We’re Hiring – Pacific Private Money
Wanted- private mortgage loan originator in Santa Clara & San Diego Counties. Pacific Private Money, one of California’s premier private lenders, is expanding throughout California and looking for a dynamic, self-motivated outside sales agents (loan agents) to originate private money loans in Santa Clara and San Diego Counties. The ideal candidates must be experienced in…
Join our next fund seminar, April 17th in San Mateo!
Please join us on Tuesday, April 17th in San Mateo for our next investment information session. At this session, you will hear about: The Pacific Private Money Fund – Our conservative California mortgage pool fund that has been paying out steadily between 7.5- 8%. In it’s 5th year, the Pacific Private Money Fund, has delivered solid,…
Announcing PrivateMoneyLoans.com!
We are thrilled to announce the launch of our new online platform designed to make it easy for you to invest directly in trust deed-secured notes. PrivateMoneyLoans.com provides a secure online marketplace for Trust Deed investors. Investors can research, pledge, and buy sponsored Trust Deeds, including fractional interests online, while enjoying a simplified and efficient…
Join Us Via Webinar on Nov 2nd as We Talk About the PPM Fund
Please join us on November 1st to learn about investing in the Pacific Private Money Fund*. When: Wednesday, November 1st from 5 – 6pm Where: Via Webinar- https://attendee.gotowebinar.com/register/1002278901829879553 RSVP above or click HERE. Bring your questions and come hear the details on how our conservative mortgage pool fund can be a great addition to your investment…
Interested in mortgage fund investing? Join us via webinar on November 1st!
Please join us on November 1st to learn about investing in the Pacific Private Money Fund*. When: Wednesday, November 1st from 5 – 6pm Where: Via Webinar- https://attendee.gotowebinar.com/register/1002278901829879553 RSVP above or click HERE. Bring your questions and come hear the details on how our conservative mortgage pool fund can be a great addition to your investment…
Is SF’s Challenging Market a Factor in the Region’s Employment Growth?
Original Article Written by Madeline Schnapp, Economist at Property Radar Jobs are Plentiful, Affordable Homes are Not May 2017 Home Sales Unchanged from May 2016 Median Home Price Up 3.5 Percent Y-o-Y to $815,000, Despite Month-over-Month Declines in Four of Nine Counties CALIFORNIA, JULY 13, 2017 –The San Francisco Bay Area kicked off the summer selling…
$731K recently funded loan in Campbell!
Deal Type: Consumer bridge Amount: $731,000 Term: 11 month Narrative: We recently closed a loan for a borrower in Campbell. The borrower was leasing the property with an option to purchase. However, borrower had a tax bill which needed to be paid off before they could qualify for better financing.
From Bisnow: Boomers Look to Real Estate To Afford Retirement
Great article from Julia Bunch of Bisnow: June 19th, 2017: As many as 10,000 baby boomers retire daily. Members of this generation are increasingly looking to real estate to help solve their retirement situations. Many boomers have realized their retirement plans are not sufficient and have turned to alternative investments, such as real estate, to compensate. About 30%…
Lenders – Is Your FICO and DTI Combo Killing Your 1st and 2nd Combo?
We’ve seen an uptick lately from our conventional mortgage peers whose borrowers are in jeopardy of not getting a loan when the combination of the borrower’s FICO and DTI kills their 1st and 2nd combo. Last week, we funded one such scenario. The scenario unfolded as follows: 1st mortgage – at the high balance limit…
Case Study: Private home loan for a self-employed borrower.
Mr. M. came to Pacific Private Money when his mortgage broker was unable to offer him a loan for the purchase of a primary residence in Petaluma, California. Small Business Owners/Sole Proprietor loan qualification challenges: Mr. M is a self-employed borrower with multiple business ventures. Like many business owners, his income and expenses can swing…