Looking for a Hard Money Loan in Phoenix, Arizona?
ARIZONA PRIVATE MONEY & HARD MONEY REAL ESTATE LOANS DIRECT FROM BRAD!
GREATER PHOENIX ARIZONA AREA
& SURROUNDING COMMUNITIES
- Owner Occupied Mortgage Loans (you intend to live in the home)
- Investor loans for Fix and Flip or Long Term Hold
- Up to 100% Loan to Value of Purchase price
- Loan Amounts $25,000 to $250,000 (up to $1M on multi-family complex)
- 6 Month to 10 Year Terms
- No Pre-Payment Penalty
- Low interest rates from 12.99% on most private money and hard money Arizona loan programs
- Homes, 2-4 unit properties, apartment buildings (no land)
Foreclosure? Short Sale? Discharged Bankruptcy? …. OK !
Non-US Citizen .... OK! NO “Established Credit” …. OK !
Brad is Arizona's premier bad credit mortgage lender!
Requirements for Hard Money Loans AZ: OWNER OCCUPIED and RESIDENTIAL MORTGAGES
(you intend to live in the home):
- 30% cash DOWN PAYMENT, possible down to 20% cash Down Payment with EXCEPTIONS or ALTERNATIVE Arizona Hard Money Loan Programs
- Bank statement showing funds available for down payment, loan fees and third party closing costs. Copy of IRA or 401(k) statements if applicable
- Proof of income: 30 days of paystubs, last two years federal tax returns and W-2’s or 1099’s, OR 12 months of bank statements (instead of tax returns), where we will average 12 months of deposits to determine average monthly income
- Debt to income ratio must be below 50%
- Copy of Purchase Contract
- Valid ID
- Appraisal and title report (ordered by eMortgage Inc.)
- Hard money loans Arizona residents can depend on are usually funded 5 to 10 days from application
- Must choose fully amortized loan program highlighted in yellow on Loan Programs page
Most loans have NO PREPAYMENT PENALTY!
Requirements for Arizona Hard Money Loan INVESTORS:
- 30% cash DOWN PAYMENT or more (Up to 70% Loan to Purchase Price or After Repair Value)
OR up to 0% down when borrower escrows up to 35% or more of purchase price for renovations OR provide cross-collateral - Bank statement showing down payment funds and other available working capital. Copy of IRA or 401(k) statements if applicable
- Copy of lease(s) if applicable
- Copy of Purchase Contract
- Valid ID
- Appraisal and title report (ordered by eMortgage Inc.)
- 3 to 5 day funding for hard money loans Phoenix investors can count on.
Most loans have NO PREPAYMENT PENALTY!
Call 480.948.0880 or fill out our 5 minute, simple Hard Money Loans AZONLINE LOAN APPLICATION to get approved for a hard money Arizona loan today.
