Hard Money Loans Arizona
Hard money loans are short-term, asset-based loans designed for real estate investors, fix-and-flip projects, and situations where traditional financing won't work. Hard money lenders focus on the property value, not your credit or income. Contact Todd Uzzell at 480-330-1724 for fast pre-qualification and expert guidance.
Why Choose Hard Money Loans Arizona?
Fast Closing (7-14 Days)
Hard money lenders close in as little as 7-14 days compared to 30-45 days for traditional loans. Speed is critical for competitive auction bids and time-sensitive deals.
Asset-Based Qualification
Approval based on property value and equity, not credit score or income. Perfect for investors with strong deals but weak personal financials.
Fix & Flip Friendly
Hard money lenders specialize in distressed properties, fixer-uppers, and renovation projects. No restrictions on property condition like traditional lenders.
Flexible Terms & Amounts
Loan amounts $50k-$2M+. Terms 6-24 months with interest-only payments. Can refinance or sell property before maturity. No prepayment penalties.
No Income Verification
Approval doesn't require tax returns or W-2s. Perfect for self-employed investors, business owners, or those with complex income structures.
Ready to Get Started?
Free pre-qualification in 24 hours. No obligation, no credit check needed.
Start Your ApplicationSchedule Free ConsultationFrequently Asked Questions
What is the typical interest rate for a hard money loan?
Hard money rates typically range 7%-12% depending on loan amount, LTV, property condition, and market. Higher than traditional loans but offset by speed and flexibility.
How much down payment do I need for a hard money loan?
Hard money lenders typically require 20-30% down (70-80% LTV). Amount depends on property condition and your investor experience.
Can I get a hard money loan for a primary residence?
No, hard money loans are for investors and distressed properties. For primary residences, FHA, conventional, or bank statement loans are better options.
How quickly can I close on a hard money loan?
Hard money lenders can close in 7-14 days. This speed advantage is critical for competitive auctions and time-sensitive real estate deals.
What happens after I complete the fix and flip?
Upon completion, refinance into traditional loan, cash-out refinance, or sell property for profit. Many investors plan to refinance once property is stabilized.
What documents do I need for a hard money loan?
Typically: purchase contract, proof of funds, credit report, business financials, property photos. Less documentation than traditional loans.
Can I get a hard money loan if I have bad credit?
Yes. Hard money lenders focus on property value, not credit score. Credit may not even be pulled. Perfect for investors with credit challenges.
Is there a prepayment penalty?
Most hard money lenders have no prepayment penalties. You can pay off the loan early or refinance without additional fees.
Can I get a hard money loan for an out-of-state property?
Yes. Hard money lenders work nationwide on investment properties. Popular for out-of-state fix-and-flip and rental property purchases.
How do I know if hard money is right for my deal?
Hard money works best for: fix-and-flips, distressed properties, time-sensitive purchases, or situations where traditional loans won't approve. Todd Uzzell evaluates your deal.
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About Todd Uzzell
Todd Uzzell (NMLS #1525192) is a licensed Arizona mortgage lender with Starboard Financial. Specializing in hard money loans arizona throughout Arizona.
Contact Todd:
Phone: 480-330-1724
Email: todd.uzzell@gmail.com