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Stay Calm Amid the Storm

Stay Calm Amid The Storm

The advice surrounding the volatility of the stock market has included everything from “Sell everything and buy gold, canned goods, and toilet paper” to “This is a tremendous buying opportunity”.

These extreme recommendations do not apply to real estate investing, however.  The best thing for you to do as an investor is calmly follow the disciplined approach you have always used to be successful in the market.

Historically, real estate has proven to have the most risk-adjusted return.

Even if a recession should occur, the real estate market will likely be spared.

With the regulations that were put in place after the last fiasco, loans are more secure and less likely to fall prey to unscrupulous lenders.

Sun Pacific Mortgage allows investors to buy trust deeds that have been thoroughly vetted for their reliability so that risk is mitigated, and investors can feel more secure.  We have been in the Hard Money lending business for over 3 decades and have proven ourselves trustworthy partners to thousands of investors and borrowers alike.

If you would like to pursue a new way to increase your wealth in these uncertain times, give us a call at 707-523-2099.  We would be happy to explain our California only real estate investment strategies and programs to you.

Wrangled Up Unique Financing For You!

Wrangeled Up Promo 2020

Taking advantage of our most popular alternative finance program could be the best mortgage option for yourself or a client – with rates as low as *6%!

If the FICO score is good (640 and up), the loan to value is 64% or less,  and the property being purchased or refinanced is in good condition, then our Alt-A Hard Money Loan could be just the solution you are seeking.

Call us at 707-523-2099 and we’ll quickly respond with our answer to your financing dilemma!

Recently Funded with Alternative Financing

Location: Oakley, Contra Costa County
Finance Program: Primary Residence Bridge Loan Refinance
Loan Size: $310,000 with 62% LTV
Days To Finish: 19
Why Needed Us: Wanted to buy another property prior to his current home being sold.

Location:  Murrieta, Riverside County
Finance Program: Investment Property Refinance
Loan Size: $650,000 with 63% LTV
Days To Finish: 17
Why Needed Us: Was looking for fast capital for his business.

Location:  Mill Valley, Marin County
Finance Program: Investment Property Purchase
Loan Size: $2,100,000 with 67% LTV
Days To Finish: 16
Why Needed Us: Real Estate Investor having difficulty with financing elsewhere due to multiple properties owned with mortgages.

Location: Covina, Los Angeles County
Finance Program: Primary Residence Temporary Refinance
Loan Size: $450,000 with 62% LTV
Days To Finish: 11
Why Needed Us: Turned down by other lending institutions due to difficult to prove income.

 

*APR for this rate based on a $200,000 first mortgage is 6.31%.

Los Angeles 4th Quarter Real Estate Market Report

Los Angeles 4Th Quarter Real Estate Market Report

Recently Compass California Real Estate issued a 4th quarter report on the sales activity in the larger Los Angeles area.  The report heralds a favorable start to 2020 with overall sales increasing more than 7%, although the average home sales prices varied from market to market. Here is a brief summary of a few areas:

  • South Bay:  Healthy increase in demand and activity over last year.
  • San Fernando Valley:  varied widely from one area to the next, with both increases and sharp declines.
  • Westside communities: Small increase of 2%.  Single family residences in Westwood and Century City had price increases of 15% and condominiums increased 17%. Culver City, a popular area for Millennials, enjoyed a 20% price increase from last year for condos and single-family homes rose 19%
  • Coastal communities:  Activity was mixed with only 2% increase in sales compared to last year.  Sales prices rose 12%, however.
  • San Fernando Valley:  The West saw an 8% increase in activity driven by strong condo sales.  The overall sales price slowed to a 5% increase over last year. The East market for single family homes was strong, but further east (e.g. Glendale, Burbank) sales activity fell because of inventory shortages.
  • South Bay:  Home sales activity was energetic, up 17% from last year.  Among the standouts was Playa Del Rey (233%) and Playa Vista (75%) thanks to more companies opening shop in “Silicon Beach”.

What can we take from this recap of the last quarter?  It appears that hopeful buyers have returned to the market especially where prices have softened.  Homebuyers should take note that current housing conditions remain favorable as we launch into 2020.

Get out there and sell your property if you’ve considered doing this; Get out there and by your new home or investment property – don’t wait, the time is now.

Loan of the Week – One of a Kind!

Alt A Program 33 Andie Promo

One Of A Kind Financing Available

Alt-A Loan of the Week

One of our referring mortgage brokers sent us a client from San Anselmo in Marin County who was looking to quickly pay off a balloon payment that had come due.

The client needed a loan of $375,000 in a hurry to save his home.   As he had good credit and considerable equity in his property, he was able to take advantage of our newer Alt-A program.

When we were able to get the loan financed in less than two weeks, everyone breathed a great sigh of relief!

 

If you or someone you know needs a fast loan or they just fall short of qualifying for conventional financing, our unique alternative financing programs could be the solution! If you have any questions or scenarios then give us a call at 707-523-2099.

Most Popular Program – Recently Funded!

Aug Promo 5 1

Most Popular Alternative Financing!

Want fast alternative financing or have a client who just misses qualifying for regular “A-paper” financing? 

Then you have to take advantage of our one-of-a-kind loan program:

  • Rates as low as *6%!
  • Good credit (640 and up)
  • Loan To Value 64% or less
  • Property in good condition & location 

Call us at 707-523-2099 and we will let you know how we can help! 

Recently Funded with Alternative Financing

Location:  Santa Rosa, Sonoma County
Finance Program: Investment Property Refinance
Loan Size: $550,000 with 64% LTV
Days To Finish: 12
Why Needed Us: Needed fast capital for business purpose. 

Location: San Diego, San Diego County
Finance Program: Primary Residence Temporary Refinance 
Loan Size: $320,000 with 72% LTV
Days To Finish: 9
Why Needed Us: Wanted to spruce-up property so could sell it faster and for higher return. 

Location: Saratoga, Santa Clara County
Finance Program: Primary Residence Temporary Refinance
Loan Size: $1,065,000 with 64% LTV
Days To Finish: 16
Why Needed Us: Turned down by other lending institutions due to difficult to prove income. 

Location:  Mission Viejo, Orange County
Finance Program: Primary Residence Business Purpose Refinance 
Loan Size: $470,000 with 63% LTV
Days To Finish: 20
Why Needed Us: Wanted fast cash to purchase another property and turn it into an investment, cash-flowing rental. 

 

*APR for this rate based on a $200,000 first mortgage is 6.31%. 

Recently Funded – Trusted for Over 3 Decades

Ft And Kw Feb2

Family Owned for 32+ Years!

“What I liked most about working with you was your SPEED. My borrowers/clients were happily satisfied. You are our go-to for Owner Occupied hard money, so I definitely refer you to anyone!”
– Bank Acct Manager, E.G. 

As you can see in the below Recently Funded scenarios, we are here to assist you or a client with a fast loan!  Sun Pacific Mortgage is your answer when other conventional institutions are unable to help due to property condition, difficult to prove income, etc.   

As we enter our 33rd year as a family owned & operated Alternative Financing company, we continue to help many Realtors, Mortgage Brokers & Lenders with their homebuyers and borrowers.

Call us at 707-523-2099 and we will let you know how we can help! 

Recently Funded

Location: San Rafael, Marin County
Finance Program: Temporary Refinance Primary Residence
Loan Size: $700,000 with 54% LTV
Days To Finish: 17
Why Needed Us: Credit circumstances making other lenders disapprove the loan.

Location:  Palm Springs, Riverside County
Finance Program: Investment Property Equity Cash-Out
Loan Size: $322,000 with 64% LTV
Days To Finish: 3
Why Needed Us: Needed very fast financing. 

Location: Santa Cruz, Santa Cruz County
Finance Program: Primary Residence Business Purpose Refinance 
Loan Size: $390,000 with 60% LTV
Days To Finish: 9
Why Needed Us: Condition of property. Wanted financing to fix it up then sell it. 

Location:  Walnut Creek, Contra Costa County
Finance Program: Primary Residence Temporary Refinance 
Loan Size: $350,000 with 26% LTV
Days To Finish: 13
Why Needed Us: Self-employed with difficult to prove income. 

Location:  San Leandro, Alameda County
Finance Program: Investment Property Refinance
Loan Size: $682,000 with 63% LTV
Days To Finish: 15
Why Needed Us: Poor credit

The Year In Review

The Year In Review

While reviewing 2019, here at Sun Pacific Mortgage & Real Estate we were happily surprised by some of the significant accomplishments we achieved, resulting in many more homeowners and home-buyers getting the financing they were hoping for!

As we embark on our 32nd year in the real estate & mortgage business, we are proud to be able to continue to help many other Realtors, Mortgage Brokers & Lenders and their Borrowers & Buyers with our alternative financing, also known as Hard Money/Private Money Loans. 

HOME BUYERS & BORROWERS

Over this past year we grew our family of borrowers to more than 10,000!  Some of our happy clients have been kind enough to send us “kudos”, like this one below: 

“To the Super Heroes in White Hats!  What can be said about the incredible family business that you have created.  Here are a few things to start with…

As FAST as ‘THE FLASH’, your efficiency and cohesiveness as a team is unmatched & always produces speed that rivals sound. True ‘CAPTAINS OF AMERICAN’ Lending, you guys are blazing the way through complications & compliances of old lending and are true pioneers of the future.  As HEROIC as ‘HE-MAN’, time and again you do the heavy lifting to ensure security for your trusting clients! For all that you do THANK YOU!   With much gratitude.”
M.F. Family

As the quote above depicts, we are known for our fast funding and quick closings.  While always finding a way to make a scenario work when others have given up, we are known for making the alternative financing process a smooth and pleasant experience:  https://www.sunpacificmortgage.com/hard-money-loans-us/  

REFERRING BROKERS & AGENTS

Many referring real estate agents and mortgage lenders & brokers have joined our family this past year entrusting their clients to us when they were unable to assist them in procuring a loan.  We expertly handled matching up private investors with close to 240 loans last year, with the respective borrower and their lender or realtor happy with the outcome: https://www.sunpacificmortgage.com/brokers-and-lenders-info/

Below is what just a few of our satisfied referring lenders and agents had to say: 

“What I liked most about working with you was your SPEED. My borrowers/clients were happily satisfied. You are our go-to for Owner Occupied hard money, so I definitely refer you to anyone!”
–  
Bank Acct Manager, E.G. 

“This is my 3rd file with you Broker, in less than 30 days, and each interaction with you has been pleasant, casual, professional and I’ve had nothing but praises for you and Sun Pacific.   I’m looking forward to much continued business with you and Sun Pac.”
D.M. – Broker

PRIVATE INVESTORS

This trust that our borrowers and referring Agents have in us extends to our faithful following of investors: https://www.sunpacificmortgage.com/invest-in-trust-deeds/

Our thorough vetting process of all the loans that come through our office, before presenting them to our investors, has gained us many loyal investors who feel comfortable funding our available deeds of trusts.  Again, last year we financed over $100million in Notes!  

From one of our Private Investors: These guys are very local and well trusted.  Broker has been around a while and stakes his family reputation on his business performance.  In the past year, my husband and I have used him for investment opportunities and appreciate working with him and his get-it-all-done Sister Processor.  I am very satisfied and appreciative of Sun Pacific.”
K.M.

To all our borrowers, lenders, real estate agents, and investors, we thank you for your part in making 2019 one of the best of our 32 years!  2020 has started off with a bang, and we are looking forward to serving you with the same integrity and professionalism you have experienced from us in the past.
https://www.sunpacificmortgage.com/about-us/

Loan of the Week – Just In Time For Your Valentine!

Valentines Day

Everyone Loves Bigger & Faster Loans!

We can help make this Valentines Day better for you or your client by providing fast financing with our alternative loan programs – just as we did below: 

Loan of the Week

A mortgage broker in Brisbane, CA reached out to us for assistance with one of his clients, who was unable to obtain financing because of a few issues with his credit report. 

This client was trying to finance a business transaction using his primary residence as collateral, a reasonable solution since he had considerable equity in it.  He needed $470,000 to solve his problem. 

After examining the opportunity, we found this loan fit into our two main Hard Money qualifications of good equity/decent down payment and ability to repay the loan.  We quickly gathered the needed documentation and had his financing funded in less than 12 days!

 

If you or someone you know needs a fast loan this Valentines, or there is difficulty getting real estate financing with another lending institution, give us a call at 707-523-2099 or just reply here.  We’ll quickly let you know what we can do for you!

Recently Funded – Growing In Popularity

32Promo

Ever-Growing Popularity For This Financing

Last year our family of borrowers grew to more than 10,000!  Many of these new clients were referrals from our trusted army of referring Realtors, Lenders and Mortgage Brokers who turned to us for assistance in getting their home buyers and borrowers the financing they needed.

“You have no idea how happy you made this client. Distressed situations are never easy, but you really did make it as quick and easy as possible. (And this was not an easy transaction so THANK YOU!)  More to come!” – Lender, Elise B.

We look forward to helping you or someone you know with our alternative financing, also known as Hard Money. Call Us at 707-523-2099 and we will get back to you quickly!

Recently Funded

Location: Concord, Contra Costa County
Finance Program: Business Purpose Primary Residence Cash-Out
Loan Size: $325,000 with 57% LTV
Days To Finish: 24
Why Needed Us: Had short sale and bankruptcy in past, stopping him from qualifying with other conventional lenders. 

Location:  Diamond Springs, Eldorado County
Finance Program: Investment Property Purchase
Loan Size: $1,050,000 with 40% LTV
Days To Finish: 21
Why Needed Us: Condition of property was making it difficult for other financing. 

Location:  Rancho Santa Margareta, Orange County
Finance Program: Primary Residence Temporary Financing
Loan Size: $460,000 with 63% LTV
Days To Finish: 14
Why Needed Us: Self employed with difficult to prove income. 

Location:  Napa, Napa County
Finance Program: Primary Residence Refinance with Cash-Out
Loan Size: $350,000 with 58% LTV
Days To Finish: 19
Why Needed Us: Needed fast cash for business purpose use. 

Location:  Santa Rosa, Sonoma County
Finance Program: Investment Property Refinance
Loan Size: $508,000 with 64% LTV
Days To Finish: 26
Why Needed Us: Poor credit

Loan of the Week – Fast For Over 30 Years

Promo 2

Fast Alternative Financing For Over 3 Decades!
Loan of the Week

A past borrower called us about obtaining a loan against her property in Tiburon.  She was having difficulty getting approval from another lending institution even though there was a healthy amount of equity available.  

Although she was retired, she had regular monthly income and excellent credit.  She needed $320,000 for debt consolidation and desired upgrades to her property. 

She was a perfect fit for our unique Alt-A Hard Money Program!  We were able to get her loan approved in 3 days and with a lower than usual rate.   In two weeks, she had her money in hand!

If you or someone you know needs fast financing, or is having difficulty getting real estate financing elsewhere, give us at call at 707-523-2099.  We’ll quickly let you know what we can do for you. 

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