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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
Residential Hard Money Loans from PB Financial Group
PB Financial Group is a Hard Money Lender active throughout California. We focus our attention on direct lending to a wide spectrum of real estate clients with verifiable equity-backed assets. This may also include refinancing and bridge loan arrangements.
PB has immersed itself in the growing industrial, commercial, mixed-use, and residential property markets since 2006 (i.e.13 years). We have built a client base that reflects over 2400 closed mortgage deals, totaling asset-backed financing of more than $200 million. Our professional expertise is unsurpassed when it comes to guiding you to the ultimate lending arrangement best suited to your specific needs.
Our residential lending interest focuses specifically on funding investors and developers, big and small, immersed in single-family residences, townhouses, planned unit developments (PUDs), or condos. We are particularly interested in funding 2 – 4 unit properties or any similar mini-apartment type complex that qualifies as residential.If this describes you, then PB has all the right resources to process your loan without stress, delay, and obstruction.
The following are cornerstones of our Residential Hard Money Loan Divisionto the audience as described above:
- Full transparency that seamlessly erases all small print issues and fee-related questions at the beginning; items so often ignored by local banks that are traditional in residential borrowing domains.
- We can comfortably approve your specialized area of residence funding within 24 hours. Our consistency and speed, once your case is initiated, generally consolidates final funding after only 5 days.
- With regard to Loan to Value (LTV): you can expect 70%, but under exceptional cases 80% is achievable. When it gets down to any kind of residential refinancing application the LTV is a little lower but at 60 – 65% still compelling.
- Our biggest attribute is indeed the ability to remove the middleman from the residential direct lending equation, thus bypassing entities with no power to make the final decision. Moreover, we approve many loans ourselves, without committee overview or endorsement, or reliance on lenders not in the house. Most of our competitors are weighed down by these onerous restrictions.
- As a residential hard money lender, we have the versatility and expertise to work with you individually, but more likely with your partnership, trust, corporation, LLC, Delaware Corporation, estate, and even your foreign national entity.
PUDs, single-family home projects, condos, and myriad mini-apartment closed deals have contributed to PB’s over-$500 million recorded business to date. Our revenues have emerged alongside accolades and glowing testimonials after thirteen years of interfacing with residential property-owning clients. This is evident in both Google and Yelp reviews that grow almost daily.
Very simply, clients for residentially oriented funding all over California value our tried and trusted formula. It centers on our abilities to negotiate the lowest interest rates, quickest turn times, and the most comfortable redemption terms available in the Golden State.
PB Financial Group’s Residential and Private Money Lending is accessible in many ways
Our primary mission is to remove funding dilemmas from the residential investor client’s mind and erase any confusion as it may arise in the direct lending process. We know that there are different lenders for different situations, so we waste no time in distinguishing between non-owner and owner-occupied residential real estate. Generally, there are multiple units involved so the former is the most applicable case, but we are ready for anything. Moreover, our hard money loans are painstakingly customized to support the efforts of clients in whatever their specialty is. Examples may include fix-and-flip townhouse opportunities, or perhaps stabilizing distressed condos; also residential PUDs under probate or trust-owned are well within our ambit.
While we have focused on the residential category above and below, keep in mind that PB has also made big strides in real estate that covers office blocks and multi-family rental situations. In fact, our loan agents are professionally equipped to structure deals involving hotel properties, land deals, new construction, self-storage real estate – literally any category you can think of on the property funding spectrum.
All PB residential hard money loan customers (big and small), for advances starting at $50,000 up to $2 million are treated with the same VIP treatment. We see every client as morphing into a long-term relationship down the line. So current monetary requirements never enter the equation when it comes to prioritizing who we meet with first.
Residential Private Hard Money Lending and Bridge Loans
Qualification for a residential direct loan is most often up in the air when borrowers are facing situations like a renovation completion, or a small build-out that may result in valuation disruption. Traditional lenders routinely dismiss applications that involve unorthodox activities without a second look, leading to serious borrower frustration.
It’s time to contact PB Financial as your first port of call when or if you are facing the challenge of a destabilized residential property – or any property for that matter. We are positioned to provide our clients with funding that the local banks or traditional mortgage funders simply cannot. We take on most real estate complex loan cases, with client-gratifying results. More specifically, we put together conduit residential loans that are structured to afford you the time and space to do what you have to do before applying for a long-term permanent financing arrangement. The key factors behind bridge funding popularity these days are:
- Rising Interest rates that impact and depresses valuations.
- Maturing loans that come with unaffordable balloon payments
- The status of the property being altered or reclassified for whatever reason.
- Construction projects that involve rehabs or build-outs, with commensurate time glitches and cut-off from permanent funding.
- Cash out opportunities, where long-held property reflecting assessable capital appreciation is a candidate to get you hard cash for redirection into new opportunities. In this area, PB’s cash out loans have no limits attached.
If all the above makes good sense to you, you should know that our trained real estate loan agents will always find a way to transition you from your existing loan to a better permanent loan. Our bridging arrangement will support your long-term residential investment goals every bit of the way.
With all this said, our core business still centers on hard money loans not only for residential oriented clients but also for commercial asset private lending in the first and second position, or both when required.
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.