First California Mortgage

First California Mortgage Company
Private
Industry Finance
Founded 1977
Founder Dennis Hart
Headquarters Petaluma, CA, U.S.
Area served
 United States
Key people
 Christopher K. Hart, President
Brandon Case, Executive Vice President, Capital Markets
David Heier, Chief Financial Officer
Joe McKone , Executive Vice President, National Production
Howard Sackson, Chief Information Officer
Products Financial services
Number of employees
 350+
Divisions Wholesale, Retail, Consumer Direct
Website www.firstcal.net/

First California Mortgage Company (First Cal) is a mortgage lender based in Petaluma, California,[1] with branches in Tempe, Arizona, Novato, California, Westlake Village, California, Greenwood Village, Colorado, Steamboat Springs, Colorado and Honolulu, Hawaii. First Cal is currently lending in Arizona, California, Colorado, Hawaii, Idaho, Nevada, New Mexico, Oregon and Washington, and previously provided loans in 42 U.S. states.[2] To date, First Cal has funded more than 300,000 home loans, mostly in California, and has a Better Business Bureau rating of A-.[3] The company tagline is Together We Prosper.

First Cal offers purchase and refinance programs with a variety of loan programs, including FHA, VA, HomePath, and jumbo loans.[4]

History

First Cal was founded in 1977 by Dennis Hart to provide builder and retail financing. In 1986 they expanded, opening a wholesale division called Headlands Mortgage. First Cal sold its loan and servicing operations to a fortune 500 company in 1995.[5] Three years later, Headlands was taken public (NASDAQ: HDLD) prior to being sold to GreenPoint Mortgage in 1999.

In 2003, First Cal resumed mortgage lending to serve mortgage brokers and retail borrowers in the San Francisco Bay Area[6] behind President Christopher K Hart, son of Dennis Hart. Today First Cal holds licenses to lend in 9 states.

Community Service

First Cal is a silver sponsor and participates as a team in the American Cancer Society's Relay for Life.[7] First Cal also participates in The Pajama Program, which provided pajamas and books to children in need.

References

  1. ↑ http://www.northbaybusinessjournal.com/26174/first-cal-leases-more-space-in-petaluma/
  2. ↑ http://www.firstcal.net/aboutus.htm
  3. ↑ http://www.bbb.org/greater-san-francisco/business-reviews/mortgages/first-california-mortgage-company-in-petaluma-ca-118566
  4. ↑ https://www.facebook.com/FirstCal/info
  5. ↑ http://dealworks.net/about/history/
  6. ↑ http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=35392718
  7. ↑ http://main.acsevents.org/site/TR/RelayForLife/RFLCY14CA?team_id=1495100&pg=team&fr_id=57966

http://www.cnbc.com/2016/02/03/blizzard-may-be-behind-26-drop-in-mortgage-applications.html http://www.sfgate.com/realestate/article/Just-Approved-Miscalculated-income-nearly-6827700.php http://www.northbaybusinessjournal.com/26174/first-cal-leases-more-space-in-petaluma/ http://www.firstcal.net/aboutus.htm http://www.bbb.org/greater-san-francisco/business-reviews/mortgages/first-california-mortgage-company-in-petaluma-ca-118566 https://www.facebook.com/FirstCal/info http://dealworks.net/about/history/ http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=35392718 http://main.acsevents.org/site/TR/RelayForLife/RFLCY14CA?team_id=1495100&pg=team&fr_id=57966

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