Somerset Financial Group, Inc. is a specialty finance company based in Great Neck, NY, with additional offices in West Palm Beach and Boca Raton, FL. With over 40 years of experience, this family-owned business specializes in direct hard money and bridge loans, providing financing solutions for borrowers who may not qualify for traditional lenders. Somerset Financial Group prides itself on its flexibility, quick closings, and ability to accommodate unique situations such as foreclosure, bankruptcy, and buy-outs.
As a private lending group, Somerset Financial Group stands out for its personalized approach, allowing borrowers to directly communicate with the principals who make the decisions. With their own cash readily available, they can issue commitments within 48 hours and close deals within two weeks. Their loan programs include hard money loans for acquisitions, refinancing, working capital, and rehab development, tailored to meet specific needs. Somerset Financial Group also works closely with mortgage brokers, loan originators, and real estate professionals, establishing long-term relationships for repeat business. Additionally, they offer investment opportunities for those seeking stable and attractive returns.
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