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Recently Funded – Let’s Crush Summer Together!

Hulk Summer 1 We Can Crush Those Slow Loan Approvals And Overcome Loan Disapprovals With Our Hard Money Programs!

We can CRUSH those slow loan approvals and overcome loan disapprovals with our Hard Money programs!

Let us help you overcome all your summer alternative financing needs for real estate purchases and refinances. Read below to see some of our recently funded loans.  

And Call Us today at (707) 523-2099 to see how we can help you, a friend or a client!

 

Recently Funded

Single Family Houses, Condos, Principal Residences +

Multi-Family Units, Commercial & Office

$341,000Cazadero, Sonoma County
Non-Owner Refinance
55% Loan to value

$690,000 Petaluma, Sonoma County
Non-Owner Purchase
53% Loan to value

$647,000 Simi Valley, Ventura County
Owner Occupied Refinance Temp
73% Loan to value

$550,000Monte Rio, Sonoma County
Owner Occupied Temp
51% Loan to value

$668,000 Santa Rosa, Sonoma County
Owner Occupied Purchase
77% Loan to value

$265,000 Riverside, Riverside County
Non-Owner Refinance Business Purpose
65% Loan to value

Why Are Millennials Buying Now?

Why Are Millennials Buying Now

A recent study of Millennial buyers examined the reasons they are choosing to buy a home at this time.  Here are the results:

1. To Control their Living Space – 93%

Many a renter has dreamt of painting their space to reflect their personal style. Some Millennials yearn for a pet they are prohibited from owning because of rental agreements. They have gotten to the place where they don’t want to wait any longer for these dreams to be fulfilled.

2. To Have a Sense of Privacy – 90%

Security has new meaning for everyone these days, so it is no surprise that it ranked #2 in this poll.  We all want control over who enters our home, and how we can secure it.

3. To Live in a Nicer Home – 81%

Similarly to point #1, when you purchase your own home, you can renovate to suit your style, as well as accommodate for a growing family or a member who may need to move in.

4. To Feel Part of a Community – 75%

Because your home value is linked to the community and neighborhood in which you live, owning is a powerful motive to engage in civic activity.

5. To Have Flexibility in Future Decisions – 53%

Rather than see their rent money increase the financial well-being of their landlord, Millennials are seeing their housing investment as a savings account that may be available in the future to support themselves.

The recent article in Keeping Current Matters  sums up the findings by stating:  “The majority of millennials said they consider owning a home more sensible than renting for both financial and lifestyle reasons – including control of living space, flexibility in future decisions, privacy and security , and living in a nice home.”

It’s definitely a good time for millennials to get pre-qualified to buy a home. Locate your local, licensed and experienced Lender to assist you with this. Get out there any buy this summer!

As always, if you’re self-employed, turned down by the banks, or in need of special financing. Contact Sun Pacific Mortgage & Real Estate for a free consultation at (707) 523-2099.

Set Up Your Summertime Financing – Loan of the Week

1 “ Did A Fantastic Job. They Were Honest, Straightforward, To The Point, Loyal To The Borrowers, And Got Me A 24-Hour Turnaround From Docs To Having A Full Package! They Were Very Professional And Loyal To Their Word.  I Would Recommend Anyone To Go There For Business!” C.m.

“[Sun Pacific] did a fantastic job. They were honest, straightforward, to the point, loyal to the borrowers, and got me a 24-hour turnaround from docs to having a full package! They were very professional and loyal to their word.  I would recommend anyone to go there for business!” C.M.

Santa Rosa Rush Purchase

A local Mortgage Broker called us about a client of his who’s loan process was not getting approved quick enough – his Buyer was running out of time.

They were looking for a rush interim loan. We quickly got onto it!

The Borrower wanted to purchase a $562,000 investment property in Santa Rosa and was coming in with about 35% of his own money.  Within 24 hours we had loan approval.  In just 10 more days we had a very happy Borrower and very appreciative Broker, as money was in hand!

If you need any help with fast financing this summer, we’ve got your back!  Call Today at 707-523-2099 so we can help with our Hard Money programs.

Hard Money – The Shortest Version

March Promo 2 Only Two Main Qualifications For Our Loans:

Only TWO main qualifications for our loans:

  1. Equity or decent down payment.
  2. Ability to repay the loan.

 

Funding Info:

  • FAST Funding ability (many done in under a week).
  • Loans up to $2 Million
  • FICO not generally a factor (bad or poor credit – we can still help!)
  • Up to 75% loan to value, case by case basis.
  • Non-Owner, Investor, Commercial, Owner Occupied and Condominium financing.
  • We have been in business 30 years and have still not run out of money!

 

Recently Funded Hard Money Bridge Loan:

A Loan Originator in San Jose reached out to us, in hopes we could help finance a Bridge loan for one of his clients.  This particular Home Buyer was self-employed with difficult to prove income and he was looking to move his family to another city.  He did not however want to sell their current house without buying a new home. He also wanted a fast loan that would help strengthen his purchase offer.

Within 17 days we were able to provide the $1.4million loan size needed to buy his new family home in Sunnyvale, Santa Clara County!

Give us a call today at (707) 523-2099 with any questions or scenarios. We look forward to helping!

When Is the Best Time to Sell Your Home?

When Is The Best Time To Sell Your Home

The Spring real estate market may have gotten off to slow this year because winter refused to release its grip on Mother Earth.  However, you can be sure that with more sunny days, the market is returning with a vengeance!

April and May have historically proven to be the top months to sell a home.  In fact, the second quarter of the year (April, May, June), is affectionately referred to in the real estate biz as “The Spring Buyers Season”.  

If you’re thinking of selling your home this year, the time to list is NOW!  The National Association of Realtors recently published a report which stated that 41% of homes sold last month were on the market for less than 30 days.  This type of market sets up the seller for that much needed exposure.

As home values have continued to appreciate, more homeowners are feeling the freedom to move.  Housing inventory is still less than the 6-month supply needed for a normal real estate market.  This situation means there are not enough homes on the market to satisfy the number of potential buyers.  

In the past, homeowners have stayed in their homes an average of six years, but since 2011 that number has increased to an average of nine or ten years.  Many homeowners have a pent-up desire to move and finally feel the time is right.

If you are looking to enter or to move up in the market, but do not have the qualifications necessary to secure a conventional loan, a hard money loan might be your answer – as the alternative financing solution you were looking for!

Sun Pacific Mortgage is here to help with that.  Give us a call at 707-523-2099 and see how we help you move up or into the world of home ownership.

Hard Money Makes Loans Less Confusing!

Hulkconfused No Need To Be Confused By How To Get Your Loan Approved Fast. With Hard Money It’s Simple!

No need to be confused by how to get your loan approved FAST. With Hard Money it’s simple!

– We can fund fast, less than 1 week if needed!

– Often considered “all cash”, makes them stronger offers.

– FICO scores are not a determining factor.

– It offers flexibility and speed that is needed in a swiftly moving market.

See below for various scenarios funded through our office. We are here to help you, a client or someone you know get that loan approved and financed!

Call Us Today at 707-523-2099.

Best, Broker & Broker – The Guys in the White Hats

 

Funded Loans By Us

Includes: Single Family Houses, Condos, Principal Residences, Multi-Family Units, Commercial & Office

$450,000 – Santa Rosa, Sonoma County
Commercial Purchase
40% Loan to value
10 Days to fund!

$468,000 – Angwin, Napa County
Owner Occupied Bridge Loan
80% Loan to value
11 Days to fund!

$1,500,000 – San Luis Obispo (San Luis Obispo County)
Non-Owner Purchase
67% Loan to value
19 Days to fund!

$749,000 – Corona, Riverside County
Non-Owner Purchase
70% Loan to value
21 Days to fund!

$1,100,000 – Daly City, San Mateo County
Commercial Purchase
56% Loan to value
14 Days to fund!

$468,000 – Santa Rosa, Sonoma County
Owner Occupied Temp Purchase
80% Loan to value
16 Days to fund!

Increase Your Wealth While Paying Your Mortgage

Increase Your Wealth While Paying Your Mortgage

Home ownership is a unique opportunity to use housing costs to build wealth over time.  

The NAR (National Association of Realtors) recently published a report which broke down the equity gained from appreciation and principal payments.  According to this report, homeowners who purchased their home five years ago realized an 80% gain in appreciation alone. In California that amounts to a significant growth in one’s financial well-being.

Your home is one of the only investments you can live in as you pay it off.  Recently, we have seen significant growth in equity wealth. Even though this phenomenon may be slowing somewhat, especially in California it remains one of the easiest ways to accumulate and gain financial security.  

In 2006, we saw that people unwisely used their homes as ATMs.  They purchased new cars, boats, and lavish vacations. We saw how that ended, and it appears that we have learned our lesson.  Today cashed-out equity is being used for less frivolous reasons, like consolidating debt or for college tuition. Most of us are counting on this wealth to supplement our retirement income.

If you have been hesitant about refinancing your home or getting into real estate investments because of qualifying concerns, there is hope for you!  Hard money loans may just be the answer you are seeking. Sun Pacific Mortgage offers several programs which can benefit your investment issues and allow you to start on your journey toward wealth and financial stability.  Call us at 707-523-2099 to discuss your first steps.

Reeling In Your Jumbo Loan Approval!

Bigfish “It Was A Pleasure To Be Able To Get This Loan At Sun Pacific Mortgage. This Was The Easiest Loan Process I Have Ever Experienced In My Life!! I Will Keep On Our List For Any Future Loans Needs For Sure!!!  My Loan Process Was Quick, Easy And Very Professional.”  Best, L.q.

“It was a pleasure to be able to get this loan at Sun Pacific Mortgage. This was the easiest loan process I have ever experienced in my life!! I will keep [them] on our list for any future loans needs for sure!!!  My loan process was quick, easy and very professional.”  Best, L.Q.

A Realtor reached out to us to get some fast lending help for her Home Buyer.  They were in Escrow and her client just found out that his loan was declined elsewhere. They had to move quickly or else they would lose out on his home purchase!

This is where we came in.  Needed was a jumbo loan of $910,000 for an owner-occupied Temporary/Bridge loan in Santa Clara County.  We got right to it and within 2 days had loan approval!

Let us reel in your loan approval.  Call Today 707-523-2099 and we will let you know how we can help!

Best, Broker & Broker – The Guys in the White Hats

Let’s Garden! Spring Has Arrived!

Let’s Garden Spring Has Arrived

After one of the worst winters in a decade, Californians are looking forward to a warmer, drier Spring.   Warmer weather tends to bring out the farmer or gardener in many of us…but where to begin? I for one love to garden and each week you can find me doing something to make my garden more full, better, more prolific.

There are many available sources outlining the best approach to initiate Spring planting efforts. One of the most well-respected informational resources is Sunset Magazine.  Before you dig into that first shovelful of soil, consulting theirs or another local trusted website, might be beneficial.  

It takes the Spring warmth and longer days to bring out the best in flowers.  In the North Bay, the peak blooming moment is sometime in May, but April is the month to get your garden ready to shine.  The gentle rain of Spring collects nitrogen from the atmosphere, and the warmth of the soil transforms it into bacteria that the plants use to thrive.  Unlike Winter, foliage takes a step back in the garden’s design, and instead, flowers reign supreme.

There are several maintenance tasks that should not be overlooked while you prep for new blooms.  You should tend to your azalea and camellia plants, even though they are finished blooming.  Pinch back the branch tips to keep them dense and promote more flowers next year. After the last blossom drops, you will want to feed them with a specifically formulated food through October.  Another advisable maintenance task is pruning lavender plants by cutting off 1/3 of the new growth to keep the plant from getting too woody.

April is a great month to plant just about anything…shade trees, shrubs, vines, annuals, perennials, groundcover and lawn.  There is just one warning to keep in mind: watch out for aphids, because they love new growth! You can find many organic products on the market to help control these hungry pests.

A little planning and preparation in April can bring great rewards in May and beyond for your inspirational garden!

As always, if you are looking for special financing or a hard money loan for one of your properties, Sun Pacific Mortgage & Real Estate is here. Maybe you need to make some BIG landscape changes, give us a call today for a free consultation and see if we can help with your financing! (707) 523-2099

Recently Funded – We Have You Covered!

Weve Got Your Back Hard Money “The Entire Family And Staff At Sun Pacific Mortgage Are The Best Hands Down.  They Are Honest, Direct, Professional, Quick, Efficient And Realistic. It Was Like When Everyone Else Seemed To Be Against Us, Sun Pacific Found A Way To Make Things Happen.  We Cannot Thank Them Enough!”

“The entire family and staff at Sun Pacific Mortgage are the best hands down.  They are honest, direct, professional, quick, efficient and realistic. It was like when everyone else seemed to be against us, Sun Pacific found a way to make things happen.  We cannot thank them enough!”

Borrower – LW

Hard Money Provides ….

  • A Quick Close
  • Multiple Options
  • Shorter term loan
  • Makes an impossible deal possible

Read below to see some of our recently funded loans.  And Call Us today at 707-523-2099 to see how we can help you, a friend or a client with similar scenarios!

Best, Broker & Broker – The Guys in the White Hats

 

Recently Funded By Us

NOTE: We offer financing up to $2Million

 

Single Family Houses, Condos, Principal Residences

$878,000 – Santa Ana, Orange County
Non-Owner Property Refinance
65% Loan to value
12 days to Fund!

$800,000 – Brentwood, Contra Costa County
Owner Occupied Refinance
75% Loan to value
22 Days to Fund!

$400,000 – San Jose, Santa Clara County
Owner Occupied Temporary 2nd
63% Loan to value
21 Days to Fund!

Multi-Family Units, Commercial, Office & Land

$700,000 – Santa Rosa, Sonoma County
Non-Owner 2nd
48% Loan to value
8 Days to Fund!

$878,000 – North Highway 1, Mendocino County
Commercial Refinance
50% Loan to value
21 Days to Fund!

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