Need Financing on the Monterey Peninsula?

Once you decide to buy a home on the Monterey Peninsula, you might interview Realtors who recommend working with a local lender if you require traditional financing. Maybe you have a military background and you want a VA loan, maybe you’re doing a 20% conventional, or a 3.5% FHA as a first time home buyer. There are all sorts of scenarios, but it’s always best to work with a local lender if you require financing on the Monterey Peninsula. There are many advantages, but this one will have the biggest impact on your escrow. So what’s the number #1 reason why you should hire a local lender? Punctuality!


You may already have a relationship with a lender you have worked with in the past. If that’s the case, see if the company has a local branch on the Monterey Peninsula so that you can have the best available service.

Working with a local lender makes the escrow process run smoothly for everyone involved. By local, we mean hyperlocal – someone specific to the peninsula who has experience lending in Carmel, Carmel Valley, Pebble Beach, Monterey, Pacific Grove, etc. They know the local market and the steps required for the underwriters to approve the loans. They can work with your agent in a timely manner to overcome any hurdles that are presented along the way. Most importantly, they are in the same time zone and can accommodate face to face interactions.

If something needs to get done in a pinch, your agent can rush over to their office, discuss the problem, form a solution face to face, and get the job done quickly and effectively.

If you are looking for recommendations for real estate financing on the Monterey Peninsula, give Chad Hawker with Princeton Capital a call. We refer our buyers to Chad because he is knowledgable, punctual, and a pleasure to work with.