Google 5-Star Rated Direct Hard Money Lender
What We Offer
- Same Day Approvals
- Rates starting at 8.99% Interest
- Poor Credit OK
- No Debt to Income Requirements
- No Prepayment Penalties
- $20,000 to $10,000,000
- Residential, Commercial, Industrial
- 1st & 2nd Trust Deeds
- Up to 65% Loan to Value
- Up to 50% Combined Loan to Value
- Closings in 7-10 Days
What Is Hard Money?
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Recently Funded Arizona Transactions
“The staff at Source Capital has helped me create new income streams. They are consistent, direct and deliver every time.”
“As a lender myself, working with Source Capital shows that there are still a lot of good people in our industry, and we will definitely be in connection to do future business together. Job well done.”
“We were very pleased with the service we received from Source Capital. Communication was clear and responsive, funding was quick, and terms were as agreed and proposed.”
“Recently completed another flawless transaction with Source Capital. Why would anyone want to go anywhere else? They’re the best.”
“The team at Source are consummate professionals who work efficiently and effectively. Simply stated- truly exemplary and professional people”
“Source Capital has been an absolute pleasure to work with throughout. These guys are on top of their game”
“In all my years, I can confidently say they are the most professional, prompt, courteous, and efficient private lender I have ever worked with!”
“They were very responsive and extremely helpful and would certainly use them again. I highly recommend their services.”
“I have never dealt with a hard money lender before but I can tell you my experience with Source Capital was very positive. I highly recommend”
“I have always had a highly professional and honest experience with everyone on their team and would recommend to anyone looking for financing.”
“They are always so patient, helpful, and professional. and have helped me so much! This can be such a stressful process, but they make it all so easy.”
“Smooth and fast transaction as the loan was funded in 8 days. They are a pleasure to work with – Strongly Recommended.”
“Highly recommend Source Capital Funding if you need money fast and you value efficiency. I will go back to them again if I need funding in the future. “
Arizona Hard Money Lenders
Home to miles and miles of natural beauty in both urban and rural landscapes, Arizona is a bustling hub over 7 million Americans call home. As one of the fastest-growing states in the U.S., the Grand Canyon State is rapidly becoming one of the most exciting places to invest in real estate.
Source Capital has earned a glowing reputation as Arizona’s premier hard money lender, servicing ambitious entrepreneurs all across the state—from Flagstaff to South Tucson, and everywhere in between. We’re committed to helping our clients secure the financial capital they need for their real estate business endeavors.
Whether you’re interested in acquiring commercial buildings or starting a fix-and-flip business venture, our team of experts can guide you through the process and ensure you have the funding you need for your real estate vision.
From refinancing to purchase transactions, our clients can trust that they’re receiving the best hard money loans on the market. As your number one source for hard money loans in Arizona, we work diligently to ensure you receive the financing needed for your business aims.
Have a specific question in mind? Use the links below to find your answer:
- How are Arizona hard money loans structured?
- What kind of properties can Arizona hard money loans finance?
- What kind of clients does Source Capital work with?
- What benefits do hard money lenders offer?
- Arizona hard money laws
How are Arizona hard money loans structured?
There’s a reason why ambitious entrepreneurs have chosen Source Capital hard money loans time and time again. Our unbeatable terms and unique loan structures make us clear stand-outs from the competition.
Whether you’re looking for Flagstaff, Mesa, or Phoenix hard money loans, the exact terms of your loan will vary based on a number of differentials. You can expect the following structure for your hard money loan:
- Financing as little as $20,000 or as much as $5,000,000
- No minimum credit score
- No “junk” fees
- No prepayment penalties
- Loans up to 65% LTV
- Origination fees from 1.75%
- Fixed interest rates starting at 8.99%
With short-term agreements ranging between one to three years, you’re able to move onto the next business venture faster. Forget being tied down to a burdensome 10-year payment agreement a traditional lender would shackle you to. Hard money loans are about fast funding, fast closing, and reaping the benefits of both.
Forgo borrowing money from family members or friends, and skip the costly process of acquiring a business partner. Privately finance your professional endeavors with Source Capital and receive loans with reasonable rates in no time.
What kind of properties can Arizona hard money lenders finance?
Arizona hard money lenders offer financing for a variety of properties so long as they qualify as non-owner occupied business-related establishments. These eligible properties include:
- Industrial zones: distribution centers, warehouses, manufacturing factories
- Office spaces: businesses, executive suites, and medical offices
- Multi-family units: planned communities and complexes
- Hospitality centers: hotels, motels, bed and breakfasts, restaurants
- Apartments and condominiums
- Fix-and-flip properties: remodels, renovations, buy and holds
- Single-family, duplexes, triplexes, and quadruplex residences
Source Capital can offer up to $5 million in funding to ensure you have enough money to turn your real estate visions into manifested reality.
What kind of clients does Source Capital work with?
Source Capital has provided hundreds of real estate professionals, mortgage brokers, and borrowers with the capital they need for a bevy of real estate transactions through a streamlined lending process. Since our 2007 inception, we’ve worked with a wide array of Arizona-based businesspeople over a vast expanse of industry labels. These clients include:
- Real estate agents
- Self-employed workers
- Small-business investors
- Foreign nationals
- First-time buyers
- Entrepreneur teams
- Mortgage brokers
Our clients have utilized our direct hard money loans for a number of purposes. Whether you’re interested in beginning a fix and flip business, are making your first foray into commercial real estate, or hope to acquire a multi-family rental unit, Source Capital is your one-stop-shop for real estate financing offering reasonable terms.
What benefits do hard money lenders offer?
Choosing a career path in real estate is an exciting choice that more entrepreneurs are taking on today. The lucrative possibilities are endless for the smart investor and paired with a lending partner like Source Capital, the profit margins will amaze you.
Not only do we take after-repair value (ARV) into account, but we offer expedited processing to get the ball rolling on your real estate venture. Working with everyone from real estate agents and mortgage brokers to foreign nationals and entrepreneur teams, our clients choose us because of the many benefits of hard money loans.
These benefits include:
- A straightforward and streamlined application process
- Guaranteed quick turnaround times for approval status: typically notifying you of your status within 24 hours of loan submission.
- Quick funding and closing: typically wiring funds to your account within 7-10 days following loan approval
- Accepting limited-income and self-employed borrowers
- Fixed interest rates: the lowest beginning at only 8.99%
- Short-term agreements between 1 to 3 years
- Not requiring a minimum credit score
- Not requiring a minimum income
Source Capital has a track record of processing loans faster than the competition and to the highest standard of quality. Our team of seasoned professionals is committed to helping our clients navigate the hard money loan process, providing expert guidance every step of the way.
Arizona hard money laws
In Arizona, hard money lending laws are governed by the Arizona Department of Financial Institutions. Usury laws in Arizona allow a maximum interest rate of 10% on any loan. This cap is designed to protect borrowers from predatory lending. Although there is a loophole that states interest rates can be higher so long as both parties agree via written contract, Source Capital clients can enjoy interest rates as low at 8.99% on hard money loans.
Partner with Source Capital for your Arizona hard money loans
Source Capital’s Founding Partner, Sacha Ferrandi, grew up in Phoenix and graduated from Arizona State University, so we are more than familiar with the state of Arizona and the visionary minds living within it. From Flagstaff to Phoenix and the surrounding cities of Scottsdale, Glendale, and Tucson, Source Capital has funded hundreds of loans in Arizona. Purchase loans, refinancing, cash-out refinances, and everything else in between, we know what it takes to breathe life into your biggest real estate dreams.
Count on Source Capital for all of your Arizona hard money loans for commercial real estate and get started on your property business ventures today. Call us at 888.249.9827 for hard money loans in Arizona and get started on your real estate dreams today.
Areas We Serve
We lend throughout Arizona, California, and Minnesota. Please contact us to discuss your scenario and speak directly to a decision maker.