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Hot Summer Financing!

2 Copy Turned Down By Your Local Lender For A Refinance Or Purchase Loan - Because Of Credit Issues, Difficult-To-Prove Income, Property Doesn’t Qualify?

Turned down by your local lender for a refinance or purchase loan – because of credit issues, difficult-to-prove income, property doesn’t qualify?

These aren’t a problem for us! Let’s work together to help you or someone you know get into their dream home.

Recently Funded With Our HOT Summer Programs:

Program: Owner Occupied Refinance, Business Purpose
Loan Size: 705k
Location:  Sonoma County
Days To Fund: 6 Days
Why Came To Us:  Self-employed with difficult to prove income

Program: Non-Owner Occupied Purchase
Loan Size: 631k
Location:  Sacramento County
Days To Fund: 11 Days
Why Came To Us:

Program: Owner Occupied Bridge Purchase
Loan Size: 615k
Location:  Contra Costa County
Days To Fund: 13 Days
Why Came To Us: Sellers didn’t want a sale contingency offer so Borrower got our fast Bridge loan to remove this contingency & got their offer accepted!

Program: Owner Occupied Cash out for Business Purpose
Loan Size: 581k
Location:  Monterey County
Days To Fund: 15 Days
Why Came To Us:  Had free and clear property but had credit issues and wanted to debt consolidation to improve FICO

Just call us at 707-523-2099 or visit our website at www.sunpacificmortgage.com to see what we can do to help!

Hot Bridge Loan Financing – Available Now!

Alt A Private Money Program 2 With Our Fast &Amp; Flexible Bridge Financing Program, Real Estate Activity Can Be Increased And Benefit Many Homebuyers!  See Below For A Few Of The Hot Benefits:HOT SUMMER BRIDGE LOANS!

With our fast & flexible Bridge financing program, real estate activity can be increased and benefit many homebuyers!  See below for a few of the hot benefits:

  • Remove the stress of having to get into contract on a new home before one sells your current house.
  • Purchase offers can be extra strong as private money is the next best thing to an all-cash offer.
  • Buyers can close fast as we can fund fast (7 days or less to close)!

Call us at 707-523-2099 or visit our website at www.sunpacificmortgage.com back with any questions or scenarios – we’ll quickly get back to you with what we can do to help.

Wave Breaking Speed – Big Loan of the Week

Image5 We’ve Got Those Fast Private Money Programs That Can Get Your Home Purchase Or Refiance Funded Just In Time For Summer!  See Below For Our Loan Of The Week:

We’ve got those FAST Private Money Programs that can get your home purchase or refiance funded just in time for Summer!  See below for our Loan of the Week:

Loan of the Week

Broker reached out about a Homebuyer who needed a fast $799,000 loan to complete a purchase with close of Escrow in just 2 weeks.  Buyer had credit over 750, made great monthly income, had a good down payment but wanted to buy in an LLC so was being turned down by Underwriting.

We had no issue with this and we’re able to “make waves” with our unique private money program, getting this loan financed in just 8 days!

Visit our website or just call 707-523-2099 and we’ll let you know how we can work together to get the fast financing you need.

We Can Help –  Despite Being Turned Down Elsewhere!

Trsued For Over 3 Decades, Hand Shaking

If you or someone you know is trying to refinance or buy a house and needs this done fast or is having difficulty elsewhere, we can help.

At our family owned and operated company, we have helped well over 10,000 Borrowers/Buyers with our FAST Private Money Programs – just like we did below:

Loan of the Week

A Buyer and her Broker from Santa Clara County reached out to us, desperate to save a home purchase. The Buyer was in Escrow but had just been turned down by Underwriting, due to some last-minute credit issue.  A loan of 1 million was needed immediately and with the Borrower’s big down payment and lower LTV, we quickly got this loan approved and funded in just 11 days!

If you find yourself in need of fast financing or just having difficulty elsewhere getting a mortgage, give us a call at 707-523-2099 or visit our website at www.sunpacificmortgage.com.  With 35 years in business, we’ll quickly let you know what we can do to help!

 

S.F. Peninsula Real Estate Report for May 2023

San Francisco Peninsula Housing Market

The housing market continues to surprise even the most knowledgeable experts. What was supposed to be a collapse of the market has turned out to be a thriving one, at least on the San Francisco Peninsula.

Looking at the data from last month, the sales price continues to outpace the list price and the average days a property stays on the market is unbelievably low.  Here’s a look at the average sales price and the average days the property stayed on the market:

Menlo Park: $3,598,962 3% above list 12 DOM

San Carlos: $2,463,000 5% above list 12 DOM

Foster City: $2,408,637 5% above list 11 DOM

San Mateo: $2,172,245 7% above list 10 DOM

Belmont: $2,299,655 3% above list 19 DOM

Burlingame: $2,994,550 1% above list 12 DOM

It appears that the housing market is still doing well in these cities by the bay!

If you are considering buying or refinancing your property on the Peninsula or anywhere else in California or Hawaii, give Sun Pacific Mortgage a call at 707-523-2099. We have been offering fast, private loans for 35+ years and have many happy clients and investors – and we’d be happy to help you too!

Has It Really Been Over 3 Decades?

Bridge Private Money Program 1 Copy Trusted Lender For 35 YearsTrusted Lender For 35 years

Is your mortgage loan being turned down by other Lenders? Or just in need of a fast, short term home loan?

This is where we can help you or someone you know, with our fast, flexible alternative finance programs – also known as Private Money – just like we did below:

Recently Funded

Program: Primary Residence Refinance
Loan Size: 990k
Location: Contra Costa County
Why Came To Us: Borrower had poor credit and wanted to consolidate debt on high rate credit cards.

Program: Investment Property Refinance
Loan Size: 705k
Location:  Monterey County
Why Came To Us: Property condition poor and wanted the cash out to do a major rehab on this investment property.

Program: Owner-Occupied Bridge Purchase
Loan Size: 686k
Location: Sonoma County
Why Came To Us: Wanted to buy a new home prior to selling current house and debt to income ratios were inhibiting conventional lenders from helping.

Being in business for 35 years has allowed us to pretty much see it all! Call us at 707-523-2099 or visit our website at www.sunpacificmortgage.com with any questions or scenarios and we’ll get back to you quickly with what we can do to help.

Turned Down Elsewhere? We Can Help Get Fast Loan Approval!

Image5 Current Market Conditions And Stricter Qualifications Causing Loans To Be Turned Down By Other Underwriters Or Lenders?  Get Fast Approvals And Fast Fundings With Us Despite Being Turned Down Elsewhere!

Current market conditions and stricter qualifications causing loans to be turned down by other Underwriters or Lenders?  Get fast approvals and fast fundings with us despite being turned down elsewhere!

Call us today at 707-523-2099 or visit our website at www.sunpacificmortgage.com with questions or scenarios and we’ll let you know how we can help – just like we were able to do in the below examples:

 

Recently Turned Down Loans From Others – Approved & Funded By Us

Location:  Santa Cruz County
Finance Program:  Bridge Purchase
Loan Size:  865k
Days to Close:  9
Why Needed Us:  Came to us after being turned away by conventional lender on the 19th day of a 30 day Escrow, because had bought a business vehicle which affected their debt to income ratios just enough to get them unqualified.

Location:  Sacramento County
Finance Program:  Investment Property Refinance
Loan Size:  762k
Days to Close: 14
Why Needed Us:  Needed cash to make necessary repairs before listing property for sale to get a higher return.

Location: Los Angeles, Los Angeles County
Finance Program:  Primary Residence Business Purpose Refinance
Loan Size:  677k
Days to Close:  16
Why Needed Us:  Needed capital to handle high credit business debts and  repair credit.

We Offer FAST Financing; We Finance Owner Occupied & Investment Properties. We Can Finance Despite Credit Issues, Property Condition & Difficult To Prove Income;

Looking to Buy a House on Maui?

Maui Meadows Maui Scaled Maui Offers Tons Of Real Estate Variety For Those Looking To Buy A Piece Of Maui Real Estate. Upcountry Maui Real Estate Is Located At Elevations Between 1,000 And 4,000 Feet Above Sea Level Where The Air Is Cooler. North Shore Puts You Right In The Heart Of One Of The World’s Favorite Surfing Spots, And Kihei, Makena, And Wailea Offer Plenty Of Tourism Attractions Along With Lahaina, Ka’anapali And Wailuku.

Maui offers tons of real estate variety for those looking to buy a piece of Maui real estate. Upcountry Maui real estate is located at elevations between 1,000 and 4,000 feet above sea level where the air is cooler. North Shore puts you right in the heart of one of the world’s favorite surfing spots, and Kihei, Makena, and Wailea offer plenty of tourism attractions along with Lahaina, Ka’anapali and Wailuku.

There is no major city in Maui. This Valley Isle is known for its unique beauty, incredible beaches, charming small towns, and some of the best surfing destinations in the world. Its rich farming tradition provides an elevated culinary experience as well.

Maui is the second largest island in Hawaii and although some countries saw a drop in home prices at the start of the new year, Maui County was the only one in the state to exceed a $1million median for single-family homes.

The median sales price for Maui County single-family homes in January was $1.2 million, a 0.4% increase from the same month last year.

If you are considering a primary home, a second home or an investment property in Maui, give Sun Pacific Mortgage & Real Estate a call at 707-523-2099 to find out the many benefits of Private Money loans.

These fast and unique mortgages are based on the equity of the home being purchased, not on your credit scores. We offer mortgages to those borrowers who find it difficult to prove their income.  Additionally, we close our loans in 2 weeks on average with many done in less than 1 week. Find more information at www.Sunpacificmortgage.com and we look forward to being able to help.

Why Not Just Go Quick and Direct Lending?!

Untitled Our Direct Private Money Loans Can Get That Refinance Or Purchase Loan Done When A Traditional Lender Unfortunately Cannot. And, We Can Quickly Fund!

Our Direct Private Money loans can get that refinance or purchase loan done when a traditional Lender unfortunately cannot. And, we can QUICKLY FUND!

Recently Funded

Program: Investment Property Refinance
Loan Size: 810k
Location: San Diego County
Why Came To Us: Self-employed with difficult to prove income.

Program: Investment Property Purchase
Loan Size: 752k
Location: Contra Costa County
Why Came To Us: Turned down at last minute by traditional lender and needed a fast loan to close within 9 days, so wouldn’t lose out on a large down payment.

Program: Primary Residence Business Purpose Refinance
Loan Size: 695k
Location: Los Angeles County
Why Came To Us: Owned property free and clear and needed fast capital to invest in rapidly expanding business.

Call us at 707-523-2099 today or visit our website at www.sunpacificmortgage.com with any questions or scenarios you have. We’ll get back to you quickly with how we can help you or someone you know.

Alternative Financing Options for: Business Purpose & Consumer Purpose Real Estate Loans

Alternative Financing Options For: Business Purpose &Amp; Consumer Purpose Real Estate Loans

Let’s say your credit history is less than stellar, or your score is low. Or maybe you want to purchase a home in poor condition and flip it. Or let’s say that you need to close escrow in a week. Whatever the reason, you are having a tough time getting a traditional loan to buy a house. In these instances, you might consider a private mortgage from Sun Pacific Mortgage, a family-owned and operated business that has provided beneficial Private Money loans to thousands in California since 1988.

Among our many alternative mortgage programs available are:

  • Owner-occupied refinances/cash-out for a business purpose, whether to pay off business debts or to expand your business.
  • Non-owner-occupied refinances/cash out for a business purpose, whether to pay off business debts or get needed capital for business expansion.
  • Non-owner-occupied loan for consumer purposes, such as consolidating personal debts or high-interest credit cards, making needed home improvements, sending a kid to college, etc.
  • Owner-occupied loan for consumer purpose. This loan is an interest only loan for 15 years with the first 3 years interest only – at a fixed rate – and the remaining 12 years fully amortized and again, at a fixed rate. (Property taxes and insurance are mandated by law to be impounded on this type of loan.)

If any of these home loans are what you need to improve your credit score, get business capital or expand your investment portfolio, give us a call at 707-523-2099 or find us at www.sunpacmortgage.com.

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