When John Paul Young first sang “Pasadena,” his theme conjured up images of a quiet enclave wrapped in solitude. Pasadena, meaning “crown of the valley,” denotes a touch of majesty, a well-deserved acclaim for those familiar with the city. As a cultural hub in the middle of the San Gabriel Valley, Pasadena thrives in the hot US economy. The city’s industrial, commercial, mixed use, and residential real estate markets benefit significantly from rising prices and increased sales. However, even seemingly idyllic scenarios come with their trials. In this case, many Pasadena residents are left with broken FICO scores and poor credit ratings from past struggles.
Private Money Lenders Inc., a pioneer in private money lending, rejects traditional lender platitudes like “that’s just the way it is.” We are dedicated to changing the property loan landscape for individuals, partnerships, trusts, corporations, LLCs, estates, and foreign nationals with innovative funding arrangements. Over the years, we have expanded to offer bridge loans, long-term private financing, private money loans, and investor loans, even for marginal clients. We do not discriminate based on loan size; loans of $50,000 are as important to us as applications for $2 million.
Our competitors are struggling to keep up. They have failed to respond to our honed process that focuses on the crucial aspect of any deal—the equity value in the real estate. Once we determine that key item, the rest is relatively plain sailing: we move at lightning speed to agree on easy terms and the lowest interest rates. We also bring transparency to the forefront by openly addressing the small print in contracts, facilitating clear negotiations. Pasadena clients are often amazed by how smoothly closings transpire once we align equity value with transparency.
Our advantage is most evident with Pasadena properties where equity value is elusive. In such cases, we utilize our resources to apply cross-collateralization methods that work effectively. Similarly, we are adept at refinancing business loans to satisfy clients facing inflationary pressures on interest charges, often achieving this with no cash out limits, giving us a significant competitive edge.
Private Money Lenders Inc. has entered Pasadena as a hard money lender to help residents improve their credit records and gain access to the city’s real estate sectors. Our competence and integrity make a lasting impression on investors from all walks of life, resulting in astounding success.