Hard money lenders in Los Angeles offer many advantages to their customers when compared with traditional lending institutions. One of the largest advantages is the speed at which transactions can be executed. If you’re searching for a loan to re-invest in your business, assist with a temporary financial shortfall, or capitalize on a new opportunity, time is likely of the essence. With traditional lending institutions sometimes taking months to even start the loan process, it’s possible that by the time you get the loan, opportunity will be lost.
Hard money loans, however, offer much faster processing. In fact, we’re usually able to close loans in as little as 7-14 days. There’s more to it than a loan application, of course; processing requires appraisal report orders, title insurance, and other necessities of the trade, but the dedicated lending experts at PB Financial Group are able to streamline this process and ensure you spend very little time waiting to hear back. It’s in our interest to get your loan processed quickly, just as it is in your interest. Our goal is a smooth, efficient lending process that keeps you feeling informed and empowered.
The only major complication that can arise in processing a hard money loan is a lien, judgment, or title issue on the property. You’ll need to either handle those issues before the loan is issued, or handle them during the escrow phase of the loan. Speak with one of our expert hard money lenders in Los Angeles to get an idea of your options should you be facing one of these complications with your property.
Hard money lending is all about flexibility. When a traditional lending institution won’t take the loan or can’t act fast enough, PB Financial Group is here to help. For further information or inquiries please contact us at 323.935.5555 or visit www.calhardmoney.com.
PB Financial NMLS #357614/DRE #01522495