Welcome to the Monterey Bay Resources, Inc. newsletter.
MBR, Inc. remains a top source for private money in California. 2017 was a good year for lending, we saw property values rise and many borrowers had significant equity for refinances. We have well known appraisers who are conservative and well informed in our market.
Our lenders invested more than 17M into real estate loans. Our loan portfolio had no foreclosures in 2017, and 95% of our loans were current and paying monthly.
As we move into 2018, we are prepared to fund loans and assist borrowers with both purchases and refinances.
We look forward to continued growth in the private lending arena, making solid real estate loans throughout Central and Northern California.
President – MBR, Inc.
Visit our website at: http://www.mbrinc.com/