Pomona, a city in Los Angeles County with a population nearing 150,000, has transformed from its agricultural roots into a diverse mix of industrial, commercial, mixed-use, and residential real estate. Over the past year, median residential values have increased by 10%, with expectations of continued growth in 2018. This economic shift brings price volatility, especially magnified by the 2008 recession that collapsed property values and caused significant credit rating problems for investors. Traditional mortgage lenders in Pomona are often unsympathetic to those trying to enter new real estate opportunities.
Individuals, partnerships, trusts, corporations, LLCs, estates, and foreign nationals facing these credit challenges have turned to Private Money Lenders Inc., a top-rated hard money lender renowned for alleviating credit burdens for investors throughout California. With our intervention, bridge loans, long-term private financing, private money loans, and investor loans have become accessible to Pomona investors, creating new opportunities for those with credit handicaps. Our experience, professional financing resources, and lender mindset equip us to meet almost any real estate investment challenge, generating quick results for all clients who approach us.
At Private Money Lenders Inc., we outshine the competition by treating all clients equally, regardless of the loan size. Our lending agents provide full professional support to clients raising $50,000 with the same dedication as those seeking $2 million. Our policy of full transparency eliminates the aftershock of small print clauses. We focus on uncovering the equity value in every property, quickly arranging the lowest interest rates and most favorable terms of loan redemption. This approach ensures both lenders and borrowers emerge satisfied, reflecting a balanced loan that’s fair to all parties.
Our resilience shines in two challenging scenarios: real estate with paper-thin equity and businesses facing rising interest rates due to recent Fed policies. For the former, we apply cross-collateralization with excellent results, and for the latter, we offer refinancing with no cash-out limits, a sophisticated solution that sets us apart from the competition.
Pomona has experienced a real estate investing renaissance alongside Private Money Lenders Inc., a leading private money lender active in many Californian cities. Our comprehensive understanding of the real estate lending industry and our ability to navigate difficult credit issues have significantly benefited the city’s investors. Together, we have fostered better decision-making and a healthier property investment environment.