Owning fractional interest in high-end properties is becoming more and more feasible and popular,
San Francisco, CA (PRWEB) September 8, 2006 -–
George Rosenfield, co-founder of Triton Funding Group, and President and Senior Mortgage Consultant, announced the company’s offering of fractional ownership loans.
Triton Funding Group (http://www.TritonFunding.com) is one of the very first mortgage companies in California to offer this service that allows second home buyers to easily finance buy-ins to fractional ownerships.
Growing exponentially in popularity, fractional ownership refers to owning a property outright with another party or parties – often vacation homes. Fractional ownerships are not to be confused with traditional timeshare developments in which a buyer merely purchases time at a given property or development without actual deeded ownership.
“Owning fractional interest in high-end properties is becoming more and more feasible and popular, ” says Rosenfield. “The Ritz-Carlton Club and Residences, Fairmont Heritage Place and Calistoga Ranch, just to name a few in our local marketplace, are booming. It is our team’s pleasure to provide an additional level of service to our clients to meet this growing demand in the second home market. At Triton, we believe home ownership – in all its forms – does not have to be merely a dream. Regardless of credit, income or assets, it’s our business to help our clients make not just the American dream, but the California dream possible which can, for many, be a bit trickier without the proper information and options.”
Pioneers and leaders in specialty real estate funding, Triton Funding Group employs over 70 professionals and has closed over $5 billion in mortgage loans. Named 2005 Business of the Year by the Golden Gate Business Association, Triton consistently ranks among the best mortgage companies in the highly competitive Bay Area market. For the last two years, George Rosenfield has been recognized by Mortgage Originator Magazine as one of the top 200 mortgage brokers in the United States.
For more information on fractional homeownership, call 415-651-1162.
About Triton Funding Group
Triton Funding Group is an innovative leader in the mortgage industry in the Bay Area. With more than 40 experienced and highly trained mortgage financing consultants, Triton provides access to the best and most competitive mortgage programs in the country, as well as a complete online loan application option, all backed by the finest customer service in the industry. With headquarters in San Francisco and offices in Sonoma and Novato, California, Triton is especially adept at meeting the challenges and unique financing needs that face borrowers, including the financing of lofts, condominiums, co-ops and tenants in common. Founded by George Rosenfield and his business partner Dorian Sarris, Triton is one of the most successful and highly acclaimed mortgage businesses in the Greater Bay Area. For more information on Triton, visit http://www.TritonFunding.com.
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