Category Archives: mortgage loan

Top Situations where a hard money loan is best

A hard money loan is any loan secured by a “hard” asset (i.e., An Asset-based loan). This type of loan can be your best option especially if you need financing to construct a new facility, to renovate a distressed property or if you need to make a purchase quickly.

Asset-based loans are typically short-term loans and are more expensive than traditional financing. Because of this higher expense, it is easy to ask, who would want this type of funding in the first place?

An asset-based loan is especially useful for real-estate investors who are speculating on a quick turn around when it comes to their project. Traditional lenders avoid relying on this kind of speculation.An obvious example is a fix-and-flip project, banks avoid financing these projects because there is no guarantee of a profit and the borrower could default in the end. Traditional banks are also wary of construction loans because they have to rely on the borrowers assumptions and success isn’t guaranteed.

A hard money loan can be the help you need if you need to fund a renovation or construction project

There are other reasons to consider asset-based lenders for renovation or construction projects. Typically a bank raises funds for a mortgage by reselling it to a government agency like Fannie Mae or Freddie Mac. Banks won’t be able to resell any mortgage on a distressed property that falls short of FHA guidelines.Therefore a typical bank will likely deny your application if you are trying to renovate a distressed property. Asset-based lenders raise their funds from private investors and have money on hand, allowing them to see past the poor condition of any property you intend to rehabilitate.

The situation can become complicated if you finance your construction loan with an ordinary lender. Banks disperse construction loans according to a specific timetable and specific benchmarks. The lender could withhold funding if your projecting doesn’t go according to plan. This scenario could be a disaster and could leave you unable to pay your contractors or to continue your project. The regulations that stifle traditional banks don’t hamstring asset-based lenders so you can get increased flexibility when it comes the terms of a construction loan.

However, asset-based lenders outshine traditional banks when it comes to time-sensitive purchases.

When it comes to time-sensitive purchases, a hard money loan can be a win-win solution

A typical bank loan usually closes within 120 days, and the best investment properties don’t stay on the market for long. Even the most qualified borrower won’t see their application go through any faster because banks have to comply with their own guidelines and with government regulations.

Asset-based loans can close within a matter of days allowing you to complete a time-sensitive purchase. An asset-based loan gives you the flexibility to then refinance to a long-term mortgage, or to sell the property for a profit.

In short asset-based lenders are ideal for borrowers who know the potential of their project, who need flexibility or who need cash quickly to make the most of a potential investment.

Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC  Private Hard Money Lender
Arizona Tel:  (623) 582-4444
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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How to Ensure Eligibility for Commercial Loans

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Can you really increase our chances of getting approved for commercial loans? Indeed there are many ways to improve your odds and Level 4 Funding tells you how.

Commercial loans are important for so many reasons and though they are some of the most complex types of loans, with the right research and “homework,” you can make some real headway to understanding what you need to do to be successful in getting the loan. There are also some things you do to increase your chances of getting approval and ensuring you don’t get rejected, which is more common than you think so if at first you don’t succeed, try and try again!

Finding the right lender is key. Search for a lender with professional experience in the type of loan you are looking to obtain; it’s also nice if they have experience with loans in your specific industry. You want to make sure the lender is one you can trust to advise you on your specific instances as the process can be lengthy and complicated — so trust is an important part of finding the right lender. Start with a lender you may have worked with in the past, but if they aren’t familiar with your needs, it might be a good idea to seek an experts for you kind of commercial loans needs.

Having a lawyer on your side can also help ensure your loan approval success. They can review and advise on documents to ensure everything is in order. If they have experience in your type of loan, that’s even better. Just as with a lender, it’s important that you have a lawyer you can trust to make sure you understand the agreement and everything that you are responsible for.

You’ll want to make sure you can afford the terms in the agreement.

Providing proof or collateral provides lenders with the peace of mind that you’ll be able to make your loan payments or in the case that you aren’t, they will be able to recoup their loses via your collateral. This is certain a way to increase your approval chances.

Having good credit is critical – but it’s not everything.

A few more ways to up your changes of approval include being organized and prepared – knowing what you want and being prepared to show the lender how to intend to make profit back is just as important as those 700+ credit scores. Sometimes it’s just about finding the right lender that really believes in your business dream and truly wants to help you make it possible. Having a plan “B” in place, having all your financial documentation and even having some down payment are also ways to increase your chances. Remember, it’s very common that first time loanees get rejected and that doesn’t mean all hope is lost. There are so many options when seeking commercial loans that you can get creative and find alternative ways to get the finances you need to fuel your dreams! So go for it!

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.

Technorati Tags: commercial loans,commercial lending,commercial mortgage

Using a Hard Money Loan Arizona to Buy a Fix and Flip

Is Arizona Laborious Money Correct For Me?

Sometimes
people get confused about Arizona hard money, nonetheless it shouldn’t be so robust because of Arizona hard money can current the short-term money that
individuals wish to restore up or purchase a little bit of property.
Arizona hard money can can be found in two
varieties; hard money lender Arizona and private money lender Arizona.
Laborious money lender Arizona refers to a
group of individuals that do not use typical necessities to loan money to
debtors and by that it is meant that hard
money lender Arizona 
is simply not affiliated with banks. The loans hard money lender Arizona supplies out are
non-traditional loans, which makes them less complicated to accumulate.
Private money lender Arizona is an individual who must current out
non-traditional loans. This private
money lender Arizona 
could very effectively be anyone that you just perceive or it could merely be an
investor that you just simply’ve met with who must hitch you in your precise property
journey.
Whichever
method you choose, Arizona hard money ensures
that investments happen comparatively quickly. Arizona hard money is a loan reply that is short-term and over
quickly, so bigger curiosity doesn’t truly matter. The credit score rating historic previous of a
borrower wouldn’t make a distinction because of the Arizona hard money loan comes from a non-traditional loaner
a lot much less inside the credit score rating and further inside the property.
Should you’re looking out for a quick loan for the property you
have wished for pretty some time now, it could serve you properly to start out attempting
into Arizona hard money for the loan
that you just really need and need. Instead of dealing with difficult banking tips, get collectively
with a private money lender Arizona or
a hard money lender Arizona group
and begin to plan out the reworking of your mannequin new property.

You may be
glad that you just simply chosen Arizona hard money lender.

Dennis Dahlberg

Supplier/RI/CEO/MLO

Diploma 4 Funding LLC
Arizona Tel:  (623) 582-4444 

Arizona Tel:     (512) 516-1177 

www.setabay.com


NMLS 1057378 | AZMB 0923961 | MLO 1057378

22601 N 19th Ave Suite 112

Phoenix AZ 85027


 

Get your USDA Home Loan Arizona and start living in the house of your dreams: The Best mortgage loans Arizona, get one today

Home Mortgage Loan Arizona
Residence Mortgage Mortgage Arizona
Banks have gotten increasingly troublesome and annoying to work with. When the monetary system went south and many individuals misplaced various their credit score rating, banks weren’t exactly there to help of us. And that left a number of individuals stranded in homes they didn’t like or homes they couldn’t afford. What do you do when that happens? Don’t let it happen! There could also be hope with an USDA home loan ArizonaIt might probably be the beginning of a model new and nice life for you! Merely give USDA dwelling loan Arizona a possibility!
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Some additional points to seek out out about an USDA home loan Arizona is that these dwelling loans Arizona do not require you to make a down payment for the acquisition of your private dwelling, which, as you could know, could possibly be very not like your standard monetary establishment loans. Your USDA dwelling loan Arizona is unquestionably an actual 100 % dwelling loan.
When trying to find a mortgage loan Arizona, positively check out the USDA dwelling loan Arizona on account of it might probably be the right one for you. The reality is, with the USDA dwelling loans Arizona, there’s a possibility you can even get 102 % of the appraised value worth of the property you want to buy! The USDA dwelling loans Arizona is one factor to ponder everytime you go to make your subsequent dwelling purchase.
Private Hard Money Lender in Arizona
Huge Daddy Dennis Arduous Money Lender
Arizona Hard Money
Diploma 4 Funding LLC
22601 N 19th Ave Suite 112
Phoenix AZ 85027
623-582-4444

Looking to Get the House of your Dreams with Home Loans Arizona? Luckily, USDA Home Loan Arizona Does Exist!

Home Mortgage Loan Arizona
Dwelling Mortgage Mortgage Arizona
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Private Hard Money Lender in Arizona
Big Daddy Dennis Onerous Money Lender
Arizona Hard Money
Diploma 4 Funding LLC
22601 N 19th Ave Suite 112
Phoenix AZ 85027
623-582-4444

Home Loans Arizona for People with Bad Credit: Getting the USDA Home Loan Arizona and, as a bonus, the home of your dreams

Home Mortgage Loan Arizona
Home Mortgage Mortgage Arizona
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USDA home loan Arizona is among the finest form of loan you’re going to get to your credit score rating score and to your money. It has little perks like some USDA home loans Arizona could even get you 102 % of the appraised price price of the property it is advisable buy. How cool is that? Look into the USDA home loans Arizona as we communicate as a great way to get a bounce start on proudly proudly owning your particular person home.
Private Hard Money Lender in Arizona
Big Daddy Dennis Onerous Money Lender
Arizona Hard Money
Diploma 4 Funding LLC
22601 N 19th Ave Suite 112
Phoenix AZ 85027
623-582-4444

Home loans Arizona for people with bad credit do exist: How About a USDA Home Loan Arizona?

Home Mortgage Loan Arizona
Residence Mortgage Mortgage Arizona
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This dwelling loan Arizona is certainly a really good mortgage loan Arizona for first time homebuyers searching for to get into the housing market, nonetheless maybe haven’t however. Some USDA dwelling loans Arizona might even get you 102 p.c of the appraised value value of the property it is advisable to buy. So as you might even see, everytime you get USDA dwelling loan Arizona, it makes searching for a house and making use of for mortgage loans Arizona less complicated all one of the best ways spherical for everybody. Look into the USDA dwelling loans Arizona within the current day as an efficient technique to get a soar start on proudly proudly owning your particular person dwelling.
Private Hard Money Lender in Arizona
Giant Daddy Dennis Onerous Money Lender
Arizona Hard Money
Stage 4 Funding LLC
22601 N 19th Ave Suite 112
Phoenix AZ 85027
623-582-4444

Home loans Arizona for people with bad credit do exist: How About a USDA Home Loan Arizona?

Home Mortgage Loan Arizona
Residence Mortgage Mortgage Arizona
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You don’t should be embarrassed in a house you don’t love merely because of the monetary system. Chances are you’ll nonetheless get the dwelling loans Arizona that you just need and the house that you just actually need. Merely look into USDA home loans Arizona and start the strategy instantly! You obtained’t be sorry when your mortgage loan Arizona is a snap to get.
Private Hard Money Lender in Arizona
Massive Daddy Dennis Onerous Money Lender
Arizona Hard Money
Diploma 4 Funding LLC
22601 N 19th Ave Suite 112
Phoenix AZ 85027
623-582-4444

Want to Buy a House with a Home Loans Arizona for People with Bad Credit?: Understanding a USDA Home Loan Arizona

Home Mortgage Loan Arizona
Dwelling Mortgage Mortgage Arizona
Whenever you’ve obtained ever even thought of purchasing for your home, nonetheless you’ve been too anxious about your credit score rating score, don’t fret. An USDA home loan Arizona is the easiest way to go to get the home you always wished with out the primary hassles of an ordinary monetary establishment.
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For example, with the USDA residence loan Arizona, there’s fully no down price wished by yourself residence purchase. The least bit! This makes an USDA residence loan Arizona is an actual 100 p.c residence loan, and that makes it a terrific deal for first time shoppers. Furthermore, a variety of the USDA residence loans Arizona could even get you 102 p.c of the appraised price price of the property with an USDA residence loan Arizona. This sort of residence loan Arizona make purchasing for a house and making use of for mortgage loans Arizona less complicated all the easiest way spherical.
For those who’re attempting to make the acquisition of a home and enthusiastic about getting residence loans Arizona, decide if an USDA residence loan Arizona is the easiest way to go. The reply merely could shock you as getting your home loan Arizona is easier than it’s possible you’ll assume. So, skip over the conventional monetary establishment loan and buy the USDA residence loan Arizona. 
Private Hard Money Lender in Arizona
Massive Daddy Dennis Exhausting Money Lender
Arizona Hard Money
Stage 4 Funding LLC
22601 N 19th Ave Suite 112
Phoenix AZ 85027
623-582-4444

Getting a Home Loan Arizona for People with Bad Credit: Why Do You Need USDA Home Loan Arizona?

Home Mortgage Loan Arizona
Residence Mortgage Mortgage Arizona
You might need seen presently that the financial system really took a flip for the worst and plenty of individuals slid down that slide with it. All people was having trouble defending their credit score rating score up, it wasn’t merely you. Nonetheless what happens as soon as they should buy a house with that credit score rating score? Can you even get a mortgage loan Arizona with a credit score rating score like yours? Don’t ask the monetary establishment, they’ll merely let no, nonetheless they’ll make you fill out the paper work anyway. There has acquired to be a higher method, you suppose. Correctly, guess what? There’s. If you end up wanting into dwelling loans Arizona, undoubtedly bear in mind the USDA dwelling loan Arizona. 
Not having credit score rating is simply not a difficulty for the USDA dwelling loan Arizona. Your credit score rating score is simply not considered within the case of determining whether or not or not or not you are going to get the USDA dwelling loan Arizona.
With an USDA dwelling loan Arizona, which is nothing really like your typical monetary establishment loan that everybody is aware of and detest, you moreover do not need a down price on the acquisition of your personal dwelling which makes this then an actual 100 % dwelling loan. This USDA dwelling loan Arizona is the type of dwelling loan Arizona that is really good for first time homebuyers who want to get into the housing market, nonetheless presumably haven’t however out of concern for the credit score rating score. A USDA dwelling loan Arizona might even get you 102 % of the appraised price worth of the property. Your USDA dwelling loan Arizona will make looking for a house and making use of for mortgage loans Arizona easier all the way in which during which spherical. Start wanting into it instantly and private your new dwelling tomorrow.
Private Hard Money Lender in Arizona
Big Daddy Dennis Onerous Money Lender
Arizona Hard Money
Stage 4 Funding LLC
22601 N 19th Ave Suite 112
Phoenix AZ 85027
623-582-4444