12 - 36 months
Loan Term
8.99 - 10.99%
Interest-Only
Up to 70%
Loan to Value
3 - 7 Days
Estimated Closing Time
Our Loan Programs
Palermo Financial Group is a Florida-based hard money lending company dedicated to providing extremely fast and affordable private capital to finance non-owner occupied Single Family Homes & Condos as well as Commercial.
Our fast, simple and reliable approach gives investors the peace of mind they need when acquiring or refinancing Real Estate.
We can finance up to 70% on Purchases and up to 65% on Refinances, taking a common sense approach to underwriting and focusing on the underlying value of the subject property in making our loan decisions.
1
Acquisition Bridge Loan
Short-term loan designed to help investors fund real estate transactions as quickly as a cash offer might and gives investors more time to qualify for permanent financing.
Program Overview:
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Up to 70% financing
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Interest Rate of 8.99% - 10.99%
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12-36 month terms
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Interest Only, Fixed Rate
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Asset Class: SFR & Condos, Commercial
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Investment properties only (non-owner occupied)
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Available for foreign nationals
2
Refinance Bridge Loan
Short-term loan designed to help investors refiance a ballooning loan or tap into the equity in their property.
Program Overview:
-
Up to 65% financing
-
Interest Rate of 8.99% - 10.99%
-
12-36 month terms
-
Interest Only, Fixed Rate
-
Asset Class: SFR & Condos, Commercial
-
Investment properties only (non-owner occupied)
-
Available for foreign nationals
01
The Process
Contact Us
Begin your journey by filling out our contact form to get in touch with our team. Provide us with some basic information about your loan scenario, including the property type, desired loan amount, and your strategy. Our dedicated team will review your submission and reach out to you to discuss your financing needs in more detail. We're here to answer any questions you may have and guide you through the next steps.
02
Underwriting
Once we have a clear understanding of your loan requirements, we'll send you a Term Sheet and move forward with the underwriting process. This involves a thorough evaluation of your financial information, property details, and investment strategy. We'll request necessary documents such as property appraisals, title reports, and other statements to assess the risk and structure your loan accordingly. Our goal is to provide you with a tailored lending solution that aligns with your investment objectives.
03
Closing
After successfully completing the underwriting process, we'll move forward to funding and closing the loan. This stage involves coordinating with all parties involved, including attorneys, title companies, and escrow agents, to ensure a smooth transaction. We'll provide you with a clear timeline and checklist of any remaining requirements to close the deal. Once everything is in place, funds will be disbursed and the loan will move to our servicing team.
Contact Us
Fill out the form and one of our team members will contact you.