We Fund the American Dream

 

About Our Founder - Randall Parker, MBA

Our founder, Randall Parker, took his first residential mortgage application.  This was a six-way, multi-family refinance deal, so a very heady way to begin!

He commenced a ten-year journey as a financial advisor providing real estate, mortgages, insurance, investments, consumer counseling services, and more.

            

Randall Parker starts his own mortgage firm and operates under three banners over time (Clarion Mortgage, Windsor Capital Mortgage, and Shore Capital Mortgage Corporation, as a branch manager and loan officer.  He continued to write mortgage business in California through 2011.

  

In 2004, he completed his university studies at California State University - Bakersfield with BSBA degrees in Finance (emphasis in Financial Planning) and Sport Management (Honor Graduate), conferred Magna cum Laude.

He completed the Helen Hawke Windes Four-Year Honors Program, along with minor degrees in Applied Economics and Applied Statistics.  He also was awarded the prestigious John Brock Business Scholarship.

  

Randall Parker completes his Masters in Business Administration - General Management at University of Southern California with an emphasis in commercial real estate finance.

His analysis of the 2006 GE/Arden/Trizec real estate transaction earned the top grade in his MBA cohort.  While most practice teams had 6-8 members, he completed this project with just a single partner.

Randall Parker is named a Member of the Board of Directors for Ecolux Inc. (Philippines).  His assigned responsibilities include oversight of Legal, Financial, and Marketing departments of the firm. 

  

Randall Parker is named Director of Equity for Chicago-based Alliance Realty Group.  He is tasked with marketing to Chinese EB-5 visa applicants, establishing relationships with family offices, and setting-up a nationwide network of correspondent Realtors.

  

Randall Parker joins Mortgage Ezy (Australia), which is the largest, privately-held mortgage manager in the country, as an Account Manager.  

Recruiting more than 700 brokers over the next four years, he would close more than $250 million in transactions annually while positioning himself as the company's subject-matter expert in SMSF and NDIS loans.

Due his spectacular success with SMSF loans (similar to self-directed IRAs in the US) the company was recognized as the SMSF Adviser SMSF Awards Winner for SMSF Lenders in 2023, SMSF Adviser Australia Broker's Choice Award Winner for Best SMSF Lender in 2022, and Self Managed Super Fund Awards Finalist in 2022.

         

Randall joins a national commercial mortgage brokerage as senior vice president - loan production.  He personally generated over $1.9 billion in loan applications in only six months.  After being disappointed with the company's poor leadership, he decided he needed to run on his own track.

In November, he established RPA Commercial Loans as an independent, nationwide commercial loan brokerage. Join us on this journey.

RPA New Logo - Top & Bottom
Randall Parker, MBA

Meet Our Dedicated Corporate Team

Our corporate executive team supports every loan officer and processor in the company by keeping the engines running efficiently and effectively.  

Randall Parker, MBA
Randall Parker

CEO/President

Phil Halbrook
Phil Halbrook

Vice President - Broker Relations

Carol Manzanares
Carol Manzanares

Vice President - Administration

Ash Sabido
Ash Sabido

Marketing Director

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About Permanent Bank Loans ​

When most people think about commercial loans, what comes to mind is permanent bank loans. These are 25-year fully-amortized loans, in the minds of most people. They think of these loans, because these are similar to the loans most people have on their residences.

However, permanent bank loans are quite rare. Most permanent loans are going to be on owner-occupied properties. Investors will typically opt for interest-only loans of several years, so as to increase annual cash flow. They don’t want to tie-up money inside a hard asset, so they are quite happy to let the balance ride.

Even with permanent loans, the vast majority of these will be agency loans, with permanent bank loans reserved for the best, most financially-solid borrowers.

Contact us to see which financing option is best for your circumstances.

About Construction Loans

Most construction projects run in the $5 million to $20 million range, with larger construction projects from $20 million to $100 million or more.

Once we get to larger deals, we look to Syndication options that involve multiple banks, mezzanine loans, and private equity, as needed.

Construction loans run similar in process to bridge loans, but on a larger scale. In addition to the standard paperwork for investment loans, we also will need plans/specifications, budget, contractor’s resume or history, and project drawings.

If the deal will be financed as an agency or bank loan, we will also need personal and business tax returns (if applicable).

Note our document checklist for construction loans.