Sterling Pacific Financial

Sterling Pacific Financial, established in 1998, is a private lender based in Watsonville, California, specializing in real estate investments across Northern California. They offer flexible loan programs for various property types, including residential and commercial, with loan amounts ranging from $50,000 to $5 million.

Direct Lender for Real Estate Investors in Northern California

Established in 1998, Sterling Pacific Financial is a privately held real estate lending and investment management company operating throughout Northern California. We are committed to helping borrowers leverage their real estate holdings with creative, efficient and flexible loan programs.

LTV for Residential Property: up to 75%
LTV for Commercial Property: up to 65%
LTV for Agricultural Property: up to 65% on real estate only, exceptions apply based on crop
LTV for Land: up to 35%

Details and Requirements

Property Geographic Area Details

Northern California

Loan Amounts

$50,000 to $5,000,000

Interest Rates

8% to 12%

Origination Fees

3% to 6%

Loan Terms

12 to 36 months

Lien Position

1st, 2nd

Credit Check Required

yes

Prepayment Penalty

Typical Closing Time (Days)

Fastest Closing Time (Days)

Payment Structure

Interest Only
Interest Reserve

Personal Guaranty (Recourse) Required

Always

Borrower Entity Types Considered

Individual(s)
LLC
Limited Partnership
Trust
Corporation
Non-Profit Corporation
Self-Directed IRA

Documentation Required

Credit Report
Tax Returns
Bank Statements
Financial Statements
Loan Application

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

Will Consider Collateralizing Multiple Properties in One Loan

yes

Will lend to a foreign national

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

yes

Will Consider Equity Joint Venture

Collateral Types

Residential Property
Commercial Property

Loan Purpose

Investment Acquisition
Investment Refinance
Improve Subject Property
Use Equity to Invest in Another Property
Invest in a Business
Business Working Capital
Value Add Project
Development Project

Property Occupancy

Vacant
Tenant Occupied 100%
Tenant Occupied Partial
Owner Occupied Commercial

Sterling Pacific Financial’s Lending Activity

Data Provided By Elementix

12mo Loan Volume

$10,382,700

12mo Loan Count

Total Loan Volume

$76,153,425

Average Loan Size

$785,087

Loan Count by State (Past 12 Months)

CA: 12, NC: 1

Data provided by

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The principals at Sterling Pacific created the company as a way to leverage their 40 years of continuous real estate investment success. Today, we are one of the largest private trust deed investment firms in California, with over $450 million in loans originated since inception. Through our specialized, innovative approach to investing in real estate, we strive to achieve consistent growth and profitability for our investors and borrowers.

Office Locations

1205 Freedom Boulevard, Suite #2, Watsonville, California 95076

Connect with Sterling Pacific Financial:

Our Team

Joshua C. Fischer

Managing Director

CA DRE Broker Lic. - 01825492

Kelly Baldwin

Director, Investor Servicing

Max Bushman

Controller, Accounting Operations

Ed Rauber

Director, Accounting Operations

KC Jackson

Director, Special Assets

Our minimum loan amount is $50,000

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