NMLS #87656

Michael Koran

Apply with Michael Koran


Michael “Mike” Koran is currently the Division President of San Francisco’s Primary Residential Mortgage which he co-founded in 2008. Since graduating with high distinction and honors from the University of California at Berkeley and the Haas School of Business, Mike has worked tirelessly to redefine the customer experience in the mortgage industry.

Utilizing his vast background in management, sales, and operations coupled with his unique ability to handle the most difficult situations with ease, Mike has catapulted to the top of every position he has held and has personally helped thousands of homeowners successfully fund their residential mortgage.

With more than $500,000,000 in closed origination volume, Mike has earned countless merits and awards and exemplifies the highest level of expertise and leadership in the mortgage industry, consistently receiving perfect reviews and ratings from all clientele across the board!

In addition to Mike’s dedication to his clients, business partners, staff and career, he is enthusiastic about every aspect of the world ranging from his yearn to learn about other cultures, travel avidly, play guitar and compose music, as well as compete in USTA tennis. Mike has spent time volunteering for the UN in refugee camps internationally and is a devoted father and husband. He is a great friend to all that know him, loves to be involved in the community and thrives to connect with people that inspire greatness.

Mike is licensed in California and Nevada.

Ryan Stevens Avatar
Ryan Stevens
Mike and Andrew were amazing! Very communicative throughout the process and always willing to jump on a call to answer any questions. They both know their stuff and are very helpful navigating the craziness of going through the mortgage process especially for the first time. I would highly recommend Mike and Andrew to anyone!
Benjamin Carr Avatar
Benjamin Carr
Mike is very responsive and there to answer all of your questions and mortgage insurance needs.
Pamela Strike Fullerton Avatar
Pamela Strike Fullerton
Mike and I just got our first-time homebuyer into a house in Berkeley that had multiple offers. Our client was pretty set on not spending over a certain amount. I called MIke and asked him to run the numbers and figure out how we could get a higher loan amount so she could get the property of her dreams In Berkeley. Mike was great, he figured it out and she was able to write the winning bid. Mike returned my phone calls immediately and responded in a very helpful way I would highly recommend him.
Sandy Lipkowitz Avatar
Sandy Lipkowitz
I wholeheartedly recommend Mike Koran to anyone in search of a mortgage lender. His professionalism, dedication and commitment to client satisfaction sets him apart from all the other ‘big bank’ and other lenders that are only transactional and don’t always have their clients best interest in mind. If you want a stress-free mortgage experience with a team that genuinely cares about your financial well-being, look no further! Mike does everything residential from purchase loans to Refinancing. Give him a call, you will not be disappointed!
Marcus Shapiro Avatar
Marcus Shapiro
Purchasing a home 3,000 miles away is certainly a daunting task but Michael Koran, Andrew Karcher, and the entire team at PRM made the entire transaction very smooth and they kept me very well informed at every step of the way. As a surprise to everyone, we were able to keep our ambitious 3-week closing schedule, (while living across the country) and this is largely thanks to Michael and his team. The swift action and prompt responses at every step of the way were next to none. Michael took the time to carefully explain to me every part of the process and even though we had a few hiccups along the way, Michael ensured that I felt heard and supported at every step of the transaction. Throughout the home-buying process there are always stressful moments, and especially in the 11th hour leading up to closing, but Michael and Andrew were always happy to take the time and they managed this interaction phenomenally. I would highly recommend Michael, Andrew and the entire PRM team to anyone looking to purchase a home in the Bay Area. I will certainly be using this team for all future real estate transactions and I could not recommend the experience more highly to anyone in my own network or anyone else in the market for lender or home-purchase.
Denise Cronan Avatar
Denise Cronan
Michael was incredibly helpful and responsive while we worked together with a client on an FHA purchase loan. No bump along the way was too much, every issue that arose was immediately resolved. I highly recommend his and PRMI's services! Incredible!
John Kim Avatar
John Kim
We encountered a highly intricate situation involving multiple loans, which made our case quite challenging. However, Mike and Andrew went the extra mile to assist us and ensure that purchasing our desired house was a realistic possibility. Their remarkable dedication, patience, and availability throughout the process were noteworthy. Above all, we truly felt their unwavering support as they represented us during negotiations with the sellers. Highly recommend!!
David Lao Avatar
David Lao
I worked with Michael on a few transactions in the last twelve months (not as a borrower but as a real estate agent sharing mutual clients). I engaged in multiple three-way conversations with him and our mutual clients. I can say that my clients so far have said only good things about him to me and I also only have good things to say about Michael. He's experienced, caring, confident, friendly, thoughtful, responsive, etc. Michael is also a great listener and knows what to say and when to say it. I really like that Michael is an excellent communicator. He is an ideal partner and I highly recommend him.
Blair Biddle Avatar
Blair Biddle
This is our 3 time using Mike and its again been a seamless experience. Our transaction was a difficult one and Mike and team led us through it with a calm and orderly manner.
Joan Gapasin Avatar
Joan Gapasin
If you’re in the market for a mortgage lender, look no further than Mike Koran at Primary Residential Mortgage. I recently worked with him on a home purchase for one of my clients and he was a rockstar from start to finish. Mike had great communication, keeping me and my client in the loop at all times. He was easy to reach, super friendly and most importantly, he got the job done. He made the home buying process a breeze and was a pleasure to work with.
Kayla Avatar
There is a reason for these good reviews. There is only so much due diligence you can do when you are a first time homebuyer. It makes all the difference when you have someone that you can truly TRUST in your corner. After the first 30 minute consultation, I knew Mike was going to be the lender for us. There is no one size fits all situation especially when it comes to home buying, but Mike knew how to handle our situation naturally. I was hesitant about pretty much everything. Every conversation we had that followed, was broken down to our understanding. Our conversations from beginning to end Mike made sure I was a priority. He never rushed our conversations, and moved appointments around to make sure his explanations were clear. He even made time for us on a Saturday afternoon. This is important especially if you are trying to make a bid on your dream home. We finally found a property to place a bid on, but we did not want to move forward based on inspections. Mike advised us and told us to not give up. It took a lot of effort/frustration, but because of his advice of staying persistent, we were able to get the house we wanted. I mean above and BEYOND customer service!! He worked with another person on his team by the name of Andrew, and he was just as helpful, kind, and patient. If it wasn’t for Mike, we were going to take a big break on the home buying process. Mike and Andrew are wonderful and I’m very grateful we found you through yelp. There are not enough stars or thanks to express our gratitude!
Michael Zaleski Avatar
Michael Zaleski
This is the ninth house I’ve purchased, and the first time I worked with Mike Koran. The other mortgage brokers, I worked with: one was abrasive, one was shady, the others forgettable. Then came Mike Koran. Mike is totally sophisticated when it comes to a complex situation. Totally creative, in fact, my mortgage didn’t even come from a bank or traditional lender, but Mike found a private funder for my loan because my situation is complex. Some valuable information about Mike if you were thinking of getting a mortgage broker: a very personable guy and excellent communicator. Very detail oriented and hyper-intelligent. Fantastic collaborator with the rest of your house purchase team, which becomes incredibly important if things go sideways and everyone on your team needs to be in fast response and quick communication with each other before the proverbial “you know what” hits the fan. He also has a great support staff. Reliable, personable, capable. He is my new mortgage, guy, forever, and I will be recommending him to anyone who will listen. Thank you so much, Mike!
Damilola Aluko Avatar
Damilola Aluko
As a first-time home buyer, Michael was very responsive in addressing all my concerns and kept me informed on all the steps that were required to close on my loan. In addition to setting proper expectations for what was required from me, Michael and his staff also informed me of the pros and cons of loan modifications so that I could make the best suited decision for my circumstances. The entire process was smooth and pleasing because of Michael's help.
Joan Laguatan Avatar
Joan Laguatan
I've referred Mike to numerous clients over the years to obtain loans who were very happy with his services. I am a real estate broker and it is crucial to have a reliable, friendly, professional on the mortgage end of things. There are so many moving parts to real estate transactions, and Mike has given me the confidence to know that my clients will be well-taken care of through closing. and when considering their options. Especially when factoring multiple competitive offers, contingencies, and document requests - the process of buying a property can get stressful and emotional for people, but Mike is an excellent communicator keeping people informed and managing expectations. I highly recommend Mike without reservation, he is extremely knowledgeable, experienced and trustworthy.
Christine Lau Avatar
Christine Lau
Mike is wonderful to work with! I first met Mike when I was the Listing Agent on a property and he was handling the loan for the Buyer. He was on top of things every step of the way and we even closed several days early. I was so impressed with our first experience working together that I've since reached out to Mike for help with my own Buyer clients. He is incredibly responsive, great with communication and follow up, very knowledgeable on anything loan-related and just a pleasure to work with. Thanks for all your help, Mike, we appreciate you!