Welcome or Register
agent photo
Nick Hall
Broker Associate
Coldwell Banker Premier Real Estate

48 South Ocean Avenue
Cayucos, CA 93430
Phone: 805-458-4544
Fax: 805-995-3657
Email: nickhall@sceniccoastrealty.com

Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

Nick Hall

Choosing a Lender
Along with choosing a loan, you should consider the variety of sources for loans as they each offer advantages and disadvantages depending on the loan amount, the interest rate, your down payment amount, and much more. Major categories of mortgage lenders include:

Savings & Loans
Savings and Loan Associations (S&Ls) are the largest traditional lenders of residential home loans. They remain a major source of funding for home loans. S&Ls are often called Savings Banks in the Eastern U.S.

Commercial Banks
Commercial banks offer attractive loan terms, particularly if they evaluate their entire banking relationship with you. Some commercial banks have their own real estate lending departments and will service your loan. Other commercial banks sell their loans to Fannie Mae and Freddie Mac, two major government-sponsored enterprises (GSEs) that specialize in buying residential loans from lenders.

Mortgage Bankers
Mortgage bankers borrow money from banks or pools of investors, underwrite the loans, and sell them to investors for a profit. They often receive a fee from these investors for servicing your loan. Loan servicing includes collecting monthly payments, sending out loan statements, and collecting late payments.

Mortgage Brokers
Mortgage brokers circulate, or 'shop,' a loan application among lenders to find the most attractive terms for the borrower. In exchange, a lender pays the broker a fee.

Homeowners
You may find that the current homeowner is willing to offer financing in exchange for selling the home. This means that the seller becomes your lender. A common means of financing is for the seller to accept a note. A note requires you to make monthly payments to the seller instead of a bank or other lender.

Credit Unions
Since credit unions are owned by their members, they are called cooperative financial institutions. Since they are nonprofit institutions, credit unions may offer attractive loan rates to their members. Like commercial mortgage lenders, credit unions sell their loans to Fannie Mae and Freddie Mac to maintain access to new sources of loan funds. The National Credit Union Administration (NCUA) regulates the credit union industry.

When selecting a lender or broker to finance your new home, be sure to do your homework on the company or institution. As interest rates have continued to decline, more and more lenders have appeared in the industry. As rates begin to increase, more and more of these new lenders may go out of business. Always check to make sure your lender is qualified and has the resources to service your note for the life of the loan.


Nick Hall
Coldwell Banker Premier Real Estate
48 South Ocean Avenue
Cayucos, CA 93430
Business Phone: 805-458-4544
Business Fax: 805-995-3657

       

Testimonials

We highly recommend Nick Hall - Nick brought this property to our attention while keeping us abreast of listings in the market that met our criteria. We have been working with Nick for some time and he has been very competent and professional and we highly recommend him. Lane and Sylvia B., San Luis Obispo
Nick has been an exemplary sales associate and satisfied our every need. Mike and Nell L., San Luis Obispo
Nick was wonderful, helpful and attentive to our wishes and very diplomatic and professional when working with others involved in our transaction. Nick was a great advocate and definitely on our side and I think he went the extra mile more than once. Kenneth and Catherine C., Cambria
Nick showed us several properties and found us our home in Avila Beach. He was wonderful to work with and his guidance and thoroughness throughout the sale were exceptional Glenn and Jennifer V., Avila Beach
Nick is excellent at his job! Michael and Dew, San Luis Obispo
We enjoyed working with Nick - he was great! Lee and Christine J., Morro Bay
We were very pleased with Nick who was very thorough and very available. Douglas and Sally P., San Luis Obispo
Nick Hall is outstanding! He made himself available to us for all of our questions, concerns and comments all throughout the time, in a very professional manner.Nick had great suggestions and resources for us to tap into and it was a pleasure to work with him. Keep up the good work and thank you very much for your help and assistance. We cannot say enough good things about working with Nick, we found a friend in him. Nathaniel and Sonia D, San Luis Obispo
Nick's communication was excellent and he was very helpful to us. Esteban and Stella E, Cambria
We found Nick on the Internet and he was great to work with, low key and no pressure. Dennis and Judy P, Morro Bay
Nick was fantastic to work with and represents his firm with excellence. He quickly understood our wants and needs and represented us well and we would choose him again as our agent in the future. Andrew and Cheryl H, Templeton
Nick was very helpful and excellent to work with and handled everything for us. Dominic and Maura G, San Simeon
Nick was very personable, efficient and professional to work with and we were very pleased with his representation. Mervin and Patricia S, Los Osos
Nick was outstanding - professional, knowledgeable and courteous and never pushy and we were very satisfied and would choose Nick again. Claude and Cheryl C, Cambria
Nick was very accommodating and friendly and went above and beyond the call of duty. How do you improve on perfection? Rowena L, Cambria
Nick has been a wonderful agent and always in our corner in negotiations and although others in our transactions were difficult to do business with Nick dealt with them very well to our advantage and we would definitely choose him as our agent in the future. John and Helene Z, San Luis Obispo
Nick thank you for a smooth transaction, it was a pleasure working with you and I look forward to doing business with you again in the future. Narlene C, San Luis Obispo
Nick was very professional and thorough and provided excellent service. James and Barbara Q, San Luis Obispo
Nick was extremely helpful, communicating many times each day throughout and was very reliable in every way. He is a true man of integrity, very rare in the business world today. We have appreciated him and will call on him when we sell. Michael and Joy P, San Luis Obispo
Nick's advice and service were excellent and we would choose him again in the future. Tim and Marguerite B, San Luis Obispo
Nick is a fine person and agent and always low key. Richard and Marguerite P, Atascadero
View All

Equal Housing OpportunityMLS membershipREALTOR® certification