Private mortgage loans have become popular in California as they provide you with an alternative source of finance when traditional lenders like banks or a financial institution won’t approve a mortgage loan. Whether you’re thinking about borrowing for a home or want to lend money, private loans are a great way to acquire funds when done properly. The goal is to create a win-win situation where everyone gains financially and there isn’t any risk involved.
Private mortgage loans aren’t much different from your standard mortgages with the only exception that the funds are provided by a private source. PB Financial Group is a private mortgage lender and broker fully licensed to operate in California. With over 14 years of experience, we have the expertise to deliver reliable services that meet needs. Our team deals directly with mortgage brokers and assists corporations and individuals in refinancing their current mortgages, providing construction financing, or purchasing a property.
PB Financial Group’s philosophy is simple. We provide the best possible service to our clients while operating in an open, transparent manner. You can always count on us to deliver the right results consistently with our personalized service and quick turnarounds; these are reasons enough to work with us. Here are some more reasons why you should choose us for private mortgages:
Whenever a bank or primary lender turns you down for a commercial or residential mortgage, you can count on PB Financial Group to help you get a private mortgage. We can help you get the mortgage you want even if you don’t qualify for a residential or commercial mortgage based on traditional financing rules. Our ability to find you private mortgage lenders and have you approved within 24 hours makes us one of the best in the business for private mortgages.
One of the main reasons banks and institutional lenders refuse mortgage loans is because of bad credit scores. However, at PB Financial Group, we don’t care about your credit score, as even with a bad credit history, we can help you get approved for a private mortgage for any residential or commercial property you want in California. If you want a short repayment term, we can also help arrange that for you.
PB Financial Group’s private mortgage services come with several advantages, which include:
Private mortgage lenders tend to have a higher risk tolerance, which is why they don’t care much about credit history and the financial background of borrowers. They mainly look at the asset values to determine the borrower’s ability to pay, and they treat such mortgages as an investment opportunity where they will be collecting interest during the length of the loan.
That’s why private mortgage loans are the best option for:
If you want to get a private mortgage for your home or commercial property in California, you should apply now with PB Financial Group.