Hard Money Lender Mesa, AZ

Mesa Hard Money Loans

Source Capital is the premier lender for hard money loans in Mesa, Arizona. Whether you want to purchase your first single family residence or a large industrial building, we can tailor a hard money loan to suit your real estate goals. We’ve proudly funded over $400 million in hard money loans to investors who want to break into the real estate market, and we’re ready to customize a loan just for you. Work with us to get started on your real estate venture.

What is a Hard Money Loan?

A hard money loan is a type of asset-based financing option. Asset-based financing means that the loan is secured by the equity or value of the property. Many people turn to hard money loans when they have trouble getting approved for conventional loans, and other investors choose hard money loans because they’re guaranteed to get funding fast.

Hard Money Loans vs. Other Loans

There are many benefits to hard money loans that conventional loans don’t offer. A conventional loan is one that isn’t issued or insured by a government agency. Other loans, including FHA loans, VA loans, and USDA loans, are government-backed. Our hard money loans are backed by private investors, and are much easier to obtain than other forms of financing.

The pre-approval process for a conventional bank loan is rigid, and before you’re approved you’ll go through an extensive background check. They’ll investigate your credit history, employment and marital status, history of bankruptcies, other mortgages, outstanding loans, assets, business licenses, and more. If you have the slightest blemish in your financial history, you might find it difficult to get approved. First time homebuyers and buyers with poor credit can be denied by bank lenders who don’t want to take a risk.

Source Capital’s team of private hard money lenders doesn’t judge you based on past financial mistakes. We aren’t concerned with your credit history, your outstanding loans, or your FICO score. We are an asset-based hard money lender, so we care more about the value and potential of the property you’re investing in than any imperfections in your past. If you’ve been denied by other lenders and you want to buy property quickly, a hard money loan from Source Capital might be right for you.

Can I get a Hard Money Loan Fast?

Yes! Even if you have a flawless financial history and a stellar credit score, you might prefer a hard money loan. Novice investors and real estate moguls alike choose hard money loans when they want fast financing. Other lenders make you wade through mounds of paperwork that can take hours to complete. After you submit your application, you may have to wait anywhere from a few weeks to several months for approval. If you have your eye on a new property, you can’t afford to wait while another buyer snatches it up. Don’t sit idly by for a reply from your lender, and forego the lengthy approval process by choosing Source Capital.

We’re your go-to source for quick financing. Our lenders approve hard money loans fast; simply fill out a brief online application, and we’ll send you a reply within 24 hours. If we approve your loan, we’ll wire funding to you in seven days or less. With a hard money loan in hand, you can purchase your property quickly and beat out the competition.

Are there other Benefits to Hard Money Loans?

If you choose a hard money loan from Source Capital, you might have an advantage over other buyers. Immediate funding allows you to negotiate a lower purchasing price and cut better deals. Sellers who make it their top priority to sell fast might choose your offer over the competition if the latter is still waiting for loan approval. If you choose a conventional financing option, you run the risk of your mortgage falling through during escrow. In the event you lose your loan, you’ll have to scramble to find new financing or put your deal in jeopardy.

Many sellers prefer hard money loans because they’re a more reliable source of funding. Private hard money lenders rarely pull out their loans, so the seller can rest assured that they can close escrow and get money fast.

Hard Money Loans in Mesa

Mesa is ripe with prime real estate worthy of investment. If you want to buy property in Mesa, you need the right financing to make a solid deal. Competition is stiff in the real estate market, but our private lenders can wire a hard money loan to you within days so you can purchase your property. Whether you want to fix and flip a home or you want to become a landlord, we’ll give you immediate funding so you can pursue your new project.

We don’t just lend in Mesa; Source Capital’s private investors back clients all throughout Arizona, California, and Minnesota. We’ve had the privilege of watching our clients in Arizona reach their real estate goals with the help of our hard money loans. Our proven track record of funding residential and commercial transactions shows that we’re your reliable source for efficient lending.

One of our partners, Ryan Burns, was born and raised in Minneapolis, so he has expert knowledge of the market in Minnesota. We use our skills and experience to help our clients in Minnesota get a hard money loan fast so they can start their project right away. Whether you want to buy an apartment in Saint Paul or a retail store in Minnetonka, we can create a custom loan that can help you succeed.

Our headquarters is based in San Diego. Within our first decade of business, we’ve become a top-rated hard money lender in San Diego and Los Angeles. Our private investors we’ve helped hundreds of clients secure financing to achieve their real estate dreams throughout California. We’ve quickly gained a reputation for being one of the fastest and most reliable lenders in the business, so let us be your partner when you choose your next property in the Golden State.

Properties We Invest in

We’ve issued hundreds of residential and commercial loans to clients for almost any project imaginable. Our residential properties include single residences, condos, apartments, duplexes, triplexes, and quadraplexes. Do you have your sights set on a commercial property? We offer hard money loans for office buildings, industrial complexes, retail storefronts, multi-family units, and storage buildings.

Our loans are ideal for fix and flip ventures. When you find the perfect property in need of a facelift, secure it with a hard money loan from Source Capital. Don’t let other buyers beat you to it; buy and hold your property fast with a customized hard money loan.

Popular Mesa Areas

Choosing the right neighborhood is important when you’re investing in real estate. There are several Mesa neighborhoods filled with investment opportunities—from offices and retail spaces to single-family homes.

Alta Mesa

Alta Mesa has a diverse selection of investment opportunities, so there are options for a wide range of budgets. If you’re planning to invest in rental property, Alta Mesa might be a good place to look.

Dobson Ranch

Dobson Ranch is a family-friendly neighborhood that offers easy access to outdoor recreation, including parks and lakes. There are also several commercial properties in the area, so this is a good neighborhood if you’re investing in a retail or office space.

Las Sendas

If you’re looking to invest in a luxury home to attract buyers or renters, Las Sendas is the neighborhood to look at. The Las Sendas Golf Club is a hot spot in the area, and it’s only a short drive from the Red Mountain Ranch Country Club. If you’re looking for luxury rentals, check out Las Sendas.

Hard Money Loans from Source Capital

For over 10 years, we’ve proven to be one of the most trustworthy and reliable sources for hard money loans. Many of our clients have walked away satisfied at our excellent customer service and unbeatable rates.

If you choose Source Capital, we’ll finance up to 65% of the value of your property at a rate as low as 8.99%. Our loans don’t come with extraneous fees or prepayment penalties, so you can walk away confident that the loan you want is the loan you get. Other hard money lenders offer loans up to a year, but with Source Capital, your loan can extend up to two years so you have time to complete your project. Forego the long approval process and get a hard money loan fast through our dedicated team of private hard money lenders.

Why Buyers Choose Source Capital

Clients rave about our top-notch services and efficient funding. We’ve funded over $400 million in residential and commercial loans since we began in 2007, and we continue to satisfy clients to this day. Source Capital is a Better Business Bureau “A+” rated Accredited Business, and we are a 5-star rated lender on Google and Yelp. Our satisfied clients agree: Source Capital is the premier source of hard money loans in Arizona, California, and Minnesota.

Our team of private hard money lenders has extensive experience in the real estate market. If at any time you need guidance, we’ll give you an honest and informed opinion to point you in the right direction. We want you to be a success, so call us today at 888.235.7191, and we’ll answer any questions you might have to get your venture off the ground.