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CALIFORNIA HARD MONEY LENDERS
- Residential/ Commercial Loans
- Stated Income/ NO Doc Loans
- Terms from 11 months to 5 years
- Loans in 1st, 2nd and 3rd Position
- 6 to 24 hour loan approvals
- No cash-out restrictions
Private Money Lenders active in all Cities of California
California attracts citizens and new residents by promoting an uplifted lifestyle alongside a wide spectrum of business opportunities. Included in the latter is a never-ending stream of options in the industrial, commercial, mixed-use and residential property markets. The PB Financial Group has opened offices in most cities in the Golden State to assist investors with their funding requirements. Our record of more than 2,400 closed deals and $200 million value since 2006 stands before us as a stellar recommendation to returning and new clients.
PB’s Private Money Loans Resonate with Californian Residents Focused on Real Estate Acquisitions
- Private Money Loans offered by competitors sometimes fall into disfavor when small print items surface after the deals close. That will never happen with us: we follow a policy of full transparency from beginning to end.
- Working with PB creates major advantages when it comes to the speed of getting everything processed. Middlemen obstructing communication, or approval committees that spend time debating inconsequential details do not hold us back. We are direct hard money lenders and we make our own decisions without ceremony. It’s customary to approve advances within 24 hours and then about 5 days later close the deal with a money transfer to give life to your real estate venture.
- A question on every property borrower’s mind is the aspect of Loan to Value (LTV). With PB it’s pretty cut-and-dried: We zone in on 70% LTV for most cases, although there are exceptions (i.e. in case of property purchases) where this can go as high as 80%. For bridge loans, refinancing, and cash outs our standard LTV range is 60 – 65%.
- As a professional private money lender in the state of California, we are conversant with every kind of legal ownership structure including in your personal capacity, a partnership, trust, corporation, LLC, Delaware Corporation, estate, or foreign national entity.
- When it comes to bottom line fees and costs, there is no competitor better positioned to offer you the lowest possible interest rates as well as redemption terms that will make you smile every time. As if that’s not compelling enough, we also execute the fastest turn times in California (and, arguably, the whole of the USA).
- Yelp and Google ratings never fail to uphold our consistent client record or underline our 2200 closed deal record over 13 years. One thing that our reviews make very clear: when you enter a PB office everyone is treated equally, irrespective of loan size – $50,000 up to $5 million – it’s all the same to us.
PB Financial Group – the Golden State’s most Proficient Private Money Lender
As an investor, you can’t fault our range of lending activity. We get involved practically on a daily basis in fix-and-flips, distressed property, probate financing, estates & trust funding, apartment building (rental) projects, and much more. It matters not if the real estate is owner or non-owner occupied – we deal with every conceivable situation. We also take up 1st and 2nd positions as a matter of course.
Refinancing and Bridge Loans with Private Money in California
Once a mortgage is closed it begins to run its term, and that term eventually gets to an end. We work with borrowers facing maturing loan arrangements everywhere in California – especially where the maturity of loan carries a big balloon payment. Not only that, there are myriad situations where real estate is undergoing renovations, build-outs, or some other complication that interferes with revenue. Also, rising interest rates are throwing even non-maturing loans into default, or at least presses them against the edges of viability. Transitioning to a new loan has to address these complexities, but the fact is traditional mortgage banks and local lenders are mostly reluctant to get involved in anything slightly off-track. Not us. We revel and thrive in helping borrowers in the most difficult situations.
PB Financial Group is geared to interface anything commonly termed as “stressful” with an armory of bridge financing options (often referred to as conduit loans) to close the gaps as shown above. We have the wherewithal and the flexibility to meet most clients’ needs when refinancing becomes an investor priority.
PB’s Private Money Loans for Unique Cases in California are Gaining Traction
PB takes full advantage of our competitors’ reluctance to enter the arena of cash out initiatives, for example. There are many property participants that have been invested for years in ventures and want to see some hard cash for well-earned appreciation. This applies to multi-family complexes, office buildings, retail, self-storage, warehouses, and mix-used lands. This category of borrower generally leans toward investing in new construction or other property opportunities with the newfound money. We, of course, simply include this continuity into the client process. That’s a big reason our clients stay with us for the long run.
PB Financial Group’s Bridge Loans are a Growing Priority in California
A lot has been said about this above, but we need to reiterate that when it comes to bridge funding and cash outs without limit, PB is at the forefront of it all. The way we see it is this: a bridge loan is simply a converting mechanism to a suitable permanent loan from another long-term loan maturing or no longer meeting your needs. Traditional lenders balk at this for the slightest reason, but we traverse all obstacles. Our conduit lending stands out as a feature of modern private lending throughout the state.
Our Clients Love Us
13
Years In Business
2400
Transactions Funded
58
California Counties We Lend In
5
Days Closings Available
CONTACT PB TODAY
PB Financial Group is a direct hard money / private money lender you can depend on and trust. Our loans help our clients get back on track or seize new opportunities. To learn more, call us today at 877.700.3707 or email us at info@calhardmoney.com and let us provide you with a hard money loan.