Pacific Magellan Funding Capital Real Estate is a licensed real estate Broker by the state of California (CA DRE: 01377606) and mortgage broker operating under the laws and regulations of the applicable state(s) and federal agencies. We are not a Direct Lender or Underwriter but connects Buyers and Sellers together. All mortgage products are offered through approved third-party lenders. Licensing information, including (NMLS ID:1885607), is available upon request or on our website.
All loan approvals are subject to underwriting guidelines, verification of documentation, and final lender review. Pre-qualification or pre-approval does not guarantee loan approval or funding. Rates, terms, and conditions are subject to change without notice and may vary based on borrower qualifications, property type, and market conditions.
The information provided on this website, in marketing materials, or during consultations, is for general informational purposes only and does not constitute financial, legal, or tax advice. Clients should consult with licensed professionals for advice tailored to their specific circumstances.
While we strive to ensure the accuracy of the information presented, Pacific Magellan Funding Capital Real Estate LLC, makes no warranties or representations regarding the completeness, reliability, or timeliness of any content. All information is subject to change and may be updated without prior notice.
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Pacific Magellan Funding Capital Real Estate shall not be liable for any direct, indirect, incidental, or consequential damage arising from the use of our services, website, or reliance on any information provided.
We are committed to the principles of Equal Housing Opportunity and comply with all applicable fair housing laws. We do not discriminate based on race, color, religion, national origin, sex, familial status, disability, or any other protected class.
California’s real estate commission laws are undergoing a seismic shift starting in 2025, largely in response to the Sitzer-Burnett litigation and broader national scrutiny of commission structures. Here’s a strategic breakdown of the new legislation:
AB 2992 – Real Estate Commission Reform (Effective Jan 1, 2025)
Buyer-Broker Agreements Now Mandatory
.What’s new: Agents must have a signed agreement with buyers before showing properties.
Purpose: Increases transparency around compensation and fiduciary duties.
Impact: Ends informal arrangements; brokers must clearly outline services and fees upfront.
No More Blanket Offers of Compensation via MLS
Change: MLS platforms can no longer automatically offer compensation to buyer agents. Result: Negotiation of buyer agent fees becomes a direct conversation between parties.