California Only. Trusted Private Money Lenders Since 1988!

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Recently Funded – Most Popular: Alt-A Loan!

Aug 29, 2019  , , , , , ,

Most Popular: Alt-A Loan!

Any Home Buyer or Borrower who just misses qualifying for regular “A-paper” financing, this one-of-a-kind Hard Money loan program is for them:

 Lower rates from 6% – 8%!
 Good credit (640 and up)
 Loan To Value 64% or less
 Property in good condition & location

Recently Funded – Greatly Benefiting From This New Program: 

Location:  Santa Rosa, Sonoma County
Why Came To Us: Loan disapproved due to last-minute issue with proof of income.
Scenario: Realtor called us on day 27 of 30-day close of Escrow for a fast loan.
Loan Size: $946,870 and a low 35% LTV.  
Days To Finish:  3 days!

Location:  Mill Valley, Marin County
Why Came To Us: Buying as an LLC which confused Lender so couldn’t perform in timely fashion. 
Scenario: Perfect Borrower with great credit & income. Waited too long due to unnecessary confusions with underwriting and was about to miss out on a business investment. Needed fast loan to save the transaction. 
Loan Size: $599,000 and LTV 59%
Days To Finish: 4 days!

Location:  Kentfield, Marin County
Why Came To Us: Turned down by her bank at last minute.  
Scenario: Needed to complete renovations to then sell house. 
Loan Size: $680,000 with LTV just under 50%.  
Days To Finish:  7 days!

If you have any questions or scenarios for us, just call 707-523-2099.  We will let you know quickly what we can do for you!

The content of this blog contains general advice only and does not consider individual financial circumstances, desired loan amounts or existing real estate or lending transactions. This information is intended for licensed Real Estate Agents and licensed Lenders/Mortgage Brokers and is posted on our company website and specific blog sites with the express purpose of reaching such licensed individuals.

“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)

Proven Trustworthy By Over 10k Borrowers