Anthony D. Bilich

Born and raised in the Bay Area, I completed my education in 1973, earning a Masters of Business Administration (MBA) degree from California State University, Hayward. My area of specialization was finance. After receiving my MBA, I spent two years on the East Coast where I lived in Bryn Mawr, a small town just outside of Philadelphia, PA. During this period, I enjoyed developing accounting and finance courses for the American College of Life Underwriters, assistant teaching at Drexel University and extensive textbook writing in the area of personal finance (Family Finance published by Little Brown). However, after two winters on the East Coast, I realized I had left my heart in California. I moved back to the Bay Area soon thereafter.

In 1976, I began my career in real estate when I accepted a position with a small real estate developer as a financial analyst. Approximately a year and a half later, a small group of us tested our entrepreneurial abilities by forming a new real estate development company. It was quite successful and acted as a steppingstone to the formation in 1979 of A. D. Bilich, Inc., also known as Preferred Financial.

At the age of thirty, I borrowed 4.3 million dollars for the development of an 84-unit condominium complex located in the heart of Silicon Valley. To this day, I claim that I earned my PhD in real estate by successfully completing this project during one of the toughest interest rate climates ever. I borrowed the money at prime + 1.75% and then watched the prime rate quickly climb to over 20%. While I had many potential buyers, the problem was that many could not qualify due to the record high mortgage rates. So to make a long story short, I became involved in the mortgage industry by originating no cost loans for my buyers.

Since then, I have stayed mildly active in real estate development and commercial property ownership, but by far the main thrust of my business activities remains the residential mortgage business. Over the years, Preferred Financial has grown to be one of the largest mortgage companies in the Bay Area, with a client base of nearly 10,000 and loan volume of well over $5,000,000,000. For the most part, these staggering numbers are the result of satisfied clients continuing to refer others to our company.

Best Regards,

Anthony D. Bilich

SOME OF MY FAVORITES

Sports:

Golf, skiing, biking

Books:

“The Four Agreements”, by Don Miguel Ruiz,

“ Old Man In The Sea”, by Ernest Hemingway

Songs:

“Here Comes The Sun”, by the Beatles (mellow),

“Start Me Up”, by the Rolling Stones (high energy)

Quotes:

“If a man does his best, what else is there?”……… General George S. Patton

“I find that the harder I work, the more luck I have.” …………Thomas Jefferson

“Whether you think you can, or that you can’t, you are usually right.”………Henry Ford

“It’s kind of fun to do the impossible.” ………Walt Disney

“Education and understanding create better decision making.”…………Me

Super Hero:

Batman

Cartoon:

Bugs Bunny