Born and raised in the San Francisco Bay Area, Anthony completed his formal education in 1973, earning an MBA from California State University, Hayward, specializing in finance. Seeking to broaden his horizons, he headed east to Bryn Mawr, PA, where he spent two years 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). Two winters on the East Coast later, he followed his heart back to the SF Bay Area, and by 1978, he’d gone from Financial Analyst for a small real estate developer to joining others in forming their own real estate development company. It was quite a successful venture and served as a stepping stone to the formation of A. D. Bilich, Inc., aka Preferred Financial, in the fall of 1979.
At age thirty, Anthony borrowed $4.3 million for the development of an 84-unit condominium complex, located in the heart of Silicon Valley. To this day, he claims that he earned his “PhD in real estate” by successfully completing this project during one of the toughest interest rate climates ever. He borrowed the money at Prime + 1.75% then watched the Prime rate quickly climb to over 20%. While he had no shortage of potential buyers, many could not qualify due to the record-high mortgage rates. This, then, motivated Anthony to become involved in the mortgage industry as an originator of creative loans for his buyers. He’s never looked back – Since then, the primary focus of his business activities has been the origination of residential mortgages. Over the years, his company, Preferred Financial, has grown to be one of the largest mortgage companies in the San Francisco Bay Area, with a client base of nearly 7,000 and loan volume of well over $10 billion.
Anthony currently resides in San Ramon, CA with his wife, Angela. Their daughter, Lauren, lives and works in San Francisco, CA.
HERE ARE SOME OF ANTHONY’S FAVORITES
Sports: Golfing, skiing, biking & fishing
Books: “The Four Agreements”, by Don Miguel Ruiz,
“Old Man And The Sea”, by Ernest Hemingway
Songs: “Here Comes The Sun”, by the Beatles (mellow)
“Happy”, by Pharrell Williams ( 🙂 🙂 🙂 what else)
“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.” -Anthony
Tim was born and raised in Pleasanton California; He attended Foothill High and later went on to earn a BS degree at California State University Sacramento in 1993. He obtained his Real Estate license in 1997, and from there decided to place it with Preferred Financial.
In 1997 when he got into the mortgage industry, rather than starting to originate loans in a retail setting right away, he decided that he could learn more about the business by working with lenders as a Mortgage Broker Representative. He worked for four different banks over a 4 year period, which allowed him to experience more loan situations, and embody a greater understanding of the mortgage industry. This experience in turn made him a better loan officer, and those four years made him who he is today as Mortgage Broker. He is able to better serve his clients because of this base of knowledge, and the experience he gained helps him in negotiating with lenders in order to arrange better pricing and programs for Preferred’s clients.
Since coming to Preferred Financial full time in 2001 he quickly became one of the top loan officers. In 2006 he was promoted to VP of Preferred and then in October of 2009 promoted to President.