SIVA PILLARISETTY (Pillar Mortgage Corp. - Private Equity & Capital Boutique) Mortgage and Lending

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SIVA PILLARISETTY
location_on Prospect Heights, IL — Pillar Mortgage Corp. - Private Equity & Capital Boutique
Get to Know SIVA PILLARISETTY
Siva Pillarisetty - Capital Finder - "As debt & equity finder, its my responsibility to find solutions for clients seeking capital sources.
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Siva Pillarisetty-President Of Pillar Mortgage Corp-March 1995 – Present  Incorporated in 1995 for the purpose of entering the field of mortgage banking as wholesale broker to fund residential mortgages for several wholesale lenders and banks such as Flagstar Bank FSB, Countrywide, Bank One NA, Amerus Bank, Encore Credit Corporation/Bear Sterns, BNC/Lehman Brothers, The Money Store, New Century, Fremont Investment and Loan, Argent Mortgage LLC, Sebring Capital, Delta Funding, and several others that offered a product portfolio such as Fannie Mae, Freddie Mac, FHA, VA,  Alt-A, Portfolio, Sub-Prime for broker compensation on a wholesale price structure/direct contract. Also at the same time I formed a commercial loan & capitalization brokerage that offers commercial real estate developers and project owners private equity & bank loans to fund there commercial project developments, acquisitions, refinance, via my private and industry sources for joint venture debt/equity or stand alone debt, construction loans, SBA, mezz, hard money, soft money, for broker compensation with a direct contracts and some times non disclosure agreements. Throughout my tenure with Pillar Mortgage Corp., I have remained 100% owner, registered agent, president, principal of all registrations & licenses. Duties involve running everyday administration and maintenance of Pillar Mortgage Corp., government relations, technology procurements, real estate procurements, developing new sources of funding along with maintaining relationships with current sources of funding, clients, referral sources, industry compliance such as up keep and maintenance of licenses and registrations, annual reports, bonds, insurance, general accounting, company data loan logs, marketing advertising, web site, I/T, security, contractual office support staff, loan officers, processors, office space. Also at the same time I managed staff, originated, processed, place files at my sources to for client letters of intent with primary terms pending due diligence, clear to close commitment letters, closings and fundings .  Siva Pillarisetty -Owner/Broker-Pillar Consulting Group-Financial Services industry-September 1993 – Current IC/GA-MGA insurance companies and brokerage houses such as - Farmers and Traders Life, WR Ryno , Jackson National ,  Bysis ,  Fidelity and Guarantee Life , Chubb Sovereign , Lincoln Heritage Life, Federal Kemper, Zurich Life. Also I am company and agent registered at  Crump - Americas largest insurance wholesaler. Siva Pillarisetty-Originator/Agent/Mgr/V.P Financial Services and Construction   April 1989 – March 1995  ATS(American Telephone Services)- Agent for NTS(National Telephone Services) with master distributor Halle Telecommunications in Maryland. I was a Sales Account Executive at (ATS) and later became Vice President of (ATS), while I was Studying (CNC) Engineering Technology at N.I.U. Later I entered the field of financial services with sponsorship from Prudential. I completed my eduction in financial services and licensing with A.B.R.I. & Dearborn Financial in the months of May and June of 1991.This led me to financial service positions such as Manager, Agent, Loan Officer at Places such as First Churchill Builders, New York Life, The Mortgage Center Inc, and American United Mortgage Company. Siva Pillarisetty Education  Northern Illinois University  1987-1991 Engineering Technology(CNC)Computer Numerical Control - Also attended College Of Dupage, Dearborn Financial & A.B.R.I Activities and Societies: Epsilon Pi Tau

 

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Pillar Mortgage Corp. - Private Equity & Capital Boutique