MOR Financial Services Company Profile

Background

MOR Financial Services, Inc. is a California-based mortgage company specializing in private money lending, offering asset-based loans secured by both residential and commercial real estate properties. Established in 2006, the company is dedicated to providing a hassle-free submission process, enabling clients to focus on their business and investments. With over 18 years of experience, MOR Financial has successfully funded over 1,500 transactions, totaling more than $550 million in loans. The company's mission is to deliver seamless, tailored lending solutions that empower clients' investments, guided by principles of integrity, innovation, and a results-driven approach.

Key Strategic Focus

MOR Financial's strategic focus centers on providing fast and flexible asset-based lending solutions to active real estate investors. The company offers various loan products, including fix-and-flip, straight purchase, and refinance loans for both residential and commercial properties. By managing its own investment fund, MOR Financial can customize loans to fit clients' needs and fund deals as quickly as three days. The primary markets targeted include California and Florida, with offices in Long Beach, CA, and Miami, FL.

Financials and Funding

MOR Financial has successfully built a powerful funding base in California, coupled with an extensive affiliate program spanning coast to coast. The company has loaned over $550 million to date, with an average return on investment of 10.5% for accredited investors. The largest fix-and-flip loan funded by the company was $2.5 million. MOR Financial's revenue is estimated to be between $1 million and $10 million, with a team of 22 employees.

Technological Platform and Innovation

MOR Financial leverages its proprietary investment fund to manage loan originations and servicing in-house, allowing for rapid decision-making and customized loan solutions. The company's streamlined lending process ensures that clients receive the capital they need without the delays associated with traditional financing. By focusing on property value rather than personal credit, MOR Financial provides asset-based lending solutions tailored to the needs of real estate professionals.

Leadership Team

Sean Kareem Morsi: Founder and Fund Manager. With decades of experience, Morsi is committed to guiding each client with expertise and transparency.

Antony Tobar: Senior Investment Executive specializing in investor relations, with over five years of experience working with investors to place their capital into trust deeds.

Sachin Gandhi: Senior Investment Executive with two decades of experience in investment finance, having worked for three Fortune 500 companies.

Michael Rahavi: Senior Investment Executive who has bought and liquidated over $110 million of notes from AAA-rated institutions such as Wells Fargo, Wachovia, Chase Bank, and HSBC.

Peter Irsilious: Senior Investment Executive with over 15 years of experience in commercial real estate, specializing in property management, loan origination, and foreclosures.

Elias Halak: Project Director specializing in delivering high-impact projects, driving innovation, and ensuring successful execution from inception to completion.

Competitor Profile

Market Insights and Dynamics

The private money lending industry is highly competitive, with numerous firms offering asset-based loans to real estate investors. The market is characterized by a focus on speed, flexibility, and customized loan solutions to meet the diverse needs of clients.

Competitor Analysis

Key competitors in the private money lending space include:

Mesirow Financial: A diversified financial services firm offering investment management, capital markets, and investment banking services. Mesirow has a strong presence in the real estate sector and has been involved in significant transactions, such as the financing of the NASA Headquarters in Washington, D.C.

Medallion Financial: A finance company specializing in lending to various sectors, including real estate. Medallion Financial has a market capitalization of approximately $207 million and has funded numerous loans to date.

Fidus Investment: A business development company providing customized debt and equity financing solutions to lower middle-market companies. Fidus Investment has a market capitalization of approximately $670 million and offers competitive dividend yields to investors.

Strategic Collaborations and Partnerships

MOR Financial collaborates with local and national mortgage investors to help clients find the right loan that best fits their needs. The company's extensive affiliate program spans coast to coast, enabling it to offer a wide range of loan products and programs for brokers and borrowers.

Operational Insights

MOR Financial's distinct competitive advantages include:

Speed and Flexibility: The ability to fund deals as quickly as three days, providing clients with the capital they need to seize investment opportunities.

Asset-Based Lending: Focusing on property value rather than personal credit, allowing for tailored loan solutions that meet the unique needs of real estate professionals.

In-House Fund Management: Managing its own investment fund enables MOR Financial to make loan approval decisions internally, resulting in a streamlined lending process.