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Hard Money Lenders vs. Realtors

Hard Money Lenders Los Angeles

The services provided by hard money lenders in Los Angeles and Realtors are not mutually exclusive. The goal is the same—to close on real estate deals quickly without compromising the quality of service to the client. It is necessary for Realtors to know that a transaction can close if their client cannot qualify, or if a property does not fit within, a traditional loan.

The Entrepreneurial Spirit of a Hard Money Lender

The primary focus of a traditional lender is the borrower. The borrower’s qualifications are measured by credit score, employment, and tax returns. A hard money lender will qualify the property and the merits of the deal like an entrepreneur. Investors who are self-employed, or who have a bankruptcy in their past, could qualify for a hard money loan. The most important aspect in obtaining a hard money loan is the ratio of value, or the potential value-add, against the loan amount.

The Team

When a realtor considers a hard money lender as a lending source, the number of loan programs presented to the investor (client) increases. The client will recognize the value added to the Realtor’s services, and the hard money lender will have an expanded referral source.

Both parties need protection. Thus, the realtor should know that the lender will protect their position in the deal and the lender needs should be aware that they will not be shopped by the realtor after a certain point in the qualifying process.

No deals will close if the lender and the realtor do not have mutual respect or cohesion. The client will sense if these two factors are not present. The result will be the clients’ distrust of both parties.

Building a Team

Realtors are invited to contact PB Financial Group for an introduction to our loan programs and to establish a working relationship. PB Financial Group is committed to its broker protection policy.

Broker protection will be in place at a time just prior to receiving loan documents and not before a potential deal is presented. The hard-to-close deals will complete if realtors establish a solid relationship with hard money lenders in Los Angeles.

If you are interested in purchasing real estate or need funding for your next project, you need to work with a reputable and experienced hard money lender in Los Angeles. PB Financial Group is a premier direct hard money and bridge lender who has been providing quick funding since 2007 and has funded over 2,700 hard money/private money loans. Our objective is to work to satisfy your financing needs on important real estate projects throughout California in an efficient and effective manner.

To learn more about how to successfully finance your next real estate venture, please contact PB Financial Group at 877.700.3707 to schedule a consultation or visit to learn more.

PB Financial NMLS #357614/DRE #01522495

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