In today’s competitive housing market, more buyers are using ‘all cash’ to purchase a home. Our delayed refinancing product allows buyers who pay cash for a home to obtain cash out using a refinance – and the cash out and refinance will not be priced or treated as such.

All borrowers who purchase a property for cash are eligible for a cash-out refinance as long as the following requirements are met:

• Cash was used to pay for the property within the last six months.

• The original sources of the funds used to purchase the home are fully documented and sourced.They are the borrower’s own personal funds and not gifted, borrowed or business funds.

• The new loan is treated as a rate/term refinance.

Please contact me for more information.

Learn about our delayed purchase refinance

All rates and programs subject to change without notice. Not a commitment to lend. Sierra Pacifi c Mortgage, Inc.

Buy With Cash Today, Get a Loan Tomorrow

Jenny Montoya NMLS# 1248181

Sierra Pacific Mortgage Loan Officer

3 Corporate Park #210 Irvine, CA 92606

Email: jenny.montoya@spmc.com Office:

949-870-4008 Cell: 714-468-7549

LENDEREQUAL HOUSING

© 2016 Sierra Pacific Mortgage Company, Inc. NMLS ID #1788 (www.nmlsconsumeraccess.org). CA DBO/RMLA 417-0015 (01/16)