Sharing a border with Los Angeles, Long Beach has its own distinctive qualities. As a charter city, it operates with a unique autonomy. Since 2012, Long Beach has seen significant real estate appreciation, with the average single-family home price rising from $347K to $586K, according to Zillow.
Despite these gains, many residents still struggle with fractured credit scores, making it difficult to capitalize on Long Beach’s industrial, commercial, mixed-use, and residential property markets. Past FICO and loan infractions are often the root cause of these challenges.
The solution is now at your doorstep: Private Money Lenders, Inc., a hard money lender with extensive experience throughout California. We provide first and second lien loans to individuals, partnerships, trusts, corporations, LLCs, estates, and foreign nationals without the hassle of overcoming past credit issues. Our expertise helps guide clients through the complexities of a bumpy credit history that typically hinders success.
If a loan in any of these markets is holding you back due to poor credit, know that we achieve excellent results in private money loans, bridge loans, long-term private financing, and investor loans. We even offer refinancing with no limit cash-outs for business purposes, an invaluable resource as the Fed continues to raise interest rates.
Our impressive range and depth are matched by our close-up contact with clients. We prioritize removing the strain from the loan-seeking process through a cohesive team of qualified and trained agents. Our straightforward approach involves identifying equity in the asset at any level, even below the acceptable norm, and structuring a reasonable repayment plan. When equity evaluation is challenging, we utilize cross-collateralization as an effective alternative.
We do not judge our clients by the size of their loan. Whether borrowing $50,000 or $2 million, every client receives the same first-class attention. This dedication to both small and large loans is the hallmark of a solid hard money lender in California, particularly in Long Beach. When you come to us for your loan needs, our terms and rates outcompete the best, and small print issues are never a problem. Our open book methodology ensures clarity throughout the process and beyond. Our service is fast, hassle-free, and completely reliable, thanks to intensive team training and investment in essential resources to ensure a positive client experience.