In 1929, Roseville’s population was a mere 6,500. By 1985, 56 years later, it had grown to 26,000, representing an annual growth rate of approximately 2.5%. In 2018, the population ballooned to 130,000, earning Roseville the distinction of being the largest city in Placer County, California, within the Sacramento Metropolitan area. This explosive growth over the last 33 years can be attributed largely to the development of its industrial, commercial, mixed-use, and residential real estate, with shopping centers and new homes taking center stage. However, such rapid property market action, marked by recessions and booms, often leaves casualties. Many Roseville resident investors have been left with wounded credit ratings and leaking FICO scores.
This situation presented a perfect opportunity for Private Money Lenders Inc., the most prolific private money lender in California’s mainstream cities like Roseville. We engaged with struggling residents to address credit problems they had considered a lost cause. The results were remarkable as our expertise helped clients secure bridge loans, long-term private financing, private money loans, and investor loans for diversified real estate investments. We successfully applied these funding solutions across various investment structures, allowing individuals, partnerships, trusts, corporations, LLCs, estates, and foreign nationals to participate in the market.
Our competition is simply three steps behind our speed and efficiency, which we achieve by focusing on the equity value inherent in most properties. Once this is identified, it becomes relatively straightforward to negotiate low-interest rates and manageable redemption terms. This process is further facilitated by our commitment to transparency, which eliminates the small print as a potential “aftershock.” As a result, both lenders and borrowers are on the same page whenever we are involved.
Many Roseville clients appreciate the fairness maintained by our trained agents throughout all discussions. Loan applications for $50,000 receive the same time and effort as those for $2 million. Additionally, we have helped clients in cases where property equity values are thin by employing cross-collateralization, much to the surprise and relief of residents on the brink of frustration.
We have also aggressively entered the business loan market, mastering the nuances and techniques to refinance existing positions with no cash-out limits. We do this efficiently and effectively to combat the rising interest rates spurred by recent Federal Reserve policies.
Private Money Lenders Inc. entered the Roseville market fully aware of the credit challenges faced by many residents. As an experienced and professional private money lender, we saw this as an opportunity rather than a deterrent. Our clients have come to appreciate our combined resources and our ability to achieve fast, long-lasting results.