Residential Hard Money Loans

Residential Hard Money Loans

Get Easy and Straight Forward Residential Hard Money Loans in California!

PB Financial Group has been funding hundreds of millions of dollars in residential hard money loans to residentials in California since 2006. We have been in business for 14 years and have funded more than 2,600 loans and counting. We are a direct, licensed lender with years of experience under our belts, which is why you can count on us to provide you with quick funding on fair terms. We have been working with borrowers of all types and have dealt with complex scenarios, so we are equipped to provide residential loan funding of any kind.

We have the knowledge, expertise, and the capital to fund your residential loan in California, whether you’re refinancing or purchasing a condominium, a single-family residence, a duplex, triplex, or even a quadruplex. As a direct hard money lender, PB Financial Group uses its inventory capital and processes, underwrites, and funds all hard money loans from their office.

What is a Residential Hard Money Loan?

In general terms, a residential hard money loan is a short-term loan that is backed by real estate assets. They are also known as no-doc loans or bridge loans, and they are an excellent option for real estate investors who require a quick loan. At PB Financial Group, we offer loans with terms up to 36 months without any superfluous terms or any hidden fees.

Banks generally look at your financial history, foreclosures, and credit score before processing your loan, but we don’t ask about your personal finances since we look at your equity. Most hard money lenders that provide loans for residential properties will calculate the equity of a property and use this value to provide loans to borrowers.

Types of Residential Properties

We have been providing hard money loans for various kinds of residential properties in California that include the likes of multi-unit projects to standard family homes. Over the years we have acquired the capital and the experience to help borrowers who want to refinance an existing hard money loan or those looking to purchase residential property.

We also issue hard money loans for fix and flip projects, or if you’re starting to remodel homes or if you’re a seasoned flipper, we can fund hard money loans for you. Most real estate investors rely on residential hard money loans for a small remodeling job or a complete rehab of a home, or just to buy and hold a property for their real estate portfolio.

Why Choose Residential Hard Money Loans?

There are numerous instances where it’s a good idea to get a residential hard money loan, particularly if you were denied the loan by a traditional lender or a bank. Residential hard money loans are a better option because hard money lenders will not look at your financial history but will focus on your equity.

At PB Financial Group, we are proud to provide asset-based funding to people, so they have access to the capital required to get their project off the ground. Banks require a lot of paperwork and financial history documents, which takes a month to get approved, but we offer 24-hour loan approvals and closings in just 10 days.

We manage to do that because we use private capital that optimizes flexibility and speed, and that’s how we can provide California residential hard money loans to savvy investors who want to flip, renovate, or buy a property. Get in touch with us today and take advantage of our streamlined services to secure your new property in no time!