Tim Formica Loans - Santa Ana, California

Belen Almazan

Tim is great, he helped us with our new home which we live in now and the turnaround time was so short and he just goes out of his way to help you and find the best home for you. He helped us with the whole process, he is awsome. Great business man and has become a great friend, thanks Tim

Bernadette Barganski

We worked with Tim as first time home owners early on in our process. He was so helpful and informative in all financial aspects each step of the way. He was always quick to respond, professional, and friendly. We highly recommend Tims services!

Logan Costello

As a first time home buyer, Tim’s knowledge and professionalism were invaluable. He was also a great advocate for us and had our best interest in mind throughout the process. Thank you so much Tim!

Gabbie Costello

We have only positive things to say about our home buying experience with Tim. He is extremely helpful, knowledgeable, and patient through the entire process. He is truly the best!

david perez

Tim's the best in the industry!! Appreciate your continued service to our mortgage.

Sally Campos

Mr. Formica always returned my calls and texts, even on weekends. He was always very professional and patient. Thank you!

Kristen Shahani

Tim Formica and his team have provided my husband and I with the best possible experience throughout the entire loan process. We could not have purchased a home without him! We began working with him last summer in 2020, and he was always responsive and available for us whenever we needed him. He met with us on Zoom to help explain the financial side of things and was able to use online lender software to review our docs. He helped explain the market to us, set us up with an MLS app on our phones to view listings and gave us credit resources to help repair our credit history. We were able to get an idea of what we could afford and he issued a preapproval for us quickly. When times were tough the following year, he worked diligently to find a loan program that worked best for us. We had decided to purchase a new build and go through the builders lender in order to receive a significant closing cost incentive. Unfortunately the builders lender did not end up approving us just a couple of months before we were supposed to close. We went back to Tim and that's when he was able to work with us and do everything possible to help us. Luckily our closing date was pushed out and we had more time, but we certainly could not have made this happen with Tim and his team. He's professional, knowledgeable, available, friendly, patient and as first time home buyers, made us feel informed. No amount of thank yous could do him justice, but nevertheless Thank You Tim!

Devin Wiggins

I cannot recommend Tim highly enough.

My boyfriend and I recently bought a new home in Southern California and Tim Formica at Arbor Financial Group helped us get our mortgage. Even though interest rates are near historic lows, I wanted to shop around for the best deal I could find, to get the lowest possible payment. In my research I got pre-approved with three other lenders besides Tim. Tim, however, was able to provide us the best rate on a 30-year fixed rate mortgage compared to everyone else. He did it without us paying any points, and his lending fees were extremely competitive.

As we moved from the pre-approval process into escrow, the interest rate market moved lower and Tim was able to help us lock in an even lower rate than we were expecting!

Working with Tim was a breeze. He was easy to get a hold of by phone or text whenever we had questions. He was patient, very friendly, and competent; I had no problem trusting him. He explained documents simply, helped us know what to expect, and kept us constantly updated on the status of our loan.

Partway though the escrow process, we moved our closing date closer two separate times. Tim was a champion and adapted to help the loan approval and funding get done quickly enough to allow us close on time, despite the accelerated time frame.

I can confidently recommend Tim to anyone looking for not only a good deal on a mortgage, but also superior quality and concierge service.