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Lending

Meet our lending team

Malaga Bank is a portfolio lender. What does that mean to you?

We do not sell our loans to other banks or out of state loan servicers. Decisions are made locally, so we can be flexible and creative with our loan rates and terms.

We have a wide range of standard loan products, but our niche is customization, creativity and sensible lending. This includes making real estate loans to corporations, partnerships, limited liability companies and trusts. Our goal is to meet your borrowing needs and exceed your expectations. Let us custom-tailor a loan to meet your needs today!

Malaga Bank has been providing competitive solutions for the needs of residents, businesses, and real estate investors since 1985. We offer financing for 1-4 unit, multi-family, and commercial investment properties from Santa Barbara to San Diego and the areas in between.

Mark Bustamante

Contact Mark Bustamante

Senior Vice President, Income Property Lending
mbustamante@malagabank.com

T 310-544-7800, ext. 2063
NMLS #810746

Mark Smith

Contact Mark Smith

Senior Vice President, 1-4 Unit Lending, Business Banking
msmith@malagabank.com

T 310-544-7800, ext. 2059
NMLS #1422815

john tellenbach

Contact John Tellenbach

Senior Vice President, Chief Credit Officer
jtellenbach@malagabank.com

T 310-544-7800, ext. 2061
NMLS #810749

Susan Pengelly

Contact Susan Pengelly

Loan Production Assistant
spengelly@malagabank.com

T 310-544-7800, ext. 2062

Brian Beckenhaupt

Contact Brian Beckenhaupt

Loan Production Specialist
bbeckenhaupt@malagabank.com

T 310-544-7800, ext. 2114

Susan Pengelly

Contact Cathy Jaramillo

Vice President, Loan Processing Manager
cjaramillo@malagabank.com

T 310-544-7800, ext. 2055

Susan Pengelly

Contact Nina Brister

Vice President, Loan Service Manager
nbrister@malagabank.com

T 310-544-7800, ext. 2065

Multi-family Loans (5 or more units)

We offer several multi-family loan programs with competitive rates and flexible terms.

1-4 Unit Investment Property Loans

We offer 1-4 unit investment property loan financing for purchase, refinance and construction.

Commercial Real Estate Loans

We offer real estate financing for office, retail, light industrial, and construction to permanent with lower rates and longer terms.

Construction Loans-Non Owner Occupied

Whether you’re looking to build income property, a commercial-industrial building or a small speculative project, our experienced loan officers are here to help you with the loan process every step of the way.

Business Loans

Loan amounts and Lines of Credit from $10,000 to $500,000.  We can help your business grow.

Home Equity Lines of Credit

Use the equity in your home for home improvements or to cover unexpected expenses.

Loan Calculators

Rent vs. Buy, calculators to help you make a good financial decision.

Credit Review

Credit Review forms.