Home Buying in San Jose>Question Details

MK, Home Buyer in Santa Clara, CA

Anyone have any experience with princeton capital as lending agents?

Asked by MK, Santa Clara, CA Sun Sep 13, 2009

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Yeah, same experience like the other buyer said... They are not honest to lenders. We talked to Melanie Dickman who was working with two buyers for the same property and passed on our offer to the other party. We dropped this loan cheats right after.
0 votes Thank Flag Link Sat Feb 19, 2011
Hey, I worked with them before. The only hassle is they try to get you into programs which make more money for them.. Like make you buy down rate with points etc. I worked with Melanie Dickman . I wish they were more honest and informative to buyers than have self interest. I would go with Wells Fargo or one of the other B of A resellers who give a lot better rates and lower closing costs.
0 votes Thank Flag Link Fri Jun 4, 2010
Yes, I have worked with Princeton Capital for years. Melanie Dickman in Los Gatos has extensive experience and they are direct lenders. They can do FHA and Homepath loans too.
Web Reference: http://www.terrivellios.com
0 votes Thank Flag Link Wed Sep 23, 2009
I have closed several transactions with Princeton Capital and I have always been happy with their response time and ability to get the deal done. I recommend Vance Riddle with Princeton, but I've worked now with several agents and have always been impressed. As a direct lender, they are doing good loans and closing quickly. They are generally considered "easier" to get an approval on an appraisal than some larger lending institutions. The rates are OK but service exceptional, in my experience.

Erica Nelson
0 votes Thank Flag Link Tue Sep 15, 2009
They are probably a good lender, I work for Realty World Financial and if you have any questions please feel free to contact us. Even if you are working with them and have some question we can answer them for you:

Contact us at 408-836-7078 Jocel Perez or 408-507-7939 Hector Gamez.
0 votes Thank Flag Link Mon Sep 14, 2009
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