Tim Taylor - Your Home Loan Professional
Tim Taylor
Vice President
NMLS #256661
Toll Free: 1-855-216-3888
Direct: 805-898-4222
Mobile: 805-680-3024
Fax: 877-893-4844
3780 State Street, Suite C
Santa Barbara, CA 93105
Branch NMLS #297574
I am licensed to originate mortgage loans in the following state(s): CA
Watch this 2 minute video to learn more about the loan process

Tim Taylor

Prospect Vice President in Santa Barbara, California

Tim Taylor joined the mortgage industry in 1993 after graduating from CSU Chico with a degree in Business Administration with an emphasis in Marketing. He decided to be a Loan Officer because he enjoyed real estate but also liked the business aspect that came with the mortgage industry. He was always interested in real estate and even sold a few houses that he co-listed with other agents.

Tim was named “Rookie of the Year” his first year in the business and has received many awards since then. He joined Prospect Mortgage in 2002 and has since been named a “Diamond Loan Officer” - one of the top 30 Loan officers in the company - every year since the ranking began. Tim has also been named one of the Top 200 Mortgage Originators in America* – many times Top 100 - since Mortgage Executive Magazine began their loan volume ranking.

Tim’s family has been in Santa Barbara for six generations, and he is very involved with his local community. He was El Presidente (2008) of Old Spanish Days Inc. and remains on the board today. He is also on the board for The Music Academy of the West and the Santa Barbara Community Housing Co. Tim helps to set the direction and policies for these organizations to assist in enhancing his local community.

He married his wife Perrin in 2006 at the Santa Barbara Old Mission - the same place that his great-great –great grandparents were married in 1836. He and his wife had their son, Beau, in 2012 and since then, parenting has been his main hobby.

Tim also enjoys playing golf, basketball and bocce ball as well as watching his favorite sports teams: The Rams and Los Angeles Dodgers.

He likes being a Loan Officer because every day is a different challenge, and he gets to help people move into their first home or dream home and can also help them refinance to save money for their family’s needs. He sets himself apart by building trust early on with clients and Real Estate Agents. He has their best interest at heart, and he makes that very clear.

Tim describes the Taylor Team as a well-seasoned and talented group of individuals that all share the same core values in wanting to provide the best service and quality options to clients.

Tim and his team are happy to assist with a variety of home loan products including:

First-Time buyer programs, Second-Home lending , Refinances, FHA and VA, Conventional, 203(k), Renovation and Jumbo loans.

*2012, 2013, 2014
LR 2015-817B

Tim Taylor is 203(k) Renovation Lending Certified

Tim is certified in 203(k) Renovation Lending, a program particularly well suited for buyers of fixer-uppers and REOs in need of repair. Homebuyers can finance both the purchase and future repairs on their new home with one loan.

The Renovation Loan offers some great features. The amount of money you are permitted to borrow for the purchase and renovations is based on the increased value of your home after improvements are made1. Also, because renovation costs are spread throughout the entire term of the loan, monthly payments are often lower than other financing options. With the loan, there is also no need to delay improvements. You can start in immediately after closing. Another great feature is the loan's simplicity - one application, one set of fees and closing costs, one closing to attend and one payment each month. The interest on the cost of your improvements, included in your mortgage, may be tax deductible2 as well.

Tim values your business and will provide you with the best professional service and mortgage solutions that make most sense for you and your unique financial situation and real estate goals.

Please contact Tim Taylor by phone, email or filling out the pre-approval form on the right to get more information about our Renovation Loan, or any other mortgage financing solution. I look forward to working with you!

1For 203k purchase transactions the maximum loan amount is the lesser of the sales price + renovation costs or 110% of the as-completed value, times the maximum loan-to-value. For refinance transactions the maximum loan amount is the lesser of the property value before renovation + renovation costs or 110% of the as-completed value, times the maximum loan-to-value. Loan amount must be within FHA county loan limits.

For HomeStyle® purchase transactions the maximum loan amount is based on the lesser of the sales price + renovation costs or 100% of the as-completed value, times the maximum loan-to-value allowable. For refinance transactions the maximum loan amount is based on the lesser of 1) 100% of the as-completed value times the maximum loan-to-value or 2) the balance on the existing loan plus the renovation cost plus the settlement costs. The maximum repair amount is limited to 50% of the as-completed value. HomeStyle® is a registered trademark of Fannie Mae.

Please consult a tax advisor for further information regarding the deductibility of interest and charges.

What are people saying about Tim Taylor?

"Diligent expertise says it all! "
- Margaret B.,  Santa Barbara, CA
"For our refinance, everything went fairly smoothly, funds were available when needed, much thanks."
- Eric R.,  Lompoc, CA
"Will Blackman's knowledge and professionalism made this process quick and easy."
- Marlene C.,  Upland, CA
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