STATE OF CALIFORNIA
DEPARTMENT OF REAL ESTATE


In reviewing a licensee's information, please be aware that license discipline information may have been removed from a licensee's record pursuant to Business & Professions Code Section 10083.2 (c). However, discipline information may be available from the California Department of Real Estate upon submittal of a request, or by calling the Department's public information line at 1-877-373-4542.
The license information shown below represents public information. It will not reflect pending licensing changes which are being reviewed for subsequent updating. Although the business and mailing addresses of real estate licensees are included, this information is not intended for mass mailing purposes.
Some historical disciplinary action documents may not be in compliance with certain accessibility functions. For assistance with these documents, please contact the Department's Licensing Flag Section.


License information taken from records of the Department of Real Estate on 6/3/2025 4:57:45 PM
License Type:
CORPORATION

Name:
Source Capital Funding Inc

Mailing Address:
600 W BROADWAY SUITE 700
SAN DIEGO, CA 92101

License ID:
01796521

Expiration Date:
04/27/26

License Status:
LICENSED

MLO License Endorsement:

237332 (Click here to check the status of the MLO License Endorsement.)

Corporation License Issued:
02/16/07

Former Name(s):
NO FORMER NAMES

Main Office:
600 W.BROADWAY SUITE 700
SAN DIEGO, CA 92101

Licensed Officer(s):
DESIGNATED OFFICER
01792194 - Expiration Date: 04/27/26
Ferrandi, Sacha Damian

01216308 - Expiration Date: 02/15/11
Maggio, Carl Stephen
OFFICER LICENSE EXPIRED AS OF 02/16/11

01468779 - Expiration Date: 02/15/11
Powell, Frank Robert
OFFICER LICENSE EXPIRED AS OF 02/16/11

DBA
Prospect Mortgage Group
ACTIVE FROM 02/26/2007 TO 04/29/2010

Prospect Realty Group
ACTIVE FROM 02/16/2007 TO 04/29/2010

Prospect Realty & Mortgage
ACTIVE FROM 07/30/2007 TO 06/24/2010

Red Leaf Management
ACTIVE FROM 01/12/2009 TO 03/29/2022

Red Leaf Servicing
ACTIVE AS OF 04/27/2018

Branches:
515 SOUTH FLOWER ST, 18TH FLR
LOS ANGELES, CA 90071

Salespersons:
02100487 - Burns, Ryan Robert
                  License Expiration Date: 07/16/2028

Comment:
08/07/20 - H-5171 SD FOR CORP AND OFFICER FERRANDI

01/19/21 - SUSPENDED 15 DAYS--STAYED FOR YEARS ON TERMS AND CONDITIONS

01/19/21 - FOR OFFICER FERRANDI SUSPENDED 15 DAYS--STAYED FOR YEARS ON TERMS AND CONDITIONS

01/25/21 - H-5171 SD RELEASED

10/14/24 - H-05823 SD FOR CORP & OFFICER FERRANDI

05/20/25 - H-05823 SD RELEASED

05/20/25 - SUSPENDED 60 DAYS--STAYED FOR 2 YEARS ON TERMS AND CONDITIONS

05/20/25 - FOR OFFICER FERRANDI SUSPENDED 60 DAYS--STAYED FOR 2 YEARS ON TERMS AND CONDITIONS

NO OTHER PUBLIC COMMENTS

Disciplinary or Formal Action
Documents:

H05171SD_200807_P.pdf

H05171SD_201210_P.pdf

H05823SD_241014_P.pdf

H05823SD_241224_P.pdf

>>>> Public information request complete <<<<