About PML · Direct lender since 2019
PML lends with its own capital. The team that quotes a deal is the team that signs the docs, releases the draws, and answers the phone the next time you have a question. There is no broker layer in our model. There is no table-funding. There is no “let me check with our investor”.
Los Angeles, our home base. PML lends in all 50 states from offices in the city we know best.
Photo · Soly Moses / Pexels
The story
The founding thesis
Private Money Lenders LLC was founded in 2019 by mortgage operators with more than twenty years of combined experience in residential and commercial origination. The thesis at founding was simple: the gap between a real estate investor and a closed loan was almost never about credit or collateral. It was about process and time. Files sat. Brokers waited on lenders. Lenders waited on a committee that met once a week.
We built PML to collapse that calendar. The same team that quotes the deal underwrites it, closes it, services it, and releases the draws. We do not table-fund. We do not pass the file to a third-party servicer the day after wiring. We are a direct lender from sponsor submission through final payoff.
Through every cycle
Most notably, we did not cease or reduce lending during the COVID-19 pandemic. While correspondent and capital-markets-funded lenders pulled their commitments in March 2020, PML kept underwriting and closing. We have done the same through every rate cycle since.
Today
PML lends in all 50 states with a team of 25 across three continents. We have funded over $650 million in residential and commercial loans across 1,450 closed deals. Our loan book ranges from a $100,000 fix-and-flip in the Carolinas to a $9 million ground-up in Austin. Same underwriter sits on both files.
The team
Every borrower works with the same underwriter from quote through final payoff. Below: the leadership and operations team you will see on a closing call.
How we operate
The underwriter who quotes the deal is the same underwriter who signs the closing docs and approves the draws. No file hand-off, no second underwriting team, no last-minute repricing because “the capital partner pulled back.”
We did not stop lending during COVID, did not pause through the 2022 rate run, and have not retraded a closed deal in the company’s history. The book is built to outlast the cycle, not surf it.
We do not write home mortgages, business loans, or anything except real estate investor financing. Specialisation is what makes a 48-hour close possible — and what keeps the FAQ on this site from running fifty pages.
Submit a property and one of the people on this page will reply within four business hours.
Private Money Lenders
