About JRM Funding LLC
JRM Funding LLC provides private real estate-secured lending solutions for borrowers whose timing, collateral, project type, or financing needs may fall outside the traditional lending process.
Private Real Estate Lending Built Around Practical Solutions
JRM Funding LLC was formed to provide specialty real estate and business loan products, commercial loan brokerage, and credit solutions throughout the Washington, D.C. metropolitan area, including Maryland, Virginia, and Washington, D.C.
In the current regulatory environment, banks and traditional home loan lenders are often unable to provide funding in a timely manner, or at all, due to significant internal and regulatory restrictions. JRM Funding helps meet this need by providing private funds for borrowers whose loan requests fall outside the regulatory guidelines imposed by federal banking regulators and federal GSEs, including FNMA, Freddie Mac, FHA, and VA programs.
JRM Funding is also able to move quickly to fund requests where time is of the essence.
Designations
- Licensed Virginia mortgage loan originator (MLO)
- Licensed Virginia real estate agent (“Inactive”)
- Graduate of the Virginia Bankers Association’s Formal Commercial Credit Training Program
Mr. Musseman has more than 20 years’ banking and lending experience in the DC metro area. He has provided credit solutions to DC-area business and consumer customers in roles at national and local banks including PNC Bank and Freedom Bank, and most recently as a Senior Commercial Real Estate lender with a local community bank. He also served in business development at Verisign (formerly Network Solutions) and as a software developer at The Institute for Defense Analyses, a Federal government think tank.
Prior to founding JRMFunding LLC, Mr. Musseman served as the President and CEO of Potomac Mortgage Capital, a local residential mortgage company that he grew into a five-state mortgage banking firm generating more than $200 million in annual loan volume before its sale in 2010.
Musseman is a strong advocate of applying “FinTech” or financial technology to streamline operations and processes, and stays abreast of the latest banking and payment systems innovations to make it easier for customers and referral sources to interact and close transactions with JRM Funding. In the late 1990s he created an Internet B2B platform linking mortgage brokers to large wholesale lenders. He is familiar with current FinTech initiatives within the banking space, including Dwolla, Yodlee, Plaid, Bitcoin/Alt-currencies, and emerging Banking APIs.
Prior to his career in banking and lending, Musseman served five years as a Naval Officer and Staff Officer with the U.S. Navy, stationed in Europe, Hawaii, and Japan. He received his BS from the U.S. Naval Academy in 1990 and an MBA from Emory University in 1997. He resides in Great Falls, Virginia with his wife and two children, and is a Patron of the Classical Ballet Theatre of Herndon.
In the current regulatory environment, banks and traditional home loan lenders are often unable to provide loan funding due to significant internal and regulatory restrictions. What we do is provide private funds to meet the needs of borrowers whose loan request falls outside the regulatory box defined by federal banking regulators and federal GSEs (FNMA/Freddie Mac, FHA, VA, etc.)
Helping Referral Sources Solve Real Estate Financing Challenges
Some of the strongest referrals come from traditional residential mortgage loan officers, community bankers, and successful local Realtors. JRM Funding helps these professionals offer alternative solutions when time is of the essence or when quality loan requests fall outside institutional lending guidelines.
The goal is to approach each client, understand their unique circumstances, and provide fast, creative funding solutions when there is a practical fit.
Flexible Short-Term Lending
JRM Funding offers short-term real estate-secured lending options designed around the borrower’s property, collateral, project details, and repayment plan.
No prepayment penalties. Borrowers may pay off their loan at any time, subject to the applicable loan documents and terms.
How JRM Funding Reviews Loan Requests
Property & Collateral
Loan requests are evaluated in relation to the real estate collateral and available property information.
Borrower Profile
Borrower experience, ownership structure, financial background, and repayment plan may be reviewed.
Project Details
The purpose of the loan, project scope, requested amount, and timing are considered.
Exit Strategy
The expected repayment path or exit strategy is an important part of the review process.
A Different Path from Traditional Lending
Traditional lenders may not always be the right fit for time-sensitive real estate transactions, construction or renovation needs, bridge situations, or borrower circumstances that require a more flexible review. JRM Funding evaluates real estate-secured loan requests individually and focuses on practical, collateral-aware lending solutions.
Important Lending Notice
Submitting information or discussing a loan request does not guarantee approval, funding, or any specific terms. All loan requests are subject to review, underwriting, collateral evaluation, documentation, and applicable requirements.
Have a Property or Project to Discuss?
Contact JRM Funding to begin a conversation about your financing needs.