Summary of all Guidelines | |
Loan Types | Bridge Loan, Hard Money Loan, Investment property Line of Credit |
Property Types | 2-4 Units, Automotive, Industrial, Land Entitled, Medical Office, Mixed use, Multi Family, Place of Worship, Self-Storage, SFR, Special-Use |
Lendding Area | california |
Loan amount Minimum | $100,000 |
Loan amount Maximum | $2,500,000 |
Interest Rate Minimum | 9% |
Interest Rate Maximum | 12% |
Points Minimum 1st TD | 2 |
Points Maximum 1st TD | 2 |
Terms | 1 year, 2 years |
Interest Only or Amortized | Interest Only |
Prepayment Penalty | 6 months |
LTV Bridge | 60 |
Upfront Fees | Appraisal, Environmental, Underwriting |
Personal Guarantee /Recourse Required | Personal Guarantee Required / Recourse, Personal Guarantee Not Required / Non-Recourse |
Pacific West Mortgage Fund team brings years of experience in private lending and mortgages, ensuring the best opportunities to maximize results. We provide you and your clients with funds quickly, seamlessly, and at terms that meet your special requirements.
Here are 6 great reasons to use Pacific West:
1. Pacific West has an efficient loan underwriting process
2. Pacific West has much more flexibility than a lending institution
3. The borrower may want to use the loan proceeds for something other than the purchase of the property
4. Pacific West’s strategy is generally to hold the loan
5. Banks and institutional lenders may have difficulty in evaluating a specialized property
6. The borrower may need to use multiple properties as collateral for the loan
Pacific West Mortgage Fund, LLC is located in Torrance, CA. They offer financing for Bridge Loans, Hard Money Loans and Investment property Line of Credit. The property type they primarily lend against is SFR, 2-4 Units, Automotive, Multi Family, Industrial, Mixed use, Land Entitled, Medical Office, Place of Worship, Self-Storage and Special-Use. Their minimum loan amount is $100,000. Their maximum loan amount is $2,500,000. They offer loans for a minimum Term of 1 year. Maximum duration of 1 year;2 years. Although rates can change they are typically lending at a minimum rate of 9%. Maximum interest rate of 12%. Points charged are deal specific, but historically have charged a minimum of 2. Maximum points charged are 2.
These descriptions are limited information and meant for general reference purposes.