About American Bay Financial
Boutique mortgage lending for homeowners and real estate investors in Irvine, Aliso Viejo, and Orange County—specializing in FHA, Conventional, Bank Statement, DSCR, VA, and Reverse Mortgage solutions.
Our Mission & Values
At American Bay Financial, our mission is to provide consumer clarity, investor expertise, and unwavering integrity in every mortgage transaction. We believe in transparent lending, fast execution, and personalized service that puts your goals first.
Our Story
American Bay Financial was founded on a simple principle: mortgage lending should be transparent, efficient, and tailored to each borrower's unique situation. With over 23 years of experience in the mortgage industry, founder Shaun R. Lallani (NMLS #2711575) recognized a gap in the market for boutique lending that combines traditional QM expertise with specialized Non-QM solutions.
What started as a commitment to serve first-time homebuyers in Orange County has evolved into a full-service mortgage operation specializing in both conventional financing and alternative lending programs. Today, American Bay Financial serves homeowners, self-employed professionals, real estate investors, veterans, and senior borrowers throughout Irvine, Aliso Viejo, and surrounding communities.
Our evolution reflects the changing needs of California borrowers. As traditional lending guidelines became more restrictive, we expanded our Non-QM capabilities to serve self-employed borrowers through bank statement loans and real estate investors through DSCR financing. We've maintained our commitment to compliance, education, and personalized service while adapting to meet modern borrower needs.
Shaun R. Lallani
Founder & Principal Loan Officer | NMLS #2711575
With 23+ years in mortgage lending, Shaun has helped thousands of families achieve homeownership and investors build rental portfolios. His expertise spans conventional agency lending, FHA/VA government programs, and specialized Non-QM solutions including bank statement and DSCR loans.
Shaun's approach emphasizes education, transparency, and long-term client relationships. He believes informed borrowers make better decisions, and takes time to explain options, compare scenarios, and ensure clients choose the right loan for their goals.
What We Do
American Bay Financial offers a comprehensive suite of mortgage solutions for diverse borrower needs. From first-time homebuyers to seasoned real estate investors, we have programs designed to help you achieve your homeownership and investment goals.
Who We Serve
- First-Time Homebuyers: FHA and Conventional loans with low down payments and flexible credit requirements
- Self-Employed Professionals: Bank Statement loans that qualify you based on cash flow, not tax returns
- Real Estate Investors: DSCR loans based on rental property income, perfect for portfolio growth
- Veterans & Active Duty: VA loans with zero down payment and no monthly mortgage insurance
- Senior Borrowers: Reverse mortgages for homeowners 62+ seeking to tap home equity without monthly payments
- Move-Up Buyers: Conventional financing with competitive rates for qualified borrowers
Why Choose American Bay Financial
How We Work
Our streamlined process ensures you know what to expect at every stage, from initial consultation to post-close support.
Discovery
We learn about your goals, property type, income structure, and timeline to recommend the best loan pathway.
Scenario Modeling
Compare QM vs Non-QM options, run numbers on different down payments, and identify the optimal program.
Document Collection
Gather required documentation—tax returns, bank statements, rental agreements, or other income verification.
Underwriting
Submit to underwriting with complete file, respond quickly to conditions, and keep you informed.
Clear to Close
Final approval received, closing disclosure reviewed, and closing date scheduled.
Funding
Sign documents, funds disbursed, and keys handed over—your loan is complete.
Post-Close Support
Ongoing relationship for future purchases, refinances, or portfolio expansion guidance.
Investor & Non-QM Expertise
American Bay Financial specializes in Non-Qualified Mortgage (Non-QM) lending for borrowers who don't fit traditional agency guidelines. Our expertise in DSCR and bank statement loans opens doors for real estate investors and self-employed professionals who have been underserved by conventional lending.
DSCR Lending Philosophy
DSCR (Debt Service Coverage Ratio) loans evaluate rental property cash flow, not your personal income. This approach is ideal for investors with multiple properties, those with complex tax returns, or anyone who wants to qualify based on the investment property's performance rather than W-2 income. We analyze rental agreements, market rent appraisals, and property expenses to structure competitive DSCR financing.
Bank Statement Loan Clarity
Self-employed borrowers often show lower taxable income due to legitimate business deductions. Bank statement loans solve this by analyzing 12-24 months of deposits to calculate qualifying income. We work with business owners, freelancers, contractors, and gig economy professionals to structure loans based on actual cash flow rather than tax returns.
Risk Clarity & Education
Non-QM loans typically carry higher interest rates than agency loans due to increased lender risk. We believe in transparent conversations about rate, fees, prepayment penalties, and long-term costs. Our goal is to ensure you understand the trade-offs and choose the loan that best fits your investment strategy or financial situation.
Reverse Mortgage Commitment
Reverse mortgages are powerful financial tools for seniors 62 and older, but they're not right for everyone. At American Bay Financial, we take a suitability-first approach to reverse mortgage lending, ensuring you understand how these loans work, what obligations remain, and whether tapping home equity aligns with your retirement goals.
Education & Counseling
All reverse mortgage borrowers must complete HUD-approved counseling with an independent third-party counselor. This requirement protects you by ensuring you understand loan terms, costs, and alternatives. We coordinate counseling, answer questions after your session, and provide additional resources to help you make an informed decision.
Safeguards & Protections
Reverse mortgages include important borrower protections: you retain home ownership, can never owe more than the home's value (non-recourse feature), and have no monthly payment obligations as long as you live in the home and maintain property taxes, insurance, and upkeep. Non-borrowing spouses have protections to remain in the home even after the borrowing spouse passes away.
Learn More About Reverse Mortgages
Visit our dedicated reverse mortgage page for detailed information, calculators, and FAQs.
Explore Reverse Mortgage OptionsCommunity & Service Areas
American Bay Financial is proud to serve homeowners and investors throughout Orange County, California. Our primary markets include Irvine, Aliso Viejo, and surrounding communities where we have deep knowledge of local real estate trends, property values, and investment opportunities.
Orange County Expertise
Orange County's diverse housing market—from coastal properties to inland investment opportunities—requires lenders who understand local nuances. We work with borrowers in Irvine's master-planned communities, Aliso Viejo's family-friendly neighborhoods, and throughout South Orange County's dynamic real estate landscape. Our relationships with local real estate professionals, appraisers, and title companies ensure smooth transactions.
Broader Geographic Reach
While our core expertise is in Orange County, some of our loan programs may be available in additional California markets and select states through our lending partnerships. Program availability, licensing, and product offerings vary by location. We encourage you to contact us to confirm which programs are available in your target area.
Verify Program Availability
Lending regulations and product availability vary by state. Contact us to confirm which loan programs are available in your location and to discuss your specific financing needs.
Credentials & Compliance
American Bay Financial L.L.C.
Company NMLS #2711575
Shaun R. Lallani
Principal Loan Officer | NMLS #2711575
American Bay Financial operates with LoanStream Mortgage (OCMBC, Inc., NMLS 2125). Product availability and licensing vary by state. Please verify program availability in your location before proceeding.
Equal Housing Opportunity. We do not discriminate on the basis of race, color, religion, national origin, sex, handicap, or familial status in our lending practices.
Frequently Asked Questions
Ready to Get Started?
Whether you're buying your first home, refinancing, or building a rental portfolio, American Bay Financial has the expertise and programs to help you succeed.
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