Our loan preapproval process is based primarily on 2 things:
- Loan to value and
- Ability to repay (far more flexible than conventional underwriting)
We loan up to 75% of the value of the property and in some instances as high as 80%. We do Jumbo Loans commonly.
Below are some recently funded loans for a better idea of how we can help you or a friend. Call us today at (707) 523-2099 or drop us an email with any questions or scenarios!
Recently Funded:
Santa Rosa, California (Sonoma County)
Loan Program: Owner Occupied Purchase Bridge
Loan Amount: $261,000
Days To Fund: 14 days
Why Turned Down Elsewhere: Difficult to prove income
Oakland, California (Alameda County)
Loan Program: Non-Owner Refinance
Loan Amount: $805,000
Days To Fund: 19 days
Why Turned Down Elsewhere: Owned many investment properties
Sebastopol, California (Sonoma County)
Loan Program: Owner Occupied Refinance
Loan Amount: $555,000
Days To Fund: 25 days
Why Turned Down Elsewhere: Property a fixer
Novato, California (Marin County)
Loan Program: Investment Property Purchase
Loan Amount: $420,000
Days To Fund: 15 days
Why Turned Down Elsewhere: Had a Bankruptcy
Napa, California (Napa County)
Loan Program: Owner Occupied Business Purpos
Loan Amount: $215,000
Days To Fund: 6 days
Why Turned Down Elsewhere: Couldn’t get financing for a new home while having an existing mortgage on old home.
Garberville, California (Humboldt County)
Loan Program: Commercial Property Purchase
Loan Amount: $415,000
Days To Fund: 29 days
Why Turned Down Elsewhere: FICO score had issues