Key Considerations About Private Money Mortgages

While private money loans are faster and more flexible than traditional mortgages, they typically come with shorter terms (6-36 months) and generally require a clear repayment or exit strategy. Due to the increased risk (less qualifications required), these loans come with higher interest rates (9% - 14%).

Lenders will primarily focus on the equity position in the property and the borrower's plan to repay or refinance. Loan to value (LTV) generally plays the biggest role in determining what the interest rate will be.

Borrowers, real estate agents and brokers turn to private mortgage lenders. like Pacific Direct Mortgage, for a wide range of reasons including:

• * Fast closings for time-sensitive purchases.
• * Bridge loans to access equity before selling a primary residence, helping to buy a new home.
• * Fix-and-flip projects or homes needing repairs, where the property condition disqualifies it from conventional financing.
• * Cash-out refinancing for urgent business capital needs.
• * Difficult to document or difficult to prove income as self-employed.
• * High debt-to-income ratio circumstances that can be improved once debt consolidation is done or another mortgage is paid off.

At Pacific Direct Mortgage, we not only have helped hundreds of individual homebuyers and borrowers directly, but we also work with hundreds of private investors, brokers, and real estate professionals throughout California, offering creative real estate financing options that make deals happen—when others can’t!

So whether you are:

• * A homebuyer struggling with conventional loan qualifications;
• * A real estate investor needing to add investments to their portfolio;
• * A mortgage broker or real estate agent looking for creative lending solutions for clients;
• * A lender looking to place capital into California real estate deeds of trust for high returns;

Our team at Pacific Direct Mortgage is ready to help! This is what we specialize in so call today 707-708-0797 for a free consultation or find out more at www.pacificdirectmortgage.com.

Ken & Ari Walker

Husband & Wife Team
Phone: 707‑708‑0797 / Office: 1400 N. Dutton Ave #22 Santa Rosa, CA 95401
Ken: CA DRE Broker #01858042 / NMLS #1221130
Ari: CA DRE #01858152 / NMLS #2170867

Ken & Ari are a husband & wife team with combined 3+ decades in real estate and private money industries. They own Pacific Direct Mortgage & Real Estate, specializing in Private Money loans (also known as Hard Money home loans). Having helped thousands of Borrowers & working directly with Brokers, Agents and Lenders to help when needed with fast, flexible, alternative financing for real estate purchases and refinances throughout California. No issues with DTI ratios, credit issues, property condition, difficult to prove income ‑ we want to help!