The circumstances that can jeopardize an individual’s lending potential are often as unique as the individual themselves. Though it is rarely fair for traditional banks to penalize them with poor mortgages and abysmal rates that are often exactly what people are treated to do when going the route of a traditional loan. Thankfully, hard money lenders in Los Angeles like PB Financial Group offer easy financial access to private mortgages for even the most commonly rejected home buyers. As it turns out, private mortgages in Los Angeles that are funded through hard money loans can provide a wealth of benefits that are unheard of in traditional loans – whether you’re a stellar borrower or have a bit of a poor track record.
What is a Private Mortgage?
Hard money loans have been gaining foothold as the standard for complex businesses and financially at-risk individuals. Whereas regular mortgage lending is subject to stringent, ever-changing rules, private mortgages are typically hassle free and highly flexible.
Benefits of a Private Mortgage
The most obvious benefit of a private mortgage is in its ability to be procured by nearly anyone who needs it. PB Financial Group, works to get fair, short term mortgages that would allow borrowers to act quickly on great real estate deals or support interim financing.
Furthermore, private mortgages are also far more useful when it comes to short term borrowing projects such as fix-and flips. While traditional banks will rarely loan large amount of funds on a short-term basis, PB Financial Group has no trouble issuing hard money loans that meet these exact criteria.
Attaining a hard money loan from PB Financial Group, can easily help you forge ahead successfully! For inquiries or to schedule a consultation please contact PB Financial Group at 877.700.3703 or visit www.CalHardMoney.com for further information.
