SANTA MONICA, Calif., April 17, 2025 (GLOBE NEWSWIRE) -- Top California Lender, a prominent player in the national lending sector, is thrilled to announce that Jerry Dean has taken over as the new leader of the organization. With a robust background in the lending industry, Dean brings extensive experience and a visionary approach to propel the company forward. Alongside this leadership transition, Top California Lender is introducing a dynamic new team to support its growth, featuring experts in finance, technology, and client relations to enhance service delivery. Additionally, the company is pioneering the use of AI for underwriting, leveraging advanced algorithms to streamline loan approvals and improve accuracy, setting a new standard in the industry. The AI system analyzes vast datasets, including credit histories, property valuations, and market trends, to deliver faster, more precise decisions, reducing human bias and processing times by up to 40%. This technology also enables real-time risk assessment and adaptive learning, allowing the system to refine its models based on ongoing market shifts, ensuring a competitive edge and client satisfaction.
Recently, under Dean's leadership, Top California Lender closed a significant $14.7 million senior living construction loan in Florida. This financing supports the development of a 136-unit assisted-living and memory care facility, with construction underway and completion anticipated in the near future. The loan highlights Dean's strategic focus on expanding Top California Lender's presence in the senior housing sector.
Top California Lender offers a diverse portfolio of loan programs tailored to meet varied client needs nationwide, including Rehab/Renovation Loans for property upgrades, Construction Loans for new builds, Condo Conversion & Development for transforming properties, Equity Cash-Out for accessing home equity, Land Development & Subdivision for expanding real estate projects, Change of Use for repurposing assets, Bridge Loans for short-term financing, and Commercial Acquisition Loans for business property purchases. The company is also expanding its brokers program, providing brokers with access to its wholesale lending channels to process these loans, ensuring competitive rates and efficient closings for clients. Dean's leadership marks a transformative chapter for Top California Lender, renowned for its innovative financing solutions and dedication to the national community. Further details about his plans, the new team, the AI underwriting initiative, and the enhanced brokers program will be shared in the coming weeks.
For more information, please contact:
Filmon Gebre
Loan Officer
Top California Lender
Info@TopCaliforniaLender.com
(424) 209 7164