825 College Blvd., Suites 102-614, Oceanside, CA
This is a “mixed-use” property. Unfortunately, many lenders do not care for this sort of transaction that has very few comps. Here at Pacificwide Lending, we were able to have one of our investors take on this kind of loan, and we closed the deal in 43 days.
1731 Germano Way, Pleasanton, CA
This house was a construction project that needed a construction loan. As the borrower was the person intending to build, and, also a foreigner to the U.S., it was difficult to find a lender under these circumstances.
Pacificwide Lending matched an investor with this borrower and the project was completed.
1217 48th Ave., Oakland, CA
Being an unusual type of business it was difficult to find lenders and no local lenders were interested in this endeavor. (Borrower wanted to purchase land to build a warehouse for cannabis.)
However, Pacificwide Lending, had an investor and the loan was completed.
7 Paso Cresta, Carmel Valley, CA 93924
This loan was for refinancing on a house, to finish the partial construction that was going on the home at the time. However, the borrower did not have strong tax returns, making this twice as hard to find funding.
Here at Pacificwide Lending, we found funding and the borrower completed the project.
9 Miramonte Road, Carmel Valley, CA
Borrower wanted to find funding for a construction loan to build a house, but did not have good documentation.
Pacificwide Lending set this client up with a loan and closed relatively fast with an institutional lender for a good rate.
Lots 30-32, Block 14, Del Norte Acres, TX
Del Norte Acres is an apartment complex, and the borrower had run into difficulty finding a purchase loan for this complex. As the loan was too small, $260,000, and many investors did not care about the location.
Pacificwide Lending found one of their investors and closed the deal.
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