Financing your East Bay Home Purchase
East Bay Modern Real Estate is proud to partner with Pinnacle Capital Mortgage, a highly respected and service-oriented mortgage bank with strong, local representation in the Bay Area and a wider array of loan products and investor channels than any of the major depository institutions.
Whether your home financing goals involve determining how much you can afford, loan preapproval, a purchase loan or refinance, contact Nicholas Ballard of Pinnacle Capital at 415-453-6200 for a free, no-pressure and no-obligation consultation regarding your real estate lending needs.
Call 415-453-6200 for a no-obligation consultation.
Pinnacle Capital Mortgage Corporation
About Pinnacle Capital Mortgage
Pinnacle Capital Mortgage Corporation was formed in 2008, in the wake of the housing and financial crisis that saw the unprecedented FDIC closure of several hundred banks. Although viewed by many as counter-intuitive, this initiative allowed Pinnacle to hire the brightest talent, and to start with a clean balance sheet that remains free of the legacy and buy-back issues still haunting many of the nation's largest banks. In just six years, Pinnacle has attained the rank of sixth largest privately held mortgage bank in the country, with over 1800 employees and one of the highest scoring quality and performance portfolios in the industry. In 2012 it funded over 29,000 loans with total production exceeding $7.6 billion.
Pinnacle Capital Mortgage is a local lender with a clear understanding of the Bay Area's dynamic housing marketplace. Its veteran staff is intimately familiar with local conditions and able to sort out complex issues and provide superior service. Pinnacle contracts with local vendors, including appraisers who know the area and how to address investor needs. Initial processing is handled in Marin County, where a dedicated staff prepares loan applications for quality submissions to underwriting at our Concord, California headquarters. Purchase and refinance loans take an average of just 26 days to fund. Purchases are managed at greater speed and to help clients secure winning purchase bids, Pinnacle provides its Offer Advantage guarantee to pay sellers $100 per day if it delays the agreed upon closing date.
As a mortgage bank, Pinnacle offers a wider array of loan products and investor channels than any of the major depository institutions. Likewise, Pinnacle has fewer "investor overlays" or added guideline requirements, and therefore provides borrowers with greater latitude to work through a variety of loan scenarios. Instead of putting aside hundreds of millions of dollars to deal with bad loan buy-backs and ongoing litigation, Pinnacle has been directing its capital toward aggressive pricing and performance. It offers the full choice of jumbo, FHA, VA, and conventional conforming loan products and also sell loans directly to Fannie Mae, Freddie Mac, and Ginnie Mae. Pinnacle is a direct mortgage lender, funding loans with its own money and maintaining servicing rights to a portfolio exceeding $4 billion.
Pinnacle Capital Mortgage Corporation, an Equal Housing Lender. NMLS 81395. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act.