Private Lending Group Inc.

Mortgage Broker serving Chicago, IL

About Private Lending Group Inc.

Private Lending Group is a distinguished private money lender specializing in providing rapid and flexible financing solutions for real estate investors across the United States. Based in the Chicago area, the company focuses on non-owner occupied properties, offering a vital alternative to traditional bank lending for those looking to acquire, rehabilitate, or refinance investment assets.

The firm is particularly known for its expedited closing times, often within seven days, and its accommodating lending criteria which includes no tax return requirements and a flexible approach to credit scores, with loans available for FICO scores as low as 580 and even below under certain conditions. Private Lending Group caters to a diverse range of investors, from those engaging in short-term fix-and-flip projects requiring rehab funds to long-term investors seeking rental property financing or commercial real estate loans.

Having collectively facilitated over $250,000,000 in loans, Private Lending Group leverages its extensive experience and direct access to capital to streamline the lending process for both individual investors and mortgage brokers. Their commitment to efficiency and understanding of the investor's unique needs, including offering high LTVs and allowing closing costs to be rolled into loans, positions them as a key partner for real estate professionals navigating a dynamic market.

Company Information

Lender Type: Private Money Lender
Headquarters: Chicago, IL
Total Loans Originated: $250,000,000+

Licensed In

ALL

Digital Capabilities

Online Application
Digital Document Upload

Home Loan Products

Rehab/Fix & Flip Loans

Loan Types:
Hard MoneyConstructionBridgeCash-Out Refinance
Rate Types:
Fixed Rate
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)
Occupancy Types:
Investment Property
Employment Types:
InvestorSelf-EmployedBusiness Owner
Income Verification:
No Income Verification
Available Terms:
1 years2 years
Credit Tiers:
Excellent (740+)Good (680-739)Fair (620-679)Poor (580-619)Bad (<580)
25%
Min Down Payment
65%
Max LTV
580
Min Credit Score

Long-Term Rental Property Loans

Loan Types:
DSCRPortfolioRefinanceCash-Out Refinance
Rate Types:
Fixed Rate
Property Types:
Single-Family HomeCondoTownhouseMulti-Family (2-4 units)
Occupancy Types:
Investment Property
Employment Types:
InvestorSelf-EmployedBusiness Owner
Income Verification:
No Income Verification
Available Terms:
3 years5 years7 years10 years30 years
Credit Tiers:
Excellent (740+)Good (680-739)Fair (620-679)Poor (580-619)Bad (<580)
25%
Min Down Payment
75%
Max LTV
580
Min Credit Score

Commercial Loan Products

Commercial Real Estate Loans

Loan Types:
Conventional CREHard Money Loan
Property Types:
Multifamily (5+ units)OfficeRetailIndustrial/WarehouseHospitalityLandMixed-Use
Industry Focus:
Real Estate Investment

Contact Information

150 N Michigan Ave UNIT 1500
Chicago, IL 60601
US

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Business Information

Category: Mortgage Broker
Location: Chicago, IL
Status: Standard
Type: Private Money Lender
Loans Originated: $250,000,000+
Profile Views: 0

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