Brownstone Mortgage

Capital Corporation

  

JULY 2011

Note Broker Newsletter

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It is ironic that in a previous Brownstone Mortgage Newsletter we wrote about buying junk yard mortgage loans. As fate would have it, we have just approved a Mortgage Note Purchase on a junk yard! I guess you do get what you wish for. Please send us more junk yard loans. We love them!

 

In today's challenging lending environment, getting the money for your client is priority #1. I hear this is the toughest problem for Brokers. Well, as I have previously written, I'm here to listen, to help and to buy your client's loans.

 

By the way, I'm from the old school in that I love to hear from Brokers. Even if you just want to run something by me, please call me. I return all my phone calls. Of course I email but I do like and prefer the human voice contact.

  

I hope to hear from you soon so please feel free to contact me at 1-800-547-1285 extension 109.

  
  
  Henry
  
  
Sincerely,.
Henry Villasenor
Brownstone Mortgage
Capital Corporation
(800) 547-1285 Ext. 109
 
    
  


 

Brownstone's featured "Book of the Month" Review

 

 

Beginning this month, we are going to review a financial book that we think may be of benefit to you. There are so many educational books out there that are instructive and informative in a positive sense. Let's face it. The Mortgage community has been under great criticism lately, some justified, some not. Rather than be bitter about it, we think the better approach is to rise above it by being more professional and more knowledgeable.

 

To that end, we will review a book each month. This month, we are reviewing a Michael Lewis book that he wrote in 2010 entitled The Big Short. I find Michael Lewis' books to be well researched and a relatively easy read. He incorporates humor with personal stories of real life people.

 

If you have a book that you would like to recommend to us, please send me an email or call me. I think the more knowledgeable we become in the financial services industry, of which the mortgage industry is a part, the better we are as professionals and the better our borrowers and clients are served.

 

Also, if you do go out and read Michael Lewis' book, I would like to hear what you think of it.

 

Have a good summer and enjoy. Life is short. 

 

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 To read featured article, click here  

 

 

Special Offer for JULY 2011:

Free setof 1959 Cadillac Caps or $500 cash.

  

The first mortgage broker who submits a loan that we approve in the month of July and who closes it first will get a choice of a set of used 1959 Cadillac Hub Caps or $500 cash. Either way, the loan must close within 3 months of our loan approval.

 

Let's hear from you Cadillac Lovers!

  

Brownstone Mortgage Capital Corporation

 

We buy Mortgage Notes secured by the following real property:
  • Commercial
  • Industrial
  • Apartments
  • Office & Retail
  • Mixed Use
  • Special Use

 

CALIFORNIA CFL LICENSE N0. 603-8791

CALIFORNIA DRE LICENSE NO. 00874488

  

 

 

In This Issue
Featured Article
Special Offer
Glossary

Visit our website:

www.brownstoneloans.com 

  

Glossary of Terms

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If you are new to commercial mortgage note brokering, you may want to look at our Glossary of Terms. We have defined a number of key words and phrases that are commonly used in commercial mortgages. This will help you become familiar with the process and procedures.
  
Click here GLOSSARY to review our Glossary of Terms. Call us with any questions.

 


Portfolio Commercial Lender


We fund and service all of our mortgage loans without exception. Our loan portfolio has a $100 Million capacity.  

  

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www.brownstoneloans.com 

2700 North Main St. / Suite 508 / Santa Ana / CA / 92705 / 800-547-1285 / Fax 714-547-1555