A Lender Positioned Between A Paper and Hard Money

Do you have transactions in California that make sense but are tough to place through institutional lenders, and deserve better than most hard money terms? Montecito Financial is a lender that you may want to consider contacting.

high interest rates

In addition to my business as a mortgage broker, I am representing this product on a wholesale basis through mortgage brokers who are licensed in California.

California map

Here are some of the features of the product we are offering:

  • Loan amounts to $8 million and more by exception
  • unlimited cash-out
  • 75% max loan to value
  • primary residence, vacation homes, investment property, and commercial property
  • full documentation or stated income
  • rate reductions for <45% LTV, full documentation, and 720+ scores 
Now in September, 2009 there are strong transactions that are not being done by institutional lenders because part of the file is outside their box. As an alternative to hard money, Montecito Financial is filling this niche by funding deals that make sense.

 

Do you need help making an effective financial decision? Call or text me at (650) 222-0386, or e-mail me.

 
 

 

 

 

 

 

      

 

 Opes Advisors is licensed by the CA Department of Business Oversight 4150089, CA Bureau of Real Estate 01458652, Oregon ML -4902, Washington CL-1178435 and NMLS 235584. Equal Opportunity Lender. Opes Advisors is a registered investment advisor with the Securities and Exchange Commission (SEC). ©2014 Opes Advisors, Inc. All rights reserved.              

Phil Caulfield
411 Borel Avenue #320
San Mateo
CA
94010

(650) 222-0386

View Phil Caulfield's profile on LinkedIn

Comment balloon 0 commentsPhil Caulfield • September 04 2009 05:27PM
A Lender Positioned Between A Paper and Hard Money
share
Do you have transactions in California that make sense but are tough to place through institutional lenders, and deserve better than most hard money terms? Montecito Financial is a lender that you may want to consider contacting. In… more
Jumbo Loan San Mateo CA
share
Are you looking for a jumbo loan in San Mateo CA I can help you. As a mortgage broker in Burlingame (right next door to San Mateo), I am able to match you with the best jumbo loan for your needs because we are partners with many of the best… more
Burlingame Networking Group
share
A Burlingame business networking group was recently formed in June, 2009. It is under the auspices of BNI the largest business networking group in the world. The goal of this group is to pass referrals to business owners that we know, like, and… more
Are You Interested In Homes For Sale In Burlingame?
share
Are you looking at homes for sale in Burlingame Burlingame is a very desirable area to live. Here are some tips for you if you are planning on financing with a loan the purchase of one of the Burlingame homes for sale Although many… more
Construction Loan in Los Angeles, CA
share
Are you looking for a construction loan in the Los Angeles California area? Well, it has not been easy to find funding for a construction loan lately, but there are some sources starting to make funds available. If this is the first time… more
Construction Loan in California
share
Are you looking for a construction loan in California Well, it has not been easy to find funding for a construction loan lately, but there are some sources starting to make funds available. If this is the first time you have looked… more
Are Upfront Mortgage Brokers Irrelevant?
share
I read a blog post today on Cyberhomes blog (an excellent website and blog, by the way). It's latest post is titled "Searching For Good Mortgage Brokers" . In the post, the author writes, "For people who worry about finding a… more
Insurance Agent In San Mateo, CA
share
Are you looking for an insurance agent in San Mateo, CA Well, you need to meet Kelly Corwell. Kelly is an energetic insurance agent who takes the time to educate her clients about risk, and how insurance will provide her client's peace of mind… more
San Carlos, CA Home For Sale Devonshire Canyon 407 Devonshire Blvd…
share
price: $1, 950, 000 MLS#/ListingId: 80934264 Property Type: Single Family Square Feet: 2, 930 sqft Year Built: 1958 This San Carlos, CA home for sale in Devonshire Canyon sits on an oak studded 1. 17 acre parcel at the… more
Are you looking for a Burlingame mortgage?
share
If you are looking for a Burlingame mortgage I can help you. I have been originating loans since 1985. Our company, RMC Real Estate Loans is located in the heart of downtown Burlingame, on Burlingame Avenue, which will make it convenient for you… more