CapturePacific Private Money recently funded a $575,000, 57.503% LTV on an owner occupied bridge loan in San Jose.

Due to a complicated income situation and the need for speed, conventional financing was not an option for the borrower.

However, Pacific Private Money recognized multiple strengths of the transaction, including; strong LTV, good reserves, and great collateral and was able to fund this purchase using private money.

Author: Mark Hanf

CA. DRE # 01811186 | NMLS No. 331091

Mark is Founder, President, and CEO of the San Francisco Bay Area-based Pacific Private Money Group of companies. Pacific Private Money Inc., the flagship company, is an alternative real estate mortgage lender founded in 2008 to provide consumers and real estate investors access to fast, reliable, and convenient capital.