Our Forward and Reverse Mortgage Programs »
As a preferrred mortgage broker with many wholesale lenders,
sequoia pacific is able to offer its clients access
to a wide array
of loan programs at the most competitive prices.
A variety of fixed and adjustable rate mortages for purchasing a new home or refinancing an existing mortgage.
Fixed and adjustable rate mortgages for purchase or refinance
of an owner occupied home requiring
only a small down payment using government insurance.
Allows Seniors to convert a portion of the equity in their home into cash without having to give up title or make a monthly payment.
Purchase or refinance loans for
multi-family income units
or commercial property.
Loan programs for owner-occupied
single family homes or investment property.
Purchase or refinance loans for
improved lots or undeveloped property.
Residential Loans »
FIXED RATE LOANS
Sequoia Pacific Mortgage Company has provided the Reverse Mortgage loan products to Seniors in the Northern California area since 1996. Reverse Mortgages allow Seniors to convert part of the equity in their home into cash without having to sell, move, give up title, or make a monthly mortgage payment. Borrowers can choose to receive Reverse Mortgage funds as a lump sum, fixed monthly payments, line of credit, or as a combination of monthly income and line of credit. The loan is repaid when the last surviving borrower sells the home or permanently moves out. Reverse Mortgages funded today are loans insured by the Federal Housing Administration (FHA). Contact one of our qualified representatives to assist you
Adjustable Rate Loans
Sequoia Pacific Mortgage Company offers adjustable rate mortgages for a 30 year term. With an adjustable rate mortgage (ARM), the interest rate and payment amount can increase or decrease only at pre-determined intervals. The interest rates for adjustable rate mortgages are tied to indexes plus a margin. Currently the 1-Year LIBOR index is the commonly used index. In general, adjustable rate mortgages (ARM'S) tend to be less expensive over the life of the loan than fixed rate loan, especially in the first years, this is because the lender is willing to charge lower initial interest rates for the ARM’s because the borrower is sharing part of the risk should interest rates rise. Eligible properties include single family residences, 2 to 4 units, PUD’s and condos, second homes and investor properties.
INTERMEDIATE FIXED RATE ADJUSTABLE RATE LOANS
Sequoia Pacific Mortgage Company offers an adjustable rate mortgage in which there is an initial period that the interest rate and payment is fixed. After the initial fixed period, the loan has the same features as an adjustable rate loan with annual interest rate and payment adjustments for the remaining life of the loan. This loan product can offer lower initial fixed interest rates for borrowers that intend to move, sell or payoff their loan within the initial fixed period. The fixed period offered are 3, 5, 7 and 10 years. Eligible properties include single family residences, 2 to 4 units, PUD’s and condo, second homes and investor properties.
Contact one of our qualified representatives to assist you » DennisHarter, Tracy Kline, Francie Forchini, Robert Fields
FHA & VA Loans »
Sequoia Pacific Mortgage Company is pleased to provide for you the below resources to assist in you in the process of purchasing your home using government means.
FEDERAL HOUSING ADMINISTRATION (FHA)
FHA began in 1936 as part of President Roosevelt’s effort to jump start the economy during the Great Depression. FHA mortgages has provided low cost housing financing over the years and continues to provide access for first time Home-buyers by requiring a down payments as low as 3.5% of the purchase price. In addition, the down payment can be provided by a Gift from a family member. FHA mortgages are offered in a variety of loan products such as a Fixed Rate, Intermediate Fixed Adjustable Rate Mortgage.
VETERANS ADMINISTRATION LOANS (VA)
The Veterans Administration is neither the lender nor investor in the granting of VA loans. The Veterans Administration only insures the loans based on the guideline’s of both the VA and Congress. For a qualifying Veteran, a VA loan can be a great benefit for it allows the Veteran to purchase an owner occupied home with as little as $1 down!
Contact one of our qualified representatives to assist you » DennisHarter, Tracy Kline, Francie Forchini, Robert Fields
Residential Loans »
FIXED RATE LOANS
Sequoia Pacific Mortgage Company has provided the Reverse Mortgage loan products to Seniors in the Northern California area since 1996. Reverse Mortgages allow Seniors to convert part of the equity in their home into cash without having to sell, move, give up title, or make a monthly mortgage payment. Borrowers can choose to receive Reverse Mortgage funds as a lump sum, fixed monthly payments, line of credit, or as a combination of monthly income and line of credit. The loan is repaid when the last surviving borrower sells the home or permanently moves out. Reverse Mortgages funded today are loans insured by the Federal Housing Administration (FHA). Contact one of our qualified representatives to assist you
Adjustable Rate Loans
Sequoia Pacific Mortgage Company offers adjustable rate mortgages for a 30 year term. With an adjustable rate mortgage (ARM), the interest rate and payment amount can increase or decrease only at pre-determined intervals. The interest rates for adjustable rate mortgages are tied to indexes plus a margin. Currently the 1-Year LIBOR index is the commonly used index. In general, adjustable rate mortgages (ARM'S) tend to be less expensive over the life of the loan than fixed rate loan, especially in the first years, this is because the lender is willing to charge lower initial interest rates for the ARM’s because the borrower is sharing part of the risk should interest rates rise. Eligible properties include single family residences, 2 to 4 units, PUD’s and condos, second homes and investor properties.
INTERMEDIATE FIXED RATE ADJUSTABLE RATE LOANS
Sequoia Pacific Mortgage Company offers an adjustable rate mortgage in which there is an initial period that the interest rate and payment is fixed. After the initial fixed period, the loan has the same features as an adjustable rate loan with annual interest rate and payment adjustments for the remaining life of the loan. This loan product can offer lower initial fixed interest rates for borrowers that intend to move, sell or payoff their loan within the initial fixed period. The fixed period offered are 3, 5, 7 and 10 years. Eligible properties include single family residences, 2 to 4 units, PUD’s and condo, second homes and investor properties.
Contact one of our qualified representatives to assist you » DennisHarter, Tracy Kline, Francie Forchini, Robert Fields
Income/Commercial Property Loans »
Sequoia Pacific Mortgage Company offers fixed and adjustable rate programs for the acquisition, construction, renovation, and refinance of commercial and/or income property Loans. These loans are specific in nature to each transaction. Loan amounts can range from $300,000 up to $4,000,000 to qualified applicants. These loans are underwriting based on the type of property securing the loan and the Net Operating Income that the property generates.
Contact one of our qualified representatives to assist you » DennisHarter, Francie Forchini, Robert Fields
Construction Loans »
Sequoia Pacific Mortgage Company offers interim construction loans for residential dwellings, apartments, commercial buildings, and spec homes. The term of a construction loan can be anywhere between 9–12 months with permanent financing available after the construction loan period. Typically the construction period will be a fixed rate mortgage. The permanent loan can be any one of the loan types referred to to in the RESIDENTIAL LOANS section of our web page. These loans are considered specialty loans.
Contact one of our qualified representatives to assist you » DennisHarter, Tracy Kline, Francie Forchini, Robert Fields
Land Loans »
Sequoia Pacific Mortgage Company offers a fixed rate interim land loan for owner occupied single family dwellings. The term of the land loan is 24 months.
Contact one of our qualified representatives to assist you » DennisHarter, Tracy Kline, Francie Forchini, Robert Fields