Traditional soft money loans are great. When you can get one. Banks are especially tight fisted
- Arizona Mortgage Broker, Arizona Home Loans
right now when it comes to giving money to those who want to use it for property. Banks are, as everyone knows, currently under a lot of scrutiny.
- Trust Deed Investing, Arizona mortgage broker
However, so are you. In order to even get in the door of the office of a loan officer at a bank you need an impeccable credit score and that’s a little difficult to acquire. It may not even really exist anymore. People have had such a difficult time lately because the economy has been rough. You may have already spoken to your Arizona mortgage broker about how hard it has been for you. They might have told you not to get a traditional loan, they might have told you that there is another way. That’s when a hard money loan would come in.
Your Arizona mortgage broker might say to you that you don’t need to worry about your credit because with a hard money loan you don’t need to even think about your credit. It shouldn't be a blip on your radar because you will have a private money lender happy to hand over the money with a lot less of a fuss than what it takes to get a traditional loan.
Your traditional loan is going to also take a lot longer to receive than your hard money loan, which will be quite fast and give you the amount of time you need. Not a shortened time frame like a traditional loan. Don’t fear the term ‘hard money loan’ because you will see that it could be the best thing that ever happened to you and the property you are trying to flip, purchase, or save. Remember to look into hard money loans.
Arizona Hard Money
Arizona Mortgage Broker
- Arizona Mortgage Broker
Broker/RI/CEO/MLOLevel 4 Funding LLC
Tel: (623) 582-4444 | Fax: (888) 279-6917www.Level4Funding.com
NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoenix AZ 85027
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