service” or “conveyancing”fees (we do not), they do not refund the efficiencies gained from this concept to their customers (we do).

We have taken this one-stop shopping concept, one step further, to make the entire real estate transaction even easier and less expensive for you, our prospective customer, because one person can accommodate both your real estate and mortgage needs. This unique one person contact for both the real estate sales transaction and the mortgage transaction means less hassle for you, less duplication of effort, and direct access to the one person responsible for getting you to settlement, with no surprises.

Reduced redundancies, reduced bureaucracy, and a low operating overhead mean these savings can be passed along to you. One person contact also means the establishment of a better relationship and thus a more thorough understanding of your needs, for selling, finding and financing your new home. It’s about one-on-one, personalized, professional service. PRC’s mission: Better Service, Lower Cost.

About the Owner

Laurence graduated from Dickinson College (Carlisle, PA) with a B.A. in Economics. He also studied Economics at the University of Southampton, England. He shortly thereafter entered the mortgage business, working in the mortgage servicing department of Naples Federal Savings & Loan (Naples, FL). This two year exposure in the back-end of the business educated him about concepts that often aren’t understood by most mortgage originators nor real estate agents: property tax & hazard insurance escrow accounts, investor reporting, collection activities, foreclosure law, and most importantly, the understanding of the legal instruments (the actual mortgage and note) which all borrowers must sign at closing.

After two years and a promotion to track and coordinate the bank’s foreclosure activities, Laurence returned to southeastern Pennsylvania to enter the front-end of the business. Laurence became a loan officer with Sears Mortgage, one of the nation’s largest mortgage bankers at the time. There, he learned how mortgages were originated, but from a retail branch, mortgage banking point-of-view. At the time, this retail lending concept (customer dealing directly with a bank) was how mortgages were primarily originated. But the structure of this system led him to believe that real customer service was unobtainable. After all, the mortgage originators WORK for the lender, whose interest are often times not the customer’s. After learning and working within this system for two years, Laurence left to establish his own firm, Professional Mortgage Consultants, structured as a mortgage broker.

Service Record

Laurence is proud that for 28 years of owning Professional Mortgage Consultants, his referral rate has been consistently very high. In 2018, 100% of the loans that were closed were either previous customers or referred by previous customers. Additionally, not one mortgage application taken has ever been rejected -- a 100% approval rate! This attention to detail and a commitment to service means real service, not lip service. See Testimonials.

“The PRC Pledge”

- Honesty, hard-work, and attention to detail

- Very accurate closing cost quotes for both buyer & seller

- Mortgage-related closing costs quoted will be exact at closing

- Personalized, Professional, and Confidential Service