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Competitive rates and affordable closing costs

Upfront, honest advisors

Fast closings, no hassles

Dedicated loan advisors

"I got a great rate on my mortgage refinancing and you were honest during the whole process. Thank you!"
- Carol Thomas 

"I didn't have the best credit and was turned down 3 times before I found your site. Thanks for helping me get my home loan."
- George Arkin Buffalo, NY

"The first good experience I've had getting a mortgage loan. I will recommend First Pacific Lending Solutions  to everyone I know."
- Ben Vernes New York, NY

 
 
Mortgage

Are you a first time homebuyer?, but have bad credit or past bankruptcy? If so, First Pacific Lending Solutions  is the right choice in getting your first time homeowner mortgage approved! Through our network of lenders throughout North America, we can help you find a mortgage that best suits you, even if you need a 100% no money down mortgage loan. 

Buying a home for the first time is normally a stressful process. However, First Pacific Lending Solutions . will be with you every step of the way. First time homebuyers can get their loans approved with no down payments and terms ranging from 10 to 30 years. Everyone deserves the American Dream of home ownership. We help you obtain it without a hassle!

Business Loan

If you are planning to start your own small business, you are likely going to need a small business loan to help you get started. It is very rare that a small business is going to get under way without a loan. Small business loans help you to cover your business' original costs to get started like supplies, business space, marketing etc. small business loans will help you cover all of your small business start up needs. Generally you must have a detailed business plan and year's forecast in order to get a small business loan. If you are going through a bank for your small business loan you will need collateral and good credit, but there are plenty of companies that will give you a small business loan even if you do not have perfect credit.

Personal Loan

When you need to borrow money for things other than cars, mortgages, and outright home purchases; what you are looking for are personal loans. Personal loans are offered by many different companies and are given for just about any reason like debt consolidation. Almost every company that will lend you money for a person loan is likely to require a higher interest rate because of the fact that there is no viable asset attached to the loan. Companies like americaone.com will offer you personal loans that are unsecured when you take an online tour of their website.

Home Equity

A home equity loan is a loan that uses your home as collateral. Your home equity is the part of your home that you actually own and this is the guarantee for your loan.

Your home equity is calculated by taking the current value of your home and subtracting your mortgage. For example, if your home is worth $150, 000 and you have a $100,000 mortgage, you have $50,000 of equity in your home. A home equity loan allows you to borrow money using your equity of $50,000 as security for the loan.

A home equity loan, often called a second mortgage, reduces your equity or ownership in your home. Since your home guarantees your loan, if you default on the payments, you can lose your home.

Debt Consolidation

Debt consolidation is simply a process by which an individual obtains a loan in order to use it to pay off other non-secured consumer loans and credit cards.

The main objective is to obtain a low interest rate loan, with low monthly payments, while not adversely affecting your overall credit rating or putting other assets that you may have at risk. In many cases, individuals have numerous credit card and loan debts at varied (but usually high) rates of interest, so debt consolidation is definitely a smart way for these individuals to ease their monthly debt payment obligations, and reduce their long term payback commitments.

Home Purchase Loans

Today's homeowner has more financing options than have ever been available before. From traditional mortgages to refinancing and home equity loans, there are financing packages designed to meet the needs of virtually anyone. When selecting the right loan for yourself, you must take into account your current financial situation and what you expect your financial situation will be in the future. There are other factors that will need to be included in making this decision such as how may points you wish to pay and whether you wish to be tied into a set interest rate for the term of the loan or are willing to take a gamble and get an adjustable mortgage.

Second Mortgage Loan?

Second mortgage loans are different from first time homeowner loans since they are normally paid back in less time (15 years or less), have a higher interest, and can be many different loan solutions. With second home loans you can consolidate personal debts, borrow to pay off education loans, and things such as home improvements. Second mortgage loans are normally offered at a fixed loan amount on a repayment schedule - they are popular because once someone owns a home they use the increase in their homes value to their advantage needing cash flow or the use of the equity amount in their home to consolidate bills. Make sure you are careful with these loans in that if you say you will pay the loan back in one or two years you do not want to borrow an amount that you cannot repay in that timeframe. Be reasonable and be able to forecast your budget to your individual credit needs.

Business Loans

Business loans can be defined as money lent for a specified amount of time at a specific interest rate to a specific person or people that operate a business or plan to operate a business. This definition is very broad, but so are the various types of loans available to business people. Deciding on which type of business loan that you and your company will benefit from the most is very important. Often times, a start-up business or someone that has never owned a business will find themselves more or less applying for a “personal” loan. This can be a very risky endeavour, mixing business loans with personal loans, however, often times it is the only available means for first time business owners.

One of the first things personal business owners need to do is establish business credit. Business credit can help you get a business only loan without using your personal credit. Establishing business credit can be done by:

1.) Opening up a business credit card account and paying it in full.

2.) Buying equipment and supplies from companies that will report good standing to the business credit bureaus.

3.) Having a good business plan with potential earnings, letters of intent, and any type of customer contracts already laid out.

All of these types of endeavours can help in receiving a business loan. Often times, financial institutions require in-depth business plans, be prepared to spend days working on just the certification paperwork prior to applying for a business loan. A business only loan can be obtained in the business name without use of personal credit as long as the business can justify the loan amount and the ability to pay it back.

There are several different types of business loans available, ranging from those secured with collateral, non-secure loans, which are based upon the credit worthiness of the applicant, and even government loans for small business ventures, women and minorities. Government loans are those loans secured by the government; in most instances these loans are available when the business or owner can prove that the community will prosper based upon the business at hand. For the most part, government loans are based upon personal credit.

The basis for which you may need or require a business loan may vary. Some of the most common business loans available to business owners are:

-Acquisitions or a loan to acquire an existing business
-Inventory loans
-Account Receivable Loans
-Working Capital Loans which converts a companies assets into working capital
-Equipment Leasing
-Commercial Property loans
-Warehouse financing
-International business loans
-Franchise loans

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