A Mortgage Banker/Direct Lender -provides the client with the widest range of loan packages to meet your specific needs. A mortgage bankers is different than a mortgage broker - Mortgage Bankers have access to a variety of loan packages. Mortgage Bankers can obtain loans from several sources i.e. brokers, banks, and many can fund their own loans through their lines of credit. A mortgage banker can pre approve you so that you have a loan ready to go. This puts you in a better negotiating position when you make an offer on a home. This is particularly important in a multiple offer situation so talk to me about the strategizing to win in the offer process. Bottom line, there are many loan packages available today so speak to a qualifed professional.
The Difference Between Pre-Qualification and Pre-Approval
Pre-approval is a written documentation that proves the borrower has full support of a lender. It means the form 1003 Uniform Residential Loan Application has been completed and reviewed by an underwriter. Based on the borrower's income, debt ratio and savings, the underwriter will provide a dollar amount this borrower is eligible for. Now the borrower has the convenience of shopping for a home in the price range agreed upon by the lender.
Pre-approval allows potential homeowners to shop as cash buyers, and that means negotiating power. Sellers will take an offer from a pre-approved shopper much more seriously and may even accept a lower bid because they know the financing is in place and the deal is secure. Per Ryan Buckholdt, Opes Advisors below.
There are other city programs as well.
1031 Exchanges are popular with investors - exchanging from one rental property into another.
Contact me for details on Exchange companies and investment property.
Sellers & Buyers - Rates are still at historic lows - Refer me for Selling or Buying Residential, Multi-Residential, Investments/Exchanges, Condos/Townhomes, Mobil Homes, Distressed Sales.
Forrest Cambell, Mortgage Banker
Monterey Bay Mortgage
831-419-1723 or 831-462-8811
2601 41st Ave., Soquel, CA
I do have great success with MCC for First Time Buyers and renovation loans. Additionally, we have great Jumbo products and a new Jumbo VA program which is pretty spectacular.
Opes Advisors- Ryan Buckholdt, Mortgage Banker/Direct Lender/Commercial Loans
(831)600-1590 or (831)818-2339
Peter Gaeckle, Commerce Mortgage- Mortgage Banker
OnQ Financial - Mark Junod, Mortgage Banker
Mark Junod, Mortgage Banker
Mortgage Banker/Direct Lender
(831) 661-0720 or (831)332-0720
US BANK- Choices: Dave De Teso or Sylvia Fields
Sylvia Fields, Mortgage Loan Originator
Mortgage Loan Officer NMLS#453626
Santa Cruz County Bank Doug Fischer Construction, Commercial Real Estate,Bridge Loans
720 Front St., Santa Cruz, CA 95060
Office: 831-457-5003 X2149
Business Lending Company,
Consumer Lending,SBA Loans, Construction & Commercial Real Estate Lending Community
Direct: (831) 419-4149
Bay Federal Credit Union
Modular/Mobile Homes, & Residential Loans
Other Modular & Mobil Home Lenders Specific:
Call or Text 831-818-1739 - ask Kelley
* Please let the lenders know that I referred you so they can better assist you. I have contacts with other professional lenders depending on what your purchase needs may be. Please contact me so I can guide you.
Santa Cruz, CA 95060
Karen Talbot, Escrow Officer
First American Title
Michelle Pappas, Escrow Officer
Soquel, Ave, Santa Cruz, CA 95060
Old Republic Title Company, Capitola, CA
2121 41st Avenue, Suite 111
Capitola, CA 95010
Phone: (831) 462-0770
Jeff Atkinson Construction
Jeff Williams Construction
Dave Arronovici at 4 Seasons
(831) 247-3707 or (831) 600-8546
(831) 818-8955 or (831) 464-3922
(831) 442-9230 or (831) 320-7642
O2 Termite: Bob
(831) 359-4627 or (831) 440-8742
Alameda Roofing(Dennis) (831) 476-2161
Ron Hammer & Sons (831) 469-4366
Simon Ray Electric (530) 386-3940
John Crow Hardwood Floors: 831-459-7363
Diaz Hardwood Floors 831-476-4092
Call Kelley for more contractor referrals!
Butano Geotechnical Engineering, Inc.
231 Green Valley Road, Suite E
Freedom, CA 95019
Real Estate Trusts: Mitchell Jackman: (831) 429-0181
Kendall Potter Property Management
CIF Property Management
Mint Condition Staging by Paige
Limelight Staging/ Sarah Mead:
Life With Design
PH/Fax: (831) 854-2172
Cell: (831) 818-4035
Call/Text/Email for more Contractor Contacts: