Cameron Stephens’ Post

Having just celebrated two fulfilling years at Cameron Stephens I can say with conviction that it's been a privilege to learn, work and perform alongside the intelligent, growth-minded and driven individuals that make up this organization. Of the many great strengths of Cameron Stephens, two stand out to me the most: ambition, and self-reflection. Ambition is commonly strived for, but it takes a very specific culture to not only set bold targets, but also come together as a team to achieve them. Nothing at Cameron Stephens is done in isolation. Every member of the multiple teams that contribute to any given financing knows with clarity what needs to get done, when it needs to be done by, and deploys their considerable talent and grit to executing on that roadmap. It's one thing to set a high target and go back to business as usual. It's another to set a target, and see every team member to take ownership of that goal and align their role and expectations to deliver it. Self-reflection is rarely a term that is used in a commercial context but it's core to the success of Cameron Stephens. From day one, I noticed that every process or system in the company was constantly under consideration. Where a workflow was creating delays, or delivered a sub-optimal outcome, it was replaced or improved almost immediately by an improved concept. As organizations grow, frequently they become loyal to systems rather than ideals - almost always to their detriment. Cameron Stephens succeeded by being nimble, and by constantly self-optimizing. It's inspiring to continue to see teams and individuals both celebrate success and acknowledge inefficiencies in order to strive to improve themselves. Everyone at Cameron Stephens should be proud of the $12B in commitments since inception, and take a moment to consider the dedication and skill that it took to achieve that milestone. #cre #canada #economy #lending #commercialrealestate #milestone #cameronstephens #financing

Trimont Set to Become the Largest Commercial Loan Servicer in the U.S. with Wells Fargo Acquisition In a landmark deal set to reshape the commercial mortgage landscape, Trimont is poised to become the largest commercial loan servicer in the United States. This comes after the company announced its acquisition of a significant portion of Wells Fargo's loan servicing business. Wells Fargo, which led the commercial mortgage servicing industry in 2023 with a staggering $669 billion in managed debt, is selling its nonagency, third-party commercial mortgage servicing unit to Trimont. This acquisition is a game-changer for Trimont, propelling its U.S. loan servicing portfolio to $640 billion and giving it a commanding 11% share of the market. Globally, Trimont's reach will expand to $715 billion in serviced loans across 72 countries. Expected to close in early 2025, the deal will see Trimont taking over the servicing of approximately $475 billion in loans. Additionally, 710 Wells Fargo employees will transition to Trimont, nearly doubling its debt servicing team to over 1,100, with the majority based in Charlotte, North Carolina. Before this acquisition, Trimont managed 2,696 loans and real estate-owned properties, positioning it as a powerhouse in the industry. Trimont CEO Bill Sexton commented on the acquisition, stating, "Trimont is very strong in the nonbank lending sector. The division we're acquiring out of Wells Fargo is very focused on the capital markets and securitization market. Putting these two businesses together now, we think, positions our business really well for what is coming in this stage of the cycle." Wells Fargo is refocusing its efforts on more profitable sectors like loan origination and securitization. The bank has seen a significant increase in its Commercial Mortgage-Backed Securities (CMBS) issuances this year, jumping to $15.2 billion from $2.2 billion in 2023. Despite scaling back its $475 billion servicing portfolio, Wells Fargo faces a 5% rise in nonperforming assets, particularly in the office property sector. As $2 trillion in debt is set to mature over the next three years, Trimont, owned by Värde Partners, is strategically positioned to take advantage of the growing demand for loan services, especially in the CMBS and Collateralized Loan Obligation (CLO) markets. On the other hand, Wells Fargo's decision to narrow its focus on core businesses marks a significant shift from its previously dominant role in real estate lending. This draft should provide a comprehensive overview of the key developments and strategic shifts surrounding Trimont's acquisition and Wells Fargo's repositioning. #Moreshifting #CRE #CommercialRealEstate

Paradigm Mortgage Services, the mortgage, protection and compliance services proposition, has today (25th June 2024) announced the addition of specialist bridging lender, Scottish Bridging Loans, to its lender panel. From today, Paradigm member firms will have access to the comprehensive range of Scottish Bridging Loans’ products, which includes bespoke bridging loans tailored for various complex financial needs. Launched in January 2023, Scottish Bridging Loans offers extensive coverage across the entire country, including the Highlands and Islands, without any postcode restrictions. The lender specialises in first- and second-charge bridging loans for a maximum period of 12 months against residential and commercial assets, and also provides second-charge bridging loans against residential security for business purposes. Loan amounts range from £30k to £1m, with loans available up to 75% LTV and rates starting from 1% per month. Additionally, Scottish Bridging Loans offer second-charge loans up to 75% LTV, with a maximum term of 12 months, and can often issue indicative terms within the hour. Scottish Bridging Loans facilitate a variety of financial needs, including financing for residential and commercial assets, land with planning, purchases, light refurbishments, development exits, and buy-to-let investments. It is committed to delivering fast, flexible, and reliable lending solutions backed by a deep understanding of the Scottish property market. https://lnkd.in/dt5G_vY6

Why Vizzve Financial is Your Best Choice for Home Loans Why Vizzve Financial is Your Best Choice for Home Loans When it comes to achieving your dream of owning a home, choosing the right financial partner is just as important as picking the perfect property. At Vizzve Financial, we make your homeownership journey smooth, affordable, and stress-free. 1. Unbeatable Interest Rates Vizzve Financial offers competitive interest rates that reduce your overall loan burden. Our customized loan plans ensure you get the best deal tailored to your financial needs. 2. Flexible Repayment Options We understand that everyone’s financial situation is unique. That’s why we offer flexible repayment options, allowing you to choose a tenure that fits your budget and lifestyle. 3. Minimal Documentation Say goodbye to endless paperwork! With Vizzve Financial, we’ve simplified the process to make it hassle-free. Submit the essentials, and let us take care of the rest. 4. Fast Loan Approval Time is precious when buying a home. Our efficient loan approval process ensures that your dream home doesn’t slip away due to delays. 5. Transparent and Trustworthy At Vizzve Financial, transparency is our hallmark. There are no hidden charges or surprises—just honest and straightforward communication. Why Choose Vizzve Financial Over Others? Expert Guidance: Our experienced team will guide you through every step, ensuring a seamless experience. Personalized Service: We treat each customer as unique, offering tailored solutions to meet your specific needs. Trusted Reputation: Thousands of happy homeowners trust us with their dreams, and you can too! https://lnkd.in/gcVaijuK #HomeLoans #AffordableLoans #VizzveFinancial #DreamHome #LoanApproval #HomeFinancing #FlexibleRepayment #LoanExperts #FinancialSolutions #TransparentLoans

In the bustling world of real estate, having a trusted lending partner can transform your business. Mortgage brokers consistently turn to Lending Bee, and here's why: Swift Funding: Your Competitive Edge Time kills deals. With Lending Bee, you can secure funding for your clients in days, not weeks. Our quick approval process ensures that your clients can seize opportunities without delay, giving you a significant advantage in a competitive market. Fast funding means more closed deals and happier clients. Customized Loan Solutions Real estate transactions are never one-size-fits-all. At Lending Bee, we offer a variety of tailored financing solutions to meet the unique needs of each deal. Whether it's a fix-and-flip, rental property, or commercial project, our flexible loan options ensure your clients get the right funding with terms that work for them. This adaptability helps you serve more clients and close more deals. Rewarding Your Expertise We value the efforts of mortgage brokers. That’s why we offer generous referral fees, ensuring you earn more with each successful transaction. More closed deals mean higher earnings for you, creating a win-win situation for everyone involved. Cost-Effective Programs Cost efficiency is crucial for your clients. Our zero point programs and competitive interest rates provide significant savings, making our loans highly attractive. This cost-saving advantage enables you to close deals swiftly and efficiently, enhancing your reputation as a broker who delivers the best terms. Comprehensive Support Navigating the complexities of real estate financing can be challenging, but you're not alone. We are here to provide expert guidance and support throughout the entire process. With our industry insights and dedication to long-term relationships, you can rely on us as a trusted partner in all your real estate endeavors. In real estate, speed and reliability are everything. Partner with Lending Bee to ensure you're always a step ahead, closing deals quickly and efficiently. Let's work together to turn opportunities into successes.

Read our latest blog---List of Assumable Loans in San Francisco You’ve read the NY Times article about assumable mortgages or something similar. You’ve read that they were last popular so long ago that most real estate agents don’t even know about them. And that there are vast pools of assumable loans out there, and that maybe you can make your next home more affordable by scouring the records for assumable loans. https://lnkd.in/gA9UCbnN

Substantial Funding LLC Loan Offerings Empowering Your Financial Future Substantial Funding LLC is dedicated to providing comprehensive financial solutions tailored to meet the unique needs of businesses and individuals. We offer a range of mortgage and business loan options designed to support growth, expansion, and stability. Mortgage Loans Unlocking the Door to Homeownership Whether you're a first-time homebuyer, looking to upgrade, or seeking a refinance option, Substantial Funding LLC offers a variety of mortgage loan solutions to suit your specific requirements. Conventional Loans: Fixed-rate and adjustable-rate options for qualified borrowers. Jumbo Loans: Financing solutions for high-value properties exceeding conforming loan limits. FHA Loans: Government-backed loans with flexible qualification requirements. VA Loans: Mortgage options for eligible veterans and active-duty military personnel. Business Loans Fueling Business Growth and Success Substantial Funding LLC understands the financial challenges businesses face. We offer a range of business loan options to support your working capital needs, equipment purchases, expansion plans, and more. Term Loans: Fixed-rate loans with predictable repayment terms. SBA Loans: Government-backed loans with competitive rates and terms. Lines of Credit: Flexible access to funds for ongoing working capital needs. Equipment Financing: Financing options for purchasing or leasing essential business equipment. Why Choose Substantial Funding LLC? Personalized Service: Dedicated loan officers to guide you through the process. Competitive Rates: Access to a wide network of lenders to ensure competitive rates and terms. Flexible Solutions: Customized loan options to meet your unique needs and goals. Streamlined Process: Efficient application and approval process. Contact Us Substantial Funding LLC 14 Wall Street, 20th Floor New York, NY 10005 (844) 478-7788 Substantialfunding.com Let Substantial Funding LLC help you achieve your financial goals. Contact us today to discuss your mortgage or business loan needs and discover how we can empower your financial future.

A jumbo loan, also known as a jumbo mortgage, is a type of financing that exceeds the limits set by the Federal Housing Finance Agency (FHFA). Because they exceed the conforming loan limits, jumbo loans cannot be purchased, guaranteed, or securitized by Fannie Mae or Freddie Mac, the government-sponsored enterprises that buy most U.S. residential mortgages. Here are some key points about jumbo loans: 1. **Higher Loan Amounts:** Jumbo loans are used to finance luxury homes and properties in highly competitive real estate markets where property values exceed the conforming limits set by the FHFA. 2. **Eligibility Requirements:** Borrowers often need a larger down payment, typically 20% or more, and might have stricter credit score and income verification requirements compared to conforming loans. 3. **Higher Interest Rates:** Traditionally, jumbo loans have higher interest rates due to the increased risk to lenders. However, this may vary based on market conditions. 4. **No Conforming Guidelines:** Since they are not bound by the limitations set by Fannie Mae and Freddie Mac, lenders have more flexibility in setting terms for jumbo loans. 5. **No Standardized Insurance:** Unlike conforming loans, jumbo loans are not eligible for certain types of mortgage insurance, which may increase the risk to lenders. Overall, while jumbo loans make it possible to purchase high-value properties, they come with greater financial responsibility and risk.

Helping Our Client Achieve Their Dream Home with a VA Loan in the Bay Area 🇺🇸 Working in real estate in the Bay Area presents unique challenges, especially when it comes to securing VA loans. The high property prices and competitive market can make it particularly difficult for veterans to have their offers accepted. However, when our team met a deserving veteran who dreamt of owning a home in this beautiful region, we knew we had to rise to the occasion. The challenges we faced were significant. The Bay Area is one of the most competitive real estate markets in the country. With limited inventory and high demand, getting an offer accepted can be an uphill battle. Additionally, many sellers and their agents have misconceptions about VA loans, often thinking they are more cumbersome or risky compared to conventional loans. This can make sellers hesitant to accept offers that involve VA financing. Furthermore, VA loans require an appraisal process that ensures the home is safe and worth the loan amount. In a market with rapidly increasing home values, meeting the appraisal can be another hurdle. To overcome these challenges, we took the time to educate the seller’s agent about the benefits and reliability of VA loans. By debunking common myths and showcasing our client’s strong financial position, we were able to present a compelling case for our offer. We crafted a competitive offer, highlighting our client’s pre-approval, flexibility, and readiness to move quickly. Our team worked tirelessly to ensure all paperwork was in order, and we coordinated closely with the lender to expedite the appraisal and underwriting processes. This seamless coordination was crucial in presenting our client as the ideal buyer. With dedication, persistence, and a strategic approach, we successfully secured our client their dream home on the very FIRST offer! 🎉 Seeing the joy and relief on our client’s face was the ultimate reward for our efforts. It reaffirmed our commitment to serving those who have served our country, ensuring they have the opportunity to thrive in their own homes. Helping our veterans navigate the complexities of the Bay Area real estate market is both a privilege and a responsibility we take seriously. If you or someone you know is looking to use a VA loan to purchase a home, don’t hesitate to reach out. Our team is here to make your homeownership dreams a reality. - Gianna and Kaitlyn Sebastian