About

Ameristar Financial Corporation is a diversified financial services holding company based in Ballston Spa, New York.

Our services include originating and servicing private mortgage loans, renovating bank-foreclosed homes, providing property management services and handling real estate sales.

Financial Corporation
Real Estate
Private Mortgage Lending

Private Mortgage Lending

Ameristar Financial Corporation acts as a private mortgage lender, underwriting and originating all mortgage loans before assigning them to the Fund.

Real Estate Investment Solutions

The Fund offers alternative real estate solutions to investors, contractors, developers, business owners, and other real estate professionals. Often referred to as “Hard Money Lending,” this business model originated during the Great Depression, when individuals sought private lenders requiring hard assets (real estate) as collateral.

Differentiation from Traditional Lenders

We differentiate ourselves from traditional lenders such as banks, credit unions, and mortgage companies by providing private mortgage lending services tailored to meet the unique needs of our clients and investors.

Our Team members

Chuck Cefalu

Chuck Cefalu

CEO

  • Manage and monitor fund assets
  • Strategic planning
  • Lending approvals
  • Assist with Capital Raise for the Fund
  • Evaluate underwriting standards
  • Establish institutional relationships
  • Speaking engagements
David Harder

David Harder

President

  • Identify new markets
  • Develop additional broker relationships
  • Lending approvals
  • Assist with Capital Raise for the Fund
  • Investor communications
  • Monitor delinquencies
  • Facilitate exit strategies for portfolio with DSCR loans
Bonnie Cefalu

Bonnie Cefalu

COO

  • Manage day to day operations
  • Assist with loan servicing and onboarding
  • Lending approvals
  • Interact with administrator and tax accountant
  • Daily accounting
  • Manage underwriting and loan processing
Ameristar Financial Corporation

Ryan Bennett

VP OF BUSINESS DEVELOPMENT

  • Develop REIA network
  • Arrange for speaking engagements to discuss company services
  • Company promotions and tradeshows
  • Assist with Capital Raise for the Fund
  • Attendance of industry functions
  • Identify new markets and sources of business
Christina Atalla

Christina Atalla

SECRETARY

  • Maintain corporate books and meetings
  • Assist with corporate matters and compliance for new markets
  • Assist COO with some accounting functions such as treasury and reconciliations
  • Execute all contracts with banks for REO acquisitions
  • Assist with REO sales for REO home services, LLC