About

Scott Simonich.

Scott Simonich
Scott SimonichFounder & Chief Executive Officer

With over 30 years of dynamic leadership in the mortgage industry, Scott founded SiFi Lending as an institution for innovative lending solutions and a commitment to client satisfaction, while providing a complete loan origination platform for experienced mortgage professionals.

A visionary leader in the industry, Scott founded BWC Mortgage Services in affiliation with Bank of Walnut Creek in 1994 — pioneering the concept of bank–mortgage broker partnerships, the first of its kind in the nation. When Bank of Walnut Creek was acquired by First Republic Bank in 2006, he bought out the bank’s interest and took the company private.

In 2009 he sold half the company to Redding Bank of Commerce and rebranded as Bank of Commerce Mortgage. Following the company’s growth, he reacquired the bank’s 51% interest and established Commerce Home Mortgage in 2012. From there, CHM became a nationwide force with over 27 branches and more than $3 billion in annual closings. In 2018, he orchestrated the sale of the company to a private equity firm.

Over 24 years he grew Commerce Home Mortgage to more than 27 branches across multiple states, over 300 employees, and annual funded volume peaking above $3 billion — and was recognized as one of the top 100 mortgage executives in the country for more than 10 years of his career. In 2018 he executed the sale of the company to The Capital Corps, a Los Angeles investment firm run by former executives of Banc of California.

Born and raised in the Bay Area, Scott graduated with a BA in Business from St. Mary’s College and continues to invest in his community — helping those around him bring their visions to life across residential, commercial, and private capital lending.

24Years running Commerce
27+Branches, multiple states
300+Employees
$3B+Funded annually at peak
The Track Record

A career of building lenders.

1992

RPM Consumer Direct founded

Scott's first company — a consumer-direct lending operation built from scratch and sold two years later.

1994

RPM sold · BWC Mortgage founded

Exited RPM and immediately founded BWC Mortgage in partnership with Bank of Walnut Creek, a leading East Bay construction lender — pioneering the bank–mortgage broker partnership, one of the first of its kind in the nation.

2006

Taken private

After First Republic Bank acquired Bank of Walnut Creek, Scott bought out the bank's interest.

2008–09

Bank of Commerce Mortgage formed

Sold half the company to Redding Bank of Commerce, forming Bank of Commerce Mortgage. At the time, Simonich Corporation dba BWC Mortgage Services ran 21 offices across two states and was licensed in five.

2012

Buyback — Commerce Home Mortgage established

On the strength of the company's growth, Scott and Mario De Tomasi reacquired Redding Bank of Commerce's 51% interest and established Commerce Home Mortgage.

2013

Rebrand to Commerce Mortgage

Bank of Commerce Mortgage changed its name to Commerce Mortgage, effective March 2013.

2017

The Capital Corps transaction

The Capital Corps made a strategic investment in Commerce Home Mortgage. Scott and Mario De Tomasi became strategic investors in The Capital Corps.

2018

LoanStar acquisition — then the exit

Commerce Home Mortgage acquired LoanStar Home Loans, then Scott executed the sale of the company to The Capital Corps, a Los Angeles investment firm run by former executives of Banc of California. Street Smart Valuations, the appraisal management company built alongside it, sold the same year.

2018

Simar Holdings co-founded

Co-founded a financial investment company — the vehicle behind the private investment and capital work that continues today.

2024

SiFi Lending launches

Simonich Financial, Inc. was awarded its California Financing Law license by the DFPI, officially launching SiFi Lending.

2025

Scotsman Guide Top Originator

Named to the 2025 Scotsman Guide Top Originator list — adding to recognition as one of the top 100 mortgage executives in the country across more than 10 years of his career.