Sun Pacific Mortgage
- Ken Walker
Hard Money Loan | |
| Property Types | 2-4 Units, SFR |
| Lendding Area | california |
| Loan amount Minimum | $100,000 |
| Loan amount Maximum | $2,000,000 |
| Interest Rate Minimum | 10% |
| Interest Rate Maximum | 15% |
| Terms | 1 year, 2 year, 3 year |
| Extensions Available | Not Offered |
| Cross Collateralize Blanket | Yes |
| Lien Position | 1st, 2nd |
| Prepayment Penalty | 3 months, 4 months, 6 months |
| Intended Occupancy | Tenant, Vacant, Owner Occupied Business Purpose |
| Fixed or Adjustable | Fixed |
| Recourse | Non Recourse |
| Reserve Requirement | None |
| Program Code | LG546 |
Bridge Loan | |
| Property Types | 2-4 Units, Condo, SFR |
| Lendding Area | california |
| Loan amount Minimum | $150,000 |
| Loan amount Maximum | $1,500,000 |
| Interest Rate Minimum | 10% |
| Interest Rate Maximum | 14% |
| Points Minimum 1st TD | 3 |
| Points Maximum 1st TD | 5 |
| Terms | 1 year, 15 year |
| Interest Only or Amortized | Amortized and Interest Only Options available |
| Fees | Processing Fee |
| Lien Position | 1st |
| Prepayment Penalty | No Prepayment Penalty |
| Intended Occupancy | Owner Occupied Primary Residence |
| Fixed or Adjustable | Fixed |
| General Pricing or Guideline info | Owner Occupied Bridge/Temp/Long Term Consumer Purpose Loans (Purchase & Refinance) TERM: 11 months - Interest Only or 15 Year Hybrid Loan (3 years Interest plus 12 years fully amortized) RATE: 10% - 14% PREPAY PREMIUM: NONE LTV: 65% - 75% POINTS* & FEES: 3 - 5 pts Plus $2590 (Processing, Doc Prep, & Underwriting) |
| Updated as of | 2024-01-11 |
| Program Code | LG400 |
Bridge Loan | |
| Property Types | 2-4 Units, Condo, SFR |
| Lendding Area | california |
| Loan amount Minimum | $150,000 |
| Loan amount Maximum | $1,500,000 |
| Interest Rate Minimum | 10% |
| Interest Rate Maximum | 14% |
| Points Minimum 1st TD | 3 |
| Points Maximum 1st TD | 5 |
| Terms | 1 year, 2 year, 3 year |
| Interest Only or Amortized | Interest Only |
| Fees | Processing Fee |
| Lien Position | 1st |
| Prepayment Penalty | 3 months, 6 months |
| Intended Occupancy | Non-owner occupied, Owner Occupied Business |
| General Pricing or Guideline info | Business Purpose Loans Non-Owner, Owner Occupied Property (Purchase & Refinance) TERM: 1 to 3 years - Interest Only (Longer case by case) RATE: 10% - 14% PREPAY PREMIUM: 3 - 6 months LTV: 65% - 75% POINTS* & FEES: 3 - 5 pts Plus $2590 (Processing, Doc Prep, & Underwriting) |
| Updated as of | 2024-01-11 |
| Program Code | LG399 |
Bridge Loan | |
| Property Types | 2-4 Units, Condo, SFR |
| Lendding Area | california |
| Loan amount Minimum | $150,000 |
| Loan amount Maximum | $1,500,000 |
| Interest Rate Minimum | 10% |
| Interest Rate Maximum | 14% |
| Points Minimum 1st TD | 3 |
| Points Maximum 1st TD | 5 |
| Terms | 5 year |
| Interest Only or Amortized | Interest Only |
| Fees | Processing Fee |
| Lien Position | 1st |
| Prepayment Penalty | No Prepayment Penalty |
| Intended Occupancy | Tenant |
| Fixed or Adjustable | Fixed |
| General Pricing or Guideline info | Investment Property Consumer Loans (Refinance) TERM: 61 months Interest Only RATE: 10% - 14% PREPAY PREMIUM: NONE LTV: 65% POINTS* & FEES: 3 - 5 pts Plus $2590 (Processing, Doc Prep, & Underwriting) |
| Updated as of | 2024-01-11 |
| Program Code | LG401 |
Summary of all Guidelines | |
| Loan Types | Bridge Loan, Hard Money Loan |
| Property Types | Condo, Multi Family, SFR |
| Lendding Area | california |
| Loan amount Minimum | $150,000 |
| Loan amount Maximum | $1,500,000 |
| Interest Rate Minimum | 10% |
| Interest Rate Maximum | 14% |
| Points Minimum 1st TD | 3 |
| Points Maximum 1st TD | 5 |
| Terms | 1 year, 4 Years, 5 years |
| Interest Only or Amortized | Interest Only |
| Prepayment Penalty | None |
| LTV Bridge | 60 |
| Upfront Fees | Loan Documents, Processing |
| Personal Guarantee /Recourse Required | Recourse |
| Intended Occupancy | Owner, Non-Owner, Owner bridge, Other |
| Special Features | Non-Prime Consumer |
| Consumer Purpose Occupancy Types - 1st Mortgages | Business Purpose, Owner Bridge, Yes |
Trusted and Direct Private Money Lending
Faster funding! Our fastest loan so far: 48 hours
Credit score not generally a factor (bad or poor credit – we can still help you!).
Up to 65% – 75% LTV, case by case basis.
Help when turned down elsewhere for loans on owner-occupied and investment properties
Single Family Houses, Multi-Family Properties, Condos and Business Properties
Sun Pacific Mortgage is located in Santa Rosa, CA. They offer financing for Bridge Loans and Hard Money Loans. The property type they primarily lend against is SFR, Multi Family and Condo. Their minimum loan amount is $150,000. Their maximum loan amount is $1,500,000. They offer loans for a minimum Term of 1 year. Maximum duration of 1 year;4 Years;5 years. Although rates can change they are typically lending at a minimum rate of 10%. Maximum interest rate of 14%. Points charged are deal specific, but historically have charged a minimum of 3. Maximum points charged are 5.
These descriptions are limited information and meant for general reference purposes.