Top 10 Best Hard Money Lenders in Arizona

The Top 10 Best Hard Money Lenders in Arizona

1. Hanson Capital

Hanson Capital is a collateral based lender, meaning your credit isn´t as important as the real estate itself. They state their goal is to keep the process simple and move quickly from screening to close.

Hanson Capital comes highly rated on Google with clients boasting trustworthiness, easy processes and reliability. They offer hard money loans for commercial property acquisitions, construction projects, rehabs, or buy and hold properties in Arizona.

2. Capital Fund 1

Capital Fund 1 is a Scottsdale, Arizona-based hard money lender. They offer hard money loans throughout Arizona and Colorado. Capital Fund 1 provides financing solutions for real estate investors, including rehab loans, new construction loans, commercial loans, refinancing, investment property loans and more.

They’re highly rated on Google and very active throughout Arizona. The company states that their mission is to help real estate investors get their deals done.

#3. Prime Plus Mortgages

Prime Plus Mortgages is an Arizona hard money lender headquartered in Scottsdale, AZ. They offer buy and hold loans, rehab hard money loans, and hard money bridge loans. Their rates and terms are very competitive and they rate very highly on Google.

They claim to have the lowest downpayment requirements and the fastest turnaround times of any hard money lender in Arizona.

#4. BradLoans.com

Based in Scottsdale, BradLoans is an Arizona private money lender providing financing for real estate investors. They offer a full compliment of loan programs including fix and flip, new construction, long term and more.

They also offer some unique options like the following Up to 100% Loan to value of purchase price when using a 2nd free & clear property for additional collateral, loan amounts $25,000 to $500,000 (up to $1M on multi-family complex), 1 to 30 year terms, no pre-payment penalties and interest rates from 9.99%.

#5. LM2 Investment Group

LM2 is another highly rated hard money lender on Google. With over 80 5 star reviews, they are one of the most reliable private money lenders in Arizona.

They offer short term fix and flip loans and also 1-2 year loans. Their APRs are slightly higher with rates around 16%, but they do offer LTVs up to 90%, no points and flat fee origination of only $1,000.

#6. Kenwood Mortgage Investments

Kenwood Mortgage is one of the original hard money lenders in Arizona. Based in Scottsdale, AZ, they fund many types of hard money investment real estate including residential, commercial, multi-family, and even land.

Their loan packages range from $50,000 to $25,000,000 with competitive rates and fees. Their customer service is often rated very highly as well.

#7. Geoff Ball – Applewood Funding

Applewood Funding, Inc is a hard money lender in the State of Arizona. They’re widely used with nearly 5 stars on Google. Applewood specializes in hard to place hard money loans. They lend on an array of different types of properties and many different types of situations for real estate investors in Arizona.

They provide cash-out hard money loans, loans for investments properties, and rehab loans. They offer loan amounts ranging from $10,000 to $500,000 and terms between 3 months and 5 years. In addition, their loan guidelines do not include a minimum FICO rating, making them a bit more accessible for harder-to-place clients.

#8. Level 4 Funding

Level 4 Funding has very competitive rates and pretty generous lending standards relative to some of the other hard money lenders on this list. Based in Phoenix, Arizona and Austin, Texas, Level 4 Funding LLC can loan on several different locations.

With a large number of positive reviews on Google, combined with their low starting rates of 5.99%, they’re definitely worth checking out.

#9. Stewardship Mortgage / Klinkloans

Klinkloans Fund is a local Arizona hard money lender located in Phoenix Metro area (Gilbert). They don’t want to just do a transaction for you, but are dedicated to increasing the joy of real estate investing for their clients. They provide a very simple and fast experience for their borrowers to close on real estate properties. They come highly rated on Google as well.

Klinkloans is a small team where you have direct access to decision makers who have the ability to come up with creative solutions to help investors achieve their goals. They fund many types of projects including fix and flip, new construction, bridge loans, commercial properties, multi-family properties, and more.

#10. B.E Lending

B.E Lending loans on multiple property types including 1-4 units, condos, SFR, and townhomes. Their loan amounts range from $10k-15M with terms around 6 months. They offer LTVs at 80% with rates from 10-14%. They do charge points between 0-2%.

B.E Lending is well received by clients and their terms are pretty standard making them another reliable option in Arizona.