Why Invest With Us?
Very few investments can claim to offer high yield and a high degree of security, but Pacifica Mortgage Fund offers both!
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a high rate of return to Investors thanks to our high yield mortgage fund
a high rate of return to Investors thanks to our high yield mortgage fund•many layers of protection for their investment
many layers of protection for their investment Since 2007 we have seen the collapse of the sub-prime industry, the near collapse of the financial markets, high unemployment and probably the deepest recession since the Great Depression. Many financial institutions, banks and mortgage companies went out of business and Pacifica Mortgage Fund had its own share of delinquencies and foreclosures. However, our investors continued to get their payments as agreed and more importantly on time. Our trust deed investments have proven successful thanks to wise and experienced decision making.
Pacifica Mortgage Fund’s management is very confident that our success in managing real estate portfolios on behalf of our investors for over 25 years will continue and get even better in the foreseeable future.
Pacifica Mortgage Fund is currently offering the following guaranteed rates of return:
•7.25 percent annual rate of return for two-year investments under $1 million;
7.25 percent annual rate of return for two-year investments under $1 million; •8.5 percent annual rate of return for five-year investments under $1 million.
8.5 percent annual rate of return for five-year investments under $1 million. •For investments over $1 million, please contact us regarding the special terms and rates that may be available.
For investments over $1 million, please contact us regarding the special terms and rates that may be available. In the last few years very savvy investors invested over $30,000,000 in Pacifica Mortgage Fund, LLC after conducting extensive due diligence on “PMF” and its management team and they are currently receiving excellent returns.
Protection Through Experience
The operation of Pacifica Mortgage Fund is managed by Agam International, Inc., managed by Jerry Agam, who has been in the mortgage business for over twenty-five years and who has been operating successful mortgage pools since 1990. Thanks to a continually conservative approach to lending over the years, no investor has ever lost money invested in an Agam-managed mortgage fund and all investors have consistently received their interest and principal payments as agreed and on time.
Protection Through Equity
The maximum loan-to-value (LTV) ratio of all of our loans is 65 percent and the current average loan-to-value ratio of our mortgage fund is under 55 percent. Pacifica Mortgage Fund, LLC uses licensed independent appraisers, who are realistic and conservative about real estate values and understand each property, its condition as well as the area that the property is located.
Protection Through Conservative Underwriting
In contrast to the “fast and loose” lending practices of the subprime industry of the past few years, Pacifica Mortgage Fund, LLC only buys loans originated according to tried-and-true underwriting guidelines. With every loan, we make sure that in addition to evaluating the property, its condition and location, we understand the borrower and his or her ability to meet the obligations of the loan.
Protection Through Accountability
Most lenders are fee-driven. They originate loans, sell them to the secondary mortgage market, make money on the fees they charge to do so and therefore are less concerned with how the loan will perform in the future. Pacifica Mortgage Fund, LLC makes our money by keeping loans in our portfolio and retaining the spread between the income that the loans generate and what we pay to our investors. Our loan review and analysis is done by our unique Underwriting / Collections team who approves the loans we purchase with an eye toward ensuring that the loan has sufficient protective equity and the borrower has the ability to pay the loan back.
Protection Through the Fund Manager’s Subordination
Agam International, Pacifica Mortgage Fund’s manager, invests its own money in the mortgage fund and its equity and returns are subordinated to all other investors. Pacifica Mortgage Fund’s Private Placement Memorandum requires the Fund’s Manager to invest its own money into the LLC so that at all times its investment equals the greater of ten percent (10%) of the LLC’s total outstanding equity or Seven Million Five Hundred Thousand Dollars ($7,500,000).
Protection Through the Fund Manager’s Guarantee
As outlined in Pacifica Mortgage Fund’s Private Placement Memorandum, in the unlikely event that the cash flow generated by the mortgage fund is insufficient to make the quarterly payments to investors, the Fund Manager will be responsible for paying the full guaranteed rate of return to each investor. That is, Pacifica Mortgage Fund’s Manager, Agam International, guarantees each investor his or her specified rate of return, which is documented in a Guarantee Agreement.
Protection Against Loans in Default
In addition to providing subordinated equity and guaranteed rates of return, Agam International replaces or repurchases from the Fund any severely delinquent loan with a Notice of Sale (NOS) filing on the property.
Protection Through Diversification
Pacifica Mortgage Fund provides tremendous diversification of risk for its investors.
The current average loan size is under $300,000 and no single loan can exceed fifteen percent (15%) of the Fund’s total size.
Neither the Securities Exchange Commission nor any state securities commission has approved or disapproved of the securities sold by Pacifica Mortgage Fund, LLC (“PMF”), or passed upon the adequacy or accuracy of information contained in this website. PMF’s offering is made in reliance on an exemption from registration with the Securities and Exchange Commission provided by Section 4(2) of the Securities Exchange Act of 1933, as amended, and Rule 506 of Regulation D promulgated thereunder.
310-204-5714
scott@pacificafirst.com
Pacifica Mortgage Fund, LLC. | 11141 W Washington Blvd, Culver City, CA 90232 | 310-204-5714 | scott@pacificafirst.com
Copyright 2010 Pacifica Mortgage Fund Inc: Trust Deeds. All Rights Reserved.
Trust Deed Investment Information
Pacifica Mortgage Fund, LLC has proven once again that it’s strict, conservative loan guide and its business structure provided investors a high rate of return from trust deeds with real security, stability and guaranteed cash flow.
