Pacific West Mortgage Fund
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- We are a pooled mortgage fund of nearly 100 investors with total portfolio value that fluctuates between $25-30 million and growing. Since the start of 2015 we have been paying 8% return and don't anticipate that changing this year. This return comes from making business purpose loans at 8.5-11% interest secured by real estate. Our weighted overall loan-to-value stays steady between 50-55%. This means all of the money we invest is secured by real estate at a much higher value; if the loan defaults and we have to foreclosure, we typically make an even greater profit. For brokers and potential borrowers:-Business PURPOSE loans only on most property types. -Our primary area is Southern CA but will consider loans in any major market.-Our most common interest range as of 2017 is 9-9.5% but can go as low as 8.25% for a better quality deal. Typically we take .5-1.5 in points -Term lenght is typically 1-3 years with some exceptions. Loans made or arranged pursuant to a California Finance Lenders Law license. This description is for information purposes only. For audited financials, official documents, and more information please contact us.
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Headquarters:1971 West 190th Street Suite 200, Torrance, California, United States
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Phone Number: +1 310-295-1954
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Website: https://www.pacificwestfund.com
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Employees:2
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Revenue:$1 - 10M
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Legal Name:Pacific West Mortgage Fund
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Pacific West Mortgage Fund's Social Media
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| NAICS Code: 531210 |
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Frequently Asked Questions regarding Pacific West Mortgage Fund
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Where are Pacific West Mortgage Fund's Headquarters?
Pacific West Mortgage Fund's Headquarters are in 1971 West 190th Street Suite 200,Torrance,California,United States
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What is Pacific West Mortgage Fund's phone number?
Pacific West Mortgage Fund's phone number is +1 310-295-1954
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What is Pacific West Mortgage Fund's official website?
Pacific West Mortgage Fund's official website is https://www.pacificwestfund.com
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What is Pacific West Mortgage Fund's Revenue?
Pacific West Mortgage Fund's revenue is $1 - 10M
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What is Pacific West Mortgage Fund's NAICS code?
Pacific West Mortgage Fund's NAICS code is 531210
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How many employees are working in Pacific West Mortgage Fund
Pacific West Mortgage Fund has 2 employees
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What is Pacific West Mortgage Fund's Industry?
Pacific West Mortgage Fund is in the industry of Investment Management
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Who is Pacific West Mortgage Fund's Owner?
Pacific West Mortgage Fund's Owner is Mark Granger