Private Hard Money for Owner Occupied Borrowers in Phoenix

Welcome we offer Private Hard Money Owner Occupied Loans in Phoenix up to 80% LTV.

Our Phoenix owner occupied hard money loans program makes it easy for you to get the new home you need despite not having credit, having bad credit, or even if you’re not from the United States.  Owner occupied loans have easier requirements than investor loans and can even benefit from our cross collateral 100% LTV loan option.

Owner occupied hard money loans are also considered Principle Residence Loans, alternative financing, and private money loans.

We continuously stay up to date on all regulation required to offer owner occupied hard money loans.

Poor Credit, BK, Foreclosure, TIN Numbers, Self Employed YES we can!

No Up-Front Fees and No Cost to Apply.

Quick and simple to Apply for a Owner Occupied Private Hard Money Loan

Reasons Why Borrowers Use Owner Occupied Loans using Private Money

Bad credit

Hard to prove income

Dealing with a problem property

Cannot qualify for conventional or FHA/VA financing

Common Uses Of Owner Occupied Private Hard Money Loans Phoenix

Buying first or second home

Refinance an existing loan

Cash out for repairs or remodeling

Cash out for debt consolidation

Hard Money Owner Occupied Loan Program Options

100% FINANCING AVAILABLE if the borrower has another property that is free and clear or has a small mortgage in relation to value (substantial equity) to pledge as additional collateral.

We are a Private Hard Money Lender in Phoenix, making real estate loans to both Investors & Owner Occupants in Phoenix.

NO PRE-PAYMENT PENALTY

We have no pre-payment penalties on our loans.

PURCHASE - REFINANCE

Down payment: 20-30%

Can accept co signers

Allow seller carry back for the Down Payment

Up to 70% or 80% of appraised value

Up to 100% financing with a 2nd free and clear property.

Interest Rates from 9.5% for Owner Occupied Private Hard Money in .Phoenix

Requirements for Private Hard Money Owner Occupied Loans

Income verified – 3 months banks statements or tax return.

BK, Foreclosure, INN, Self Employed YES we can!

Apply for an Owner Occupied Hard Money Loan

If you are interested to see if you qualify for an owner occupied hard money loan in Phoenix, give Jamie a call today at 623-582-4444 or fill out our loan application to get started.

What is an Owner Occupied Private Hard Money Loan?

These types of loans are considered consumer loans. This means that they are for the individual home owner not an investor or corporation. These loans are for borrowers who will live in the home as their primary residence home. These are loans where the borrow will use the funds for consumer purposes, such as paying down debt, buying a boat, debt consolidation or paying a tax lien. The funds are going to be used to help the consumer. When you are applying for a consumer Private Hard Money home loan there are a lot of requirements that the lender must do to make sure that the borrower fits the loan. These are recent requirements, but the main requirement is that the Private Hard Money Lender Lending for an Owner Occupied Homes needs to make sure that the borrower can make the payments. They call this verifying the ability to pay the loan. Since this a Private Loan, these requirements are easier and more relaxed that the traditional lender. Additionally, Phoenix Private Hard Money for Owner Occupied Loans usually have a lower credit requirement. Another requirement is that the loans must be ‘fully amortized over 30 years’ and cannot have a balloon payment. The advantages of a Private Hard Money Lender are that the loan is completed quickly, and the borrower can move fast. Typically, the lender is private individual that will look at the property and make a quick decision. Rates on the loan are higher that a traditional loan, but usually range from 6-12%.

A few other reasons for a Phoenix Private Hard Money Owner Occupied Consumer Loan:

Self-employed

Trouble documenting income

Inconsistent income history

Credit issues due to a recent loan modification, short sale or foreclosure

Bankruptcy

Client already owns the home and needs to refinance, the purpose is consumer in nature, and there’s no purchase component.

How to Flip a House: Take the Advice of Hard Money Lenders Texas Investors Trust

If you want to make money buying and selling homes, the best way to do it is to purchase and fix up homes that need a little TLC. However, you need to keep in mind a few tips from hard money lenders, Texas investors, and other financial professionals to ensure that you choose a lucrative project that helps you earn a profit. 

If you turn on HGTV, shows like "Flip or Flop," and other home flipping shows make it appear that anyone with a brain and a large hammer can purchase, renovate, and sell a home for a profit. However, when you talk to the experts like hard money lenders, Texas realtors, and other real estate investors, it becomes apparent that there is more to making money on a fix and flip than those shows lead you to believe.

While a fix and flip property can be a great opportunity to make money, hard money lenders, Texas real estate agents, and fellow flippers want you to know the ins and outs of the fix and flip trade so you can maximize your profit and minimize your losses. Here are 3 tried and true tips to help you make money by rehabbing and selling a property.

1. Location, location, location. According to hard money lenders, Texas real estate experts, and other financial professionals, the location of your fix and flip cannot be stressed enough. most other issues can be fixed, but not the location. Choose a desirable area and your home will pretty much sell itself.

2. Don't over-improve. Make sure that you realize that you don't actually have to live in the property so you can make some compromises. Going with the most expensive upgrades usually means you will end up losing money.

3. Try to re-purpose rather than replace. If you can stain or paint the existing cabinets or move that hideous kitchen island to another location to become a built in desk, you will save money. The more you save, the smaller your chance of losing money.

Once you have decided on a fix and flip, it is time to choose a hard money lender, Texas realtor, and other real estate experts to purchase the home

A hard money lenders, Texas realtor, appraiser, and home inspector can work with you to make sure you get financing for a property and that it is a good value. You can also save time and ultimately money by making sure you don't overpay and that no hidden surprises come up during your renovation. 

Call our office at Level 4 Funding today to get started on your hard money loan for your Texas fix and flip property. Our experts can help you get the money you need, today!

Dennis Dahlberg Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel:  (623) 582-4444 
Texas Tel:      (512) 516-1177 
dennis@level4funding.com
www.Level4Funding.com

NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120 | Phoenix | AZ | 85027

111 Congress Ave |Austin | Texas | 78701

  

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 38 years. They have 2 beautiful daughters 4 amazing grandchildren. Dennis has been an Arizona resident for the past 32 years.

How to Work From Home With Hard Money Loans Texas!

If you want to be able to quit your day job, be your own boss, set your own hours, and work mostly from home, hard money loans Texas can be a great financial tool to make your dreams come true. By using hard money lenders Texas to make real estate investments, you can start on the path of financial independence and working for yourself!

During my career in real estate and mortgage lending, I have met many people who want to be able to quit their day job. Some crave independence, others want to make more money, and still others want to be able to set their own schedule. Whether you want to be able to work from home because it is convenient, because of family obligations, or simply because you would rather wear stretchy pants than a suit and tie most days, I am here to tell you that hard money loans Texas could be your ideal solution.

Hard money loans Texas are asset based loans given by Texas private money lenders or hard money lenders Texas. They are short term loans that are designed to be for real estate investments, usually fix and flips but they can also be used for short term commercial loans and even vacation rentals. In order to qualify for a hard money loan, all you really need is a solid investment plan. Hard money lenders Texas don't care too much about your FICO score, debt to income ratio, or really any personal financial details. We are in this with you to make money and as long as your investment idea is sound, we will help you get financing.

Once you have purchased a property, you can fix it up and sell it for a profit or whatever else your investment plan included. You pay off the hard money loan and the rest is yours to keep. The best thing about hard money loans Texas is that they give you the freedom to be your own boss. Sure, you do have to leave the house sometimes to meet with you lender, contractor, or realtor, but most of your research can be done at home, on your own terms. You even get to set the times for your meetings.

Best of all, hard money loans Texas can be very lucrative, giving you enough income to buy that boat, take that vacation, or put into savings. The sky is the limit with hard money lenders Texas!

Dennis Dahlberg
Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel:  (623) 582-4444 
Texas Tel:     (512) 516-1177 
dennis@level4funding.com
www.Level4Funding.com

NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoenix AZ 85027

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 38 years. They have 2 beautiful daughters 4 amazing grandchildren. Dennis has been an Arizona resident for the past 32 years.

Texas Hard Money Loans Are There When YOU Need Them!

Hard Money Loan Texas

If you are trying to renovate your home, but you don’t have the credit you need for a traditional bank loan, you can stop worrying. Texas hard money loans from a reputable private lender are all you need to start working on the home of your dreams right away.

If you’re curious, Texas hard money loans are the best thing out there right now for people hit hard by the economic downfall and who don’t have the credit score of their dreams, but definitely found the property they want to renovate.

Texas hard money loans are funded by Texas hard money lenders and are based on the merit of the property as an investment, not the credit of the borrower. This makes them ideal for anyone who may have bad credit due to the economic downturn or any other factors. 

You no longer need to give out your entire bank history. Now, without any credit, you can have money in your hand and you can start renovations on your home almost immediately.

Your Texas hard money lender believes that just because you had sour luck in the market, it doesn’t mean all your sweet dreams should be completely dashed. With a hard money Texas loan, you will see that you can still have everything that you wanted- and much faster than your traditional bank loan.

A Texas hard money loan is a convenient way to spruce up your house or property without the stress and agonizing that one has to do over a traditional loan from the bank where credit scores are checked and paperwork takes forever.

We know that you’ll be happy that as soon as you qualify for your Texas hard money loan, you are that much closer to becoming the owner of the property you always wanted.

Dennis Dahlberg
Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel:  (623) 582-4444 
Texas Tel:     (512) 516-1177 
dennis@level4funding.com
www.Level4Funding.com

NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoenix AZ 85027

Don't Be Afraid of a Texas Hard Money Loan!

Hard Money Loan Texas

If you are looking to rebuild your home, renovate your home, or flip your house, then you have come to the right place. It’s time to consider a  Texas hard money loan to get the funds for the project you thought you’d never get to do because of the economy and, ultimately, your credit score.

Your credit score doesn’t have to dictate what you do with your life. Why an Texas hard money loan, credit isn’t even a problem- it’s not even something that’s considered.

That might seem strange but Texas hard money lenders base your Texas hard money loan entirely on the value of the property you have and want to flip. It is not based off of the credit you may or may not currently have. The paper work is next to nothing and really, when you think about it, what this means is that a Texas hard money loan is just about the most simple loan you can get and the easiest. And everybody like simple and easy when it comes to loans.

However, remember that this is a loan and Texas hard money loans are more expensive than your traditional loan. That being said, these kind of loans are certainly more convenient and much quicker to close than a traditional bank loan that keeps you waiting around to see if you ever qualify, much less ever see the cash. That’s not the way it is with a Texas hard money loan.  With private money lenders Texas, just about as quickly as you are able to qualify and get your paperwork done, you can start working on your dream right away. That’s far less time than it would take for a traditional loan, you will have all the money you need from a hard money lender Texas.

Dennis Dahlberg
Broker/RI/CEO/MLO

Level 4 Funding LLC
Arizona Tel:  (623) 582-4444 
Texas Tel:     (512) 516-1177 
dennis@level4funding.com
www.Level4Funding.com

NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoenix AZ 85027