Hard Money Lender Gilbert, AZ

Gilbert Hard Money Lender

Real estate is precious, and so is your time. Source Capital understands the need for speed in a booming real estate market, and can process your hard money loan in Gilbert faster than any leading competitor. We underwrite our loans in-house, shedding time and whittling costs off standard processing procedures. The next time you need hard money lending in Arizona, California, or Minnesota, refer to Source Capital for industry-leading excellency and efficiency.

What is a Hard Money Loan?

Hard money loans, or bridge loans, have become an increasingly popular way to finance real estate transactions – both in Gilbert, Arizona and the United States in general. Especially following the real estate crash in 2008, homebuyers experience a growing skepticism of banks, credit unions, and financial institutions who finance mortgages with insecure sources. Additionally, gathering the funds for a down payment and the seemingly never-ending repayment period associated with typical loan structures feel more daunting in an economy with sky-rocketing real estate prices. Hard money loans are attractive because they allow you to borrow money from a trusted source. Because the loan comes from a direct lender, we’re able to disperse your funds in a matter of days, not weeks or months. This means quick cash in your pocket to jump on that property that seems too good to be true. Hard money loans are backed by the value of the property – not the credit-worthiness of the borrower. As such, Source Capital doesn’t discriminate based on your income level or previous financial failures.

Why Do I Need a Hard Money Lender in Gilbert?

Real estate moves quickly in the Arizona market. Use Source Capital as your hard money lender in Gilbert when you need to secure your dream property before someone else snatches it up. Urgency isn’t the only motivator behind choosing the best direct lender in Gilbert; many people who don’t enjoy the thought of paying off a mortgage for 30+ years instead choose to take out a hard money loan in Gilbert for their real estate needs. Direct lending is also a popular choice for foreign nationals, individuals with poor credit, or those who have experienced foreclosure. Source Capital doesn’t discriminate based on a blip in your history; we pride ourselves on financing those who have been turned away or shut down by traditional lenders in the past. When you choose hard money lending in Gilbert, you know exactly where your money came from. Our direct source expedites your cash distribution, as it doesn’t pull from a swirling pool of money found somewhere within a bank or credit union. What’s more, the interest rate on your loan won’t take unpredictable spikes that match the ebb and flow of an unstable economy. We offer fixed interest rates at incredible low price points, starting as little as 8.99%. And because the terms of your loan will include an up to two year payback period, you won’t be stuck paying that interest back for what feels like the duration of your life. Applying is easy, getting qualified is easy, receiving your money is easy, and getting out of debt is easy with Source Capital. Out of all the reasons why you’d choose a hard money lender in Gilbert, simplicity and convenience take the stage.

How Do I Qualify for Gilbert Hard Money Loans?

No assets? No problem. We’re happy to approve hard money loans in Gilbert that other lenders wouldn’t touch. We won’t turn you away based on the merit of poor credit or bankruptcy. Applying for your Gilbert hard money loan is easy and pain-free. Simply fill out our form online in a matter of minutes. We can get you pre-approved within 24 hours, allowing you to show the property’s seller that you’re a serious buyer. Make your seller confident in their choice when you show them the cold, hard cash secured from a direct lender. Financial institutions can take extremely long when weighing out your income, assets, equity, and credit history. Escrow can fall through the cracks, and your dream property might become a distant memory. Avoid the risk with a reputable hard money loan. Qualification is quick and convenient, so you’re able to redirect your focus on more important things than bureaucratic paperwork. Apply now; tell us about yourself and what you’re trying to do. We can help.

Types of Loan Programs

The Gilbert hard money lenders at Source Capital have years of experience, which means we’re familiar with various types of loan programs. Whether you’re investing in a rental home, refinancing your existing loan, or looking to buy retail storefront property, we’ve got you covered.

Refinance

Refinancing is one of the easiest ways to unlock the equity in your home and start investing in real estate. When you refinance with Source Capital, you’ll get the money you need to pay off your existing loan and some extra money to make an offer on your next property.

Investment purchase

Investing in rental homes is one of the best ways to generate consistent income. With a Gilbert hard money loan from Source Capital, you can get your loan funded in as little as 7 to 10 days—so you don’t have to worry about missing out on the property you have your eye on.

Commercial property

Whether you’re looking to purchase a retail storefront, office space, or another commercial property, our hard money lenders are here to help. We’ve got years of experience working with commercial real estate investors, so we can customize your loan to fit your needs.

Probate and estate

With a probate and estate loan from Source Capital, you don’t have to wait to receive your inheritance before you start investing. We offer fast approval and funding times, so you can get access to your capital and start investing as soon as possible.

Popular Gilbert Areas

Like many parts of Arizona, Gilbert offers a combination of natural beauty and city amenities. If you’re looking to invest in the Gilbert real estate market, check out some of these popular neighborhoods in the area.

Val Vista Lake

People who like to spend a lot of time outdoors will feel right at home in Val Vista Lake. This neighborhood offers easy access to a wide range of activities, from tennis and swimming to lakes and parks. 

Seville

If you’re looking to invest in luxury rental homes, you can start your search in the neighborhood of Seville. Seville is a quiet neighborhood that’s home to a country club and a wide array of luxury homes. As long as you’ve got a bigger budget, this is a good neighborhood to look at.

Lyon’s Gate

Lyon’s Gate is the neighborhood of choice for people who want to feel like they’re living in a city. There are plenty of dining and entertainment options, and everything is relatively close together so it’s easily accessible.

Ashland Ranch

Family-friendly neighborhoods are usually a safe bet when it comes to investing, and that’s exactly what you get in Ashland Ranch. This is a great neighborhood for families because it’s safe and there are a handful of great schools in the area.

Why Choose Source Capital as my Direct Lender in Gilbert?

Arizona is a state that we know and love. Source Capital’s founding partner, Sacha Ferrandi, grew up in Pheonix and graduated from Arizona State University. We’re proud to service a state that we hold so close to heart. You can trust Source Capital to be knowledgeable not only of the Arizona market, but to come equipped with experience surrounding all possible loan structures. 2017 saw Source Capital celebrate ten years of business. Within that short decade, we’ve managed to fund over $400 million in residential and commercial hard money loans for thousands of borrowers, brokers, and real estate agents. Our success derives from our unfettering commitment to fairness and transparency. We’ll never hit you with bogus fees or junk penalties, and the terms of your loan will always be presented in a manner that’s clear, concise, and easy to understand. If you have questions or concerns, we promise to take our time to address your needs. Source Capital specializes in creating custom loan structures befitting each individual borrower’s unique circumstance. We have a proven track record of delivering as promised time after time – just see what our past clients have to say. We’ve been given a 5 star rating on both Yelp and Google as a premier lender, and received an A+ rating from the Better Business Bureau. Whether you’re looking for a hard money lender in Gilbert, surrounding Arizona cities, or states beyond, we encourage you to contact Source Capital for your financing needs. Don’t be discouraged if you’ve been turned down in the past! We work with all types of borrowers, and we understand that the past is the past. Getting a quote is easy and free. Contact us today to get started.