WHY USE AN ARIZONA BRIDGE LOAN?
Thursday, December 06
A is a loan that a borrower takes out against their property to finance the purchase of a new property. A Arizona Bridge Loan is also known as a swing loan, gap financing or interim financing. They are typically taken out when a borrower is upgrading into a bigger home but their current home hasn...
ALL ABOUT ARIZONA HARD MONEY LENDERS
Thursday, December 06
You’ve heard about them—but what exactly is the 411 on ? What is the difference between hard money lenders and bank lenders? What is the purpose of Arizona HARD MONEY LENDING? And, when would a borrower use a hard money lender? are investors who make loans that are secured by real estate. Typical...
WHAT YOU SHOULD KNOW ABOUT RENTAL PROPERTY LOANS
Thursday, December 06
If you think getting a will be as easy as it was when you got your mortgage—you’re wrong.Buying an investment property loans in Arizona for a rental home is a fantastic way to add income—however, the problem lies in approval for that loan. Lenders are much more strict in their underwriting when ...
WHO ARE PRIVATE MONEY LENDERS IN ARIZONA RIGHT FOR?
Thursday, December 06
Private money lenders in Arizona are often referred to as hard money lenders. They are non-institutional lenders that issue short-term loans for the purchase and or renovation of an investment property. They are right for numerous types of borrowers. Historically, fix and flippers used more than...
THE REAL DEAL ON ARIZONA HARD MONEY LOANS
Thursday, December 06
Simply put, a hard money loan is a loan back by the value of the property versus the credit and income of the borrower. The property itself is used as protection against default by the borrower. Arizona Hard Money Lenders are private individuals that see value in potentially risky ventures that t...
ARIZONA SPEC LOAN FINANCING
Thursday, December 06
An is the term used for a loan on a speculative property. It falls under the umbrella of construction loans.Investors require funding when it comes to speculative property. It is speculative because the property has not been built yet. The builder and investor are speculating they will sell the ...