Google 5-Star Rated Direct Hard Money Lender
Phoenix Hard Money Loans
Direct hard money lenders in Phoenix for fast, reliable funding.
- Direct Private Lender
- Loans ranging from $100K-$5M
- Quick Approvals. Fast Funding
What is a Phoenix Hard Money Loan?
A hard money loan in Phoenix is a short-term financing solution secured by real estate as collateral. Unlike banks, hard money loans help real estate owners and purchasers quickly get the capital they need in just days
- No minimum credit score requirements
- Past bankruptcy and foreclosure
- No minimum financial reserves or employment required
- Individuals, Small Business, Corporations. LLC
Why Hard Money?
Terms
Up to 65% LTV and loan amounts from $100,000 to $5,000,000.
Speed
Direct access to capital for fast funding.
Requirements
No minimum credit scores or income requirements.
Benefits
No appraisal fees, prepayment penalties or “junk fees”.
How to Qualify for a Hard Money Loan in Phoenix?
A hard money loan in Phoenix is a short-term, real estate-backed financing solution that prioritizes property value over traditional income or credit qualifications. These loans are commonly used by investors and property owners who need fast access to capital in competitive Phoenix and greater Arizona real estate markets.
Phoenix hard money loans are typically structured around asset strength, allowing for faster approvals and more flexible underwriting than conventional financing. They are often used for fix-and-flip projects, rental acquisitions, and time-sensitive purchases.
To qualify for hard money loans in Phoenix, borrowers generally need:
- Adequate equity in the property or a strong down payment
- A clear exit strategy, such as resale or refinance
- Property located in the Phoenix metro area with viable market value
- Basic documentation tied to the asset and transaction
- Corporations, LLCS, and foreign nationals may qualify
Phoenix Loan Programs
Hard Money Loans
Get short-term, asset-based hard money loans across Colorado, designed for real estate investors statewide.
Bridge Loans
Use your existing equity and a bridge loan in Colorado to fund a real estate sale and purchase.
Private Money Loans
Get fast approval for your real estate with a private money loan in Colorado
Real Estate Loans
Use a real estate loan for purchasing, improving, or refinancing investment properties.
DSCR Loans
Get speedy funding for long-term rental properties with a DSCR loan.
Owner-Occupied Loans
Get flexible owner-occupied loans in Phoenix for primary home purchases and refinances with streamlined underwriting and faster approvals than traditional lenders.
What Phoenix Borrowers Say About Us
How It Works
1
Apply Online
It takes minutes to complete our online application to get prequalified for a loan.
2
Get Approval
After underwriting your loan, we will provide you a written Loan Commitment providing loan terms for approval.
3
Loan Funded
In a matter of days, not weeks like most lenders, the loan is funded through escrow and funds wired to you directly.
4
Pay Monthly
You make monthly payments via mail, phone or direct deposit. It’s that easy.
Why Choose Source Capital
Diverse Financing Solutions
We provide flexible financing solutions in Phoenix for real estate investors, developers, and business owners, including hard money loans in Phoenix, bridge financing, DSCR loans, and commercial lending options.
Competitive Rates
We offer competitive interest rates between 8.99% to 11.99% for real estate loans across Phoenix.
Proven Success
We’re an A+ Accredited Business committed to ethical practices and efficient funding.
Strong Brand Recognition
We’re a renowned private money lender in Phoenix with prominent features in Business Insider, MSN, and Realtor.
Deal Directly with the Lender.
Phoenix Loan Rates
|
Interest Rates |
8.99% – 11.99% (1st Position)
11.99% – 13.99% (2nd Position) |
|
Loan Amounts |
$100,000 – $5,000,000 |
|
Loan Duration |
12-24 months |
|
Closing Timeframe |
10 business days or less |
|
LTV ratios |
Up to 65% LTV (1st Position)
Up to 50% LTV (2nd Position) |
|
Prepayment Penalty |
None |
|
Appraisal Fee |
None |
|
Credit Score |
No minimum |
|
Property Types |
SFR, multifamily,commercial, industrial, office, retail, and mixed-use. |
|
Origination Fee details |
Starting from 2.0% of loan amount (varies by size & term length) |
Phoenix services area
- Aspen,
- Phoenix Springs
- Denver Vail
- Boulder
- Aurora
As Featured In
Testimonials
“Smooth and fast transaction as the loan was funded in 8 days. They are a pleasure to work with – Strongly Recommended.”
Borna Eftekari
- Agent, Farmers Insurance
“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.”
Lauren Marcus
- Client
“I have always had a highly professional and honest experience with everyone on their team and would recommend to anyone looking for financing.”
Andrew Bellah
- Owner, The Bellah Group
“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.”
Kendall Heath
- Client
“They were very responsive and extremely helpful and would certainly use them again. I highly recommend their services.”
Alvin Fuchs
- Agent, Keller Williams Realty
“In all my years, I can confidently say they are the most professional, prompt, courteous, and efficient private lender I have ever worked with!”
Greg Shields
- Owner, GSI Appraisals
“Source Capital has been an absolute pleasure to work with throughout. These guys are on top of their game.”
Tyler Hanson
- Associate Broker, Cushman & Wakefield
“The team at Source are consummate professionals who work efficiently and effectively. Simply stated- truly exemplary and professional people”
Paul Elam
- Owner, San Diego’s Real Estate
“The team at Source Capital Funding was fantastic. Their professionalism, speed and solid loan terms is why I will be coming back to close more business with them.”
Sergio Abbud
- Senior Loan Officer, Better Rate Mortgage
“Recently completed another flawless transaction with Source Capital. Why would anyone want to go anywhere else? They’re the best.”
Marianne Bordogna
- Agent, Keller Williams Realty
Loans Funded
0
Total Amount Funded
$
550000000
.00
Recently Funded Transactions
$2,200,000
Hard Money Loan Resources for Phoenix Borrowers
- Hard Money Loans
Hard money loans are designed to provide fast, asset-based financing for two main reasons: for
- Bridge Loans
Bridge loans are designed to provide short-term financing when you need things done quickly. Whether
- Bridge Loans
Bridge loans can be a valuable financing tool for real estate investors, property owners, and
- Hard Money Loans
Hard money loans are known for fast approvals and flexible underwriting, but borrowers should understand
Get prequalified today
Frequently Asked Questions about Phoenix Hard Money Loans
How do hard money loans work in Phoenix?
Hard money loans in Phoenix are short-term financing options secured by real estate rather than the borrower’s credit or income. They are typically funded by private lenders and based primarily on property value and equity. These loans are commonly used for investment purchases, renovations, or refinancing, and can close faster than traditional bank financing.
When to consider a hard money loan?
A hard money loan is often used when speed or flexibility is critical in a real estate transaction. Investors in Phoenix frequently use these loans for fix-and-flip projects, distressed property acquisitions, or competitive bidding situations. They are best suited for short-term financing with a defined exit strategy.
What are the current hard money loan rates in Phoenix?
Hard money loan rates in Phoenix vary depending on the loan-to-value ratio, property type, and borrower profile. Rates are generally higher than conventional mortgages due to faster funding and reduced qualification requirements. Final pricing is determined by the specific property and the overall deal structure.
What are the requirements for a hard money loan in Phoenix?
Requirements typically include sufficient equity in the property, a viable exit strategy, and basic documentation related to the transaction. Credit score and income are not primary factors in approval for most Phoenix hard-money loans. Borrowers using LLCs or investment entities may still qualify based on asset strength.
How fast can I get funded?
Many Phoenix hard money loans can close within 7–10 days once the required documentation is provided. Initial feedback or term sheets may be issued within 24–48 hours, depending on the deal complexity. Timelines vary based on property valuation and underwriting speed.
What types of properties qualify for a Phoenix hard money loan?
Eligible properties include single-family homes, multifamily units, office buildings, retail properties, industrial assets, and other commercial real estate. Property condition and marketability are important factors in determining loan eligibility.
Who are the best hard money lenders in Phoenix?
The best hard money lenders in Phoenix are typically direct private lenders that focus on asset-based lending and fast execution. Source Capital is known as one of the best hard-money lenders in Phoenix for our competitive financing options, efficient approvals, and experience in the residential and commercial real estate markets in Arizona.
What fees are associated with hard money loans?
Fees may include origination charges, underwriting costs, appraisal fees, and standard closing costs, depending on the loan structure. These fees are disclosed upfront before closing.
