Learn To Be A Fix and Flip Investor: Get an Arizona Bridge Loan When the Bank Says No for a Loan

Monday, March 18, 2019

Get an Arizona Bridge Loan When the Bank Says No for a Loan

If the bank has denied you for a loan, you can still get an Arizona Bridge Loan. Learn all about it here.

Banks are notorious for denying people loans. Their qualifications for loans are just too high. They want really good credit scores, almost just as much money needed in the bank, and decent incomes. People who need a loan often don’t have that criteria, so that doesn’t help them at all.

The good news is that people who don’t get approved for a bank loan can turn to Private Money Lenders in Dallas Texas. These lenders are not part of banks or financial institutions. They are simply private lenders who have money to loan to people who need it.

About Private Money Lenders in Dallas Texas and Arizona Bridge Loans

Private Money Lenders in Dallas Texas offer Arizona Bridge Loans because they want to give people the money they need when they need it. They do not look at credit scores. They don’t care how much income you have, or the amount you have in the bank.

People just need property with equity to secure an Arizona Bridge Loan.

Yes, it’s true. You just need have a piece of property that has equity to get a loan.

The loan is usually a short term one. This means 12 months. There are some Texas Hard Money Lenders who will extend the term to two years or up to 5 years, but it really depends on who you go through.

The great news is that with these loans, you don’t need to deal with a lot of paperwork. You also don’t need to worry about waiting weeks for the money.

These loans can be approved within hours or a day. The money can be deposited in just a couple of days.

An Arizona Bridge Loan purpose is to do exactly what the name implies - bridge the gap of having no money. When you bridge that gap, you can help yourself get out of financial troubles to pay back the loan and start doing better.

You can use the loan for anything you would like. Some people will use it to buy rental property, so they can start making a lot of money. Others will use it to grow their business by buying a new location or a bigger one. How you use it is up to you.

If you’re ready to get a loan that isn’t part of a bank that will just deny you, contact us. We are a private money hard money lender. We have these loans available for you.

Contact a Texas Hard Money Lender

All you need to do to get an Arizona Bridge Loan is to contact a Texas Hard Money Lender. This lender will ask you some questions, and in just a few hours, you may receive word of the approval.

If you have any questions, you can ask them during the interview. Don’t worry - they have heard all of these questions before and will answer them fully, so you understand how the loan works.

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

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 43 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.