Private Hard Money Loans


Fix and Flip
Rental Property
Cash out Financing
Occupied Borrowers


Get Your New Home and Move Up Today
Rates from 5.99*


Get the Home for You and Your Family.
Provide a Safe and Secure Place to Live.
Don’t Be a Renter – Be a Home Owner.

NO Problem Bankruptcy, Poor Credit, Self Employed

Simple to Apply - Quick Application - Quick Closing
No Up Front Fees
No Cost to Apply

If You Are Not Using AppleWood Funding
You're Paying Too Much!

You Will Get the Lowest Rates GUARANTEED
Just Fill Out the Quick Form to Get Started --------->

Just Funded Hard Money Loans


Getting Started

No More Begging

No Jumping Through Hoops

No Tax Returns

No Pay Stubs

No Credit Required

No Up Front Fees or Junk Fees

No Cost to Ask Us


Hard Money Rates and Terms

Flexible Terms From 3 to 60 Months

Fixed Rate From 5.99% APR*

Up to 90% As-Is Value, 100% of Rehab Costs

Construction Loans

Fix&Fip Loans

AirBnB Loans

Rental Property Loans

 

News and Information

June 18, 2021

How to Rig Your Credit & Why Arizona Hard Money Lenders Don’t Care

Experian is rolling out a new program that could let you rig your way to a better credit score. It won’t likely impact your ability to […]
June 18, 2021

Commercial Hard Money Lenders—are they the answer to your funding problems?

If you are looking to fund your latest real estate venture—or even your first one—you may want to look at these lenders who work outside the […]
June 18, 2021

DO YOU WANT TO BE RICH?

Think about the various ways you can make money. Then, think about how long it will take you to actually make that money. The one way […]
June 16, 2021

ARIZONA HARD MONEY LENDERS

What is an Arizona hard money lender? When would you need to use an Arizona hard money lender? I’m sure you have heard the term, but […]
June 16, 2021

What are Arizona Private Money Lenders?

Most borrowers are not aware that Arizona Private Money Lenders are an option when seeking financing. Learning more about these lenders will provide borrowers with great […]
June 16, 2021

Quick Money: Arizona Hard Money Loans Helps Investors Secure the Property That They Need, Fast!

Get your real estate investment up and running with Arizona Hard Money Loans. For many individuals who find themselves in the real estate business, money is […]

WHAT IS PRIVATE MONEY LENDING?

Private money lending in Arizona is when a private individual or organization lends money to a company or individual. This type of lending does not adhere to traditional qualifying guidelines, as banks must do.

Everyone is familiar with what a mortgage is—when a bank lends money to purchase a property or for renovations of a property. But, where does an individual go when a traditional mortgage won’t work for them? Many times borrowers are denied a conventional loan because of their credit worthiness or income. Other times the borrower may not have the time to wait, sometimes months, for approval from the bank.

WHY USE PRIVATE MONEY LENDING?

Because these loans are funded by private investors versus traditional banks-they are referred to as ‘private money loans.’ The loans are based almost exclusively on the value of the property instead of the borrower’s credit worthiness or financial history. The loan amount is determined by the loan-to-value ratio (LTV). There are many reason when a private money loan is the better alternative.

  • You don’t have enough private financing from friends and family.
  • Your credit score is not high enough and your financial history doesn’t meet traditional lender requirements.
  • You have a property investment opportunity and don’t have the time to go through the lengthy bank loan process.
  • You want to fix and flip and need quick access to funding.

Although Private money lending in Arizona does not have the

strict guidelines as traditional lenders, there are still requirements.

Private money lenders are concerned with the value of the property that will serve as the collateral more than your credit. However, individual terms will depend on the lender you work with and your unique situation. Most private money lenders only work in certain geographic areas—so, look for a local lender.  Your interest rate will depend on your experience. As you gain experience, your lender may offer lower rates—find a lender you like and stick with them. Property type makes a difference, as well— is this a condo, duplex, single family residence).  And, your business plan—along with a scope of work and insurance information— will add into the equation of your terms. As with traditional banks, private money lenders do have an underwriting process. Fortunately, this process is much faster than a traditional bank’s underwriting process. It doesn’t take long to be approved and receive your funds due to the speed of the underwriting process. After pre-approval the private money lender will order an appraisal of the property. As long as the property meets lender criteria the money will be dispersed for the property. Private money lending in Arizona is quick and helpful. It is beneficial for borrowers to work with either a local lender or a lender that is familiar and comfortable with the geographic area you are looking to purchase your property. Private money lenders build on relationship—the more you work with your lender, the more money you will both make.