About Us

Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.

Terry A. Blete, Principal of Greater Bay Mortgage Company

Mr. Blete attended the University of California, Berkeley from 1973-77, playing baseball while on an academic/athletic scholarship. He received his Bachelor of Science degree in Finance and Urban Development from the Haas School of Business Administration. The following year, Mr. Blete received a grant to study institutional financing on Wall Street (sponsored by Equitable Life Assurance Society). He was trained in the analysis of various types of investments, including securities, pension funds, real estate, lending, and insurance.

Over the years, Mr. Blete has consulted as a financial advisor for numerous financial institutions, including Citibank, Bank of America, Union Bank of California, Midland Bank of London, Charter Bank of Hong Kong, and Bank of California, as well as numerous California State Chartered Banks. He has also worked as an advisor to such developers as Duffel Development, Woodmont Properties, Atherton Kirk Contractors, Brugger Investments, Zimmerman Investment Companies, Sprangle Lynd & Sprague, Rothechild Family Trust, Doral Enterprises, Horizon Hotels, Hyatt Development Corporation, Grubb and Ellis, Coldwell Banker, and Consolidated Regional Equities. Mr. Blete was an expert witness on behalf of the California State Chartered Banks for Assembly Bill 3469, which allowed state-chartered banks to invest up to ten percent of their assets in non-banking areas, such as real estate and securities.

Mr. Blete’s real estate, finance, and banking experience arises from 25+ years of work in the real estate industry. He has been directly responsible for successfully closing over $3 billion dollars in real estate transactions, including the acquisition, disposition, and financing of both the equity and debt for all types of real estate projects (e.g. master plan development projects, retail, commercial, multi-family, single family development, industrial and mixed-use properties). In 1979, Mr. Blete joined Grubb and Ellis Real Estate Company, where he was the Equity Manager of a billion dollar real estate partnership portfolio. His primary responsibilities were to increase revenues, reduce expenses, and allocate funds to cosmetically improve properties for liquidation. The company’s profits after liquidation were greatly enhanced by various financial decisions Mr. Blete made during this period. Primary market was the Western United States.

In 1981, Mr. Blete became a partner with McMasters and Westland (now a part of TRI Real Estate). His primary responsibilities were the financing and structuring of various real estate transactions on behalf of developers, investors, and lenders. In addition, Mr. Blete was involved in several real estate projects as a general partner.

In 1987, Mr. Blete joined the Woodmont Companies as Director of Acquisitions. Woodmont is a multi-billion dollar real estate company owned by Tad Taube. His primary responsibilities were the acquisition and financing of all types of real estate investments on behalf of Mr. Taube, the Koret Foundation (Levi Strauss), Marin County Pension Fund, and other groups of wealthy individuals.

In 1989, Mr. Blete formed Greater Bay Mortgage Company. Greater Bay’s strength lies in its ability to finance all types of real estate transactions, from single-family residences to multi-million dollar commercial projects. Mr. Blete has personally arranged financing for office buildings, shopping centers, hotels, apartment buildings, assisted living facilities, and master-planned community projects. Mr. Blete has developed strong ties with major institutional lenders, as well as close relationships with an array of private-money sources.

Recognizing the need to offer a wider array of financing products to his clients, Mr. Blete founded Greater Bay Capital, Inc. in 2006. This company offers direct, private-money financing in situations where institution mortgage loans are not an option.

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