4722 Torrance Blvd. 922
Torrance, CA 90503
310 874 0949 off/cell
rich4loa
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Commercial Owner User & Investment
SoCal Mortgage Company is a leader is arranging purchase and refinance lending for all types of commercial properties. Through our network of commercial lenders we will seek the best possible rates and terms for your property. -
Residential Real Estate Loans
Buying the home of your dreams. Need to refinance to take advantage of today's extremely low interest rates. SoCal Mortgage Company will handle your transaction with highly personalized service, fast approval, and very low cost. -
Apartment Financing
SoCal Mortgage Company maintains lending relationships with most of the major apartment lenders. We use the latest lender technology to analysis your potential transaction and determine the best lender for your particular lending situation. We are approved to do nationwide apartment financing. Loans up to $50 million. -
SBA 7a & 504
Currently the SBA programs offer the best purchase and refinance loans for owner users occupying at least 51% of the subject property. SBA financing allows for up to 25 year repayment terms, very competitve interest rates, and best of all only 10% down and loans to 90% of the appraised value or purchase price. Currently SBA 7a loan limit is $5 Million, and the SBA 504 loan can go to $10 Million. -
Income Property Equity "Hard Money" Loans
In today's restrictive credit markets many property owners are unable to arrange mortgages through traditional bank lenders. SoCal Mortgage Company can bridge this credit gap by using loans funded by private mortgage investors. Typically investor loans are primarily based on the current equity positon in the commercial property. -
Trust Deed Investing
Because many borrowers are turning to loans based on equity, this creates an investment opportunity for investors looking for a steady monthly income at very favorable interest rates. -
Commercial Line of Credit, Factoring, Accounts Receivable Financing
SoCal Mortgage Company has a working relationship with more than 100 commercial banks. Because we understand commercial lending transactions we are occasionally in a position to help a business to arrange a commercial line of credit. We have also helped with accounts receivable and factoring lines. We will work to carefully analysis your business financial needs, and help to arrange financing with a commercial bank or industrial financial lender.
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Stated Income Commercial, Apartments, Investor 1 to 4's
For properety owners that cannot verify their income, we are now offering Stated Income Loans for purchase or refinance of almost any kind of commercial building, apartments, and investor 1 to 4's. This loan has a 3 to 5 year fixed period based on a 30 year amoritization and term. No tax returns are required, no employment verification, and no cash verification. This is very attractive for anyone that does not have the income showing on their tax returns to qualify for a purchase or refinance.
“I often recommend that my clients consider financing as an option to raise capital when needed. I have recommended Mike and have always been satisified at the honesty and dedication he gives to each project. He goes the extra mile to insure that his client's have a clear understanding of the process and the outcome. If you are in the market for financial services including mortgage services, you can't go wrong with Mike.” August 10, 2009
Glenn DeMar , Owner , DeMar & Company, Certified Public Accountant
“A friend and client of mine needed to get his permanent financing for a newly built shopping center in the South Bay. Mike did an excellent job. The feedback from our now mutual client and friend was that he was so so happy about the great results. I've known Mike since he was President at Torrance Bank and he is an extremely professional person with the highest level of integrity.” August 5, 2009
Top qualities: Personable , Expert , High Integrity
Copyright 2009 SoCal Mortgage Company. All rights reserved.
3812 Sepulveda Blvd., Suite 310
Torrance, CA 90505
ph: 310 874 0949 off/cell
fax: 310 424 2979
rich4loa