South Pacific Financial Corporation (SPFC) recently announced the promotion of Dan Manginelli and Dan Malouff as Co-Presidents of SPFC.
Both Manginelli and Malouff have extensive executive experience at SPFC. Manginelli’s previous position was Executive Vice President where he was in charge of production. Malouff’s previous position was Executive Vice President of Secondary Marketing. In addition to Capital Markets, Malouff also oversaw Fair Lending and Technology.
At SPFC, 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 lifelong 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, 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