Oakland, Calif.-based Red Oak Realty has announced Bank of Commerce Mortgage as its preferred mortgage provider. In aligning itself with Bank of Commerce Mortgage, Red Oak Realty will be able to offer on-site mortgage financing to current buyers and past clients who are seeking to refinance their home, the agency says.
Bank of Commerce Mortgage bankers will be located in Red Oak Realty's Oakland and Berkeley offices.
The bank, a subsidiary of Bank of Commerce Holdings, is a direct-endorsed, Full Eagle Federal Housing Administration lender. The company also offers conventional financing options.
‘Considering that the Bay Area real estate market is experiencing increasingly frequent changes, offering in-house mortgage services is one of the best ways that we can make the purchase of a home efficient and trouble-free,’ says Laurie Capitelli, leading partner for Red Oak Reality and state director of the California Association of Realtors.