Commerce Mortgage Announces Joint Venture with Balboa Pacific Insurance Services

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Commerce Mortgage, a leading provider of home mortgage financing, and Balboa Pacific Insurance Services, a provider of property, casualty, life, health and business insurance, have partnered to offer customized combinations of their complimentary services to customers

Commerce Mortgage, a leading provider of home mortgage financing, and Balboa Pacific Insurance Services, a provider of property, casualty, life, health and business insurance, have partnered to offer customized combinations of their complimentary services to customers.

Commerce Mortgage will begin offering Balboa Pacific’s services early in the loan-origination process, making it simple for their clients to obtain the best and most cost-effective homeowner insurance coverage to match their needs. Clients will enjoy a better understanding of their total financial picture and insurance needs as well as competitively priced delivery of customized best-fit insurance products and services.

Balboa Pacific is a trusted insurance consultant that provides A-rated insurance products through some of the largest and most respected U.S. insurance carriers, guiding their clients to secure the best possible coverage for all areas of their life and managing their full portfolio of insurance products efficiently through one company.

“It makes a lot of sense to be able to offer this personalized service to Commerce Mortgage’s customers,” said Commerce Mortgage Chief Financial Officer Mario De Tomasi. “Our goal is to make the entire lending process, and all of the needs that accompany it, as easy and convenient as possible,” De Tomasi said.

Balboa Pacific was founded in 2013 in Irvine, California by insurance and mortgage industry veteran Joe Stanovich and provides a wide array of insurance services such as auto, home, commercial, life, health, flood, condominium and renter’s insurance. After many years working in both the insurance and mortgage industries, Stanovich saw the opportunity to provide value to clients by providing a high quality one-stop shop with excellent customer service for all insurance needs at the same price point as A-rated carriers.

“I am excited to deliver a variety of the same great insurance products and rates from many of the large insurance carriers all in one place, with the seasoned expertise, extra care and customer service strategy of your local agent, always available when you need them,” he said.

Commerce Mortgage is headquartered in San Ramon, California and serves customers from a wide range of locations throughout Arizona, California, Colorado, Nevada and Florida. Since 1994, the company has funded more than $10 billion in loans, delivering highly competitive financing with the utmost attention to personal service. With a strong, stable reputation in the real estate finance industry, Commerce Mortgage serves the lending needs of individual homebuyers, real estate professionals and builders throughout the western United States. Its in-house underwriting and in-house documents and funding allows loans to be approved within hours and funded within days.
For more information, please visit http://www.commercemtg.com and http://www.balboapacific.com.

For more information, contact: Kristie Berg
Vice President of Marketing, Commerce Mortgage
(925) 302-7262
mediarelations(at)commercemtg(dot)com
http://www.commercemtg.com

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Kristie Berg