Hard Money / Private Money

Fast Loans – Refinance or Purchase!

Fast Loans – Refinance or Purchase

Avoid any loan slows or disapprovals by coming to us for fast a Private Money loan!

Loan of the Week

We received a call from a San Mateo Broker and his Borrower, asking if we could perform one of our “fast miracles”.  This individual wasn’t getting fast enough loan approval from his current Lender, and he didn’t want to miss out on a great house that he had finally gotten into contract on.

As one of our specialties is speed, we got right onto it:

  • Bridge Loan
  • 631,500 Purchase Price
  • 64% LTV
  • Funded in 7 days!

We can help you with a loan, just like we did above. Call us at 707-523-2099 with your scenario today. Or visit our website at www.sunpacificmortgage.com.  We’ll quickly reply with how we can help!

Hard Money / Private Money

4 Biggest Myths About Hard Money Loans

4 Biggest Myths About Hard Money Loans

All real estate investing can be scary, but especially when talking about “hard money loans”.  In reality, hard money loans are fairly common when it comes to real estate investing.  By definition, hard money or privately funded loans, are just that: loans given by individuals instead of by a bank or traditional lending institution.  Despite that simple explanation, there are still lots of myths about hard money loans.  Let’s exam and dispel some of these here:

  1. Only the Desperate Seek Out Hard Money Loans:  Most of the people who seek out hard money loans are smart business people who need a very quick close not possible with larger institutions, have bad credit, recent bankruptcy or they have difficulty proving income.
  2. Hard Money Lenders Are All Loan Sharks: These lenders are business people just like their clients and are fully aware that fairness and good business sense means you get return business.  Sun Pacific Mortgage has been in business for over 33 years, it’s owned and operated by a family of very dedicated business professionals with hundreds of repeat Borrowers and weekly referred Borrowers.
  3. Hard Money Loans Are More Expensive Than Traditional Ones:  If time is money, than to get money in less than a week so you can acquire a property for a profit is essential.  If a traditional lender can’t get you the funds in time to salvage the deal, then it is simply not a valid option.
  4. Hard Money Loans Have Draconian Rules:  Generally speaking, hard money loans have different restrictions put on them than consumer loans.  Lenders and borrowers are encouraged to negotiate until they reach mutually acceptable terms.  All governmental regulations regarding hard money loans are strictly adhered to by Sun Pacific Mortgage.

Sun Pacific Mortgage has been able to help thousands of borrowers and investors enhance their family wealth by being there when they were needed.  We are the “Guys in the White Hats” who can rescue a real estate deal when it suddenly turns sour if Underwriting disapproves the loan; We are there for FAST financing needed for those quicker closes.  Give us call (707-523-2099) to see what we can do for you.

Hard Money / Private Money

Popular Loan: Alt-A Financing!

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Alt-A Hard Money Loans!
By The Guys in the White Hats 

This program offers lower hard money rates for your Buyers and Borrowers!

  • Faster Funding – of Purchases and Refinances
  • Borrowers with good credit (640+)
  • Lower Loan To Value (64% LTV or lower)
  • Nice property in good location

Continuing a 33 year legacy of Hard Money lending – also known as Private money. This newer and quite popular loan program is for Borrowers and Buyers who are just shy of qualifying for “A” paper.

Recently Funded Alt-A Scenario By Us: 

  • Non-Owner Occupied Purchase: $946,870
  • Loan To Value: 62%
  • Sonoma County

Santa Rosa Home Buyer was turned down by her Lender, 27 days into a 30-day Escrow. Had all qualifications checked except a last-minute issue as to proof of income, which resulted in Underwriting withdrawing loan approval.

The Buyer’s Agent luckily called our office, requesting quick help. With a low LTV of 62%, within just 4 days we had loan approved and funds ready for her purchase of $946,870!

In addition to this newer program, we continue to provide our traditional Private Money loan programs for those in need of fast cash, turned down elsewhere for credit issues or difficult to prove income.

Call us at 707-523-2099 with any questions or scenarios and we’ll reply quickly with what we can do for your Buyers or Borrowers.

Are you a Broker/Lender? Click Here to see how to increase your success rate.

Are you a Realtor? Click Here to see how we can increase your closing rate. 

Hard Money / Private Money

Direct Financing For You!

trusted new hats

We are privileged to have many past Borrowers who have been placing their trust in us for the past 33+ years.  Still here to help with our Private Money Loans:

  • Get FAST Approvals!
  • Credit Issues Are Not A Problem
  • Family Owned & Operated
  • We Are A Direct Lender

Loan of the Week

A Broker in Santa Clara County sent his Borrower’s loan to us, due to some credit issues that popped up at the last minute.  They were in Escrow and had just two weeks to close.

This Borrower was an investor who quickly needed rescuing with a 732,000 jumbo loan to purchase a rental property he was already in contract to buy.  With the loan to value of 58%, it took us just 11 days to complete all the necessary loan docs and help get Escrow closed!

Are you a Home Buyer or Homeowner who needs a fast home loan? Or you are having difficulty getting loan approval? Give us a call today at 707-523-2099 or reply back here. We’ll be happy to get you a proposal on how we can help with our private money loan programs.

Hard Money / Private Money

We’ve Got Your Back – Fast Loans!

Weve Got Your Back – Fast Loans

  • Turned Down Elsewhere – We Can Help!
  • FAST Approvals
  • Trusted By Over 10,000 Borrowers
  • Loans Up to 2+ Million!

We’ve got your back, continuing our 33-year legacy of helping rescue any loan that needs fast funding or doesn’t quite qualify at this time.  We’ve got those FAST Private Money Loans!

See how we can help, as we did for these individuals below:

Recently Funded

Call 707-523-2099 with questions or scenarios – we’ll quickly reply!

Hard Money / Private Money

Over 3 Decades – Fast Loans for You!

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Carrying on the legacy of 33+ years of private money lending:

  • Million Dollar Loans Provided!
  • FAST Closing!
  • Credit Problems Okay!
  • Trusted By Over 10,000 Borrowers!

Loan of the Week

A Home Buyer was referred to us by his Realtor and Lender in Marin, as they were unable to get final Underwriting approval for his home purchase. This particular Buyer had credit issues requiring a few more months of handling before he could fully qualify for conventional financing. However, since he was already in contract he did not want to lose out so they referred him to us for fast help.

He needed short-term Jumbo financing of 705,000. Despite the size of loan, with a lower LTV of 62%, we were able to quickly get this approved, funded and money to Escrow within just 7 days!

Call Us Today at 707-523-2099 with any questions or your scenario!

Hard Money / Private Money

How Can You Get Into Contract For A Home Faster?

How Can You Get Into Contract For A Home Faster

While the housing market forecast for the second half of this year remains healthy, there may not be a better time to sell than right now.  According to the National Association of Realtors (NAR), homes are selling in an average of 17 days, and in California that number drops significantly.

Average days on the market is a strong indicator of buyer competition, and homes selling quickly is a great sign for sellers, not so much for buyers!  With inventory down, sellers can expect to receive multiple offers on their home in today’s market.  NAR reports sellers are seeing an average of 5 offers, and these are competitive ones.

If you doubted the competitiveness of today’s real estate market, you have only to look at a recent review of the San Francisco Peninsula statistics for June. This data shows listings sold for anywhere from 8%-15% above asking price.  This opportunity to pick and choose what offer to accept allows the seller to select the one that makes the most sense for their situation and financial well-being.

Over the past couple of years in California, homeowners have gained significant equity.  Equipped with this leverage, many sellers are looking to buy more suitable housing for their families. But what if you find the home of your dreams and you haven’t yet sold your existing house?  To make a clean offer and help ensure the purchase of your new home, buyers are looking for fast bridge loans to span the gap.

Sun Pacific Mortgage (707-523-2099) has offers a variety of private money mortgage programs, among them, bridge loans for both owner-occupied and investment properties.  By borrowing the equity for a short amount of time a buyer can close an escrow faster and not risk the chance of losing their desired new property by tacking on a contingency to their offer.

Our family owned and operated company of more than 33 years, has been able to get the necessary funds into escrow within a week, far sooner than conventional lending institutions.  Give us the opportunity to help you with real estate funding in California.

Call us today at 707-523-2099!

Hard Money / Private Money

Time To Crush Summer!

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  • We Finance Jumbo Loans!
  • Get Paid Full Commission
  • FAST Funding!
  • Over 700 Investors and Never Run Out Of Money

We want to help you and your Borrowers crush summer with our Private Money programs, just like we did for this referring Broker:

“You and your team are hands down the best out there and you never cease to amaze me. I truly feel blessed that I have you as my go to for Hard Money, as you have helped me save and earn the trust of so many great clients . Many many thanks for another successful closing Ken!”  – Snr Broker Associate, T.C. G.

Funded By Us

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Call Us now at 707-523-2099 with your scenarios.  We’ll quickly let you know how we can help you.

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