What We Do…

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Below is a comprehensive list of what we do and how we differentiate ourselves from other banks, broker’s and credit unions…Any questions, please contact us.

Residential Financing for Purchases and Refinances on 1 to 4 unit properties:

  1. First Time Buyer Programs that include CalHFA (0 Down Program when Available https://101loan.com/blog/calhfa-financing-zero-down-financing/), Home One (3% down (no limits on income or geographic location with Subsidized Rates), FHA at 3.5% Down up to $1,087m in loan on 1 unit to 4 unit up to $2,095m), VA at 0 down with no MI. USDA and 203k (Not used very often).
  2. All Non QM programs (DSCR, Bank Statement Programs, Stated Income Programs, Foreign National, No Income Verification, Hard Money (1st and 2nds)
  3. Every type of Bridge Financing (https://101loan.com/blog/category/bridge-financing/ )
  4. Jumbo Financing up to $3.5m at 20% Down (Most Retail Banks want 25% to 30% down)
  5. Real Preapprovals (https://101loan.com/blog/category/preapproval/)
  6. Access to over 60 Banks

Commercial & SBA Financing (to include Multifamily, Office, Retail and Light Industrial):

  1. Purchases, Refinances and Cash-Out with access to over 21 Lenders
  2. Hybrid Financing where the income of the property and the borrowers income is used (Most commercial banks don’t do this)
  3. Construction Financing for Owner User and Builders
  4. Unique Property Financing (Financed Silicon Valley Ferrari as example)

Reverse Mortgage Financing to include Conforming, Jumbo, HELOC Jumbo’s:

  1. HECM’s and Jumbos
  2. Smart 2nd’s (Propietary Fixed 2nd’s with No Payment)

Seminar Series for Consumers, Realtors and Other Power Partners

  1. We Offer Many (https://101loan.com/blog/seminars-at-101-loan/)

About 101 Loan:

  1. Over 300 “Five Star” Reviews on Yelp or at Google
  2. Over 30 years of lending experience.
  3. Have Closed over 2 Billion dollars in Loan Volume.

Happy to Discuss any of the above with you.  

Best Regards,

Rob McCarthy

Senior Mortgage Advisor

www.101Loan.com

650-465-8957 c  408-377-4123 o

CA DRE #01165697  NMLS #121019

101 Loan – 14435 C Big Basin Way, Saratoga, CA 95070

Products/Services/Accolades:

  1. Residential Financing for Purchases and Refinances on 1 to 4 unit properties.
  2. Reverse Mortgage Financing to include Conforming, Jumbo, HELOC Jumbo’s.
  3. Commercial & SBA Financing to include Multifamily, Office, Retail and Light Industrial.
  4. Access to over 50 banks with over 300 “Five Star” Reviews on Yelp, Google, Facebook and Linkedin.

How to Make a Strong Offer in Today’s Market

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Are you a Buyer that Keeps Getting Beat on Offers? 

Here is what we do to differentiate your offer over someone else’s, so the seller more often than not, accepts your offer:

  1. We pre-approve you, by running your credit, verifying your income via pay stubs and tax returns, confirm your assets with 2 months of bank statements and review your file to ensure there are no red flags so when you do make an offer, you make it with confidence knowing that 101 Loan has your back!
  2. We will strategize with you and your Realtor, to close in the quickest amount of time with the least amount of contingencies while keeping your risk as low as possible.
  3. At time of offer, we call the listing agent on behalf of you and your Realtor to differentiate your offer over someone else’s. (This makes the biggest difference in the eyes of the listing agent and seller)
  4. We close purchases in 30 days or less, depending on the loan program you choose.  Faster is better in the eyes of the seller!
  5. Our staff provides a timeline to you and your Realtor once you are locked; detailing each step of the transaction to ensure a smooth transaction.
  6. We ensure you know exactly what the loan will cost you once locked and then update you again on the amount needed to close, prior to signing the closing docs.
  7. Our staff will coordinate your sign-off with escrow and your agents to ensure your purchase closes on time as scheduled.
  8. We basically, “micro-manage” your purchase from start to finish to ensure everything goes as smoothly as possible.

Just watch the video, our buyer’s recently posted about their experience in working with us.  We were a team to get the job done in a timely manner while providing low rates, low fees and outstanding service.  See video at https://www.youtube.com/watch?v=vEhLPDd7sjA&feature=youtu.be.

In closing, if you are looking to purchase a property, contact the professionals at 101 Loan!

Best Regards,

Rob McCarthy

Senior Mortgage Advisor

www.101Loan.com

408-377-4123 o  650-465-8957 c   408-608-1921 f

101 Loan – 1601 S De Anza Blvd, Suite 260, Cupertino, CA 95014

CA DRE #01165697  NMLS #121019

Products/Services/Accolades:

  1. Residential Financing for Purchases and Refinances on 1 to 4 unit properties.
  2. Reverse Mortgage Financing to include Conforming, Jumbo, HELOC Jumbo’s.
  3. Commercial & SBA Financing to include Multifamily, Office, Retail and Light Industrial.
  4. Access to over 50 banks with over 200 “Five Star” Reviews on Yelp, Google, Facebook and Linkedin.

“A Stock Market Loss is Only a Loss if You Sell”

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A Stock Market Loss is Only a Loss if You Sell or so Financial Planners tell us!

For those in their 30’s, 40’s or 50’s, those age groups, should have time for the stock market to recover. However, for those much closer to retirement or retired, they may not be as fortunate!

As companies take huge losses with “Shelter in Place” and consumers are pulling back their purchases, analysts feel MORE stock losses are imminent.  The Federal Government stimulus will help in the short term, but longer-term, we are facing a new economic reality and one that we will not like.

If you’re in your 60’s, 70’s or 80’s, making back the market’s losses may only be a hope, and unfortunately not reality. The question to ask is…What are my options now that my fixed costs are the same, but my assets have taken a big hit?

We may have an answer for you. To learn more, please contact me or review the information on my site at https://101loan.com/reverse-mortgage-start/ .

Thank you.

Best Regards,

Rob McCarthy

Senior Mortgage Advisor

www.101Loan.com

408-377-4123 o 650-465-8957 c

101 Loan – 14435 C Big Basin Way, Saratoga, CA 95070

101 Loan LLC – CA DRE #01165697  NMLS #121019

“Over 200 “5 Star Reviews on Yelp and Over 30 years of Experience in Lending”

What We Do is Different!

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Some lenders provide great rates but lack service. Some lenders provide great service but lack good rates. At 101 Loan, we provide both but when it comes to making an offer on your behalf, we go the extra mile to ensure your offer is the strongest possible in the eyes of the seller. This includes the following and something most banks, brokers or credit unions don’t offer: Read more

Real Estate Education..

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In the last few months, we have been writing and teaching quite a few seminars at local libraries and local companies on the following topics: Read more