Texas Hard Money Lender

Friday, April 24, 2020

What kind of benefits does trust deed investing Arizona offer?

Benefits does trust deed investing Arizona offer?

If you are looking for an investment where you come out on top, then look no further than trust deed investing Arizona. With trust deed investing Arizona you are guaranteed a return on your investment, which is so much more than many other investments can say that aren’t deed of trust investing . Let’s look into the kinds of benefits you can look forward to with your deed of trust investing Arizona.

For one, as stated above, you do get your return back and then some so there is a little risk and a high return. Always a great thing to remember. Moreover, you are guaranteed a yield, which is something unexpected from an investment of any kind. Another great thing about trust deed investing Arizona is that this loan is secure. How do we know this about the trust deed investment Arizona? It’s because no matter what, there is an asset that you will get back whether it’s money or whether it’s the property you are investing in. Your safety is guaranteed.

Additionally, as we said, if there is a default from the borrower, you maintain all the usual and customary insurance policies. While the borrower will do all that they can to make sure the loan doesn’t default, these things do happen sometimes, so isn’t it nice to know that you are covered? That’s why trust deed investing can be so wonderful.

Moreover, trust deed investing San Diego is great for your portfolio, but it is also such a fantastic option for investors who wish to make returns, but are not interested in being active about seeking properties. Instead, you can hire companies to do this for you. You barely have to lift a finger if you want. Dive into trust deed investing Arizona today! It could be a wonderful thing!

Should I Invest in Trust Deed Investments Arizona?

There are some truly great things about trust deed investing Arizona that should be explored by those looking to expand their portfolios in a way that yields returns and can limit the amount of risk a person actually needs to take. Let’s look into the world of trust deed investing Arizona a little closer.

For one, with a trust deed investment Arizona there is such a low risk involved. You are guaranteed a yield, which is much more than you can say about a lot of investments you can make outside of trust deed investing Arizona. Moreover, the balance of yield versus security will have you thankful for finding such an investment, because the low risk means you have low blood pressure.

If you are interested in trust deed investing Arizona with low risk, then you should also consider looking into non performing notes Arizona. This sounds confusing, but these are actually going to make your trust deed investments Arizona that much better. With non performing notes Arizona you are able to buy a note for almost nothing and yield a terrific return on your investment. This is something that everyone likes to hear and something that you can do with non performing notes Arizona and your trust deed investment Arizona.

If the borrower does happen to default, don’t worry. You always get the power to property when it comes to a trust deed investment Arizona. That’s why there is little to no risk. No matter what happens -if the borrower defaults or if you get your money back- you have an asset to gain. There’s never anything to worry about when it comes to not getting your return when it comes to your trust deed investments san Diego.

If you are looking to invest, it is recommended that you really look trust deed investing San Diego because it could very well be the greatest kind of investment you ever did make for you, your wallet, and your portfolio.

Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC
Hard Money Lender
Hard Money Loans
Hard Money Loan
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
Dennis@level4funding.com
Dennis Dahlberg Broker/RI/CEO

NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701
About: 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 43 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.
© 2019 Level 4 Funding LLC. All Rights Reserved.

Thursday, April 23, 2020

Your Trust Deed Investing Arizona Process and What You Need to Know

Deed of trust investing Arizona is a financial venture that can scare people because it really does sound like a big deal, but in reality, it might just be the best thing you ever did for your portfolio! Let us assure you that we think deed of trust investing Arizona really is for you.

If you are thinking about trust deed investing Arizona then you have come to the right blog, we are happy to say. Your portfolio can be as diversified as you want it to be, but that doesn’t stop it from being a huge risk.

Stocks and bonds can be a scary way to invest your money because you never really know how the stock market will shake that day. Some days it can be good and some days it can be bad. Do you know when to sell? Do you hold on too long? Are the people in your rental properties driving you batty? That’s why trust deed investing Arizona might be perfect for you.

You can purchase non performing notes Arizona at a steep discount and ensure that you can choose to either rework your note or you can collect your assets. That’s the great thing about trust deed investing Arizona; you always have something to go home with be it money or new property.

As you can see, trust deed investing Arizona really is a great way to step up your game when you need to financially. All it takes is doing some research to make sure you have all your ducks in a row and finding a fantastic mortgage loan broker to help you have the best experience possible with you trust deed investing Arizona.

The Tips and Tricks of Trust Deed Investing Arizona

On this financial journey, you need to really do your homework because trust deed investing Arizona is one of the best things you can do for your financial portfolio, but it is tricky in nature and they can confuse people. We don’t want to confuse you! We want you to have the best possible experience when it comes to trust deed investing Arizona.

Have you started doing research for your deed of trust investing Arizona? We assume so because you are here. The patience and research required for trust deed investing is a lot, but we know it is worth it.

Moreover, the kind of deed of trust investing Arizona you want to do is the next thing you need to figure out. There are different kinds of notes you can buy when it comes to investing in trust deeds Arizona and we like to think the best ones are the higher priced performing notes or even the sub-performing notes, but instead the non performing notes Arizona because these look great in your portfolio but they are sold a great discount. That’s good news for you and for your account.

When you purchase non performing notes Arizona, you also get to decide if you want to hang on to the asset you just purchased or if you want to rework the note with the borrower. It’s all up to you and whatever processes you might want to take.

So now you can get on down to business! If you’re at this site, then this is a great beginning! It’s time to really think about the kind of deed of trust investing Arizona that you want to make. Whatever you choose, your portfolio will thank you. Get started with your deed of trust investing Arizona today and forget the stocks and bonds of yesterday.

Deed of Trust Investing Arizona is Great for Your Portfolio

Deed of trust investing Arizona is a great way to really up and diversify your portfolio.

While of course there are many ways to diversify your portfolio, such as with stocks and bonds or managing rental properties, trust deed investing Arizona offers something that these kinds of investments just don’t; a low-risk factor with some high returns. Trust deed investing Arizona is perfect for when you want to diversify your portfolio, but you don’t want to invest in something you may not ever see a return on.

The world of trust deed investing Arizona might be over whelming to someone who hasn’t engaged in the world before, but it’s relatively easy to figure it out and make the most of your money.

For example, there are a few different notes you can purchase; performing notes and sub-performing notes, but perhaps the best kind of notes you can get right now are non performing notes Arizona because with those, you really get the most for your money.

Get excited about a great discount on a note that allows you to rework or simply collect your assets since the promissory note and the deed will be in your name. Remember when you are working with trust deed investing Arizona that the deed and the notes will always be in your name. That shouldn’t even be a question. This is why we say that trust deed investing Arizona is such a low-risk with a high return; because one way or another, you do well!

Get in touch with a mortgage loan broker and make your way into the world of trust deed investing Arizona today. It may just be the best thing you do for you, your bank account, and your portfolio today.

You might be wondering what exactly a Trust Deed Investment Arizona is

A Trust Deed Investment Arizona is really another phrase for security when it comes to securing a Promissory Note. Investing in trust deeds makes you the bank; you supply the funds for the loan and the promissory note as well as the Deed of Trust Arizona are in your name personally.

Trust Deed Investing Arizona has many advantages that you can get from an experience like this. First and foremost, Investing in Trust Deeds Arizona means that you get an in-depth and up-close look at the way you are investing and that means that you and only you control the level of risk you are willing to take as well as the reward that you want. That means that you get to invest in things that mean something to you, and you get to be more active when it comes to your investing in trust deeds Arizona. That means that you get safety and security of all your assets and your collateral; it means that you make the trust deed investment Arizona that is right for you.

Deed of trust investing is fee-less for you as fees are received from the borrower, not from the investor, so there’s no trouble there.

If you are looking for a good way to make some money and make a difference to a project you feel close to, then deed of trust investing Arizona is definitely something you should begin to look into.

Don’t hesitate to make the move into trust deed investing Arizona. When Investing in trust deeds Arizona is done correctly, the trust deed investment Arizona creates a great low risk investment that can deliver a regular return to you. And that’s good news for any one at any time. Consider making your trust deed investment Arizona today.

Where to Begin with Trust Deed Investing

Congratulations! If you are here it means that you are looking seriously into trust deed investing Arizona and you’re ready to get it started. That’s great news.

You might be a little worried about this trust deed investing Arizona endeavor, but don’t be. Even though trust deed investing Arizona can seem confusing at first, it really is simple as long as you do your homework.

As you know by now, trust deed investing Arizona is a great way to really perk up your portfolio. Everyone likes a diverse portfolio and one of the best ways to do that is to get into the business of trust deed investing Arizona.

Non performing notes Arizona can be purchased at a steep, steep discount and that means that your portfolio gets the diversity you want and the diversity it needs without having to strain your budget. All you need to do is decide if you want to rework the note to keep on the borrower or if you want to collect your asset. Either way, the notes and the deeds are in your name, so you get to make the choice. Easy, right?

There are other kinds of notes available as well such as performing notes and sub-performing notes, but non performing notes Arizona are the cheapest you can get and we love a deal.

There might be a ton of information about deed of trust investing Arizona out there, but don’t let this overwhelm you. You can take it slow and figure it out from there. Plus, you will have a mortgage loan broker who is willing to help you every step of the way.

Don’t let this opportunity fall through the cracks of your portfolio. It’s time you look into deed of trust investing Arizona today.

About Investing in Trust Deeds Arizona

If you are beginning a financial journey by investing in trust deeds Arizona, it is important to really understand the process of what you’re getting into. Always do as much research as possible to ensure that you have everything you need to get the best trust deed investing Arizona experience. We know this is definitely a process and research can be tedious, but we also know that it is completely worth it for you and your portfolio!

Time to start researching your trust deed investing Arizona process. You really should have a good idea of what’s going on to make sure that you have the smoothest experience possible. For example, do you understand the term, “promissory note?” and do you know how you should obtain one? Time to get cracking!

The best kind of note you can get for your money is most definitely the non performing notes Arizona. These are notes that may no longer be making money, but they are cheap and you get to decide if you want to rework the note or if you want to collect the asset since it will be in your name as the deeds and the notes are always in your name.

You also have to remember that you will have a mortgage loan broker to help you along, these are still definitely the kind of things you should know, too, so that your trust deed investing Arizona goes smoothly and as quickly as possible. While you do have a mortgage loan broker to help you with trust deed investing Arizona, you should be able to help things along by working as a partner with them, instead of letting them lead you.

In turn, make sure you keep your papers and documents in order for your mortgage loan broker as they help you with your trust deed investing Arizona.

Venture into Trust Deed Investing Arizona the Smart Way

So you have decided to begin figuring out how to get deed of trust investing Arizona. There is a lot to take in and it might confuse you, so let us help you through the beginning steps. It really isn’t as scary as it might look, but it is important that you read through the following.

One thing to know is that your mortgage loan broker is absolutely going to be your best friend during this entire trust deed investing Arizona process. You are going to want to make sure that the mortgage loan broker you are using is trustworthy, experienced, and ready to review your information to get you the best deed of trust investing Arizona deal possible. In turn, have all your property papers ready. It’s extremely important to have all your property papers that you need to they can be presented when needed. Plus, the property evaluations are needed to secure your trust deed investing Arizona.

We get that this trust deed investing Arizona process is tricky, but we also know that it is really worth it. The more you are able to grasp in the trust deed investing Arizona world, the easier it will be to get your investment done efficiently. We believe that being able to fully understand how the trust deed investing Arizona process works will greatly help you procure the best investment for you. Keep these things in mind as you begin your trust deed investing Arizona with your mortgage loan broker.

Make sure to ask your mortgage loan broker about the opportunity to purchase some non performing notes Arizona which are always cheaper than performing or sub performing notes but they offer the same benefits. You get to decide if you would like to rework the notes or simply collect the asset since your name is the on the deed and the notes.

Your Intro to Trust Deed Investing Arizona

If you are ready to begin talking to a mortgage loan broker about trust deed investing Arizona, then it is time to read this article. You can’t let the idea of investing in trust deeds Arizona overwhelm you because this is something that is going to be terrific for you in the long run. But, if you are nervous, we have some great tips for helping you manage your trust deed investing Arizona along with your mortgage loan broker. Let us help you!

Investing in trust deeds Arizona is a great way to really make a diverse portfolio something everyone is jealous of. There are tons of ways to get a diverse portfolio, but investing in trust deeds Arizona ensures that you are getting what you pay for. Sure you can invest in stocks, but you never know how those will turn out and dealing with renters in a rental property can make you want to pull your hair out.

Getting your name on a note and a deed and knowing you have some tangible assets is probably the best way to invest because you know with a trust deed investment Arizona that you have something to hold on to even if payments to you aren’t being made. It’s low risk and high reward and we like the sound of that. The decision is up to you and there’s no wrong answer. It’s all just about what you want to do with your money and your time.

Keeping these facts in mind, as well as your documents in order, is definitely going to help you get the best trust deed investing Arizona experience possible. Do yourself a favor and get yourself some trust deed investments Arizona in your portfolio this year.

Are you interested in Trust Deeds Investing?

Are you interested in Investing in Trust Deeds?

You may have heard people recently talking about trust deed investing Arizona and wondered what that was. In short, Real Estate Trust Deed Investing is a serious kind of investment for a person who is interested in making money. Investing in trust deeds Arizona isn’t a light business. It’s only for people who are determined to increase their income. Don’t get left behind in the dust. Trust deed investing Arizona could absolutely be the right kind of investment for you. Be sure not to overlook this fantastic opportunity. It could be the right one for you.

Often times, one of the things overlooked by someone who is doing some trust deed investing Arizona is making sure they have a great mortgage loan broker. You should know up front that having a mortgage loan broker who can work in tandem with you is very important and helps to ensure that your Real Estate Trust Deed Investing goes the way you want it to go. Making sure you really do your research. Nothing is worse than losing faith in your mortgage loan broker in the middle of investing in trust deeds Arizona.

Remember, too, the kind of trust deed investments Arizona that you can make. For example, non performing notes Arizona are a great investment to make because these notes are sold at a discount, meaning that you can make money while still spending very little of it. Moreover, the returns on non performing notes Arizona are very high and enough to make anyone happy.

Keep in mind that investing in trust deeds Arizona can be one of the best things you ever do for yourself and your portfolio. Investing in trust deeds Arizona often results in a great payoff and fantastic benefits. Spread around your interests and get interested in investing in trust deeds Arizona.

Is trust Deed Investing Right for me?

Trust Deed Investing Arizona can be right for anyone looking for a great investment opportunity. The greatest thing about trust deed investing Arizona is that the process is safe. Trust deed investing Arizona is a fantastic way to actually yield money and has some wonderful benefits, such as the safety of the trust deed investment Arizona.

Investing in trust deeds Arizona means you have some things to look forward to such as great returns per the risk, fully secured loans that are backed by actual assets, and other kinds of advantages you’ll get to see when you finally make the move into trust deed investing Arizona. However, don’t forget to do your homework. Jumping into a trust deed investment Arizona can be scary, and you’ll feel better if you understand what’s going on.

The reason why Real Estate Trust Deed Investing is so popular is that trust deed investing Arizona does happen to offer a really great balance of yield versus security that you just don’t normally see. This is so because the loan amounts and their interest are actually dependent upon the value of the property, which makes a world of difference and can make the investor feel a lot better. In the event that there is a default –though we all hope there won’t be- the investor gets possession of the property and can actually sell the property in order to still get their money back. You absolutely cannot lose with trust deed investing Arizona.

Trust deed investment Arizona can be a scary thing to think about, but it could actually be the best thing that you get to do for your investment portfolio. Don’t hesitate to become a Real Estate Trust Deed Investing believer today. It will make you very happy in the future. Get going on your trust deed investment Arizona today!

Wednesday, April 15, 2020

How to Spot the Differences in Arizona Construction Loan Options Today

There are many Arizona Construction Loan options on the market today. Knowing key differences makes it easier to get approved and find the right financing for your needs.

Sometimes called a construction-to-perm or a C-to-P, an Arizona Construction Loan gives a borrower the financing her or she needs for an extensive project. More often than not, it references building a structure from scratch, but it can also relate to performing extensive renovations on an existing property. Although C-to-Ps can be leveraged by homeowners who are tackling their own projects, they’re mostly leveraged by builders and developers who need a cash injection to get a project started and then plan to pay off what they’ve borrowed when a buyer takes interest in the property and then secures his or her own financing.

Banks often shy away from financing these types of projects because they can’t turn around and sell the property quickly if the borrower doesn’t make good on payments, and they aren’t in the business of holding. That means many people who need funding will have to look outside banks to get it, and each lender will have its own criteria as well as different packages available,

That said, these financial products vary in structure and the monthly payments will vary greatly from one to the next as well. It’s also important to note that, even when financing is used for rehab or renovation purposes, it works differently than financing specifically created for those purposes. Let’s take a look.

Consider the Structure Options Before You Apply

Most investors going for an Arizona Construction Loan will be looking for a short-term option with two closings. This involves drawing funds as needed, with the principal balance increasing over the months financing is active. The borrower typically pays interest-only payments for the duration. A second loan process and closing occurs when construction is complete, providing long-term financing for the property. The second closing is usually handled buy a buyer, but it can also be handled by a builder or investor who wants to hold the property. As an alternative to this, a single-close option is sometimes available. However, it typically only applies when the individual securing the financing plans to hold the property for an extended period of time. In these cases, cash can still be pulled as needed during the build and interest-only payments are made. However, once construction is complete, the loan is automatically modified to fully amortized payments.

A renovation or rehab loan might also be right for you.

An Arizona Construction Loan is often ideal even if a project isn’t starting from scratch, simply because there aren’t typically rules about how much of the funds need to go directly to improvement. There may also be differences in where the funds are held—an interest-bearing account versus drawing from the loan—and in when mortgage insurance is necessary. If you’re not sure which one is best for your circumstances, connect with a broker who specializes in both and can help you find the best structure and financing for your needs.

Orchard Funding 11333 N Scottsdale Rd #293, Scottsdale, AZ 85254 (602) 252-1500

Hard Money Lenders Phoenix Arizona 40 N Central Ave #1400, Phoenix, AZ 85004 (480) 999-6183

SFG of Arizona, LLC 7272 E Indian School Rd #540, Scottsdale, AZ 85251 (480) 455-5047

Capital Fund 1 14555 N Scottsdale Rd Ste 200, Scottsdale, AZ 85254 (480) 889-6100

Prime Plus Mortgages - Phoenix Hard Money Loans 7137 E Rancho Vista Dr b05, Scottsdale, AZ 85251 (480) 788-357

Brad Loans by eMortgage Inc. 6011, 7522 E McDonald Dr C, Scottsdale, AZ 85250 (480) 948-0880

Geoff Ball | Hard Money Loans 3003 N 73rd St, Scottsdale, AZ 85251 (480) 808-8687

Hilton Financial Corporation 11024 N 28th Dr #170, Phoenix, AZ 85029 (602) 375-8951

LM2 Investment Group 9160 E Bahia Dr #105, Scottsdale, AZ 85260 (480) 444-2242

Setabay Loan Trust Deed Investing - Private Lender 23335 N 18th Dr #120, Phoenix, AZ 85027 (623) 869-6854

Kenwood Mortgage Investments 7950 E Redfield Rd # 110, Scottsdale, AZ 85260 (480) 783-8800

Hard Money Loan Services 916 E Baseline Rd #106, Mesa, AZ 85204 (480) 820-5070

Arizona Private Lender Association – APLA 11811 N Tatum Blvd #4020, Phoenix, AZ 85028 (520) 269-6585

A&A Funding Corporation 10031 E Dynamite Blvd Suite 230, Scottsdale, AZ 85262 (602) 494-8980

Capital Market Funds 8442 E Chaparral Rd, Scottsdale, AZ 85252 (480) 351-4472

Hard Money, LLC -- Hard Money for Arizona bruc.robinson@gmail.com, Gold Canyon, AZ 85118 (559) 967-5582

Clear Mortgage 9399 South Priest Drive

xmantothemoonisgoing good today at all

Tuesday, April 14, 2020

How to Get Arizona Land Loans for Off-The-Grid Housing

Let’s be realistic, the zombie apocalypse isn’t coming. But, if you’re trying to cash in on the latest trend toward off-the-grid housing, you’ll still have to look outside the banks to get your Arizona Land Loan.

While it was once the “in thing” over fears of Y2K, governmental strife, and hoards of zombies, there’s no longer stigma attached to living off the grid. People are coming to realize that doing so lets you have a greener life with a reduced or neutral carbon footprint, build self-reliance and resilience, and can often provide people with an unmatched sense of freedom. There are logical and mainstream reasons for opting to go off the grid, and as such, demand for housing options has skyrocketed.

Research presented in Forbes shows that half of all new electricity connections will be off the grid by 2030. It’s a big arena for investors too, with more than $352 million being poured into off-grid solar in the last year alone—a 20% increase year-on-year. Yet, availability of off-grid homes remains a problem. People who want to live the lifestyle find few move-in ready options, leaving prefab homes as the only viable option for those who don’t have the engineering backgrounds to design their own.

As it stands now, energy efficiency is the big thing with homebuyers. A national study performed just a few years back confirmed it’s the number-one concern for homebuyers. No doubt, the desire for better off-grid options has only increased in recent years due to the prevalence of national disasters, such as fires and hurricanes, that have ravaged the country and left people without the essentials of life. Data shows Millennials are leading the change, but as Gen Z begins purchasing their first homes, the shift toward eco-conscious practices will be even more pronounced. Those who get their Arizona Land Loans now and start building will be ahead of the curve and well-poised to cash in on the trend.

One of the Biggest Pitfalls of Going Off the Grid is Financing

While it may seem obvious, living off the grid means you’re not tapping into outside sources. That means no external power, water, sewer, or gas. It’s a real problem for banks because that means the property is “unimproved.” They’re not really geared toward Arizona Land Loans to begin with because raw land doesn’t suit their target consumer, but when the added complexity of no connections is added in, the deal’s just too risky. They don’t anticipate being able to resell the property if things go bad—not without costly improvements—and making those improvements is simply not the business they’re in.

Alternative lending can make your dreams come true.

Big banks have a certain structure or way things are done that they don’t deviate from. They insist on conformity and there’s lots of red tape when things don’t fit into their tidy little box. However, hard money lenders don’t operate the same. Most of the time, these are everyday individuals who simply want to make a solid investment. The decision whether to extend Arizona Land Loans is entirely a personal decision, and yes, many believe in the importance of going green or are, at the very least, willing to explore it as a viable investment vehicle. How do you find one of these folks? Connect with a broker who specializes in hard money and knows lots of lenders and can match you with the right one for your project.

Orchard Funding 11333 N Scottsdale Rd #293, Scottsdale, AZ 85254 (602) 252-1500

Hard Money Lenders Phoenix Arizona 40 N Central Ave #1400, Phoenix, AZ 85004 (480) 999-6183

SFG of Arizona, LLC 7272 E Indian School Rd #540, Scottsdale, AZ 85251 (480) 455-5047

Capital Fund 1 14555 N Scottsdale Rd Ste 200, Scottsdale, AZ 85254 (480) 889-6100

Prime Plus Mortgages - Phoenix Hard Money Loans 7137 E Rancho Vista Dr b05, Scottsdale, AZ 85251 (480) 788-357

Brad Loans by eMortgage Inc. 6011, 7522 E McDonald Dr C, Scottsdale, AZ 85250 (480) 948-0880

Geoff Ball | Hard Money Loans 3003 N 73rd St, Scottsdale, AZ 85251 (480) 808-8687

Hilton Financial Corporation 11024 N 28th Dr #170, Phoenix, AZ 85029 (602) 375-8951

LM2 Investment Group 9160 E Bahia Dr #105, Scottsdale, AZ 85260 (480) 444-2242

Setabay Loan Trust Deed Investing - Private Lender 23335 N 18th Dr #120, Phoenix, AZ 85027 (623) 869-6854

Kenwood Mortgage Investments 7950 E Redfield Rd # 110, Scottsdale, AZ 85260 (480) 783-8800

Hard Money Loan Services 916 E Baseline Rd #106, Mesa, AZ 85204 (480) 820-5070

Arizona Private Lender Association – APLA 11811 N Tatum Blvd #4020, Phoenix, AZ 85028 (520) 269-6585

A&A Funding Corporation 10031 E Dynamite Blvd Suite 230, Scottsdale, AZ 85262 (602) 494-8980

Capital Market Funds 8442 E Chaparral Rd, Scottsdale, AZ 85252 (480) 351-4472

Hard Money, LLC -- Hard Money for Arizona bruc.robinson@gmail.com, Gold Canyon, AZ 85118 (559) 967-5582

Clear Mortgage 9399 South Priest Drive

xmantothemoonisgoing good today at all

Why Your Rotten Credit is Killing Your Arizona Land Loan Prospects (And What You Can Do About It)

Getting an Arizona Land Loan is next to impossible if you’ve got rotten credit. However, you can still grab your slice of heaven with the right products and prep.

Whether you’ve just come across a piece of land that looks like it’ll be a great investment or you’re weighing the benefits of purchasing raw land to build your dream home, one of the most pressing matters will be how to pay for it. Those with great credit have challenges as it is, especially if the plot isn’t tapped into the grid. For those with rotten credit, making that purchase is often nothing more than a pipe dream. What gives?

Banks think Arizona Land Loan packages are too risky. The reality is, if push comes to shove, you’re going to protect the home you live in as your priority. That’s human nature and the banks know it. The exception is when it’s an investment that’s actively generating cash, but that’s rarely the case for unimproved earth. That in mind, lenders try to make sure you’re never going to have to be in a position to choose whether to keep up with your payments or not, and they do that by looking into your history.

They will dig deep. They’ll check your credit score to make sure you’ve got a good history of paying. They’ll examine your existing debts to ensure you’re not stretched too thin. They’ll look into your cashflow to ensure it’s steady and strong enough to cover the balance for the foreseeable future. And, they’ll find out if you have reserves you can tap into in order to keep paying if things go south. It’s a frustrating process, but they have to minimize their risk, or they’d go bust.

Take Steps to Increase Your Future Eligibility

If rotten credit is impacting your ability to get an Arizona Land Loan, you can take steps to minimize their risk, thereby making yourself a more appealing borrower. Make sure you’re paying all your bills on time every time without fail to improve your credit score. Come up with a personal budget that gets your debts paid off quicker. There are two issues that can hurt your credit here; debt-to-income ratio (DTI) and credit utilization. Experts say up to a 43% DTI will still allow you to qualify for a mortgage, but lenders look for a 36% or less. The catch: this isn’t a traditional mortgage. You’ll need to do better. The same is true of credit utilization. While 30% may be standard for other types of loans, you’re going to have to do better to get specialized financing. With debts paid down, you’ll need to work on establishing reserves. All things considered; it can take years to put yourself in a position to qualify.

Get help through alternative lending now.

The good news is, banks aren’t the only ones who can provide you with an Arizona Land Loan, and having rotten credit is not a barrier to getting funding with certain options. Hard money is one such option which relies more on having a good business plan and solid loan-to-value (LTV) than credit. If it sounds like this is the best option for you, touch base with a broker who specializes in hard money lending who can walk you through the process and get you the best possible rates.