California's Hard Money Lender Since 1988

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Dislike Your Buyers Loan Being Turned Down – Again?

Sep 26, 2016  , , , ,

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We have helped rescue multitudes of turned down loans. Consequently, unhappy Home Buyers became very happy and thankful to the Agent or Broker who referred them to us.  

Sun Pacific Mortgage is uniquely qualified in that our underwriting is based on 2 things – loan to value and ability to repay.  Even our “ability to repay” is far more flexible than conventional underwriting.

We loan up to 70% of the value of the property and in some instances as high as 75%.  We do Jumbo Loans commonly.

See the below recently funded loans for a better idea of how we can help. Call us today at (707) 523-2099 or drop us an email with any questions or scenarios!

The Funded Loans Below Were All Turned Down Elsewhere:

Sea Ranch, California (Sonoma County)
Loan Program: Investment Property Purchase
Loan Amount: $245,000
Days To Fund: 5 days
Why Turned Down Elsewhere: Had FICO issues due to medical bills

 

Sunnyvale, California (Santa Clara County)
Loan Program: Investment Property Refinance
Loan Amount: $1,130,000
Days To Fund: 11 days
Why Turned Down Elsewhere: Owned “too many” properties

 

Guerneville, California (Sonoma County)
Loan Program: Owner Occupied Purchase Temporary
Loan Amount: $165,000
Days To Fund: 15 days
Why Turned Down Elsewhere: Property needed fixing

 

Indian Wells, California (Riverside County)
Loan Program: Land Loan Refinance
Loan Amount: $800,000
Days to fund: 11 days
Why Turned Down Elsewhere: Due to new employment didn’t have 2 years of taxes

 

North Highlands, California (Amador County)
Loan Program: Commercial Refinance
Loan Amount: $900,000
Days To Fund: 26 days
Why Turned Down Elsewhere: FICO was poor

 

Sebastopol, California (Sonoma County)
Loan Program: Owner Occupied Cash-Out Refinance
Loan Amount: $475,000
Days To Fund: 17
Why Turned Down Elsewhere: Had difficult to prove income, was self-employed

 

NOTE:  Get our financing despite credit score, difficult to prove income, need fast financing, property a fixer, etc.  We finance Jumbo loans, Bridge and short term loans, Primary Residence or Owner Occupied purchases and refinances, non-owner purchases for single and multiple units, some commercial and land!

“The Guy In The White Hat – Your Hard Money Lender”. Broker and Co-Owner of Sun Pacific Mortgage & Real Estate, family owned and operated in Sonoma County California since 1988. (CA BRE License #01000559. NMLS #289456)

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