The Guy In The White Hat Comes To Homebuyers’ Rescue!
Ever since we opened our doors in Sonoma County in 1988, we’ve given extra care to round up people who have been “Turned Down Elsewhere?” – because of credit, income, the property or a combinations of these.
We are the local Hard Money Lender who can help rescue your deal…and get your Buyer into that Home!
Here are some Hard Money Buyers recently rescued…
Home Purchase – Purchase price $237,000. Buyers had a friend who loaned them the down payment of 20% as a 2nd mortgage. Purchase money first of $189,600. 100% combined loan to value!
Flipper – 80% Loan to Value (LTV) in Santa Rosa. Loan amount $315,000 on a fixer upper. 12% interest only for 12 months. This loan was done in 4 days!!
Owner Occupied Principal Residence Purchase – A conventional lender denied this loan due to a foreclosure. 50% Down. Loan amount $90,000 at 12% interest only. 10 days from application to recording!
Loan approval is based on just 2 criteria:
1. Good Down Payment
2. Ability to Repay
- FAST Private Money for purchasing in Sonoma County and contiguous Counties
- FICO is not a factor
- Up to 75% loan-to-value – Case by case basis
- Loan amounts from $75,000 to $400,000
- Owner Occupied and Investor Loans
SPECIAL NOTE: WE CAN DO A LOAN FOR SOMEONE FRESH OUT OF FORECLOSURE, BANKRUPTCY OR SHORT SALE!
CALL FOREST at 523-2099
Or email him at forest@sunpacmortgage.com
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