Category Archives: Arizona mortgage broker Blog 15: What’s so great about trust deed investing Arizona?

Tips to Obtaining Hard Money Loans Fast

Hard money loans are used for short-term projects, usually ranging from as little as 30 days to 5 years. But these loans also come with higher interest rates. But if you need to get extra finances quickly, this type of funding is the right choice for you.

Fast approvals are usually quite easy when it comes to hard money loans. On top of quick approvals, these loans also come with high flexibility and less documentation is required for approval. Usually they are used as a last resort when unable to get a mortgage, but it can be well worth it.

If you are looking to finance a real estate investment, this type of funding is very beneficial in its own ways. The application process is much shorter compared to other loans. Financial history of course does play a role, but other factors come into play as well. Many lenders aren’t concerned with the present value. Their main concern is to see that in a short time, they will be able to make their money back on the investment, including interest.

Since lenders are looking more at the final project, making plans for the property plays a big part and can help you get hard money loans even faster. Most of the time, funding is provided in just a couple of weeks. But if need be, you sometimes can get the funds as little as just a few days, all depending on the lender and certain circumstances.

The first thing to do to obtain a loan quickly is to gather all of the important documentation.

Gathering all of the important documentation and information needed for lenders is one of the most basic factors for a speedy process. Things that lenders are looking for include: what kind of property you are looking to invest in (residential, commercial, industrial or land), the estimated value of the property, the requested loan amount and how the loan with be paid back (this includes the terms of loan, the length and monthly payments).

Not only is the process of getting funds quick, so is the application.

Unlike other loans, hard money loans come with much easier applications. In fact, the application is only 5 pages long. The entire process will even go quicker if you are able to present all of the information that the lender needs sooner rather than later. This is why organization of all of your documents and plans come in handy.

Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC  Private Hard Money Lender
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave |Austin | Texas | 78701
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About the Author:  Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

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Is a trust deed investment Arizona right for my portfolio?

Is a trust deed funding correct for my portfolio?

By way of your portfolio, it’s wise to be over defending and endlessly within the hunt for the acceptable funding. Nonetheless look no extra because of trust deed investments Arizona is right proper right here prepared for you. Trust deed investment Arizona has low hazard and extreme returns and that makes people more than happy. Study on to hunt out out additional.

We talked about there’s not lots of a hazard with reference to deed of trust funding Arizona.

Chances are you’ll marvel how that will very properly be so we’re going to make clear it to you. The great thing about taking your portfolio to the next step with trust deed investment Arizona, is that you’re going to always have an asset in your title that is merely yours. Whenever you make your funding you don’t have to stress that may in all probability be gone with out making you any money. You on no account lose and that’s known as a win with deed of trust investments Arizona. With deed of trust investments Arizona you is perhaps always making the acceptable funding.
The favorite type of trust deed investments Arizona are generally the non performing notes Arizona. It is as a result of performing notes is perhaps expensive. Non performing notes Arizona worth little or no and always ends in some type of return for the investor. That’s good info for you because of it means you on no account ought to take a single hazard. You are principally investing in money assured –or not lower than some new property.
As you resolve what it is advisable to do collectively together with your portfolio, don’t neglect about how unbelievable trust deed funding in Arizona is perhaps to your vary. Always make sure to look into non performing notes Arizona and see how one can get a deal at an especially low worth that may get an essential return. Don’t hesitate instantly. Make the selection now and bask throughout the glory later.
page-1-img-1Arizona Exhausting Money
Arizona Mortgage Broker
Dennis Dahlberg
Vendor/RI/CEO/MLO
Level 4 Funding LLC
Tel:  (623) 582-4444 | Fax: (888) 279-6917
www.setabay.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 12
Phoenix AZ 85027