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Here To Help Make Your 2017 Great!

We want to help make your 2017 even better by providing you with great alternative financing for your real estate needs. See our latest loans completed – below.

Our loan approval is based on just two things:

  1. Good down payment or equity in the property.
  2. Ability to repay.

We have loaned up to 75% of the value of the property and we finance Jumbo Loans commonly. Call us today at (707) 523-2099 or drop us an email with any questions or scenarios.

We stand ready to help kick off your new year!


Recently Funded:

Ontario, California (San Bernardino County)
Loan Program: Non Owner Purchase
Loan Amount:$337,500
Days To Fund: 23 days
Loan To Value: 69%
Why Turned Down Elsewhere: Bankruptcy


Malibu, California (Los Angeles County)
Loan Program: Owner Occupied Purchase Bridge
Loan Amount:$890,000
Days To Fund: 7 days
Loan To Value: 65%
Why Turned Down Elsewhere: Property condition was poor.


Carlsbad, California (San Diego County)
Loan Program: Owner Occupied Refinance
Loan Amount:$365,000
Days To Fund: 9 days
Loan To Value: 34%
Why Turned Down Elsewhere: FICO score not good enough.


Thousand Oaks, California (Ventura County)
Loan Program: Commercial Refinance
Loan Amount:$340,000
Days To Fund: 13 days
Loan To Value: 72%
Why Turned Down Elsewhere: Had a foreclosure on record.


Carpenteria, California (Santa Barbara County)
Loan Program: Owner Occupied Temporary
Loan Amount:$235,000
Days To Fund: 18 days
Loan To Value: 70%
Why Turned Down Elsewhere: Needed a fast, short term loan.

California Bay Area’s Home Sales Substantial Gains

It is time to get onto the band wagon to buy an investment property or to buy your home and stop throwing away money on rent. Real Estate prices are increasing, why wait for them to go higher?

According to a recent blog post by Pacific Union, California and the Bay Area See Substantial Home Sales Gains in November, “home shoppers across major California regions — including the Bay Area — were quite active in November, boosting annual sales volumes by double-digit percentage points.”

“Across the nine-county Bay Area, home sales spiked by 18.7 percent on an annual basis. All local counties saw sales volumes pick up from the previous November, with gains ranging from 26.7 percent in Solano County to 0.7 percent in Marin County.”

“Marin, San Francisco, San Mateo, and Santa Clara counties remain the only Bay Area counties where the median sales price exceeds $1 million, but price growth in these most expensive of real estate markets is slowing. In Alameda and Sonoma counties, home prices grew at a faster clip than the regional or state average.”

“Eight of nine counties experienced inventory declines from last November, with only Contra Costa County recording a modest annual improvement.  Alameda, Contra Costa, San Francisco, San Mateo, and Santa Clara counties have the fewest number of available homes in California, all with less than a two-month supply. In a statement accompanying the report, CAR Senior Vice President and Chief Economist Leslie Appleton-Young said that rising interest rates could push more buyers to compete for a limited number of homes on the market, which might drive more price growth and further reduce affordability.”

So, what does this tell us?  Waiting to invest may not be the best strategy for 2017.  The lack of inventory will continue to be problem for the near future.  On the other hand, the appreciation that is possible, makes it worth the trouble to investigate the deals that are worth the effort.

See original article here: http://blog.pacificunion.com/california-and-the-bay-area-see-substantial-home-sales-gains-in-november/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+pacunionblog+%28Pacific+Union+Blog%29

Making Loan Wishes Come True This Holiday!

Hard Money Loan of the Month
By Forest Tardibuono, Hard Money Broker

Temporary Purchase Loan in San Rafael – Wish Granted

These particular home buyers were referred to me after being turned down by their local bank.  They were just about to sign the closing papers at Escrow for their new home but final loan approval fell through.  They needed a fast bridge loan so they wouldn’t miss out on the new house they wanted!

They still lived in their house in San Anselmo but wanted to move to a new home in San Rafael and needed a $430,000 temporary home loan to make this happen. So, I made this loan happen.

In just over 2 weeks, I got their loan approved and funded so they could sign and close on their new home.  Merry Christmas to them!

We specialize in financing loans that have been turned down elsewhere.  Any credit issues, difficult to prove income, property condition, etc. – not a problem!

Call our office at 707-523-2099 if you need some alternative financing for any real estate purchase or refinance.  We are happy to help!

Making Loan Wishes Come True for the Holidays!

Hard Money Loan of the Month
By Ken Walker, Lead Loan Originator

Property Refinance in Berkeley, California

I received a call from a borrower whose parents had recently passed away, he had their reverse mortgage and was given just a few months to pay this off or lose the house.  Needless to say, this was a stressful time for the borrower.

Due to credit issues after many medical expenses the borrower did not qualify for a conventional loan.  This is when they called me, referred by one of their friends who had gotten a loan from me earlier in the year.

By this time, there was only a couple of weeks before the house was going to be foreclosed on.   But no sweat, within 2 weeks we had all items needed for their loan, approved, funded and closed!

Loan amount needed was $600,000 which was about a 70% loan to value for an owner occupied Hard Money loan. They were able to pay off the reverse mortgage, all of their incurred medical debts and all recent debts that had negatively impacted their credit.  All financial stress was gone and the borrower was able to save their childhood home!

We specialize in loans that have been turned down elsewhere due to credit issues, difficult to prove income, property condition, etc., and one of our favorite mottos is “If we say it can be done, we’ll get it done!”

Call our office at 707-523-2099 if you need some creative financing help for your real estate purchase or refinance.  We would be happy to help!

Get Your Loan This Holiday…

…From The Guys in the White Hats & Ugly Holiday Sweaters!

To get a better idea how we can help you get a loan this Holiday season, read the below various scenarios we have funded through our office.

Loan approval is primarily based on just two things:

1. Equity in existing property or a decent down payment for a purchase.
2. Ability to repay.

We have loaned up to 75% of the value of the property and we finance Jumbo Loans commonly.

Call us today at (707) 523-2099 or drop us an email with any questions or scenarios. We’d love to help make your Holidays brighter!

Recently Funded:

Elk Grove, California (Sacramento County)
Loan Program: Non-Owner Refinance
Loan Amount: $253,400
Days To Fund: 23 days
Why Turned Down Elsewhere: Property condition was poor.

Napa, California (Napa County)
Loan Program: Owner Occupied Bridge
Loan Amount: $750,000
Days To Fund: 19 days
Why Turned Down Elsewhere: Needed a fast, short term loan.

Sebastopol, California (Sonoma County)
Loan Program: Non-Owner 2nd
Loan Amount: $277,000
Days To Fund: 9 days
Why Turned Down Elsewhere: FICO score not good enough.

Palo Alto, California (Santa Clara County)
Loan Program: Owner Occupied 2nd Temp
Loan Amount: $300,000
Days To Fund: 20 days
Why Turned Down Elsewhere: Had a foreclosure on record.

Santa Rosa, California (Sonoma County)
Loan Program: Commercial Purchase
Loan Amount: $1,100,000
Days To Fund: 14 days
Why Turned Down Elsewhere: Difficult to prove income.

The Holidays Are Here…5 Reasons To Buy AND Sell Real Estate Now.

With the Holiday rapidly approaching, home buyers and sellers tend to decide to take a break.  This is the exact wrong time to stop house hunting or house selling!

For home buyers looking to buy their first home or move up home, house prices are projected to increase. If you wait, you will end up paying more for your home, meaning higher monthly mortgage payments.

For all the homeowners who have been unable to sell over the last few years due to negative equity situation, there has been a return of positive equity in real estate, with values increasing over the past two years.  Many of these homeowners will be coming to the market soon and you don’t want wait for all this inventory of homes to come on the market before you sell.

An article from The KCM Crew, Winter Is Coming…5 Reasons to Sell Now, details 5 specific reasons why the Holiday is a good time to sell a house or buy a home:

1. Demand Is Strong

2. There Is Less Competition Now

3. The Process Will Be Quicker

4. There Will Never Be a Better Time to Move Up

5. It’s Time to Move On with Your Life

Another article, this one from Pacific Union Bay Area Real Estate Blog, Bay Area Homes Are Selling Faster Than Anywhere Else, mentions why now is not the time to slow down:

“The Bay Area’s well-documented inventory crunch is ensuring that serious homebuyers waste little time making deals this fall, with the San Francisco and San Jose metro area housing markets moving at the fastest pace in the nation…Bay Area homes are selling more than twice as fast as they do nationwide — 35 days in San Francisco and 37 days in San Jose. And in certain local submarkets, the pace of sales is even quicker. MLS data from Pacific Union’s October Real Estate Report shows that single-family homes in our East Bay region sold in an average of 17 days.”

Any desire to live in the Bay Area must be met with fast action before the real estate is snatched up!  If you are having difficulty with loan approval, don’t hesitate to reach our to us at Sun Pacific Mortgage and Real Estate.  We are family owned and operated and have been California’s Hard Money Lender Since 1988.

We would be happy to help get you a new home for the Holidays!



Read full article here:

Pacific Union: http://blog.pacificunion.com/real-estate-roundup-bay-area-homes-are-selling-faster-than-anywhere-else/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+pacunionblog+%28Pacific+Union+Blog%29

The KCM Crew: http://www.keepingcurrentmatters.com/2016/11/21/winter-is-coming-5-reasons-to-sell-now/?utm_campaign=Blog_Promo&utm_medium=email&utm_source=email-automated&utm_content=DailyBlogSubscription&utm_term=BlogPost


What is a Hard Money Loan?

Hard Money loan qualifications are more forgiving than conventional or bank financing and the two basic qualifications are:

#1. Decent existing real estate equity or at least a 25% down payment if a purchase and
#2. An ability to repay the loan.

You could get up to 70-75% of the value of the property. If in Sonoma County, you could get up to 80%. Hard money loans are based largely on equity from real estate assets.

Basically considered all cash, such loans are extra strong and can be used to purchase or refinance fixer properties, bad credit borrowers, irregular income borrowers, large cash-out borrower, someone needing fast cash, short term Bridge loans, etc.

Owners still need to refinance their homes to make home improvements, buy a 2nd home or investment property and Buyers still want to buy even with tarnished profiles. Hard Money is the only option out there if they have been turned down by their favorite bank or mortgage broker or local Lender.

Many people have credit card rates that are 15% to 32% and Hard Money rates average 9% to12% with interest only payments. It will likely cost a bit more than a 30 year fixed rate loan and the rates are higher but it can get you the money you need you have been turned down elsewhere for a refinance or home loan.

We invite you to call us at 707-523-2099 and see how Hard Money will work for your situation. Having worked with many types of loan scenarios since 1988, we are quite experienced, we are honest, fast and our rates are pretty good!

Get Ahead With The Housing Boom In The Bay Area


According to the LMI score (Leading Market Index) economic and housing activity is currently at 98% of its normal level. But for those consumers left behind because of stringent conventional lending regulations, there are Hard Money loans that can allow them to take advantage the real estate boom.

Whether you have an opportunity to enter the real estate market for the first time or to add to a retirement portfolio  by acquiring a rental,  Hard Money loans offer a way to increase our assets and take advantage of this booming real estate market.

With no loan or appraisal contingencies, quick closings and fewer concerns about property condition, Hard Money loans offer both the buyer and the seller reasons to consider the leap into this otherwise unattainable  financial opportunity.

A recent article from Pacific Union (see link below) explains how affordability has improved in seven of the nine Bay Area counties in the last quarter.  Conditions were unchanged in the third quarter in Napa and Solano counties.  Solano and Contra Costa are two Bay Area counties are more affordable than the statewide average.   San Francisco and San Mateo counties however, remain in the higher-end of median home prices and what with the increasing tech companies in the area, this real estate is more and more coveted.  Real estate in Marin and Santa Clara counties equally remained highly valued.  The moral of the story is, one must know how to make the stronger offer to get the home or property they want because the market is so hot and there is no sign of it slowing down.

We at Sun Pacific Mortgage and Real Estate, are a family owned and operated Hard Money Lending Company that has been in business for almost 30 years  and we offer alternative financing throughout the state of California.

Call us at 707-523-2099 with any questions or scenarios and we  will be happy to help!

Pacific Union full article here:


What Are The Differences Between A Traditional Loan And A Hard Money Loan?



If you have ever applied for a mortgage with a bank, you know it can be a long and sometimes difficult loan process. It seems traditional lenders want an inordinate amount of information from you.

General loan requirements include your loan applications, minimum credit scores, bank statements, income verifications, borrower and property financials, etc., etc. etc.

Once you think you have satisfied all of the bank’s requests, they come up with a new one as well as additional conditions for approval!  Even if you meet all of the traditional lender’s strict lending requirements, the process can still feel exhausting.

In contrast, when you apply for a real estate loan with a hard money lender, the loan process is overall more streamlined and efficient.  Hard money loans require less paperwork and third party reports. This is a welcome change for those who don’t want to be burdened with a lengthy loan process or don’t have the credit scores or lengthy financial records to qualify for a traditional loan.  Such loans are ideal for borrowers who don’t qualify for a mortgage under traditional lender requirements or for those properties requiring some fixing as they don’t qualify for a bank loan.

General hard money borrowing requirements are considerably looser than conventional financing.  As the risk is greater for the private investor, rates are generally higher and the borrower is required to come in with 20-30% equity or down payment if a purchase.

Here at Sun Pacific Mortgage we have 2 main loan qualifications:

#1. Decent equity for a refinance or at least 25% down payment on a purchase and  

#2. An ability to repay the loan.  

If you are thinking of refinancing or purchasing property and are having difficulty at a bank or other Lending institution, then give us a call at 707-523-2099!

Is A Private Money Loan Considered Cash?



A private money loan is basically considered a cash sale by the Seller, making the possibilities of closing the deal more certain.  The offer is still considered a loan, but it comes with several benefits that both parties will appreciate:

1. No loan contingencies, since the borrower and property have been fully vetted before you write the offer.

2. No appraisal contingencies.  Although the borrower can order one, the offer is not dependent on the outcome, since most private money loans require a sizable down payment.

3. Quick closing.  Private money loans have been known to close in a much shorter period of time than traditional lenders and banks.  It is reasonable to close in 10-15 days as opposed to a month or longer.

4. Property condition is not as great a concern.  Less than pristine properties are easier to purchase with private money since this type of loan is considered “all cash” and is based against equity or loan to value.

Private money, also known as hard money loans, can be a viable option in the real estate financial world and are of considerable interest to Borrowers, Sellers and Investors today.

If you or someone you know is interested in getting such a loan or have further questions, call me at 707-523-2099 and I’d be happy to help!

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