Commerce Home Mortgage Announces Joint Venture with Balboa Pacific Insurance Services


Benefits of the partnership include the ability to better understand their respective clients’ total financial picture and insurance needs and to deliver customized “best fit” insurance products and services to clients at competitive prices. Balboa Pacific is a trusted insurance consultant that provides “A-rated” insurance products through some of the largest and most respected US insurance carriers. They guide their clients to secure the best possible coverage for all areas of their life and manage their full portfolio of insurance products efficiently through one company. As a result of the partnership, Commerce Home Mortgage will begin offering Balboa Pacific’s services early in the loan origination process, making it easy and convenient for their clients to obtain the best and most cost-effective homeowner insurance coverage to match their needs.

“It makes a lot of sense to be able to offer this personalized service to Commerce Home Mortgages’ customers,” said Mario De Tomasi, Chief Financial Officer of Commerce Home Mortgage. “Our goal is 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 by insurance and mortgage industry veteran Joe Stanovich in Irvine, California and provides a wide array of insurance services, such as Auto, Home, Commercial, Life, Health, Flood, Condominium and Renters insurance. After many years working in both the insurance and mortgage industries, Mr. 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,” Stanovich said.

Commerce Home 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 of loans, delivering highly competitive financing with the utmost attention to personal service. With a strong, stable reputation in the real estate finance industry, Commerce Home 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. 
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