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Recently Funded Deals – The Holidays Can Be Brighter

The Holiday season is right around the corner. This time seems to bring about the need for more money: Thanksgiving family get-togethers travel and Christmas presents!

Why not make this Holiday season less stressful, more joyful and just easier with a house or investment property refinance? Or, how about getting a hard money loan to buy your family a home for the Holidays?!

We hope some of the below recently funded deals will further enlighten you as to how we can help you, your client, a friend or family member. Besides non-owner occupied financing, we offer principal residence financing including short term or bridge financing anywhere in California.

Call Us Today at 707-523-2099 with your real estate finance scenarios and see how we can help!

Best,

Forest & Ken, The Guys in the White Hats
P.S. We love referrals!

RECENTLY FUNDED DEALS:

NOTE: Get our financing despite credit circumstances, self employed difficult-to- prove income, need of fast financing, property a fixer, etc! We finance investment properties, owner occupied properties, multi-units, some commercial and land throughout California.

SANTA ROSA, CA
Type: Non-Owner Business Purpose
Amount: 250,000
Days to fund: 10 days!
Reason needed: Difficult to prove income

COTATI, CA
Type: Owner Occupied Refinance 2nd
Amount: 200,000
Days to fund: 12 days!
Reason needed: Self Employed

SAN RAFAEL, CA
Type: Owner Occupied Purchase
Amount: 328,000
Days to fund: 7 days!
Reason needed: Needed cash fast for closing

NUEVO, CA
Type: Investment Property Refinance
Amount: 340,000
Days to fund: 19 days!
Reason needed: Owned multiple properties

SOUTH LAKE TAHOE, CA
Type: Fix and Flip purchase
Amount: 287,000
Days to fund: 18 days!
Reason needed: Property condition poor

SACRAMENTO, CA
Type: Owner Occupied Purchase
Amount: 362,000
Days to fund: 14 days!
Reason needed: Credit Poor

RANCHO PALOS VERDES, CA
Type: Non Owner Cash-Out Bridge
Amount: 460,000
Days to fund: 14 days!
Reason needed: Needed Cash Fast to Close on Another Property

Is It Still A Good Time To Buy A House In California?

The answer would be, “YES!”.

Now is still a great time to become a homeowner, especially as shown in the recent KCM blog Buying a Home Remains 35% Less Expensive than Renting!, wherein it states “Nationally, rates would have to rise to 10.6% for renting to be cheaper than buying – and rates haven’t been that high since 1989.” (Original link below.)

hot-real-estate-market1

In California there are numerous types of real estate financing for a traditional or conventional home loan. However, for a home buyer who has bad credit or poor FICO, needs fast funding, wants to buy a fixer property or is self employed with difficult to prove income, then there is alternative financing known as Hard Money or Private money loans.

No matter if you live in sunny San Diego of Southern California, on up the Pacific coast of Monterey Bay, through Northern California cities including San Francisco, Santa Cruz & Marin, all of Sonoma County and on up through Humboldt to the Oregon border, Hard money financing could be beneficial if your loan has been turned down elsewhere.

Contact your local Broker or Loan Originator and GET PRE-QUALIFIED. Even if you think you don’t qualify – find out for sure! It truly is just a math equation as to what loan program is best for you, to be able to buy now.

Best, Ken – Another Guy in the White Hat
Lead Loan Originator at family owned and operated Sun Pacific Mortgage & Real Estate, a Hard Money Broker serving all of CA since 1988!
(707) 523-2099
www.Sunpacmortgage.com
BRE license #01858042. NMLS #1221130

The KCM blog link:
http://www.keepingcurrentmatters.com/2015/10/19/buying-a-home-remains-35-less-expensive-than-renting/?utm_source=feedburner&utm_medium=email&utm_campaign=Blog_Promo

Want To Buy a Home But Loan Keeps Getting Turned Down?

bridge loan 1Do you have loan approval issues due to poor credit? Are you self employed with difficult to prove income? Or are you just tired of calling and searching for someone who is licensed and trustworthy to help get you the loan you need or want?
If your answer is “Yes” to any of these questions, then read on!
This is where my alternative finance company can step up. We have been in business for over 28 years and I am a licensed California Broker as well as have a National Mortgage License. We have the experience under our belts and the honesty comes in by being family owned and operated with returning customers again and again, as well as referrals from them, since 1988.
Home prices and values are on the rise, which just means if you are thinking of buying a house, you want to do it sooner than later to keep your monthly mortgage payments from increasing.
This is proven quite simply in a recent Press Democrat article “Q3 Market Summary” by Jonathan Soh, Brokerage Manager of Sotheby’s International Realty Wine Country Brokerage wherein he states in the Santa Rosa Marketing Summary (Single Family Homes), “Average Sales Price increased by 3% from $537,967 in Q3 2014 to $555,438 in Q3 2015…”
Anyone who lives in California, or wants to live in California: Southern CA and Northern CA – yes, this includes Sonoma County, Monterey, Santa Barbara, Napa, San Mateo, Marin, etc. – and is having problems getting a loan, give us a call and see how we can help!
Still want proof we can help? Check our what our past borrowers and real estate agents we’ve work with have to say: https://www.sunpacificmortgage.com//all-testimonials/
It can’t hurt to call us at 707-523-2099 and find out what hard money loan programs we have to match your real estate scenario.

Best, Forest – The Guy in the White Hat
Hard Money Broker and Owner at family owned & operated Sun Pacific Mortgage and Real Estate, Serving all of California Since 1988! CA Bur Real Estate ID #01000559. NMLS ID #289456

History Behind Fix & Flip Financing, a.k.a. Hard Money Loans

historybehindfix
History Behind Fix & Flip Financing,
a.k.a. Hard Money Loans

Knowing exactly what hard money is, and not what someone else thinks it is, can be helpful now and in the future.

In August, the Trust Deed Capital Blog came out with “The History Behind Fix and Flip Financing” (link and article below). This hard money article got me to thinking how many home buyers I have spoken to, as well as numerous Real Estate Agents. A majority of them do not truly know what a hard money loan, also known as private money, and it’s actual benefits.

This type of real estate financing is not only useful for your California “fix and flips” or “remodel & resell” properties but it can be quite helpful to individual home buyers who have been turned down elsewhere for a mortgage or refinance due to poor credit, self employed with difficult-to-prove income, etc. It can also be helpful to an Investor who owns multiple properties and therefore is not qualified for another mortgage on another rental – at least per his bank and local credit union.

Being sure you have an experienced and licensed Broker to help with a hard money loan is very important. You want to make sure you are getting the facts and with integrity.

If you are in Southern California areas like Santa Barbara, Glendale and Arcadia or how about Northern California areas like Santa Rosa, San Francisco and Santa Clara, we are always available to answer any of your questions or help you out with a hard money alternative financing.

Best, Forest – The Guy in the White Hat
Office # 707-523-2099
www.sunpacmortgage.com

Co-Owner and Hard Money Broker at family owned and operated Sun Pacific Mortgage & Real Estate, serving all of California since 1988!
CA BRE #01000559. NMLS #289456

The History Behind Fix and Flip Financing
Posted by Ken Meyer on Tues, Aug 04, 2015
http://www.trustdeedcapital.com/blog/the-history-behind-fix-and-flip-financing?utm_source=hs_email&utm_medium=email&utm_content=21054979&_hsenc=p2ANqtz-8fR8xTNrYRcYQNeGNFTEfWaABY07Bi1wmRTZuVt7ZJvsXT-rjKCu7Ky1QSz4gv_Ibc9FvfTOgYI1NchSLFgtPJvIPZcw&_hsmi=21054979

Is Hard Money For You?

IS HARD MONEY FOR YOU?

Hard money loans aren’t for everyone, but, those with less than stellar credit, needing a quick loan, wanting to fix up a property, all fall within the parameters of why hard money is beneficial.

If a Borrower qualifies for conventional or traditional financing, I tell them. Not only is it legal but it is the right thing to do.

However, what about those who want to buy a dump property and fix it up? What about the home buyer who was just turned down by their bank for a home loan yet they are already in Escrow and need a loan quickly so they don’t lose out on that house? What about someone with a bankruptcy within the past couple of years?

A Hard Money loan is the answer.

There was a good blog posted by Trust Deed Capital in August called “Quick Hard Money Loan Structure Explained”, that explains in pretty good detail what hard money is and how it is beneficial money-guy-walking-with-bag-of-money(link to article below).

After 28 years in Sonoma County, our family company has helped thousands of home buyers and home owners, investors and other real estate agents and lenders to get a hard money loan and accomplish the deal they were working on!

Anyone who lives in or wants to live in California – Northern CA and Southern CA ( yes, this includes Sonoma County, Monterey, Santa Barbara, Napa, San Mateo, Marin, etc.) who is having problems getting a loan, give us a call and see how we can help.

Best, Forest – The Guy in the White Hat
707-523-2099

Hard Money Broker and Owner at family owned & operated Sun Pacific Mortgage and Real Estate, Serving all of California Since 1988!
CA Bur RE ID #01000559. NMLS ID #289456

Quick Hard Money Loan Structure Explained:
http://www.trustdeedcapital.com/blog/quick-hard-money-loan-structure-explained?utm_source=hs_email&utm_medium=email&utm_content=21218492&_hsenc=p2ANqtz–DeNuMOJJRwxQxB7lBRu1wPaOfUeiIaA0RnKHG9ydpF5sExHcEsZivjx6BLuIfZha8htH7rsV9QHtc-82jJFpX_ZAuGA&_hsmi=21218492

Don’t Give Up. You COULD Qualify To Buy A Home NOW.

Don’t Give Up. You COULD Qualify To Buy A Home NOW.

Home buying CAN become a reality. There are many loan programs available and families might just qualify to buy now – but they have to look for experienced lenders and agents to help get them all the information out there. DON’T GIVE UP.

Persistence. Experience. Sincerity. Caring. These are traits any Realtor and Lender or Broker should have when you decide to work with them. You need to know all your options for BUYING NOW.

Cost-Of-Waiting-KCMThe KCM Crew just wrote another great blog called “The Cost of Waiting To Buy a Home”. It lays it out pretty clearly how waiting to save up for more of a down payment or waiting until your credit is the highest you can get it, just costs you more money down the road when you actually buy your home.

Stop waiting, wondering and hoping. It’s time to take action and find your local licensed, experienced, honest and persistent Agent who can provide you with what you need to get into a home – sooner than later.

If you want any information about alternative financing due to poor credit, difficult to prove income, property a fixer, etc. then don’t hesitate to call my office at 707-523-2099 and we can provide this. We are located in Santa Rosa and have been offering hard money loans (also known as private money) for over 28 years. We offer $100,000 on up to jumbo size loans in the North bay areas, South bay areas and actually throughout all of California.

Best, Forest – The Guy in the White Hat

Hard Money Broker of family owned and operated Sun Pacific Mortgage & Real Estate company, serving all of California since 1988! www.sunpacmortgage.com
CA BRE License #01000559. NMLS #289456

Original KCM blog link: http://www.keepingcurrentmatters.com/2015/09/16/the-cost-of-waiting-to-buy-a-home/?utm_source=feedburner&utm_medium=email&utm_campaign=Blog_Promo

Recently Funded Deals – The Buck Stops Here

Recently Funded Deals – The Buck Stops Here

Being the last hope for an individual or family to buy a home or an investment property is not just a job for us but something we are proud we can be.

We hope the following recently funded deals shows you how we can help you, your client, a family member or friend, anywhere in Sonoma County and all throughout California for that matter.

“The Sun Pacific Team is extremely knowledgeable with decades of experience. They also really care about their clients, are efficient and provide the lowest stress possible. I would hire Sun Pacific again, without hesitation, for my next home buying experience.” Regards, Karen

Call Us Today at 707-523-2099 with your real estate finance scenarios and see how we can help.

Best,
Forest & Ken, The Guys in the White Hats

P.S. We love referrals!

guys

RECENTLY FUNDED TRANSACTIONS:

NOTE: Get our financing despite credit circumstances, self employed difficult-to- prove income, need of fast financing, property a fixer, etc! We finance investment properties, owner occupied properties, multi-units, some commercial and land throughout California.

SANTA ROSA, CA
Type: Rental Properties Refinancing
Amount: 531K
Days to fund: 8 days
Reason needed: Bankruptcy in the past years

BERKLEY, CA
Type: Investment Property Purchase
Amount: 593K
Days to fund: 22 days
Reason needed: Short Sale still on record

RIVERSIDE, CA
Type: Owner Occupied Bridge
Amount: 355K
Days to fund: 14 days
Reason needed: Property condition poor

ROHNERT PARK, CA
Type: Principal Residence Purchase
Amount: 232K
Days to fund: 8 days
Reason needed: Difficult to prove income

SANGER, CA
Type: Owner Occupied Short Term
Amount: 199,000
Days to fund: 8 days
Reason needed: Credit Poor

OAKLAND, CA
Type: Commercial Property Purchase
Amount: 221K
Days to fund: 24 days
Reason needed: Owned multiple properties

FALLBROOK, CA
Type: Owner Occupied Purchase
Amount: 703K
Days to fund: 22 days
Reason needed: Self Employed

Click this link for our rate sheet, showing the programs we offer.

CALL TODAY, The Guys In The White Hats at
(707) 523-2099

 

Ever Thought About Becoming A Private Investor And Investing In Real Estate Trust Deeds?

Hard Money, also known as Private Money, plays an increasingly significant part of today’s real estate financing.   Just within the past couple of weeks, our company funded a jumbo loan of $803,000 on an owner occupied purchase in Berkley; A $593,000 for an investment property purchase by San Diego and another jumbo size loan of $850,000 for a refinance of some rental units by San Francisco.
For those with tarnished credit, self employed and difficult to prove income or if the property needs fixing so won’t qualify for conventional financing – Hard Money is the only option, and, it could be the strongest option at times for making the better offer, getting that one property you have set your sights on, etc.

This KCM infographic provides another reason real estate selling, buying and investing is beneficial to more than just one person or family:  Economic Impact of Every Home Sold

http://www.keepingcurrentmatters.com/2015/09/11/economic-impact-of-every-home-sold-infographic/?utm_source=feedburner&utm_medium=email&utm_campaign=Blog_Promo

CaptureIf in need of a hard money loan or if you are interested in investing in trust deed offerings for California real estate, send me a message or call my office 707-523-2099 and see how we can help.  We have been in business since 1988 and are always looking for more investors for our hard money lending business.

Best,

 Forest – The Guy in the White Hat

Hard Money Broker of family owned & operated Sun Pacific Mortgage & Real Estate, serving all of California since 1988!   www.sunpacmortgage.com    707-523-2099

CA BRE License #01000559. NMLS #289456

 

 

 

 

Stop Wondering If You Qualify For A Home Loan

You owe it to yourself/your family to truly FIND OUT from numerous experienced Lenders, what the available [and new] multiple loan programs are!
100 dollar bill and sign

Wondering If You Qualify For A Home Mortgage?  Find Out For Sure!

Are you someone who does not think they should bother contacting an experienced and licensed Mortgage Broker or Lender as you “already know you aren’t qualified”?

Well, change that thought!

Pick up your phone, get onto your computer for an internet search or just walk in to a good local Lender.  There are numerous loan programs available. Find out which loan program best suits you.  And don’t just go to a bank.  Also go to local Brokers and portfolio type lenders (such as a Credit Union).  Even consider Hard Money or Private Money financing as these have less credit hassle financing.

Whether you need an investment property refinance or a jumbo loan to buy that big family house in Santa Rosa, San Francisco or Marin, or, how about in Monterey Bay or another beautiful California city? ALL Programs should be considered as you could be missing out on that specific home mortgage which you do qualify for!

It can’t hurt to find out for sure, from experienced and licensed mortgage professionals.  You may just be happy you asked.  You could soon become a new homeowner!

This Keeping Current Matters Blog should help further dispel any such idea:

“What Do You Really Need to Qualify for a Mortgage?”  http://www.keepingcurrentmatters.com/2015/09/03/what-do-you-really-need-to-qualify-for-a-mortgage/?utm_campaign=Blog_Promo&utm_medium=Social&utm_source=Facebook&utm_content=dailyblogpost

Best, Ken

Lead Loan Originator at Family owned & operated Sun Pacific Mortgage & Real Estate, Hard Money Broker Serving all of CA Since 1988!   707-523-2099 www.Sunpacmortgage.com

CA Bur Real Estate License #01858042 and NMLS #1221130

Recently Funded Deals – Multiple Programs

 

The variety of our recently funded transactions hopefully give you a clearer understanding of how we can help you and/or your clients with our alternative financing throughout Sonoma County, North Bay areas and all the rest of California!

“Thanks to your entire team for all of your hard work, patience and for going the extra mile to ensure my dad’s loan went through as soon as it possibly could.  I am overall impressed with how efficient you are in particular and how much the details are important to you…a great experience, mainly due to how easy it is to work with you, so many thanks for that!”

Regards, Sarah

Call Us Today at 707-523-2099 with your real estate finance scenarios and see how we can help!

Best,

Forest  & Ken – The Guys in the White Hats

P.S. We love referrals!

jpeg

RECENTLY FUNDED TRANSACTIONS:

NOTE:  Get our financing despite credit circumstances, self employed difficult-to- prove income, need of fast financing, property a fixer, etc! We finance owner occupied, non-owner, multi-units, some commercial and land throughout California. 

 jpeg

Click this link for our rate sheet, showing the programs we offer.

CALL TODAY, The Guys In The White Hats at

(707) 523-2099

See our website at: www.sunpacmortgage.com

png

       Alternative Financing Broker Serving California since 1988!

800 Mendocino Ave. Ste 2

Santa Rosa, CA 95401

(707) 523-2099
www.sunpacmortgage.com

Forest CA Bur of Real Estate license #01009559 and NMLS #299456
Ken CA Bur of Real Estate license #01858042 and NMLS #1221130

 

 

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