Bridge Loan | |
Property Types | 2-4 Units, SFR |
Lendding Area | california |
Loan amount Minimum | $100,000 |
Loan amount Maximum | $1,000,000 |
Lien Position | 1st |
Second Mortgage | |
Property Types | 2-4 Units, Condo, SFR |
Lendding Area | california |
Loan amount Minimum | $100,000 |
Loan amount Maximum | $1,000,000 |
Terms | 1 year, 2 year, 3 year, 4 year, 5 year |
Updated as of | 2024-05-29 |
Long Term Commercial Loan | |
Property Types | 2-4 Units, Assisted Living, Condo, Industrial, Land Entitled, Mixed use, Mobile Home Park, Multi Family, Office, Retail, Senior Care - Residential Property, SFR, Strip Center |
Lendding Area | california |
Loan amount Minimum | $100,000 |
Loan amount Maximum | $5,000,000 |
Terms | 1 year, 2 year, 3 year, 4 year, 5 year |
Typical Days Required to Fund | 5 Business days or less |
Credit Score Min | 480 |
Interest Only or Amortized | Interest Only |
Lien Position | 1st, 2nd, 3rd |
Intended Occupancy | Tenant, Vacant, Owner Occupied Business Purpose |
Fixed or Adjustable | Fixed |
Recourse | Recourse and Non Recourse available |
Updated as of | 2024-05-29 |
Summary of all Guidelines | |
Loan Types | Bridge Loan, Commercial Loan, Hard Money Loan |
Loan amount Minimum | $50,000 |
Loan amount Maximum | $2,000,000 |
Interest Rate Minimum | 8% |
Interest Rate Maximum | 11% |
Points Minimum 1st TD | 2 |
Points Maximum 1st TD | 3 |
Terms | 20-30 |
Interest Only or Amortized | Interest Only, Amoritzed |
Prepayment Penalty | None, 3 months, 6 months, 1 year, 2 year, Other |
LTV Bridge | None |
Upfront Fees | Appraisal, B.P.O. Broker Price Opinioni, Environmental, Loan Documents, Other |
Personal Guarantee /Recourse Required | Recourse, No Recourse |
Intended Occupancy | Owner, Non-Owner, Owner bridge |
Since 2006, PB Financial Group has been serving the residents of California with private real estate loans and establishing itself as the premier hard money lender.
PB Financial Group is located in Los Angeles, CA. They offer financing for Bridge Loans, Hard Money Loans and Commercial Loans. Their minimum loan amount is $50,000. Their maximum loan amount is $2,000,000. They offer loans for a minimum Term of 3 months. Maximum duration of 20-30. Although rates can change they are typically lending at a minimum rate of 8%. Maximum interest rate of 11%. Points charged are deal specific, but historically have charged a minimum of 2. Maximum points charged are 3.
These descriptions are limited information and meant for general reference purposes.
6380 Wilshire Bl # 1610
Los Angeles,
CA
90210