At PB Financial Group, we pride ourselves in providing flexible, fast, and direct answers to questions for hard money loans in San Diego County and all other Counties in California. Our goal is always to understand the point of view of our clients and work hard to help them achieve their financial goal. The right loan at the right time can make all the difference in the success or failure of a venture; we consider ourselves advocates who look out for our clients’ best interests above all else.
However, we do find that many clients aren’t familiar with hard money loans and how they differ from traditional lending. So, with that in mind, we’ve worked to create this brief overview of hard money loans that should help shed some light on what they are and how they work.
We don’t assess your credit history or your income as primary factors in awarding a hard money loan. Instead, the loan is secured against the value of your current property equity and the business value of your investment, we want to make sure you make money on the loan we give you. Interest rates are generally higher than conventional and bank financing rates, but our terms are more flexible based on equity of your commercial or investment property. If you have a rough credit history or are being denied by conventional and banks institutions, it is likely that a hard money loan will be a better fit for your needs. The leverage of the loan is the commercial or investment property you own; our talented account executives will work directly with you to find the best solutions for your required financing needs.
We are on your side when it comes to evolving your business and seizing new opportunities, and we want to help you to take the next step by providing you with the financial flexibility necessary to do so. Loans are usually closed within 7-14 business days — we know that timing is everything when it comes to capitalizing on new business conditions.
PB Financial Group is a leading provider of hard money loans for one reason: We work with our clients, not against them. We are careful to ensure our payment conditions are well within your abilities, and we work with you every step of the way to see your dreams come to fruition.
PB Financial NMLS #357614/DRE #01522495