Picture1Pacific Private Money recently funded a $350,000 loan for a Short Sale Purchase in Union City.

The market value LTV was 55% and the purchase price LTV was 71%.  Along with the good LTV the borrower had a strong income and stable employment.

The borrower had a credit Mid FICO of 642. Her credit did not qualify for conventional financing.

Pacific Private Money sourced private money and was able to fund this Short Sale Purchase.

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.