Elite Financial

I had a very strange experience with them. I was referred to «loan broker» named Sri by a family member. I called the guy once to ask for an appointment. Instead, he forwarded my info (without my consent) to Elite.
The next thing I know, I’m getting emails from Mike at Elite. Mike seemed decent so I decided to deal with him. He was responsive. He even told me he could get me a loan for as 900k house. Fabulous, I thought!
So we embarked on a journey to find a home. But being the lawyer that I am, I made sure to get second and even third opinions. And nobody seemed to match the supposed loan that Mike claimed to offer. Not Bank of America. Not 3 other loan brokers in the bay area.
A normal person would say «awesome, I’m going with this Mike dude!!». But I’m not a normal person. I negotiate deals for a living. So I usually get very suspicious if things don’t add up. And if nobody BUT Elite is giving me a loan for a house THAT expensive, I start to question the credibility of the whole thing.
After months of house hunting, I got into escrow. I reached out to Mike for a good faith estimate and he was very responsive. The same day, I reached out to Chase, BoA, and a lender recommended by Unilocal to get good faith estimates. As a consumer, I have every right to shop around. AND I HAD NOT STARTED A PROPER LOAN APPLICATION WITH ANYONE YET– not Elite, not Chase… I was just gathering estimates.
Mike emailed me a day later to follow up and I told him that we had selected Chase. He flipped out and sent an angry email to Sri, the shady dude I’ve never met who referred me to him, telling Sri never to contact him again because all of Sri’s referrals wasted his time.
Ok, first off, select your business partners wisely. At some point, he should have realized that this Sri guy was probably not a great business partner.
Secondly, if you have beef with Sri, don’t copy the client on the email, it’s poor business etiquette.
Third, if you’re in a sales business, then people will ask you for quotes and they will take your time. It’s your job to vet your clients as well. And to be clear, I had only had a few short emails with Mike. No phone calls, no meetings, and certainly no formal loan application aside from the initial pre-​approval a few months back. So it’s very poor business etiquette to lash out at your prospective clients for «wasting your time» when frankly, you didn’t spend a whole lot of time with them to begin with.

Bill Noltemeyer from Elite Financial assisted me in financing the purchase of a new home a few years ago and then assisted me in refinancing the home recently.
When it comes to purchasing a home and making one of the largest investments you would ever make in your life, it is important to work with someone that is experienced and whom you trust to have your best interest in mind. From the moment I met Mr. Noltemeyer a few years ago during the financing of our new home, I was fully confident that his number one priority was to make sure I was getting the best loan possible at the lowest rates and that I was completely satisfied as a customer. Mr. Noltemeyer was experienced, patient and always responded to my questions immediately and made sure I understood what was going on every step of the way.
Mr. Noltemeyer worked hard on both occasions to make sure the loans closed smoothly and successfully.
Elite Financial is definitely very lucky to have someone as professional and knowledgeable as Mr. Noltemeyer on their team. I will definitely recommend Elite Financial to family and friends in the future.

Elite Financial is the gold standard in the Mortgage business. My loan officer Bill Noltemeyer helped us finance are second home and it was painless. We enjoyed the owner Michael Kagan, he was always available to make sure we were happy and we have never had service like Elite. Tell a friend.