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Press Release

Sun West Mortgage Issues Green Building Guidelines For Multifamily Projects Nationwide
Go Back - Home > Press Releases > Cerritos, CA - July 14, 2010

Sun West Mortgage Company Inc. (Sun West) issues Green Building Guidelines for multifamily properties. These guidelines are geared to owners, investors or developers of apartments who would like to improve their property or reposition their portfolio to green standards, nationwide.

"There's a lot of great housing out there that can incorporate green elements at minimal cost," says Anson Snyder, director of Multifamily Lending. "With interest rates at a historic low, it's a good time to upgrade systems and lock in long term, low-cost, fixed-rate financing."

These guidelines focus on upgrades that will:
(a) Reduce greenhouse gas emissions, energy consumption, and water use
(b) Improve the physical condition and life-span of the apartment complex
(c) Lower the on-going operating expenses and maintenance of apartment buildings

"This is an innovative product that's good for the environment, the economy, and saves the consumer money," added Pavan Agarwal, vice president of Sun West.

The public may attend a weekly webinar on these guidelines by registering free at http://www.swmc.com/swmc/ourWebinars.htm

For additional information, contact Anson Snyder, director of Multifamily Lending, at (562) 916-1457 or anson.snyder@swmc.com.

About Sun West Mortgage Company Inc.

Sun West Mortgage Company Inc. [NMLS: 3277], currently licensed in over 45 states, is an FHA, VA, USDA, Freddie Mac, Fannie Mae and Ginnie Mae approved full-service mortgage banker. It is an approved Ginnie Mae HMBS Issuer, Servicer and Master Servicer. Sun West has been serving its nationwide client base since 1980. Its diversified loan programs include FHA Reverse Mortgages, FHA Single Family, HUD Multifamily, VA, Conventional and Home Equity mortgages. Sun West is one of the few direct lenders to provide in-house underwriting, funding, and servicing for reverse mortgage products. Based in California and doing business nationally, Sun West is dedicated to offering exceptional customer service coupled with integrity, reliability, strength and stability.

Sun West Mortgage Company is a HUD-approved Multifamily Accelerated Processing (MAP) lender and offers FHA mortgage-insured financing for the new construction, substantial rehabilitation, acquisition or refinancing of multifamily housing projects and healthcare facilities, nationwide. Additionally, Sun West Mortgage is a Ginnie Mae Multifamily Issuer and Servicer under its Mortgage-Back Securities (MBS) programs.

Media Contact:

Learn more about:
Sun West Mortgage Company [NMLS ID 3277] at www.swmc.com

Sydney Fernandez
Phone: (800) 453-7884
Fax: (562) 924-6057
Email: media@swmc.com

Click Here To Download The PDF File

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SWMC offers a wide range of residential home loan mortgage programs to suit different situations such as a purchase, refinance, a property rehabilitation loan or a reverse mortgage at the competitive interest rates.

FHA Purchase at 96.5% Financing, Streamline (Interest Rate Reduction) Refinance, and Cash-Out Refinance, 203(k) Rehabilitation Loan, 203(k) Streamlined Rehabilitation Loan, and the Home Equity Conversion Mortgage (Reverse Mortgage) and USDA Rural Housing mortgages.

If you are a Veteran, Sun West offers you VA guaranteed mortgages for Purchase Loans at 100% Financing, Cash-Out Refinance, and Streamline Interest Rate Reduction Refinance Loans (IRRRL).

You can use our simple mortgage calculator tools to find out your monthly payment, the house you can afford, your refinance options, or the home equity you may be able to access through a reverse mortgage (HECM).

As a full-service mortgage bank, Sun West is one of the few approved direct lenders to provide in-house origination, processing, underwriting, closing, funding, and servicing. Based in California with active presence across the country, Sun West is dedicated to offering exceptional service coupled with integrity, reliability, and experience.

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You can become a partner with Sun West as a Wholesale Mortgage Broker or a Correspondent Lender.

In addition to residential mortgage lending, Sun West also offers FHA multifamily,commercial and portfolio lending services.

As a partner you have access to SunSoft - Sun West's state-of-the-art mortgage loan origination and servicing software. Built on over 30 years of lending and mortgage technology experience, SunSoft is compliant with federal and state requirements.

Sun West is approved by Ginnie Mae as an Issuer, Servicer and Participation Agent. This rare approval enables us to issue securities backed by the full faith and credit of the United States. Consequently, Sun West is able to offer its partners and borrowers the competitive interest rates in the market.

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Press Releases

Press Releases

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  • 04/28/2014: FHA 203(k) and PowerSaver Loan Offerings From Sun West Mortgage Company, Inc. Extended With New FHA PowerSaver 203(k) Program as a Single Home Improvement Solution for Homebuyers Read More..
     
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