Releasing a Brand-New Alt-A Hard Money Program with Rates from 6% – 8%!
- Borrowers with good credit (640+)
- Lower Loan To Value (64% LTV or lower)
- Nice property in good location
We have many investors who are interested in these types of loans. For borrowers who are just shy of qualifying for “A” paper, they can quickly get approved for this lower-rate Alt-A Hard Money program.
Our Loan of The Week is a perfect example of this:
Turned down by her bank at last minute. Single Family Residence in Kentfield (Marin County), just needed short-term financing to complete renovations to then sell the house. Loan of $680,000 with LTV just under 50%. Approved at 7.5% interest only for 1 years with no prepayment penalty.
Loan length from start to finish = 7 business days!
If you have a scenario that might fit Alt-A Hard Money, call us at 707-523-2099!
Click here for more information!
Best, Forest – The Guy in the White Hat
Hard Money Broker and Co-Owner of family owned and operated Sun Pacific Mortgage & Real Estate, serving all of California since 1988! 707-523-2099 www.sunpacificmortgage.com.
CA DRE license #010005559 and NMLS #289456
Note: Get our financing despite bad credit, difficult to prove income, property a fixer, etc.! We finance Jumbo loans, Bridge and short-term loans, Owner Occupied purchases and refinances, investment purchases and commercial.
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