Site icon Sun Pacific Mortgage & Real Estate – Hard Money Lender Since 1988!

Scary Loan Rescued for a Local Real Estate Agent’s Home Buyer

 

Scary Loan Rescued for a Local Real Estate Agent’s Home Buyer

A local Sonoma County realtor referred his Home Buyer to me after being  reminded about our Hard Money program by another busy Agent. I immediately called the Buyers and got them preapproved.

Because the Buyers were combining households, their debt did not qualify them for a 30 year jumbo fixed rate bank loan. They had found a dream home in Sebastopol they had to have and they were able to come up with a decent down payment.  Unfortunately due to debt, they could not qualify for a conventional loan.  This is where we came in!

Sun Pacific Mortgage was able to fund this home loan of $555,000 for 12 months and close this on time.

Their real estate agent was very pleased because it happened so quickly and smoothly and, of course, the Buyers were equally excited to accomplish the purchase of their dream property in Sebastopol!

If you are looking for a loan in areas such as Santa Rosa, Napa, San Jose, San Francisco, Sonoma County, Rohnert Park, or anywhere in Northern California or Southern California, give us a call to learn more about how our Hard Money programs can help you! (707) 523-2099

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