We are committed to helping borrowers leverage their real estate holdings with creative, efficient and flexible loan programs.
Eligible properties:
We will fund loans on the following property types:
- Condominiums
- Multi-unit residential
- Entitled lots
- Commercial buildings (existing) and new construction
- Unimproved land
- New and existing single-family residences (non owner occupied)
Q:Does Sterling Pacific require loans to be recourse?
A:Yes, in every case Sterling Pacific's loans are recourse.
Q:How fast can Sterling Pacific close my loan?
A:In most cases, Sterling Pacific will close a loan as quickly as 10 days from the issuance of a commitment letter.
Q:Will Sterling Pacific service my loan?
A:Sterling Pacific will service your loan in house and be your point of contact until payoff.
Q:Will Sterling Pacific escrow property taxes or insurance?
A:Sterling Pacific financial will evaluate each loan on a case by case basis for consideration of any escrow impounds.
Q:Do you use in house appraisers?
A:Sterling Pacific uses licensed, third party, independent appraisers who are experts in their field and specialized by geography.
