Introducing… Pat Hook! Pat is one of the founders of Source Capital, which began in 2006.

Source Capital Partner, Pat Hook

Originally from Minneapolis, Minnesota, Pat has been a resident of San Diego for the past six years. Before moving to San Diego, Pat had an adventurous career, which included working in Europe. After receiving his Finance Degree from Arizona State University in 1995, Pat worked for two large management consulting firms, Andersen Consulting and later Accenture. After gaining invaluable experience, his desire to live abroad led to his next consulting position. It was based in Prague, Czech Republic, which is where he met his wife, Pavla.

Focusing mainly on the legal and financial aspects, Pat serves as an underwriter for Source Capital. However, Pat is quick to stress, “We are a team.” Pat, Sacha and Administrative Assistant, Morgan Cahill-Marsland work closely together to support their clients. This creates a strong group of committed individuals with the common goal of achieving business stability and customer satisfaction every single day.

Interacting with people, is Pat’s favorite part of his job. He enjoys helping others and developing relationships with those involved with escrow, borrowers and investors. Pat is excited about learning and staying knowledgeable about the market. Stating enthusiastically, “Looking at interesting opportunities. Putting together the pieces of the puzzle to figure out what will work. Hearing people’s ideas and bouncing the ideas back and forth. Answering the question, ‘Can we put together a loan that makes sense?” Pat reminds us that this is a business and in order to stay in business, investors and Source Capital have to make money, “but what I like best is the art of the deal.”

In the coming years, Pat would like to see the company continue “to grow at a reasonable rate.” Explaining that Source Capital manages everything efficiently as things are. The saying, “if it’s not broke, don’t fix it” comes to mind as he explains this. In keeping with maintaining the obvious strength Source Capital has, Pat would like to build the brand. He wants people to know what Source Capital is about. Integrity is a big part of that. Being in an industry with a known history of unscrupulous activities stemming from greed, Pat is aware that some may be hesitant to seek out a private lender. Source Capital has taken “the greed aspect out.” Not only is their clients’ well being important to them, but the Source Capital team lives up to a high standard of ethics. Meticulously abiding by all laws and licensing requirements and consistently treating clients and associates with respect.

Pat is active in the community as a Court Appointed Special Advocate volunteer for children in need for Voices of Children in San Diego. He is a licensed real estate broker in California and a board member of the California Association of Mortgage Professionals. Source Capital also has a Mortgage Banker’s License in Arizona and Pat serves as the Responsible Individual associated to this aspect of their business.

Pat lives in North County San Diego with wife Pavla, son, Patrick and daughter Isabella. He enjoys staying active, running, volunteering and mostly spending time with his family, which includes a shared love of traveling.

If you want to learn more about Source Capital and the loan and investment opportunities available to you, call Pat at 858.705.6144. -Sindi Somers