PB Financial Group Corp. provides equity-based lending for real estate properties. We cater to Investors, Rehabbers, Corporations, Probate Estates, and Sub Prime Money Borrowers who do not meet the stringent requirements of conventional underwriting guidelines.
As a direct lender, we make quick lending decisions and are able to streamline the loan process which provides a quick turnaround time on making a decision and solving your financing needs.
Hard Money Lenders California
If you are a seasoned Trust Deed Investor or a Hard Money Lender and would like to do more loans, or simply just looking to get started and would want to have a steady stream of quality loans on a monthly basis while minimizing your risk, PB Financial Group Corp.
5 Keys to a Successful Transaction between Investor or Bridge Buyer, his Realtor, and the Dependable Hard Money Lender. Focus on the Client’s Best Interest – Real estate sales and lending is a service business. Realtors and hard money lenders serve the Investor.
Whether you're doing your first Hard Money Loan or an industry veteran, you will be pleased with our responsive account executives and strong operations team. We work together seamlessly to move your loan from submission to funding in the shortest amount of days while protecting each broker's interests.
Our Commercial Hard Money handles both purchase and refinance transactions on all types of commercial/income producing properties such as Retail Stores, Mobile Home Parks, Office Buildings, Industrial Properties, Apartment/Condominium Complexes, Restaurants, etc.
PB Financial Group Corp. helps provide immediate financing to heirs of probate estates and trust beneficiaries. We make this loan process as easy and as least complicated as possible by dealing directly with the Client and their Attorney/Executor of the Estate.
PB Financial Group Corp is a direct private money lender, hard money lender and bridge lender in California. Our goal is to work to satisfy your financing needs on California real estate in a timely matter, may it be purchasing a property or refinance or providing bridge financing. We have simplified our private money loan, hard money loan approval process and simplified our broker approval. To become an approved private money broker with PB Financial Group Corp, simply fill-out the Broker Package and fax it to us fax number at 866.318.4471 and you will be approved within 24-48 hours. Best of all, you do not have to wait for approval before submitting a loan scenario. In order to get pricing you can also e-mail our pricing team at info@calhardmoney.com. We just require broker approval before we get documents. We are able to provide fast turnaround on your files, which allows you to get your difficult-to-close borrowers funded quickly with the best service in the industry.
www.calhardmoney.com
info@calhardmoney.com
Hard Money Lending is a form of asset-based financing where the funds of the borrower will be secured from the value of a property's equity. Interest rates are generally higher compared to conventional loans issued by a financial institution. Hard Money Lending is mostly funded by private entities secured by notes to private investors.
PB Financial Group Corp. makes pre-qualification simple for all applicants. We would like to encourage you first to give us a call at 877.700.3703 to discuss your loan scenario with one of our account executives. They will then advise you on how to best structure a loan for you based on the information you provide them. In turn, we then ask you to complete our loan application form and provide us with specific information on the subject property you wish to either purchase or obtain equity out of. Then send your information to us by either faxing it to 866.318.4471 or emailing info@calhardmoney.com. After a thorough review of your submission, the account executive will then give you a call to discuss more in detail additional conditions to meet the requirements of closing your loan.
PB Financial Group Corp. looks first on the equity of your property. From there we can determine exactly on what the lending limits will be based on your ability to repay, debt-ratio, proof of funds for reserves (for purchase transactions), and your long-term goals with the property. Stated and No Doc programs are available for qualified investment properties and other non-owner occupied properties. PB Financial Group Corp. will help advise you on what you need to understand about your loan (Interest Rate, Terms, Prepayment Penalty, Cost, Title Issues, etc.), and how your decision can help towards the investment on your property.
As a real estate investor, Pouyan Broukhim started PB Financial Group Corp in 2006, he saw a need to provide financing to many individuals who where left out of the real estate market and how the real estate market was going to be effected by subprime loans and negative amortized loans. Pouyan realized that the market was going to be changing and not for the best as lenders were making high Loan to Value loans that were not realistic. He decided to open PB Financial Group Corp to help clients regain the equity that they lost when the prices dropped.
At PB Financial Group Corp., our biggest challenge is tied to increasing interest rates. We believe that when rates increase it will result in cap rates increasing as well. However, the market has been saturated with cheap capital for the past seven-plus years and therefore we see a plateau forming in 2018 and 2019.
In 2018 we plan on expanding our second mortgage loan production on commercial and multifamily properties as we see a lot of borrowers that have taken advantage of historically low rates and their desire to maintain low-rate first mortgages that they have already obtained. As landlords and property owners need cash we believe that demands for second mortgages will increase.
In addition, we see the need for purchase-money loans (or loans issued by the seller) pickup as investors try to capitalize on low rates while they are available. Therefore, offering bridge loans for the acquisition of distressed properties is another way that we can help investors.
With our reputation as a financial company that can fund loans in a matter of days instead of months, this gives us the clear advantage to help value-add investors grow their portfolios.
An increase in interest rates will also lead to more distressed commercial properties on the market. We plan to offer more bridge financing for opportunistic investors to capitalize on these distressed properties. Business opportunity will extend into 2019 and 2020. With our reputation as a financial company that can fund loans in a matter of days instead of months, this gives us the clear advantage to help value-add investors grow their portfolios.
California has an estimated population of 39.5 million, according to the Public Policy Institute of California, and the population is forecast to grow to between 46 million and 48 million by 2025. We anticipate the multifamily markets to flourish in 2018. With ever-growing demand for rental units, we anticipate an increase in both valuations and demand for financing among investors. We hope to be a part of this market for a very long time and help investors take advantage of opportunities that arise.
Our recommendation to borrowers in 2018 is for them to watch their debt load. This is a primary concern we have with our existing client base. Even though the market has been strong, we believe that access to debt will only lead to loss of opportunities if a slight correction occurs. Therefore we recommend to all borrowers to borrow responsibly and to dispose of properties that are riddled with debt and take advantage of the seller market that we are in.
As one the leading hard money lenders in California, PB Financial Group has privately financed many projects over the years. To see some of our recently funded projects, please click the link below.
Date: May 21, 2018
In a conventional mortgage loan, it is normal for a lender to finance a majority of the value of the house, but not the entire value. The lender will provide a certain percentage of the purchase price, and the borrower/buyer must pay the difference. This difference is the down payment.
Date:March 14, 2018
As we said in our previous entry, the housing market in Southern California is booming. This fantastic news is ideal for potential investors wanting to establish a steady and reliable stream of income on a monthly basis while minimizing risk. In this issue, we’ll talk about how you can easily establish your stream of income through hard money loans in Los Angeles.
