First Residential Mortgage Corporation was founded in 1999 by three experienced veterans of the lending industry, coming together to create a mortgage brokerage that would be a model of integrity and service to homebuyers and home-owners of our region. Our goal was then -- and still is today -- to help our clients achieve their real estate financing goals, always putting our clients' financial interests and needs ahead of our own.

With a market area stretching from the Monterey Bay to the Sierras and the counties surrounding the San Francisco Bay, First Residential Mortgage Corporation has arranged home financing for hundreds of families, from first-time buyers just purchasing a starter home to long-time owners converting home equity into cash for investment through refinancing. We are proud to have been instrumental in helping so many achieve the American dream of homeownership!


First Residential's President and Broker-of-Record, Pete Ogilvie, with more than 33 years in the mortgage industry, was among the first brokers in California to earn the prestigious Certified Mortgage Consultant designation from the National Association of Mortgage Brokers (NAMB), and is one of the few mortgage professionals in the region authorized to display the NAMB Lending Integrity Seal.

Pete has served as statewide President of the California Association of Mortgage Professionals (CAMP) and as President of the Greater Monterey Bay Area Chapter of CAMP. He has assisted the Calif. Department of Real Estate (DRE) and the Nationwide Mortgage Licensing System (NMLS) as a Subject Matter Expert on mortgage lending, has testified before the California Senate Banking Committee, and has spent countless hours working with members of Congress to help create legislation that protects consumers while preserving prudent and reasonable financing options for homebuyers and owners.

Ogilvie has been retained as an Expert Witness on a number of court cases involving mortgage broker practices and standards. His opinion has been sought and he has been quoted in the Wall Street Journal, the New York Times, the Washington Post, and other print and online publications.

His favorite activity, he says, however, is working with clients on the day-to-day tasks of qualifying them for financing, getting their loan requests approved by one of the many lenders with which First Residential is an approved broker, and being there when their loan closes.

"Helping my clients get the loan they need at the rate and terms they want, is a great source of satisfaction for me. But what's even more satisfying is getting my clients the loan they want at terms better than they expect! That makes it all worth it!"