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 have rescued.  They want an interim approval and funding while their client gets fully qualified to refinance with them. 

We had a Lender contact us about a Borrower who could not get approved for a single-family investment property.  They qualified in all aspects but, unfortunately, they had another property which had incurred some late-payment penalties. 

This is where we come in with our not-normal, hard money loans programs.   In 2 weeks, we had this scenario approved and funded!  Relieved Lender and happy Borrower.

If you are having difficulty getting a particular loan scenario approved, call us at 707-523-2099. 

Best, Forest & Ken –  The Guys in the White Hats 

Hard Money Broker and Lead Loan Originator of family owned and operated Sun Pacific Mortgage & Real Estate, serving all of California since 1988!  707-523-2099 www.sunpacmortgage.com.  CA Bur of Real Estate license #01464899 and NMLS #360993

 

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