When you have an important real estate transaction, you need a reliable source of funding, one that can provide the funding you need – when you need it. It also helps if that source is experienced, friendly, and committed to making the entire process as painless as possible.

You’ve found that source: Pacific Private Money Inc.– the fastest growing private lender in Northern California! We’ve made over 2,000 loans since 2008 to borrowers like you. Find out what we can do for you.

Property Geographic Area Details
Throughout California and Arizona
Loan Amounts
$150,000 to $5,000,000
Interest Rates
8.5% to 12%
Loan Terms
12 months to 36 months
Origination Fees
1% to 4%
Lien Position
1st, 2nd
Collateral Types
  • Residential Property
  • Commercial Property
Loan Purpose
  • Investment Acquisition
  • Investment Refinance
  • Improve Subject Property
  • Use Equity to Invest in Another Property
  • Development Project
  • Primary Residence Purchase
  • Personal Use
Property Occupancy
  • Vacant
  • Tenant Occupied 100%
  • Owner Occupied Commercial
  • Owner Occupied Residential

Maximum Leverage

Residential Fix & Flip
Max LTP: 90%
Max LTC: 85%
Max LTARV: 75%
Multifamily Value-Add
Max LTP: 85%
Max LTC: 85%
Max LTARV: 75%
Residential Construction
Max LTP Land: 90%
Max LTC: 85%
Max LTCV: 75%

Property Types

  • 2-4 Units Residential
  • Commercial Condominium
  • Condominium
  • Industrial
  • Mixed-Use
  • Multifamily
  • Office
  • Retail
  • Single Family Residence

Loan Types

  • Private Money
  • Hard Money
  • Residential Bridge
  • Residential Ground-Up Construction
  • Residential Owner-Occupied

Specialty Loan Types

  • 2nd Mortgage Equity Cash Out
  • 3rd Mortgage Equity Cash Out
  • Luxury Homes
  • Primary Residence Bridge
  • Primary Residence Business Purpose Cash Out
  • Residential Long-Term Rental

Junior Lien Loan Amounts

$150,000 to $2,000,000

Junior Lien Interest Rates

9.9% to 12%

Junior Lien Loan-to-Value

65%

Junior Lien Origination Fees

2% to 4%

We Fund Junior Position Loans

Often

Junior Lien Types

  • Refinance
  • Equity Cash Out
Will consider junior lien for owner-occupied consumer loans and business or investment purpose.
Max loan amount for multi-family is $20,000,000.

Max Loan-to-Purchase Price

75%

Borrower Must Have Property Under Contract

yes

Will Provide Proof of Funds Letter

no

Will Consider Lending on Purchase from Auction

no

Allowed Source of Borrower’s Equity

  • Own Cash
  • Partner
  • Equity in Another Investment Property
  • Equity in Primary Residence
  • Family

Development Experience Required

yes

Minimum Number of Ground-Up Construction Projects Completed by Borrower

3

Max LTC for Ground-Up Construction Costs

80%

Interest Charged for Construction Costs

Entire Amount of Total Project Costs

Will Lend on Partially Completed Construction Projects

yes

Multi-Purpose Lender Fee

We charge a fee for processing and loan documents

Appraisal Fee

Borrower pays fee directly to appraisal company

Fees which are mandatory for all new borrower clients

  • Underwriting Fee
  • Processing Fee
  • Documents Fee

Fees which are paid to a third party company

  • Appraisal Fee
  • Escrow Fee
  • Title Fee

Details and Requirements

Typical Closing Time (Days)

13

Fastest Closing Time (Days)

5

Payment Structure
  • Interest Only
  • Amortized
  • Interest Reserve
Payment Structure Details

Consumer purpose loans are amortized

Pre Payment Penalty

no

Will lend to a foreign national

yes

Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage

yes

Will Consider Collateralizing Multiple Properties in One Loan

yes

Will Consider Equity Joint Venture

no

Borrower Entity Types Considered
  • Individual(s)
  • LLC
  • Limited Partnership
  • Trust
  • Corporation
  • Self-Directed IRA
Documentation Required
  • Credit Report
  • Financial Statements
  • Loan Application
Personal Guaranty (Recourse) Required
Sometimes
Credit Check Required

yes

Appraisal Required for Residential Property

Sometimes

Appraisal Required for Commercial Property

Sometimes

Broker Price Opinion (BPO) Accepted for Residential Property

Sometimes

Broker Price Opinion (BPO) Accepted for Commercial Property

Sometimes

Legal Disclaimer

Loan amounts below and above stated range are possible on a case by case basis. Pacific Private Money Inc. operates under the following lender licenses: NMLS ID: 945582, California Department of Financial Protection and Innovation: 6054605, and Real Estate Corporation License Endorsement: 01897444. *Loans will be arranged or made pursuant to a California Department of Financial Protection and Innovation license. Visit https://nmlsconsumeraccess.org

Additional Details

Closing timeframe is longer than 14 days when TRID rules apply, typically for consumer purpose loans.

Get In Touch

Pacific Private Money pays us to be listed, so there is no fee to connect. Share your loan request, send a simple email, call, or visit their website.

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Founded in 2008, Pacific Private Money is a California-based private (hard) money lender that provides loans for individual and commercial California borrowers. Borrowers and their referral sources (real estate agents, brokers and conventional lenders)  choose Pacific for its speed, flexibility, and  holistic lending approach.

Pacific Private Money has a reputation for providing friendly and reliable service to  borrowers and referral sources. We strive to provide best-in-class alternative financing solutions for real estate transactions.

NMLS ID: 945582, California Department of Financial Protection and Innovation: 6054605, Real Estate Corporation License Endorsement: 01897444, *Loans will be arranged or made pursuant to a California Department of Financial Protection and Innovation license. Visit https://nmlsconsumeraccess.org

License

NMLS ID 945582, California DFPI 6054605, CA DRE Broker Lic. 01897444

Company Size (Number of Employees)

45

Year Established

2008

Associations

  • California Mortgage Association
  • American Association of Private Lenders
  • Mortgage Bankers Association

Office Locations

1555 Grant Avenue, Novato, California 94945

Primary Capital Source
  • Debt Fund We Manage
  • Individual Investors
  • Other Private Lending Companies
  • Bank Credit Line
Alternative Capital Sources
  • Individual Investors
  • Family Offices
  • Bank Credit Line
Loan Structure for Majority of Loans
  • Own Balance Sheet
  • One Investor One Loan
  • Multiple Investor Fractionalized Note
  • Table Funding with Capital Partner
  • LLC Syndicated Investors
Percentage of Loans Secured by Commercial Property

20%

Percentage of Loans Secured by Residential Property

80%

Total Number of Loans Funded to Date

2000

Total Loan Volume Funded to Date

$1,300,000,000

Our Team

Mark Hanf

Broker-President/CEO

CA DRE Broker - 01811186
NMLS ID - 331091

Nam Phan

COO

NMLS - 945582
CA DRE - 01310091

Edward Brown

Investor Relations

Rick Culp

Senior Underwriter

Mirka Garrett

Loan Operations/Compliance Manager

Darrel Bilbrey

Chief Strategy Officer

Get In Touch

Pacific Private Money pays us to be listed, so there is no fee to connect. Share your loan request, send a simple email, call, or visit their website.

Stay Informed About Private Lending

Receive our monthly newsletters with valuable insights and industry updates
subscribe-illustration
Before You Contact Us

Our Minimum Loan Amount Is

$150,000

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