About Us
Palermo Financial Group is a Florida-based private lending company that specializes in providing extremely fast & reliable capital to Real Estate investors since 2001.
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Daniel Gamburd
Founder
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Eitan Gamburd
Co-Founder
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Julian Sruber
Partner
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Jazmin Lacabanne
Executive Admin
As a direct lender, we are able to provide loan options that are often unavailable from other sources that are constrained by rigid lending guidelines. We have established a reputation for reliability and excellence, fostering lasting partnerships with our clients.
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Do you have an online borrower portal?Yes! Borrowers can view loan details, payment history, and make online payments through our secure borrower portal.
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How are loan payments made?Palermo Financial services all loans in-house. Payments are typically automatically debited via ACH. Borrowers can also choose to pay online through our borrower portal, but opting out of ACH may result in an interest rate increase.
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What if a payment is late?Late payments are subject to a late charge as outlined in the loan agreement.
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How long does it take to close a loan?Most loans close within 3 to 7 days, depending on property type and due diligence requirements.
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How can I request a payoff?Borrowers can request a payoff via: Website: Use the “Request Payoff” button on our landing page. Email: info@palermofinancial.com
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What is your loan approval process?Our process is quick and straightforward: Loan Inquiry – Submit property details and financing needs Initial Review – We assess the deal and issue a term sheet that same day Due Diligence – We order an appraisal, title search, and insurance verification Loan Funding – Once approved, we can close in as little as 3 days
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What documents do you require?Minimal documentation compared to banks, typically: Property details and 3rd party valuation Purchase contract (if applicable) Clean title
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How is a private loan different from a bank loan?Speed – We can close in days, not months Less paperwork – No income verification or excessive documentation Flexible terms – Loan decisions based on property value & exit strategy
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What are private loans?Private loans are short-term, asset-based loans secured by real estate. They re primarily used for bridge financing, allowing borrowers to purchase or refinance quickly without the delays of traditional banks. Unlike bank loans, private loans focus on the property’s value and exit strategy rather than credit scores or income verification.
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Who typically uses private loans?Real estate investors & buyers – To secure deals quickly before obtaining long-term financing Property owners – To refinance or pull cash out for new investments Business owners – To leverage real estate for liquidity Anyone needing fast, flexible funding
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Additional QuestionsDo you work with brokers? Yes! We partner with brokers and offer competitive referral compensation. Do you offer second-position loans? No, we only provide first-lien loans. How do I apply for a loan? You can apply by emailing us at info@palermofinancial.com or submitting an inquiry through our website. Our team will review your request and respond promptly.
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Can I pay off my loan early?Yes, early payoff is allowed. Some loans may have a prepayment penalty, which will be disclosed in your loan terms.
Loan Programs
Our fast & simple 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, focusing on the value of the property in making our loan decisions.
Lending Guidelines
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Max LTV:
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70% of As-Is value for Purchases
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65% of As-Is value for Refinances
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Loan Size: $100,000 - $4,000,000
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Interest Rate: Subject to market (9.99- 11.99% is standard)
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Payments: Interest-Only
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Term Length: Up to 24 months
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Occupancy: Non-Owner Occupied
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Prepayment Penalty: Negotiable
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Min FICO: N/A
Our Streamlined Process
Our streamlined process is designed to be simple, transparent, and efficient. As a direct lender, we are able to provide loan options that are often unavailable from other sources that are constrained by rigid lending guidelines.
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Application
Crafted to expedite real estate transactions, providing investors with the agility of a cash offer.
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Underwriting
We'll provide a same-day Term Sheet and proceed with the underwriting process.
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Closing
We'll coordinate funding and closing, ensuring a smooth transaction with all involved parties
Take Control of Your Financial Future Today
At Palermo Financial, your dreams deserve expert guidance and tailored solutions. Let’s work together to turn your financial goals into reality.
Don’t wait! Fill out the form now to schedule your consultation with our experienced team. Your journey to financial success starts here!
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