CAL-PAC FUNDING CORPORATION

Private Money Loans

Established in 2001 and headquartered in Orange County, California, Cal-Pac Funding Corporation is your direct source for "make-sense" residential & commercial construction and permanent loans.  Since our inception we have sourced and placed hundreds of loans for the acquisition, development, construction, rehabilitation, repositioning and refinance of  all types of property including: residential, multifamily, condo-conversion, light industrial, office, retail, medical, mix-use, and special-use properties establishing Cal-Pac as one of the premier real estate finance companies in the Western US.

Cal-Pac provides short-term bridge, construction, and rehabilitation loans to real estate developers, investors, and owner-users of residential and commercial properties thoughout the United States.  Cal-Pac's competitive advantage is it's ability to quickly identify a project's strengths and weaknesses and structure and source senior & subordinated debt and joint venture capital.     

Cal-Pac is backed by the financial strength of its investor network which includes hundreds of high-net-worth individuals such as retirees and trusts. Other investors include partnerships, investment groups, small to mid-size corporations, self-directed retirement accounts, traditional company pension plans, hedge funds, and REIT's. 

 

 

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Below you will find the latest Real Estate News.

MSNBC Real Estate News
 
Book review: "Houseonomics: Why Owning a Home Is Still a Great Investment," by Gary N. Smith and Margaret H. Smith
8/23/2008 2:00 AM
Owning instead of renting, even in the current climate, pays a financial dividend, the authors explain.

With home prices continuing to fall -- and expected by many experts to decline further before finding a bottom -- it's very easy to play that......
 
Tankless water heaters don't always reduce energy bills
8/16/2008 2:00 AM
Improper installation or product sizing can get in the way of any instant energy savings. Before installing, consider all the specifications.

STEVE BROWNELL has a dim view of his tankless water heater, and he's in denial about his utility bills.......
 
Condo buyers are in the driver's seat
8/10/2008 2:00 AM
But with few projects on the horizon, good deals that are available now may not last.

Saving up for a brand-new condo that's move-in ready? Just want to turn the key and unpack your boxes? Condominiums are a popular alternative to single-family ......
 
Taking steps to make sure your builder won't go bust
8/10/2008 2:00 AM
With more firms in financial trouble, buyers could be left holding the bag.

It's always wise for would-be home buyers to make sure that the builders they choose are on solid footing. But at a time when many companies are teetering on the brink o......
 
Homeowners get tax breaks in housing bill
8/10/2008 2:00 AM
The Housing and Economic Recovery Act doesn't only stave off foreclosures and help troubled lenders. First-time buyers, older homeowners and others also benefit.

Tax breaks for owning real estate are undergoing another shift, thanks to the Housi......
 
Law narrows home sellers' use of tax-free exclusion
8/10/2008 2:00 AM
-- Deep in the nearly 700 pages of the new housing bill just signed into law is a complicated tax code change that could affect substantial numbers of people who purchase second homes or rental investment real estate in the coming decade with an eye to occupying them as their main residence later.......
 
Don't blow your budget on rent
8/10/2008 2:00 AM
Dear Liz: I have read in your columns and elsewhere that people shouldn't spend more than 30% of their gross incomes on housing.......
 
Should you buy a home now?
8/3/2008 2:00 AM
The drop in prices may mean it's time to jump in. Or is it too soon? Experts offer pros and cons.

Southern California median home sale prices are down about 30% from their peak. That's about as far as they fell in the 1990s real estate downturn,......
 
Homeowners rent out property as they wait for a better market
8/2/2008 2:00 AM
As would-be sellers become first-time landlords, experts warn of pitfalls and stress the need for preparation.

For the last five years, real estate agent Paul Sessum said his sellers' first two questions were usually: What's my home worth, and h......
 
Tax credit for home buyers works like an interest-free loan
8/3/2008 2:00 AM
Purchasers can shave as much as $7,500 off their IRS bills, though it must be repaid.

Anyone who's been sitting on the sidelines hesitant to jump into the housing market until conditions settle down should know these dates: April 9, 2008, throug......


MSNBC Real Estate News
 
Mortgage applications up for first time in weeks
8/27/2008 6:23 AM
U.S. mortgage applications rose for the first time in three weeks as interest rates edged lower, an industry group said on Wednesday......
 
Builders get creative to lure homebuyers
8/27/2008 11:05 AM

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In housing market, ‘hints of a bottom’
8/26/2008 3:33 PM

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Fannie Mae unveils management shakeup
8/28/2008 4:28 AM

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Home prices drop by a record amount
8/26/2008 10:05 AM

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New-home sales rose unexpectedly in July
8/26/2008 9:47 AM

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Existing-home sales rose 3.1 percent in July
8/25/2008 6:22 PM

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Merrill Lynch agrees to $7 billion settlement
8/22/2008 3:54 PM
Federal regulators say Merrill Lynch & Co. will buy back up to $7 billion in auction-rate securities over its role in selling the risky bonds to retail investors......
 
Fannie, Freddie rescue plans spark anxiety
8/21/2008 6:04 PM
A government rescue of Fannie Mae and Freddie Mac could be costly for scores of investment, banking and insurance companies that hold billions in preferred shares of the mortgage finance giants as assets......
 
After negative report, appraisers call for reform
8/20/2008 6:23 PM
Four national associations of real estate appraisers have asked Congress for major regulatory reforms in the wake of an Associated Press investigation that identified key failings within the existing system......


Making 'Hard Money' Easier

Real Estate Broker - Ca. Dept. of Real Estate
License # 01316906


CAL-PAC FUNDING CORPORATION 31658 South Coast Highway Laguna Beach, CA. 92651
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