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How Should I Feel About Arizona Hard Money Loans? Arizona Hard Money. Looking to rebuild your home to make it exactly what you want? Or maybe to flip a home and sell it for a profit?. That also means that a hard money lender Arizona loan is just about the most simple loan you can get. A.
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What are Hard Money Loans? Hard money loans are also known as private money loans.These are short-term loans secured by placing real estate as the collateral. They are funded by private investors or companies and sourced by Capital Market Funds LLC of Phoenix, AZ.The amount of the loan depends upon the value of the property in consideration.
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As a direct hard money lender in Arizona, we can fund bridge loans for 12 months or less. Source Capital will finance up to 70 percent of your LTV. Source Capital doesn’t charge any prepayment penalties or junk fees, and we’ve proven to hundreds of clients why we’re trusted as the premier source for hard money funding.
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A hard money loan secured to real estate is a loan that is not purchase money. It is money loaned to a borrower, which is not always used to buy a home. You can get a hard money loan without owning a home at all — without any security for that loan — providing the lender feels you are a good credit risk.
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We offer hard money loans for all areas of Arizona, including Phoenix, Tucson, Scottsdale, and Flagstaff. When the banks cannot approve your Arizona loan request or respond quickly enough, our private money lending programs can provide you with the funds you need with flexible terms.
Arizona hard money lenders are actually more concerned about the property you are borrowing against and whether or not you are going to repay the loan. This loan really has nothing to do with your FICO score, so stop worrying about it. Arizona hard money lenders hand out loans fast so you aren’t left worrying. If you have ever been through a.