BAWB Preferred Vendors Listing

pac lenders

Company Name:

  • Pacific Private Money Loans, Inc.

Web Site:
www.PacificPrivateMoney.com

Contacts:
Mark Hanf - 415-850-5555 (cell)
mark@PacificPrivateMoney.com

John Citrigno – 800-951-9501 (cell)
john@PacificPrivateMoney.com

Description of Services:

Pacific Private Money Loans, Inc., based in Novato, CA is one of the most active private money lenders in Northern California having closed more than 600 loans to real estate investors since 2009.

With over 200 individual trust deed investors and as a direct lender with our own mortgage loan fund we have $100+ million in lending capacity and can move quickly and with certainty to fund your loan!

Loan Size & Type: $100,000 to $3,000,000. Business purpose loans for individuals and entities (LLC, Corp, Partnerships)

Property Type & Location: Single-family “Fix & Flip” and rentals, multi-family, commercial, lots and land. California only (no loans out-of-state).

Interest Rates & Origination Fees: 7.9% to 11.9%. 2 to 4 Points. Based on property location, condition, experience and credit worthiness of borrower, loan size and loan term (6 mo. to 5 years). $995 doc fee. No up-front fees.

Quick Funding: 5 to 7 business days. Faster for repeat clients or when necessary.

Leverage: We typically lend up to 75% of cost or appraisal. Higher leverage financing available.

Call John or Mark for a quick response, and no-nonsense pricing!





 

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