MPR Financial

We were stressing over how to sell our old house and buy a new one without moving twice, and without being gouged by the terms of available bridge loans. At one of the many open houses we went to, the seller’s agent said «you might try Tom at MPR. He’s come through for a LOT of people who were stuck.»
We did, and he was amazingly good. He provided us a bridge loan with much better terms than we’d been able to find (with plenty of looking). He made it all seem easy with his relaxed, confident, friendly and helpful manner. But he was anything but relaxed when it came to responsiveness and drive for speed! His average response time to my emails and voicemails was almost instantaneous and never more than a few hours even on weekends. And he managed to get our loan handled and escrow closed just 9 days after our offer was accepted.
Once we’d sold our old house, we refinanced our bridge loan and AGAIN, Tom got us the best terms. I’m good with MS Excel, but Tom sent a helpful spreadsheet showing the terms of a variety of loan choices including showing all the miscellaneous parameters — basically unhiding the fees sometimes hidden by lenders until contract-​signing time.
We worked with multiple real estate offices and multiple title companies during buy, sell, and refi. Tom was always fast, competent, informative and, well, it seems like he loves his work and loves helping clients!
Tom really knows Berkeley and the agents and title companies and appraisers and lenders and everyone and everything we needed.
Everyone else we worked with at MPR, notably Dawn, was also friendly, competent and fast. It must be a great place to work to have such enthusiastic people all around.
If 5 stars is exceptional, then Tom and MPR need
6, at least.

Tom Nitsan came very highly recommended by two realtors in the area. He listened non-​judgmentally to our financial information and came up with several loan options that would work for us using this amazing spreadsheet (which become our best friend as we thought about placing offers on homes).
When our offer was accepted, he and Dawn were super responsive (even on weekends) and knowledgeable and answered our questions patiently.
During escrow, we only had to send in supporting documents once or twice. It was super easy. A friend was going through escrow at the same time and her mortgage broker was making things so much more difficult.
Tom has an excellent reputation for going through escrow quickly. I heard it many times as we went to open houses, etc. In this market, you really need the best and Tom’s ability to help us get a place with 10% down speaks volumes about his follow through and reputation.
We are so grateful we went with Tom when there are so many options out there. He’s really the best in the business. Thank you Tom and Dawn!

Unreliable and unprofessional. Was referred to Tom by my realtor. Shot him and email and inquired into a loan. He said he would crunch the numbers. Never heard back from him. Followed up a few days later to check in but never heard back from him. Don’t waste your time reaching out to him.

I do agree with all the negative reviews on here about Tom Nitsan. I lost my chance of refinancing at low rate because of him. he «locked“the rate for us and confirmed the locking in his email and then Kept us waiting thinking while we thought he was processing our loan. Finally he did not honored his words because interest rate went up suddenly! In my case he was not reliable at all. You might be lucky with him if interest rate does not go up suddenly during loan processing. He could also be too busy to answer any of you questions, your emails and phone calls.

MPR was great to work with as first time home buyers. In this highly competitive market, we went through a number of rejected offers over a number of months, but MPR was helpful throughout. They were responsive, provided good advice, and got us a very good rate. I highly recommend them.

Tom Nitsan is a professional’s professional. We just closed on our first house which was sold by motivated sellers who needed all of the financial business to have been settled quickly and accurately. Tom communicated with me at odd hours and ensured that all bases were covered, answered our multitude of questions in a timely manner, and provided us with overall exceptional service. The previous terrific Unilocal reviews on MPR are accurate, and superb brokers such as Mr. Nitsan are the reasons why.

My partner and I recently bought a home in Oakland. we started out knowing very little about the process of buying a home, let alone how to get a loan. we were referred to MPR Financial.
Upon calling and sending in our information we were set up with Erick Berthaldan. Erick was great! He was very knowledgeable, always willing to hear us out and answered a ton of questions that we had every time we called or emailed, and was very good at getting back to us in a timely manner. He and his colleagues at MPR made the whole process from pre-​qualification to closing on the house an overall positive and smooth experience!

Had a good conversation with MPR, sent in all the documents they requested, and waited. And waited. Called three times to inquire, and was assured by the person answering the phone that I’d hear from them soon. No one ever called me back, so I had to go with another broker.

Erick Berthaldan and Lydia Jackson also helped us with mortgaging our first home! They were both very thorough and attentive to our needs. They presented us with two options and let us decide how to proceed. Once the decision was made, our process was smooth and quick. In fact, we were able to close ahead of schedule. They are an amazing team! I would highly recommend other homebuyers to use their service.

I just bought my first home. I was referred to Erick Berthaldan and Lydia Jackson. They were perfect. I had a lot of anxiety about this process because of all of the horror stories I have heard over the years about the home loan process, and the team at MPR COMPLETELY eliminated those concerns. They hand-​held me throughout the entire process and dealt with all of my questions (and I had a LOT) with grace, intelligence, and patience! They answered every question I had; I had absolutely NO GLITCHES; NO ISSUES. I HIGHLY recommend them just for the hand-​holding alone! They kept me from losing it during this process-​thank you MRP, and Erick, and Lydia!!! Make sure to insist on working with them directly.

Erick and MPR recently facilitated loans my husband and I needed to buy our new home. Erick was always prompt in providing information and spread sheets to help us make decisions. In person, he was friendly and again, very quickly provided the information we and the title company needed. We have been working with Jon Riccardi and the MPR staff for 25 years on original loans, refinances, and a bridge loan. We highly recommend their services.

We just closed a mortgage loan with MPR financial. This is the first time we used them, but we were extremely satisfied particularly with Erick Berthaldan, who was our loan agent. He always responded to our emails right away and was on top of things all the time.

Was referred by a friend to Erick B and MPR, and I just experienced a smooth and quick refinance! This was nothing like my previous refinance a few years ago with Chase where the process dragged on for months while my contact people kept changing. At MPR I had two people handling everything from beginning to end, they were clear about what was needed and when, and from the day they offered me their competitive rates (I checked rates at a few places) to the day my loan closed was exactly 30 days… I loved the experience and I will definitely use MPR again.

Look no further… MPR Financial is the best mortgage broker around. I have worked with three different mortgage firms when purchasing homes and MPR is heads above the rest. Tom Nitsan knows the range of loan products that are available extremely well. We had a complicated cash-​out re-​fi situation and he didn’t blink an eye. He found us a great loan and we were able to close in less than 30 days! Dawn Malatesta is very thorough, helpful, and organized. Incredible customer service and responsiveness provided by Tom and Dawn. Quick to return calls and emails. They make the loan process very easy and move it along in a timely fashion.

Tom Nitsan has been providing us with fabulous financial support in our purchases of real estate. We have gotten conventional loans, bridge loans and refinancing through MPR Finacial over the last 15 years.

Bought my house over a year ago with another broker/​realtor who was super nice and helpful. I rather give my commission to someone like that.

Tom Nitsan is extremely professional, works efficiently and is true to his word. The entire process ran very smoothly and he was able to stick to an aggressive escrow period to close on time. I’m also an independent contractor which only added to the mix. Tom is great and I would recommend him to anybody!

Professional, amazing staff. Tom Nitsan is very respected by the real estate world and gives great advice. He works very hard and if you need someone to «chat» you up, he is frankly too busy and focussed, but he delivers and isn’t that what it is all about. He helped my daughter and myself save money on each of our home purchases. He has excellent staff that deliver what is needed and they each do what they are best at which results in a terrific team effort.

Dawn did right by me. She was easy to reach, not stunted in communication skills, efficient, and got things done. If i told you how quick our communication and process was, you would be in disbelief.
Within 30 minutes of placing a phone call in for a refi, I had electronically sent over a file folder with all docs ready to get the ball rolling,
And so it rolled, on and on… and on… to close of escrow. Cinch.
Lender credit of about $ 1500 as well. Sweet.

I was hesitant about refi because I’d heard horror stories from friends and families about how long it took (3 – 5 months!) and what a pain it was, and I wasn’t sure if I was up for the headaches. Then my neighbor told me she worked with MPR and had a great experience, and she strongly encouraged me to give them a call. I’m so glad I finally did! I worked with Tom and Dawn, and in less than a month, it’s done! Woo hoo! It was so smooth and painless, it really was quite remarkable.
When I signed loan docs at the title company, I asked the officer if I had to worry about anything. He asked, «Who do you work with?» I said, «Tom & Dawn from MPR.» He said, «You are working with THE BEST.»