Cash Out & Purchase Money Loans Available for Real Estate Investors
Lender can provide cash-out on your newly remodeled REO or short sale up to 65% of the new market value, regardless of your cost basis! Purchase money of 65% or more on select REO & Short Sale transactions.
Investment Purchase
Refinance
Bridge Loan while property is for sale
TIC (Tenants In Common)
Loan Amount: $40,000 to $1,000,000
Interest Rates: 9-12%
Loan Position: 1st preferred (may consider 2nd mortgage)
Loan to Value: up to 65%
Loan Term: 6 months - 3 years
Fees: 3-5 points
- No FICOs, No tax returns
- Can use multiple properties as collateral
- Competitive rates/fees/terms
- Can fund in 7-10 days or less
Marin County
Contra Costa County
Solano County
Sacramento County
San Mateo County
Santa Clara County
Alameda County
Napa County
Lender will require the following documents after giving verbal approval of funding (submit your information first):
- Preliminary Title Report
- 1003 Loan Application with Schedule of Real Estate
- Credit Report (to verify debt)
- Copies of Senior Loans / Mortgage Statement (for 2nds)
- Leases / Financial Statements / Rent Roll (for commercial properties)
See other CA Private Money Loan Programs
Company: Pacific Private Money
Disclaimer: all information herein is believed to be correct, but we do not guarantee its accuracy and rely on prospects to rely only on their own investigations.