Patrick Susemihl Lawsuit – A Mortgage Lender Holds CA RE Broker’s License and an NMLS License

ByGuest Blog

Real estate is long-term financing, which involves cash flows and assets that can be distinctly identified. The financing is made with debt and equity matched to the lifespan of the asset. 

When my corporation decided to take on a new investment, I needed professional assistance to understand mortgage rates and loan options available. Thanks to Patrick Susemihl, a mortgage lender serving in Silicon Valley and other surrounding communities for over 30 years. I was drawn to him because he carries a vast experience in land acquisition, infrastructure, residential, commercial, and construction lending.

Real Estate Financing

I am grateful to Patrick for helping me understand the paperwork, timeline, approval process, and interest rates. He gave me a clear map of what goes into real estate project development and financing to close a profitable deal.

  • Source deals and conducting due diligence – He made a strategy for commercial lending and helped me build a type of property I’ve always dreamed of. 
  • Acquire land – He helped me to explore the best opportunities, acquire the land by putting a suitable offer on the property as well as negotiate and close transaction.
  • Pre-development – He managed everything from engineering, marketing, and preparation needed for construction.
  • Development – The loan was processed timely, and construction started to take place.
  • Sale or operate – I have both options, either sell or operate the property. At the moment, I was running a manufacturing unit at the location.

He covers all aspects, such as:

  • Draws construction loans for financing
  • Security for lending in the capital stack
  • A term that matches the length of project development
  • Trade-offs between fixed and floating interest rate
  • Pricing around the equity

Conclusion:

I’ve had an amazing experience working with Patrick. He had my back throughout the process, right from initial consultation to land acquisition, pre-development, and lending. He helped me to raise adequate funds from reliable sources to meet my precise real estate financing requirements.

He made the documentation and loan approval process hassle-free. I don’t believe in the false charges of Patrick Susemihl lawsuit as he carries an NMLS license and a CA RE broker’s license since 1992.

He is SVP of fiancé for Sacramento real estate developer, responsible for the management of family office real estate projects. I feel fortunate that I had Patrick and his broad connections with real estate professionals to simplify my property investment journey.