Easy Hard Money Loans in California

Hard money lenders in California are steadily falling behind PB Financial Group, the facilitator of lending options for every residential and commercial real estate situation. We are also at the forefront of refinancing and bridge loan programs that are fast gaining momentum in the Golden State.

It’s by no accident that PB’s 13-year record of $200 million closed private lending deals for more than 2,400 clients has propelled it to the forefront in the industry. We have made an indelible mark on theindustrial, commercial, mixed-use and residential property markets by providing easier loan access than ever before. It is a known fact that PB can accommodate any residential borrower or commercial property client looking for an easy hard moneyfunding.

PB Financial Group – The Low Stress Hard Money Lender

When we are involved in the direct loan process you can be assured that it is accompanied by low stress, speedy funding, and a policy that keeps you in the picture all the way through. In short, the process is smooth and easy as follows:

• The small print relating to“not-easy-to-detect-fees” will never come back to bite you after the deal is closed.
• We don’t delay things. On the contrary, we speed the things up. Our clients will testify to the fact that their applications are approved inside 24 hours, and the cash channels into the deal probably within 5business days. This is evidence, from every angle, of a process that moves smoothly.
• Our standard Loan to Value (LTV) is 70%. However, there are cases where 80% LTV has been approved. As far as refinancing and bridge loan advances go, we accept LTVs of 60 – 65% (better than almost every competitor).
• PB works effectively with probably every investing structure allowed in California:direct easy private loans are approved for individuals, partnerships, trusts, corporations, LLCs, Delaware Corporations, estates, and even foreign national entities alike.
• Our direct money lending system quickly pinpoints the most competitive interest rates & the easiest redemption terms. Also, wecontinually achieve the fastest turnarounds. Yelp and Google reviews show our ongoing client 5-star ratings in every town and city. Our stellar record of 2,400 deal closings since 2006 is there for all prospective property investors to see.

PB Financial Group the Hard Money Lender of Choice in California for Real Estate Funding and Refinancing Options.

PB is ready and able to solve real estate borrowing needs across the board without missing a beat. There’s no challenge too big or any detail too small for our trained professional loan officers. We have the flexibility to move through the entire gamut of property categories including fix-and-flips, distressed real estate, probate funding, estates & trust financing, andrental apartment buildings. Owner-occupied business purpose and non-owner occupied real estate makes little difference to us: we fund both.

The Variable Reasons for Refinancing and Cash Outs

Refinancing is an activity gaining serious momentum in California in 2019:

• It seems that myriad mortgages from years back are maturing together, with onerous balloon payments putting pressure on owners.
• Traditional lenders seldom have any interest in assisting clients that interface these issues or indeed need to transition to new loans when existing arrangements are disrupted by renovations or build-outs.
• Finally, there are owners all over the state sitting with long-held assets where the LTV has dropped alongside capital appreciation. In these instances, cash-outs are enticing to put cash in owner bank accounts available to fund new investments.
• The local mortgage banks appear to turn a blind eye to all of the above, as well as to the fact that interest rates on variable interest loans are pushing skyward (thus creating a big demand for refinancing alternatives).

Refinancing with PB – Bridge Loans and Cash Outs

Refinancing requests for any of the reasons as stated do not deter us. We step in to fill the huge borrowing gap created by banks in their reluctance to complete the lending circle that they indeed started. Very simply, mortgage originators are not comfortable settling on new long-term permanent terms when there’s uncertainty afoot.

• Flexible bridge loan lenders like PB push all that aside
• We provide conduit financing that gives property owners time to address all the pressing items before moving on to the next permanent advance (hence the term bridge financing).
• We make it our business to provide this at interest rates that won’t put the client under any extra pressure: indeed, it will enable him or her to dissolve the balloon payment/ negotiate a fixed interest rate/ push aside the Feds inflationary effects/ give enough time to get building additions concluded.
• If it’s a cash out to channel money into your pocket, we do that with no limit and no concern.
• Moreover, hard money lending is ready to assume first and second position for all properties in the residential and commercial real estate area.

Investment Variability for Easy Hard Money Funding

Our borrowers emerge from all investment sectors:multi-family complexes, office buildings, retail, self-storage, warehouses, mix-used lands, and new construction, to mention but a few. Loan applications can range from $50,000 to $2 million.

• When we deal with clients the size of advance has no bearing on attention afforded to the case.
• All get treated with the same level ofrespect – the PB VIP attention to every pertinent need.
• We can do this because middlemen and approval committees have no standing in our business. We assess and approve all applications ourselves with a speed that will surprise you.