Brownstone Mortgage Capital Corp. Newsletter

Brownstone Mortgage

Capital Corporation

AUGUST 2011

Mortgage Broker Newsletter

Greetings!

As we head into the heat of summer, we have been getting busier. I would like to thank you for all of your inquires and submissions.

One of the issues that we consistently see is the decline in appraised value. Given all that has happened over the last several years, objectively you have to admit this is a natural occurance, albeit a frustrating one.

We would like to think that we excel in solving these types of appraised value loan situations. Given our motivation, our experience and our fexibility, don't hesitate to run a loan request by me that has appraised value issues. For example: we are in the midst of dealing with an existing commercial lender who wants to be paid off, a borrower who has extra cash and equity in other real properties and a Mortgage Broker who wants to close the deal and get paid. Add Brownstone to the equation and you have a loan situation that is solvable.

I always like hearing from you and I like to close loans for you even better.

I hope to hear from you soon so please feel free to contact me at.

1-800-547-1285 extension 109. If you prefer, email me.

Sincerely,

Henry Villasenor

Brownstone Mortgage

Capital Corporation

(800) 547-1285 Ext. 109

henry@brownstoneloans.com

Brownstone's featured "Book of the Month" Review for August 2011

Last month was our first featured book review. I hope some of you had a chance to read it.

This month's featured book is Our Lot: How Real Estate Came To Own Us by Alyssa Katz, published in 2009 by Bloomsbury.

She reviews in historical perspective the mortgage market and the influences and developments it has gone through.

Read my review of the book and even better yet, go out and buy it and read it. By understanding the mortgage market you will be able to better serve your borrowers and clients. How? Because you will be able to better communicate to them the trends of the mortgage market both past and future. And who knows, maybe you will be able to gleen an idea or a marketing plan from your readings.

In any event, after reading it, let me know what you think. If there are any other books that you have read or have heard about, let me know. I'm always looking for good reading material.

Have a nice summer and thank you for the years of support.

Alex Nackoul

Managing Director-CEO

alex@brownstoneloans.com

1-800-547-1285 x 105

To read featured article, click here

About Brownstone Mortgage Capital Corporation

We fund a variety of tough to finance commercial mortgages. We fund loans that are secured by properties that some people would describe as "old, odd and ugly." Our Subprime Mortgage Niche is as follows:

Commercial
Industrial
Apartments
Office & Retail
Mixed Use
Special Use
Churches
Automobile Related

CALIFORNIA CFL LICENSE N0. 603-8791

CALIFORNIA DRE LICENSE NO. 00874488

Special Offer for August 2011:

$500 cash

The first mortgage broker who submits a loan that we approve in the month of August and who closes it first will get $500 cash back. Everyone could use a little bit of money in today's new economy.

In This Issue