California Star Properties was founded on the belief that
a Real Estate Agent should always work for their client as if that client were
their dearest and best friend. Each of our Agents will always act as if the
money involved were their own and as if the family that will live in the home
was their family. No client of ours should ever have any doubt about who's side
we are on.
Gary
Mountain
From 1963 to 1966 Gary Mountain contracted with over 300 bands to represent them and contracted with most high school districts north of San Luis Obispo to the Oregon Border, many colleges and many municipal event centers. During these three years 54 gold records were accomplished and the firm NBC Booking was sold to the William Morris Agency in 1966.
Gary has been an entrepreneur since child hood. In 1969 Mr. Mountain was the first National Youth Chairman for the Jerry Lewis Telethon and personally raised over five million dollars from the efforts of the Job's daughters, Rainbow Girls and De Molay Boys. Mr. Mountain held several offices in De Molay at a State Jurisdictional Level. He used his influence to create the "call in centers" the local TV networks participation in every major market in the Western US. In 1970 the results were $ 40MM in the 24 hours of the Labor Day Event. All volunteers (over 15,000 nationally) were from the organizations and Gary convinced all TV networks to donate all the airtime and production expense. The results are that this event is still being done today.
Gary founded the first ever school to train loan agents/ officers in 1984. The Royal American School of Mortgage Banking in 1980. More than 4,000 people paid $ 3,500 each to attend a one-month training class for 30 hours per week. Mr. Mountain trained a team of 22 trainers and set up facilities that trained the Loan Agents in seven counties in California and in six additional states. Mr. Mountain sold the training materials to GE Mortgage Insurance and he wrote the Community Home Buying Class Program from the materials which became a national program sponsored by FHLMC.
Gary has processed, underwritten and funded real estate loans since 1966.
Authored the first Adjustable Rate Mortgage (not a Government loan product) with an interest rate and a payment cap in 1981. In 1983 Mr. Mountain wrote the first three year fixed ARM with caps on the rate and period of change. In 1986 Mr. Mountain authored the first Option ARM loan Product and completed a $ 300MM first ever Mortgage Backed Security on Wall Street at a price of 107.
Gary is one of the fourteen original Founders of a trade organization called the California Association of Residential Lenders (1984), one of the largest and fastest growth trade organizations to educate and lobby for real estate lending policies and procedures. Today the organization is the California Mortgage Brokers Association CMBA.
Gary is Founder of California Star Properties, Inc., which conducts the following real estate based business: sales, loans and investments. Mr. Mountain has sold over 3,000 properties (one at a time). He has closed $1.4 billion in loans for residential development, refinances and purchase money transactions.
Gary buys real estate properties, creates an avenue for investors to purchase a percentage of each property. Mr. Mountain manages the entire project from its beginning to completion. He buys the property and then when he sells the investment he stays in the transaction to assure its success. He has sub-divided raw land, designed single-family homes, and managed the General Contractors and all engineering disciplines' of the entire project.
Gary graduated from Willow Glen High School San Jose, CA. and lettered in football, track, basketball, wrestling, competed at an international level in judo, Graduated from San Jose City College and lettered in cross country, track and football San Jose State College and lettered in track and was on the judo team. Mr. Mountain left college to operate real estate investments at age 21.
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Gary
Craig
Bassett