Commercial Loan Corporation is pleased to welcome Mike Riggs to our team! Mike is our latest hire and specializes in providing our clients with trust and estate financing. If you are a borrower in need of a trust loan to provide liquidity to an illiquid trust so that you can preserve a low Proposition 13 tax base, or an attorney looking to assist your client in avoiding a property tax reassessment, Mike is here to assist you.
Here is a little background information on Mike Riggs:
“I graduated from Northern Arizona University in 1996 with a technical writing degree, then straight out of college began doing long range boat deliveries where I earned enough sea time to get my captain’s license. Then came my first of 3 children which required a more stationary lifestyle. I started my 21 year career in finance as a finance manager for a friends car dealership. Though the industry was not ideal for me, I really enjoyed the financing side of the business. I found it was very satisfying helping people accomplish their financial goals. I did this for about 4 years until he sold the business, at which time I moved into the real estate finance world.
Since that time I have been a loan originator, Vice President of Production for a mortgage company doing 400 loans a month, and a Sr. Executive Mortgage Banker producing enough volume to be named one of the top 100 originators in the country.
I’m excited to begin a new journey in private trust lending as an Account Executive with Commercial Loan Corporation. Through my years in the industry I have made strong connections with some great people. Some of those people that I have have the most respect for and enjoyed working with the most, now work with me at Commercial Loan Corporation. I couldn’t be happier with the current expertise and integrity of the team that I’m working with. I take pride in guiding my clients to the best possible outcomes and look forward to assisting you.”
Mike Riggs, our Trust Loan, Estate Loan and Probate Loan Account Executive can be reached at 714-442-8901 or by email at mriggs@cloanc.com. If you are interested in more information on a trust loan to avoid property tax reassessment, please complete the short form located here.