Commercial Hard Money - Bridge Loans
PB Financial Group Corp. is not your typical lender. We take the subjectivity out of Hard Money Lending. We’ll tell you what will close and how to close it -we’ll get you there! Our loans are strictly driven by the equity in the subject property, not through a borrower’s FICO score. We do residential and commercial real estate loans that need creative approaches with aggressive investors to fund.
Our Commercial Hard Money handles both purchase and refinance transactions on all types of commercial/income producing properties such as Retail Stores, Mobile Home Parks, Office Buildings, Industrial Properties, Apartment/Condominium Complexes, Restaurants, etc. Average closings for Commercial loan applications are generally 2-weeks to 3-weeks.
Commercial loan applications are always immediately underwritten due to the fact that we know business owners feel the burden of needing immediate loan decisions and closings for their business to begin or continuously operate.
PB Financial Group Corp. Commercial Hard Money rates are some of the most reasonable in the current market situation. We look beyond what the commercial property and its business will produce after closing to give practical terms for the loan and help the business owners meet their own financial goals. Since PB Financial Group Corp. is an equity-based Hard Money / Private Money Lender , owner’s credit is generally not a major factor into our decision-making. We adapt our loans to fit exactly on your financial situation.
Program Highlights:
- Loan amounts from $50,000.oo to $2 Million in 1st position.
- 2nd Position loans from $100,000.00 to $1,000,000.00 up to under 60% CLTV for 60 months.
- Foreclosure/NOD, Bankruptcy, Bad Credit – Okay
- Purchase Money and Refinance Transactions
- FICO problem – Okay
- SISA, SIVA, and No Doc available on NOO and Investment Properties.
- Probate Loans – Okay
- Rehab and Construction loans available
- Property Inspection in lieu of Appraisal Reports, case-by-case.
- Corporations, LLC’s, and Trusts – Okay
- SFR and 1-4 Units up to 70% LTV. 12 Months to 10 Year Programs available.
- Industrial up to 65% LTV Interest Only or partially amortized available, terms vary up to 5 years.
- Commercial up to 65% LTV Interest Only or partially amortized. 3 Months to 20 Years Loan Terms.
- Apartment Building Loans up to 65% to 80% LTV. Interest Only or Partially Amortized up to 20 years.
- Mix Used properties up to 65% LTV. Interest Only or Partially Amortized up to 5 years.
To start the loan process please download and complete the PB Financial Submission Packet (and fax it to 866-318-4471). A PB Financial Loan Officer will contact [email protected] and review with you your loan request.
