First Security Mortgage

First Security Mortgage, established in 1972, is a family-owned private lender in San Diego, California, specializing in residential loans. They offer loans ranging from $100,000 to $1.5 million for owner-occupied properties, with terms up to 84 months and flexible payment structures, while maintaining all services in-house.

Company
Guidelines

Common Loan Scenarios

Owner-Occupied Home Loans in CA
Purchase Loans up to 70% LTP
30% Cash Down Payment Required
Refinance Cash-Out up to 65% LTV

Scenarios Not Considered

NO 100% Financing (30% cash required)
NO Land Loans
NO Ground-Up Construction Loans
NO Properties Outside of California

Details and Requirements

Property Geographic Area Details

California

Loan Amounts

$100,000 to $1,500,000

Loan Terms

1 to 84 months

Lien Position

1st

Credit Check Required

Prepayment Penalty

Payment Structure

Interest Only
Amortized

Borrower Entity Types Considered

Appraisal Required for Residential Property

Broker Price Opinion (BPO) Accepted for Residential Property

Will Consider Collateralizing Multiple Properties in One Loan

Will lend to a foreign national

Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage

Will Consider Equity Joint Venture

Collateral Types

Residential Property

Loan Purpose

Primary Residence Purchase
Personal Use

Property Occupancy

Owner Occupied Residential

First Security Mortgage’s Lending Activity

Data Provided By Elementix

12mo Loan Volume

12mo Loan Count

Total Loan Volume

$115,265,139

Average Loan Size

$171,017

Loan Count by State (Past 12 Months)

OH: 476, OK: 152, CA: 18, WA: 19, MA: 4, TX: 2, OR: 1, UT: 1, GA: 1

Data provided by

| Disclaimer

First Security Mortgage is a family owned and operated company that has been arranging private money loans for California residents since 1972.

Founded in 1972 and located in San Diego, First Security Mortgage Home Loans Inc. is a broker and servicing company for hard money loans. We originate loans in California only.

One major advantage that separates us from our competition is we handle ALL aspects of the loan process in-house. From the initial contact to closing, we are your point of contact. Once your loan closes all monthly payments are made to First Security Mortgage for the life of the loan. We handle all aspects of the Mortgage Process.

Once we close your loan, 99% of the time the servicing rights will not be sold!

Office Locations

11839 Sorrento Valley Road, Suite 903, San Diego, California 92121

Our Team

Carl Maggio

Associate Broker

CA DRE Broker Lic. - 01216308
NMLS ID - 700208

Our minimum loan amount is $100,000

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