What’s New in Home Design for 2019?
A recent article based on the remodeling and design platform, Houzz, forecast some trends to look for in the coming year. With HGTV shows continuing to capture our imaginations and wallets, we might want to know that we are in step with the design world. Here are some examples of the forecasted changes: Full-height backsplashes…
Read moreHow To Significantly Increase The Value of Your Rental Property
One of the best ways to insure the value of your rental property and increase your cash flow is to maintain and manage it well. As a landlord you should be vigilant that your property does not depreciate because of your inattentiveness. Markets may fluctuate, and while this is something you don’t have particular control…
Read moreMake More Money With Your Investments
Any time your money makes money with little time investment on your part, it’s a good deal. That is the bottom line when we speak about investing in Hard money trust deeds. Here at Sun Pacific Mortgage, we find the opportunities, vet the borrower, and confirm the legitimacy of property ownership. In today’s unsettled…
Read moreSonoma County Real Estate Update
According to a recent article published by Pacific Union, Sonoma County’s 2nd Quarter real estate sales demonstrated a distinct divide between homes over $1 million and those under $1 million. Homes priced between $1-3 million saw an increase in activity of almost 50%. Homes listed under $1 million saw a noticeable decline in sales compared…
Read moreRevitalize That “Dead Loan” With Our Not Normal Loan Programs
This year so far (January through July) we have closed 142 Hard Money Loans – 20+ loans per month. Loans done so far total over 45 million. These not-normal programs have much more forgiving qualifications than traditional financing. Regularly we have Brokers and Lenders reaching out to us with a transaction they are hoping to…
Read moreAccomplish Your “Catch of the Day” With Hard Money
Investment Purchase Loan Daly City, California I had a Realtor and his Buyer call me, wanting a fast loan. The Buyer didn’t want to miss out on a good property buy in San Mateo County. He was able to do a 35% down payment but needed a $460K loan to complete the purchase. With our…
Read moreAlternative Financing Programs
Hard Money Loans in General: Only 2 qualifications for the following loan programs: 1. Decent existing equity or at least 20% down payment; 2. An ability to repay the loan (source of income); Normal turn-around time – 1-1/2 to 2 weeks. Loans from $150,000.00 to $1.5 million. Bridge or Temporary – Owner Occupied and Investment…
Read moreWe Make Big Deals Happen
We offer Hard Money financing for jumbo size loans with qualifications that are more forgiving than traditional and conventional financing. Hard Money loans are the answer for someone with irregular income, tarnished credit, needs fast cash or property not qualify for regular financing. These are not issues with us. Recently Funded Jumbo Loan Location:…
Read moreMake the Winning Offer
Make the Winning Offer Who doesn’t want to know how to beat out the other purchase contracts in today’s multiple offers and lower inventory markets, and buy that house! There was a really good article in the Wall Street Journal recently about Hard Money loans. It was informational to borrowers and investors alike. It spoke…
Read moreCREDIT – The Bane of Home Loan Approvals
CREDIT – The Bane of Home Loan Approvals This aspect of qualifying for a home loan boils down to good credit versus bad credit. The lenders left in the mortgage market arena, let’s call them institutional lenders, the ones that are offering the 30 year mortgages at historic low rates, require good credit (among…
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