SNFC Purchases $3.8 Million Loan Portfolio Secured by Southern California Properties

multi-family housing

Salt Lake City, Utah, May 9, 2013 – Security National Financial Corporation (NASDAQ Symbol “SNFCA”) announced today the purchase of a $3.8 million portfolio of performing loans secured by multi-family and mixed-use properties located in Southern California. The properties securing the loan portfolio consist of three multi-family properties in Beverly Hills and Englewood, California, as well as two mixed-use and a commercial property in Lawndale and San Diego, California.

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