Hard Money Lenders in California

As a hard money specialist focusing on asset-backed lending in the Golden State, PB Financial Group covers an extensive range of real estate funding. Inevitably, refinancing and bridge loan solutions feature strongly in these activities.

PB’s 13-year history and its $200 million of closed hard money lending deals (i.e. 2,400 and counting) stand head and shoulders above most competitors. We are leading the way in the Californian industrial, commercial, mixed-use and residential property markets. Simply put, there are really no residential or commercial property borrower situations that we can’t accommodate.

Our trained professional loan officers have one clear mission in mind: to provide you with the required funding, speedily, with as little stress as possible given that the process is quite demanding. In this regard, the following are key factors to consider in closing private direct advances:

• We are fully transparent in all aspects of documentation, especially when it comes to exposing the small print and fees that may not be immediately apparent to the borrower.
• There are no unnecessary delays: we get most client applications approved inside 24 hours, and hard cash channeled into the real estate investment within 5 days – in most cases. This is a smooth, flowing experience from every viewpoint.
• When it comes to assessing a fair Loan to Value (LTV), our standard yardstick rests at 70% except in certain purchase cases (where 80% LTV is on the record). When it comes to refinancing and bridge loan advances we are able to achieve LTVs of 60 – 65%.
• There’s hardly an investing structure we at PB can’t work with. We are experienced in approving property loans for individuals, partnerships, trusts, corporations, LLCs, Delaware Corporations, estates, and even foreign national entities.
• PB has no equal in the hard money lending realm when it comes to arranging competitive interest rates & truly easy redemption terms. Also, weimplement the fastest turnarounds. Yelp and Google reviews reflect our client satisfaction with numerous 5-star ratings. This is in no small measure due to our stellar record of 2,400 deal closings since 2006.

California-Based PB Financial Group is the State’s Foremost Property Direct Lender and Refinancing Specialist.

PB can meet almost all client real estate direct borrowing needs with speed and the highest standards of integrity.We are sticklers for detail and never allow different circumstances to become insurmountable obstacles. We are clear on the fact that every deal is different but at the same time we are geared up and ready for any challenge. Over the years we have interfaced fix-and-flips, distressed real estate in every category, probate funding, estates & trust financing, and leveragingrental apartment buildings.Across all of this, we are seasoned loan specialist for both owner-occupied and non-owner occupied properties.

California has seen an upsurge in refinancing activity as Mortgages arranged years ago mature in 2019. These generally impose huge balloon payment pressure on property owners. From another angle, variable interest rates have been increasing as the Fed monetary policies push them upward with monotonous regularity. Never fear: PB is immersed in the explosive demand for bridge funding and the best ways to transition you from your current loan to a new permanent advance. The most important thing to keep in mind is ensuring that this doesn’t impose interim financial hardship on the property or on you as the owner.

Our private hard money lending has made great headway in boosting California’s residential, commercial, and land real estate markets at the first and second position for all properties this may encompass.

California is Fortunate to have PB’s Direct Hard Money Loan Offers on Tap for Commercial Entities and Investors

We are the exclusive funder across a wide spectrum of property options that includemulti-family complexes, office buildings, retail, self-storage, warehouses, mix-used lands, new construction, and more.

We are steps ahead of the more commontraditional lenders that register their reluctance to fund cash-outs onclient properties, even when the latter can demonstrate accumulated capital appreciation. PB has wasted no time in stepping up to the plate to present viable options. We have the ability to get hard money into your bank account, with no imposed limit, on the strength of the targetedasset. This windfall of cash can then be applied to new real estate investments without disrupting that which is in place.

When you enter the hard money arena under the auspices of PB you are on the receiving end of sincere respect that has zero connection to the advance size you are looking to secure. Our heralded VIP treatment provided to every prospective client accommodates applications that range from $50,000 to $2 million. There are no middlemen to worry about and there areno convoluted committee approvals anywhere in the picture. We make all the important approval decisions regarding your financing, speedily and incisively.

Bridge Loans in California: A Core Product Provided by PB Financial Group

A special word on bridge loans (i.e. solutions for mortgages that mature with balloon payments, rising interest rate situations, and building changes): On building alterations specifically, we are aware of innumerable property owners in a transition mode that frequently involves build-outs or renovations. As such, these unquestionably disrupt revenues and evoke stress-filled uncertainty. Localbank lenders are mostly closed for business when it comes to addressing these diversions, thus forcing clients to deal with volatility at times in their investment cycle when it’s least welcomed.

PB, on the other hand,is able to meet these needs head-on with a menu of conduit loans, popularly referred to as bridge financing. In actuality, it’s a lending arrangement that facilitates us transitioninga pressured existing loan into a fresh advance, which in turn will allow for the completed asset changes. In our considered opinion, bridge loan terms and interest rates should not be a burden in any shape or form. There’s no other direct lender that appreciates how efficiently this process works for Californian property investors. It’s undoubtedly specialist funding but we manage it seamlessly to the satisfaction of all our clients.