This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Red Oak Realty Names Bank Of Commerce Mortgage Its Premier Mortgage Solutions Provider

OAKLAND, Calif., Jan. 26 /PRNewswire/ -- Red Oak Realty, the largest independent real estate firm in the East Bay, today announced that Bank of Commerce Mortgage is now its premier provider of mortgage solutions. 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. In addition, Red Oak Realty will be able to improve support for its agents by providing access to in-depth mortgage industry knowledge and information.

Operating from Red Oak Realty's offices in Oakland and Berkeley, mortgage bankers from Bank of Commerce Mortgage will be available to assist Red Oak Realty's agents and clients on an ongoing basis.

In partnership with parent company, Bank of Commerce Holdings (Nasdaq: BOCH), a $814 million dollar financial services holding company, Bank of Commerce Mortgage provides customers with a more advanced level of capital strength than many other mortgage companies and brokerages. A direct-endorsed, Full Eagle FHA lender, Bank of Commerce Mortgage is equipped to independently approve and fund FHA loans. The company also offers a full array of 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," said Laurie Capitelli, leading partner for Red Oak Reality and state director of the California Association of Realtors. "We are looking forward to a long relationship with Bank of Commerce Mortgage, which has already proven to be a valued resource for our agents."

"Building trust with customers and communities for mutual loyalty is our top priority," said Scott Simonich, president and CEO for Bank of Commerce Mortgage. "Since this goal falls right in line with Red Oak Realty's vision, it makes sense for both of our companies to collaborate. We are honored that Red Oak Realty has selected Bank of Commerce Mortgage as a strategic ally."
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
BOCH $5.77 -0.17%
AAPL $111.00 0.56%
FB $93.88 2.00%
GOOG $641.02 2.30%
TSLA $248.58 0.41%


Chart of I:DJI
DOW 16,769.88 +297.51 1.81%
S&P 500 1,987.37 +36.01 1.85%
NASDAQ 4,783.1790 +75.4040 1.60%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs