Arizona Hard Money Lender

We offer first and second trust deeds with no prepayment penalties, no appraisal fees, and can fund in a matter of days.

Source Capital Funding is an Arizona licensed, direct lender known for speed, reliability, and commitment to it’s clients. With over 40 years experience, we’re a well backed private lender that has funded over $550M in private loans since 2007.

Fast Decisions

As a direct lender, our approval process is built for speed as we underwrite and make all decisions in-house. From the time we are initially contacted to the time the loan is funded, our streamlined process allows us to fund loans in a matter of days.

Proven Track Record

Since 2007 we have successfully funded over $550M in loans secured by real estate. We have earned our reputation as a lender known for speed, reliability, and fairness.
Our team has the experience and ability to provide quick, direct answers to help expedite our client’s requests.

Well Capitalized

We’re a direct lender with immediate access to capital to lend. Because our company is backed by well established, accredited investors, there is always capital available to fund our loans. We are able to close quickly and with full transparency.

Loan Terms

INTEREST RATES	8.99% – 11.99% – First Position 11.99% -13.99% – Second Position	LOCATION	Arizona, California, Colorado, Minnesota and Texas only
LOAN AMOUNTS	$100,000 – $5,000,000	TYPES OF LOANS	Acquisition, Refinance and Cash-Out
LOAN DURATION	12-24 months	LIEN POSITION	First and Second Trust Deeds Only
ORIGINATION FEE	Starting at 2.0% of loan amount, depending on loan size and length of term	PROPERTY TYPES	Owner and Non-Owner Occupied Residential. Multifamily, Commercial, Industrial, Office, Retail, Mixed Use
LOAN TO VALUE	Up to 65% LTV in first position Up to 50% CLTV in second position	APPRAISAL FEE	None
CLOSING TIMEFRAME	10 business days or less	PREPAYMENT PENALTY	None

There are no minimum credit scores, employment requirements or financial minimums to qualify for a loan.

*All loans are secured by real estate for business purposes only

APPLY NOW

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.

Arizona Hard Money Lender FAQs

What type of loans do you do?

All our loans are secured by first and second deeds of trust (mortgages) on real estate only in AZ, CA, CO, MN and TX for business purposes only from $100K up to $5M. Examples of business purpose loans are loans to: purchase, repair or improve real property for use in the Borrower’s business; acquire, improve or maintain certain non-owner occupied rental property; purchase, improve or repair tools, equipment, machinery, fixtures or furnishings used in Borrower’s business; fund operating capital (e.g., employee salaries) or purchase or pay for business inventory, supplies, rent, taxes, insurance or other related expenses; or to pay off, refinance or consolidate business debts.

We do not offer loans for:

Ground-up construction projects
Personal use (pay bills, improve primary residence, medical collections, etc.)
Primary residence purchases
Land purchases or refinances
Special use/single purpose properties (church, car wash, dry cleaner, gas station,, etc.)
Hospitality properties (restaurant, hotel, motel, etc.)
After repair value (ARV) and/or provide funds for the purchase AND rehab costs
Rural areas of the states we lend in
Borrowers with no real estate as collateral (unsecured loans)

We understand every scenario is different. Contact a decision maker directly at 888.334.6636 to see if we can help with your request for financing.

What are the typical terms of a hard money loan in Arizona?

The terms of hard money loans in Arizona may vary by lender, but there are some standard terms you can expect. Generally speaking, hard money loans last anywhere from 3 to 36 months, allowing you to borrow between 65% and 75% of the total value of your property.

Interest rates are usually in the 10%-15% range, but that may depend on the collateral you provide and your individual situation.

At Source Capital, we’re proud to offer some of the lowest rates available, starting at just 8.99%. All our loans are amortized over 30 years and due in 1 or 2 years with a balloon payment due at term. We have no prepayment penalties so the loan can be repaid at any time with no additional interest payments owed. We also can fund typically within 7-10 days.

What types of properties can be financed with an Arizona hard money loan?

At Source Capital, we work hard to help you get the financing you need for various types of properties — from residential homes to commercial warehouses and industrial condominiums.

Here are some of the types of properties we can help you finance:

Residential properties:

Apartments and condos
Single-family homes
Duplexes, triplexes, and quadruplexes

Commercial properties:

Office spaces (including medical offices)
Industrial buildings (warehouses and distribution centers, manufacturing facilities)
Large, multi-family units including complexes and planned communities

What happens if you default on a hard money loan in Arizona?

It’s important to understand the potential consequences of defaulting on hard money loans in Arizona.

Most hard money lenders in Arizona will include a default interest rate clause in your loan contract, which means your interest rate can increase greatly if you default on your loan. When this happens, you have a short time period to balance your loan. If your loan is still in default after this time period, lenders may foreclose on the property used as collateral.

This also applies to hard money loans in California and other states. Before you apply for hard money loans in Arizona, make sure you understand the terms and potential consequences.

The team here at Source Capital is more than happy to help provide answers to these questions.

What are the benefits of working with Arizona hard money lenders?

Whether you’re applying for hard money loans in Colorado or Arizona, there are several benefits to working with hard money lenders like Source Capital:

Speed: We offer fast approval and funding times, allowing you to get approved for a loan and receive your money in as little as 7 days.

Flexibility: Source Capital can work with you to help you secure a loan even if you’ve had trouble securing a traditional loan due to your income or credit.

Security: Hard money loans in Arizona are secured by real estate as collateral for the loan.

Investment opportunities: We understand opportunities arise for our clients and are often time sensitive. With Source Capital, you can quickly get the money you need so you don’t miss out with our simple, straightforward process.

How can I get approved for an Arizona hard money loan?

Getting approved for a hard money loan is heavily based on the collateral being pledged as collateral for the loan, among other factors. Here’s what you need to do to get approved:

Fill out a hard money loan application.
Provide details about the property being used as collateral and what the proceeds are for.
Submit your application and a decision-maker will respond within 24 hours.
Once you accept, we’ll fund your loan in 7 to 10 days.
Monthly payments can be made via mail, phone, or direct deposit.

We make real estate investing simple, offering hard money loans in Minnesota, Arizona, Texas, and other states.

How quickly can I get my loan funded?

After you apply for an Arizona hard money loan with Source Capital, if approved, you’ll typically receive funding in 7 to 10 days. We pride ourselves and speed and flexibility no matter where we lend, so you don’t have to worry about meeting critical deadlines.

What kind of clients does Source Capital work with in Arizona?

Source Capital works with all types of clients from real estate investors, flippers, and developers to business owners, families, and individuals who need financing.

Since our hard money loans in Arizona are secured by collateral, we don’t have strict rules on your credit score or financial history. We have experience lending to individuals with a history of bankruptcy, foreign nationals, and self-employed professionals.

Simply put, we can help all types of clients and if you have any questions, feel free to give us a call at 888.249.9827.

Can I qualify if I have poor financials?

Absolutely. As our main focus is centered on the property being used as collateral for the loan, financial strength is not a requirement to obtain a loan with us. We understand there is a reason client’s come to us and do our best to provide a loan option that will work for you, whatever the situation may be.

Is there a minimum credit score requirement to qualify for a hard money loan?

We have no credit score requirements. Unlike a bank, we are not focused on a number to dictate whether or not you can qualify for a hard money loan. We are focused on the real estate asset securing the loan, first and foremost.

At Source Capital, we work with all borrowers who have experienced past hardships that has affected their credit score. We understand that “life happens” and are committed to tailoring our hard money loans to suit your needs and will work closely with you throughout the process.

Do you do primary residence purchases?

We do not provide financing for primary residence purchases as we fund loans for business purposes only. Business purpose loans are defined as loans to: purchase, repair or improve real property for use in the Borrower’s business; acquire, improve or maintain certain non-owner occupied rental property; purchase, improve or repair tools, equipment, machinery, fixtures or furnishings used in Borrower’s business; fund operating capital (e.g., employee salaries) or purchase or pay for business inventory, supplies, rent, taxes, insurance or other related expenses; or to pay off, refinance or consolidate business debts.

What cities in Arizona do you lend in?

We lend throughout the state but mainly focus on more urban than rural areas. Phoenix, Scottsdale, Glendale, Mesa, Chandler, Gilbert, and Tucson are just a few of the cities we lend in and their respective outlying areas.

Client Testimonials

“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.”

Brian OverstreetPresident, Advera Health Analytics

“Sacha and his team were on point from our first call to funding. They were professional and easy to work with. We will definitely be using them for our future transactions”.

Mark O’ToolePresident, Pacific Coast Home Mortgage & Real Estate Inc.

“The staff at Source Capital has helped me create new income streams. They are consistent, direct and deliver every time.”

Michael KornAgent, Keller Williams Realty

“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.”

Anthony TrujilloMortgage Broker, Paramount Partners

“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”

Courtney RothClient

“Recently completed another flawless transaction with Source Capital. Why would anyone want to go anywhere else? They’re the best.”

Marianne BordognaAgent, Keller Williams Realty

“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 AbbudSenior Loan Officer, Better Rate Mortgage

“The team at Source are consummate professionals who work efficiently and effectively. Simply stated- truly exemplary and professional people”

Paul ElamOwner, San Diego’s Real Estate

“Source Capital has been an absolute pleasure to work with throughout. These guys are on top of their game.”

Tyler HansonAssociate Broker, Cushman & Wakefield

“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 ShieldsOwner, GSI Appraisals

“They were very responsive and extremely helpful and would certainly use them again. I highly recommend their services.”

Alvin FuchsAgent, Keller Williams Realty

“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 HeathClient

“I have always had a highly professional and honest experience with everyone on their team and would recommend to anyone looking for financing.”

Andrew BellahOwner, The Bellah Group

“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 MarcusClient

“Smooth and fast transaction as the loan was funded in 8 days. They are a pleasure to work with – Strongly Recommended.”

Borna EftekariAgent, Farmers Insurance