Saturday, April 18, 2015
About Us  
About SPFC
SPFC has completely reinvented itself with the addition of John Johnston as President.  Since joining the company John has gathered and honed an exceptional pool of talent from both inside and outside the organization, across all business units.  A gifted leader with a comprehensive understanding of the business, John has created the platform for unparalleled yet responsible growth.

Trust is the foundation of our relationships.  Our core values are to do what is just, right and fair for our customers, employees, and business partners, while trusting them to do the same in return.  We operate as a learning community, fostering a collaborative environment of life long learning and shared knowledge.  As a learning community, we have incorporated a series of best practices to build a strong foundation and a sound financial legacy.

Founded in 1982 by Tim Cahill, South Pacific Financial Corporation (SPFC) is a California based, Retail Only mortgage banking platform operating throughout the western United States, including Arizona, California, Colorado, Idaho, Oregon, Minnesota, Nevada, Texas and Washington.  As a direct lender, SPFC offers Conventional, Jumbo, FHA, VA, USDA and various bond programs including CalHFA and CHF Access. 

SPFC is focused primarily on serving the purchase money market.  By employing a consistent approach to underwriting we are well positioned to meet the challenges presented by market events and cycles.

•    Long-term, impeccable industry reputation
•    Approved with FNMA, FHLMC , GNMA, FHA , VA, RHS and CalHFA
•    Experienced Professional Underwriters (average 15 years)
•    85% Purchase Money

Tim Cahill, Chairman
Tim began his career in mortgage banking as a Loan Officer in 1978 before founding SPFC in 1982.  As Chairman and CEO of SPFC, Tim provides leadership to the executive team, driving SPFC’s strategies and culture, and directing the administrative arm of the organization including, finance, HR, strategic planning, and banking/investor relationships.

Under Tim’s stewardship, SPFC was named the Inland Empire Mortgage Banker of the year by CMBA in 1996.  Passionate about learning and mentoring others and guided by a strong sense of right and wrong, Tim is the driving force behind SPFC’s unique culture which blends best in class operations with an enterprise-wide commitment to live the core values.

John Johnston, CEO
With uncommon expertise in both the operational and production aspects of mortgage lending, John is uniquely qualified to take SPFC to the next level responsibly.  In his role as President, John oversees the company from origination through post closing.  He is committed to building a platform that supports Originators with systems, tools and processes while maintaining a solid operational foundation to achieve profitable and sustainable growth.

John founded and built Marina Mortgage, a highly successful privately owned retail mortgage banking firm, eventually selling the franchise to American Home Mortgage (a publicly traded mortgage banking company).  As the driving force behind Marina Mortgage’s success, John was asked to join American Home Mortgage, helping to build that organization into the 10th largest mortgage banking institution in the nation.  During his tenure with IndyMac Bank, John built and managed the bank’s National Retail Production team of 180 locations with 1,700 sales staff and more than 600 operations employees.  Prior to joining SPFC, John served as Senior Executive Vice President of Pacific Mercantile Bank where he developed and oversaw the bank’s entire Mortgage Banking Division.

Bob Pickham, Senior Vice President/CFO

In his capacity as SPFC’s Senior Vice President and Chief Financial Officer, Bob oversees loan servicing, investor relations, tax, information systems, human resources, internal audit and facilities functions.  He reports to the CEO and serves on the company’s executive committee.  Bob is an invaluable member of the team with expertise across multiple disciplines and business units.

Bob started with SPFC in 1997 as the Controller and was promoted to Senior Vice President and CFO in 1998.  He joined us from a manufacturing company where he served as Controller for two years.  Bob began his career as a licensed CPA managing audit engagements for numerous entities, including financial institutions and mortgage banking companies on behalf of Eddie & Payne, a certified public accounting firm.  A life-long learner, Bob graduated from MBA’s School of Mortgage Banking with the designation of Accredited Mortgage Professional in 2006 and earned his undergraduate degree in Accounting from California State University San Bernardino in 1988.

Dan Manginelli, Regional Vice President
Author of “WAKE UP!” and founder/owner of The Manginelli Group, Dan coaches and mentors thousands of sales professionals while inspiring and motivating them to perform at higher levels in life.  Dan entered the mortgage industry in 1986 as a Loan Officer, becoming a top producing Branch Manager by 1988.  Throughout his career Dan has consistently delivered record breaking personal and branch production levels.  In his role as District Vice President of American Home Mortgage, Dan led his team to become the #1 district in the company.  As Regional Vice President of Production for SPFC since October 2010, Dan has been instrumental in the recent substantial growth enjoyed by the company in the Southwest Region.

James Beard, Regional Vice President

With more than 27 years of experience in the mortgage banking industry, James believes that it is his responsibility to help clients integrate the mortgage they select into their overall financial plan.  As Regional Vice President for SPFC’s Northwest Region, James has consistently been a top producer in both his personal and regional production since joining the firm in 2008.

Mike Mazella, Regional Vice President
Mike joined the mortgage industry in 1993 as a mortgage broker in Arizona. After being a top originator for many years he was hired to start a retail mortgage division for Union Planters bank in 2001. Mike grew the Union Planters production to top levels in retail production in a very short time. After gaining valuable mortgage banking management experience, the group made a move to help the start up of American Home Mortgage. AHM grew to be the 8th largest lender in the country, with Mike as the District VP for Arizona. When the opportunity arose to move to southern CA and join the SPFC team, Mike did not hesitate. He now is instrumental in the growth of production, as well as the constant fine tuning of the operation process that ensures the consistent level of excellent service that SPFC provides to its clients

Robin Williams, Vice President Operations
Upon joining SPFC in 2010, Robin rapidly became the cornerstone of the company’s operations team managing all facets from processing through post closing.  An operational and strategic thinker, Robin brings extensive industry knowledge and the ability to swiftly deploy initiatives in response to a rapidly changing environment. 

Upon entering the mortgage banking industry in 1993, Robin quickly separated herself from her peers earning progressively higher levels of responsibility, including roles of Division Funding Manager in 1997 at American Home Mortgage, Regional Funding Manager for IndyMac Bank in 2007 and Vice President, National Funding Manager for Prospect Mortgage in 2008.

Susan Howard, Vice President Risk Management
Susan joined SPFC in 2010 overseeing all aspects of risk management, secondary marketing, quality control, product development, investor relations, IT support and employee on-boarding/orientation.  Susan has a strong operational improvement background with demonstrated cost management, tactical planning, revenue growth and advanced risk management expertise. 

Graduating with a Bachelors degree in Business Administration from the University of Missouri at Kansas City in 1993, Susan began her career as an Analyst with the Federal Reserve Bank of Kansas City.  Subsequently recruited by Corinthian Mortgage, she began underwriting mortgage loans nationally across multiple business channels.  Appointed to the positions of Vice President of IndyMac Bank in 1996 and Senior Vice President of First Federal Bank of California in 1999, Susan has held progressively elevated roles across every facet of mortgage banking, from origination through secondary marketing.  Immediately prior to joining SPFC, Susan owned and operated Fireside Funding, a privately held mortgage and real estate brokerage firm.

Corporate Office

2 Ada Drive, Suite 150
Irvine, CA 92618

Toll Free  (800) 445-6973


Branch Locations

Equal Housing Opportunity Lender. Loan inquiries and applications in states where I am not licensed will be referred to a Loan Officer who is licensed in the property state. South Pacific Financial Corporation (Unique Identifier #8588) is a California corporation licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act and operates in the following states: AZ License #0917436; CA License #413-0023; CO Regulated by the Division of Real Estate; HI-8588; ID license #MBL-8582; MN License MN-MO-8588; NV Banker License #3809; NV Broker License #3938; OH license # MBMB.850235.000; OR Mortgage Lender Licensee #ML-4272; Texas – SML Mortgage Banker Registration; UT-DRE Mortgage Entity License #8588; WA Consumer Loan License #520-CL-50199. North Pacific Financial Corporation (“NPFC”) is a registered dba of South Pacific Financial Corporation. SP Direct Lending is a registered dba of South Pacific Financial Corporation and is approved to originate in CA, OR, TX and WA. This is not an offer for extension of credit or a commitment to lend. All loans must satisfy company underwriting guidelines. Information and pricing are subject to change at any time and without notice. This is not an offer to enter into a rate lock agreement under any applicable law.

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