Business Details
44 Years
experience
Expert Trust Deed Loan Solutions in San Mateo, CA
Baymark Financial has been a trusted name in the mortgage brokerage industry since 1982, specializing in trust deed loans for residential and commercial properties across the San Francisco Bay Area. Our small, dedicated team prioritizes personalized service, combining decades of experience with efficient operations to meet the unique needs of borrowers and investors. Founded by Mark Engelman, a UC Berkeley graduate and real estate broker with over 40 years in the equity mortgage business, we maintain a hands-on approach to loan origination, documentation, funding, and note servicing. Our expertise extends to borrowers who may not qualify for traditional bank loans, offering flexible solutions without strict underwriting or credit history checks.With a focus on quick funding and competitive rates, we serve clients from our San Mateo, California office, providing direct access to highways 101 and 280. Our team includes seasoned professionals like Loan Officer Edwin Elliott, REO Coordinator Dee Modglin, and Office Administrator Debra Penn, ensuring comprehensive support for every client interaction. We pride ourselves on transparency, reliability, and a commitment to delivering tailored financial solutions that align with our clients' goals.
Services
Trust Deed Loans
Mortgage Brokerage
Loan Origination
Note Servicing
REO Property Sales
Details
- Year established: 1982
Highlights and features
- 40+ years of mortgage industry experience since 1982
- Specialize in fast trust deed loan funding within 7-10 days
- No credit history checks or traditional underwriting requirements
- Direct borrower-investor connections with transparent communication
- Experienced team with decades of local real estate expertise
Associations and certifications
- California Bureau of Real Estate
Services
Trust Deed Loans
Baymark Financial provides first and second trust deed loans secured by residential and commercial properties. These short-term financing solutions cater to borrowers needing quick access to capital without traditional bank requirements. Our trust deed loans offer competitive rates and flexible terms for property owners across the San Francisco Bay Area.
Loan Origination
We handle complete loan origination from application to funding. Our streamlined process includes property evaluation, documentation preparation, and investor matching. Borrowers benefit from fast approvals and direct communication with our experienced loan officers throughout the entire origination process.
Note Servicing
Our comprehensive note servicing includes payment collection, interest distribution, and loan administration for trust deed investors. We maintain detailed records and provide regular updates to ensure smooth management of investment portfolios for both individual and institutional investors.
REO Property Sales
We manage real estate owned (REO) property sales for defaulted loans. Our licensed real estate agents handle property marketing, buyer negotiations, and transaction coordination. This service provides investors with efficient resolution options for non-performing trust deed investments.
Private Lending
BayMark connects private investors with secure lending opportunities through trust deed investments. We facilitate direct property-backed loans with transparent risk assessment and ongoing portfolio management support for investors seeking alternative income streams in California real estate markets.
People
Mark Engelman
President
Mark Engelman founded Baymark Financial in 1982 after starting his mortgage career in 1976. As a UC Berkeley graduate and licensed real estate broker, he oversees all loan operations and investor relations with decades of hands-on experience in trust deed financing.
Edwin Elliott
Loan Officer
Edwin Elliott has served as BayMark's full-time loan officer since 1978. With over 40 years in real estate lending, he specializes in connecting borrowers with customized trust deed loan solutions and guiding investors through secure funding opportunities.
Dee Modglin
REO Coordinator
Dee Modglin manages BayMark's REO property sales as a licensed real estate agent. With over 15 years at the company, she handles property marketing and transaction coordination, ensuring efficient resolution of foreclosed assets for investor portfolios.
Debra Penn
Office Administrator
Debra Penn joined BayMark with 19 years of retail banking experience. As office administrator, she manages client communications and operational support, bringing a customer-focused approach to our San Mateo headquarters.
Questions
What types of loans does BayMark Financial offer?
We specialize in first and second trust deed loans for residential and commercial properties in the San Francisco Bay Area, with quick funding options available.
Can I qualify for a loan with bad credit?
Yes, we offer loans without credit history checks or traditional underwriting requirements, making financing accessible for borrowers with credit challenges.
How quickly can I get funded?
Our internal underwriting process allows for fast approvals, with typical funding completed within 7-10 business days after application.
What areas do you serve?
We primarily serve the entire San Francisco Bay Area, including both residential and commercial properties in Northern California.
How do trust deed investments work?
Investors fund secured promissory notes backed by California real estate, with monthly interest payments and our team managing all documentation and collections.
