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At MOR Financial we take pride in accessing each transaction on an individual basis and working with our borrowers to make sure their individual needs are met. We have a tremendous track record of success with our borrowers and our private investors. We make it a priority to facilitate a prosperous transaction for all parties involved.
Our programs are customizable to meet each borrowers needs. Whether that means highest possible leverage for a fix and flip transaction, lowest interest rate and fees for a refinance and everything in between.
We are not your typical hard money lender!
Property Geographic Area Details
Primary and secondary markets in California.
Loan Amounts
$50,000 to $3,000,000
Interest Rates
7.99% to 11.99%
Max Loan-To-Value
75.00%
Max Loan-To-Cost
100.00%
Origination Fees
1.25% to 5%
Loan Terms
6 months to 24 months
Lien Position
- 1st
- 2nd
Loan Purpose
- Investment Acquisition
- Investment Refinance
- Improve Subject Property
- Use Equity to Invest in Another Property
- Value Add Project
Property Occupancy
- Vacant
- Tenant Occupied 100%
- Tenant Occupied Partial
- Owner Occupied Commercial
Minimum Occupancy Percentage
0%
Property Types and Loan Types
Collateral Types
- Residential Property
- Commercial Property
Property Types
- 2-4 Units Residential
- Commercial Condominium
- Condominium
- Gas Station
- Industrial
- Manufactured Home
- Mixed-Use
- Multifamily
- Office
- Retail
- Single Family Residence
Loan Types
- Residential Fix and Flip
- Residential Rehab and Rent
Specialty Loan Types
- 2nd Mortgage Equity Cash Out
- Transactional Funding
Junior Liens
Junior Lien Loan Amounts
$20,000 to $500,000
Junior Lien Interest Rates
9.99% to 15.99%
Junior Lien Loan-to-Value
70.00%
Junior Lien Loan-to-Cost
100.00%
Junior Lien Origination Fees
2.00% to 5.00%
We Fund Junior Position Loans
Often
Junior Lien Types
- Purchase
- Refinance
- Equity Cash Out
Cannabis Use Properties
We will consider cannabis use properties only in large urban metro areas (Los Angeles, Oakland, Etc.). Loans will be based on real estate value only.Will Consider Cannabis Use Properties
yesMaximum LTV for Cannabis Use Properties
50.00%Cannabis Property Use Type
- Retail Dispensary
- Retail Sales
Purchase Loan
Max Loan-To-Purchase Price
100.00%Borrower Must Have Property Under Contract
noWill Provide Proof of Funds Letter
yesWill Consider Lending on Purchase from Auction
yesAllowed Source of Borrower’s Equity
- Own Cash
- Partner
- Equity in Subject Property
- Equity in Another Investment Property
- Equity in Primary Residence
- Seller Financing
- Family
Rehab Value Add Loan
Experience Required
noMinimum Number of Value-Add Projects Completed by Borrower
0Will Provide Funds for Renovation Costs
yesMax LTC for Renovation Costs
90.00%Interest Charged for Renovation Costs
Entire Amount of Total Project CostsTypical Number of Days for Funds Draw
3Details and Requirements
Typical Closing Time (Days)
7Fastest Closing Time (Days)
3Works With
- Brokers
- Borrowers
Payment Structure
- Interest Only
- Interest Reserve
Pre Payment Penalty
no
Will lend to a foreign national
yes
Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage
noWill Consider Collateralizing Multiple Properties in One Loan
yesWill Consider Equity Joint Venture
yes
Will consider equity partnerships for experienced rehabbers.Borrower Entity Types Considered
- Individual(s)
- LLC
- Limited Partnership
- Trust
- Corporation
- Self-Directed IRA
Documentation Required
- Bank Statements
- Loan Application
Personal Guaranty (Recourse) Required
SometimesCredit Check Required
yesAppraisal Required for Residential Property
SometimesAppraisal Required for Commercial Property
SometimesBroker Price Opinion (BPO) Accepted for Residential Property
SometimesBroker Price Opinion (BPO) Accepted for Commercial Property
SometimesFees
Underwriting Fee
$0 to $0
Processing Fee
Documents Fee
Fees which are paid to a third party company
- Appraisal Fee
Legal Disclaimer
All rates, terms, and fees are subject to change without notice. All loans offered are only available to investment, non-owner occupied properties. Pricing is based on area, risk, and track record. A full loan application, ability to service the note, and a full appraisal prior to commitment to fund are required.
At MOR Financial, one of California’s leading Hard Money Lenders, our purpose is to help connect our customers and clients to the things that matter most to them. Every day, we’re proud to partner with individuals, businesses, and communities, bringing them our skills and expertise to help make their financial lives better.
MOR Financial Services, Inc. has over 50 years of combined experience funding private and conventional loans. We work with many local and National private mortgage investors to help our clients find the right loan that best fits their needs.
Most of our team members have years of experience in the real estate arena from escrow and title to sales and hard money lending in the state of California. Our combined expertise gives us an advantage as a well rounded company that offers solutions to most problems. Our staff offers professionalism unparalleled in the industry, a quality that is has been consistent in all our client testimonials. Our promise to you is simple: You will always be able to get a hold of one of us and you will always get a direct response from the team member you are looking for.
License
CalDRE #01860343
Year Established
2006
Office Locations
1100 Wilshire Boulevard, Suite 1701, Los Angeles, California 90017Primary Capital Source
- Individual Investors
Alternative Capital Sources
- Own Funds
- Debt Fund We Manage
- Family Offices
Loan Structure for Majority of Loans
- One Investor One Loan
- Multiple Investor Fractionalized Note
Alternative Loan Structures
- Own Balance Sheet
Percentage of company’s lending business focused on private mortgage
100%
Percentage of Loans Secured by Commercial Property
20%
Percentage of Loans Secured by Residential Property
80%
Percentage of Residential Property Loans Which are Fix and Flip
75%
Percentage of Residential Property Loans Which are Buy and Hold
25%
Percentage of Loans Secured by Land
1%
Total Number of Loans Funded to Date
917
Total Loan Volume Funded to Date
$250,000,000

Sean Morsi
Chief Executive Officer
Sean Kareem Morsi is the founder and Chief Executive Officer of MOR Financial. While attending San Diego State University, Sean began his career with Premier Bancorp as a loan consultant in 2003. Shortly after earning his B.S/B.A. degree in Economics, Sean founded MOR Financial in 2006 with the goal of creating the most reputable and efficient private lending firm in California. Sean is a licensed CA Real Estate Broker and has been involved in real estate lending transactions that have eclipsed the $500 million mark.
License InformationCalDRE Broker - 01442047

Steve Matthias
Senior Account Executive
As the Senior Account Executive at MOR Financial Services, Inc., Steve Matthias is responsible for establishing and developing working relationships with new borrowers, as well as managing and maintaining relationships with existing borrowers. Born and raised in the Bay Area, Steve moved to Los Angeles in 2007 to attend California State University Los Angeles. A licensed Realtor® since 2011, Steve started his career in Real Estate as a buyer’s specialist in the San Fernando Valley, specializing in investment acquisitions. With his experience working directly with Real Estate investors on the acquisition side, Steve brings a unique perspective to his relationships with the borrowers he works with.
License InformationCalDRE - 01924165

Rosie Bonilla
Servicing Manager
Rosie has been with MOR since 2013 and has built great rapport with our clients, investors and vendors over the years. She has been very dedicated at handling clients needs and processing our investors’ requests regarding our servicing portfolio.