Loan Products

OUR MISSION

We work with you to address your most critical business needs

The mission of Pittman Financial Group is to be servant leaders in our communities by providing capital for business, real estate, and economic opportunities. To improve the quality of life through affordable and innovative financing.

Empower our communities
Provide capital & real estate
Provide leadership solutions

Network of private debt and equity partners
Paycheck Protection Program assistance

Finance Solutions

We offer best-in-class guidance and financing solutions for most commercial real estate property types.

Quality Customer Service

We’re An Energetic, Flexible, And Open-Minded Team Ready To Work Hard For Our Clients.

Agent Referral Program

Refer clients to PFG in exchange for a referral fee if the referral results in a funded closing.

WHAT WE DO

Offer An Extensive
Loan Products Portfolio

Small Business Lending

Small Business Lending

This product provides affordable long-term capital with low down-payment requirements

Purchase, debt refinancing, new construction, purchase of equipment, business expansion
Up to 90% LTV
Loan amount up to $25 million
25 – 30 year terms
5-yr and 3,2,1 prepayment penalty
25 – 30 year amortization
Fixed and variable rates
Credit score of at least 680 (having a lower credit score doesn’t disqualify you)
Lending to For-profit and Non-profit businesses
Minimum down payment
DSCR of 1.15+

Conventional

Conventional

This product is used to purchase or refinance such assets as retail, industrial, warehouses, senior living and more.

Purchase and refinancing
65% to 85% LTV
Loan amount up to $50 million
Up to 15 year terms
Flexible prepayment penalty
20 – 30 year amortization
DSCR of 1.25+
30 – 45 day closings
Investment & Owner-Occupied properties

Bridge

This is our short-term loan product used to purchase commercial property before refinancing to a long-term loan.

65% – 75% LTV
Loan amount up to $20 million
6 months – 36 months interest only
Flexible prepayment penalty
30 year amortization
15 – 45 day closings
Credit score of 650 or better

Stated Income

Stated Income

This is our in-house product that helps those businesses that were turned down for loans by traditional banks. This product closes fast and offer principal & interest payments throughout the life of the loan.

Up to 80% LTV
Loan amounts from $75, 000 - $5,000,000
3,5,7 and 8 year fixed terms
30-year amortization
No balloon
Flexible pre-payment
No FICO score minimum
15 – 30-day closings

Investor 1-4 Units

Investor 1-4 Units

Short term financing for the acquisition of a property as well as financing the renovation costs.

FIX & FLIP
Up to 70% of appraised ARV
13 months term (possibly longer)
Credit score of 620 or higher
Up to 90% LTC
Loan amounts from $75,000 - $2,000,000
One loan including acquisition and renovation
No prepayment penalty
Investment property only
Must be held in an entity
No owner-occupied properties
BUY AND HOLD
5/1 ARM, 7/1 ARM and 30/30 fixed terms
No balloon initial fixed 5 or 7 years
Up to 75% LTV
Credit score of 650 or higher
Loan amounts from $50,000 - $2,000,000
No income or DTI calculations – 7/1 ARM
No tax returns or 4506
No limit on number of current loans
Prepayment penalty will apply

how it works

Three Simple Steps To Get
The Process Going

Pre-Approval

General overview of the economics, structure, and credit of the capital request.

Loan Application

Rate and terms are issued. Full documents are requested and submitted.

Underwriting

Final credit decision is determined and the capital request is moved to closing.

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