Pasadena’s Mixed Use, Residential, Commercial and Industrial Markets Receive a Major Boost as the City Introduces a Hard Money Lender to Its Credit-Strapped Residents
When John Paul Young first sang “Pasadena” his theme was one where the dirt track met the highway – conjuring up a picture of a quite enclave wrapped in solitude. Pasadena, which translated means “crown of the valley,” denotes a touch of majesty. For those who know the city, it is a well-deserved acclamation. This cultural hub in the middle of the San Gabriel Valley is motoring along on full revs in line with a hot US economy. The city’s industrial, commercial, mixed use and residential real estate is arguably the biggest beneficiary of rising prices and increased sales. However, even seeminglyidyllic scenarios are not without their trials and tribulations. In this case the most obvious is a trail of broken FICO scores left behind by Pasadena residents trying to interface poor credit ratings. Unfortunately, a bright present and an even more glowing future can’t let go of blemished credit performance from the past.
PB Financial Group Corp, a pioneer in hard money lending, doesn’t accept traditional platitudes and comments by traditional lenders like “that’s just the way it is.” We are intent in our quest to change the property loan landscape for individuals, partnerships, trusts, corporations, LLCs, estates and foreign nationals with innovative funding arrangements. This has expanded over the years to encompass bridge loans, long-term private financing, private money loans and investor loans – even for marginal clients. The most market-penetrating aspect of our march to higher standards is that we do not discriminate or show client preference based on loan size: in our book loans of $50,000 rate equally with applications for $2 million.
The competition is floundering. It has failed to respond to our honed process that goes directly to the crux of making a deal – the equity value in the real estate. Once we determine that key item, the rest is relatively plain sailing: we move at lightning speed to agree on easy terms and the lowest interest rates. Also, we push the small print in the contract into the open to facilitate a clear negotiation. Pasadena clients are simply dumbstruck by how smoothly closings transpire once we align equity value with transparency.
The PB Financial Group Corp advantage is most evident when it comes to Pasadena properties where equity value is elusive. In cases like this we dig into our resources to apply cross-collateralization methods that really work. In the same vein, we are right in the midst of refinancing business loans to the satisfaction of clients facing inflationary pressures on interest charges. The big difference is we can get this done with no cash out limits, which once again gives us a huge competitive edge.
PB Financial Group Corp has entered Pasadena as a hard money lender to resurrect the credit records of suffering residents as they try to enter the city’s real estate sectors. This is meeting with astounding success as our competence speaks volumes and our integrity makes an indelible impression on investors from all walks of life.