Burbank, nestled in Los Angeles County, is renowned for its proximity to Hollywood. Dubbed “The Media Capital of the World,” it hosts prominent production houses like Walt Disney, Warner Brothers, Nickelodeon Animation, and Burbank Studios. Real estate prices in this vibrant hub have surged, with the average residential home nearing $1 million. Despite this, many residents struggle to qualify for loans due to poor FICO scores affected by past credit issues.
Private Money Lenders Inc., a premier hard money lender active in the LA area, takes a different approach. We swiftly and proficiently bypass traditional credit obstacles, opening new paths into Burbank’s real estate market. Our professional agents handle various property investment structures, including partnerships, trusts, corporations, LLCs, estates, and foreign nationals. We offer a diverse product range, including private money loans, bridge loans, long-term private financing, and pure investor loans.
Our focused method extracts equity from the property, facilitating quick resolution of contract details and securing the lowest possible interest rates. We offer liberal redemption terms, treating all clients equally, whether they seek a $50,000 loan or a $2 million loan. Every client receives VIP treatment at PML.
Cross-collateralization is an often-used method to close deals, especially when the real estate has thin equity. This ensures no client is left out. We also assist businesses in refinancing existing loans facing rising interest rates, executing these with no cash-out limits.
In Burbank’s high-stakes real estate market, Private Money Lenders Inc. has shown residents a better way to borrow, with transparency, professional realism, integrity, and a strong client focus. Unlike the fictional plots of the next blockbuster movie, our process is grounded in reality and trust.