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Be Prepared When Talking to Hard Money Lenders

Getting financing for investment properties can be quite a challenge, especially if you don’t have a long history as a real estate investor. However, hard money lenders in Los Angeles make it easier by removing a lot of cumbersome restrictions. This doesn’t mean you don’t need to be prepared before you contact a hard money lender. Here are some steps to take for a successful application.


Instead of focusing mostly on your credit and financial history like traditional lenders, hard money lenders look closely at the property you’re purchasing. If you have enough equity in it or enough cash as a down payment, it will make the process much easier.

It’s important to know how much equity you need in the property before applying for a loan. PB Financial Group processes loans for mixed-use properties up to 60 percent LTV while apartment building loans can be up to 70-75 percent LTV. Make sure you know what you’re looking at and how much equity you’ll have in the property.


While hard money lenders specialize in non-traditional loans, it doesn’t mean everyone will qualify. You will need to be able to prove that you will have the ability to repay the loan in the time allocated. PB Financial Group will accept applicants with FICO problems, prior foreclosures and bankruptcies. It is a good idea to talk to the lender and explain your situation from which it can be determined sooner than later if you can qualify for a loan through a hard money loan in Los Angeles.


Our hard money loans are flexible with various options. For instance, you can get a commercial loan with terms from three months to 20 years. Loans for single-family homes and multi-family dwellings with up to four units qualify for up to ten years.

PB Financial Group wants to help you get the financing you need for your next investment property whether it’s a commercial, industrial or residential property. Be prepared to work with a well-respected lender who can help you reach your financial goals. For further information or to schedule an appointment with one of our experts please contact PB Financial Group at 877.700.3703 or visit

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