This year, they expanded lending from California to nine other states, including Arizona and Florida. But since the downturn it was mostly dominated by so-called hard money lenders, which are made.
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Hard money loans are short-term loans secured by real estate. They are also referred to as rehab loans. One attractive part of these loans are their lower qualifications for approval. Borrowers can receive approval and funding in as little as 2 weeks.
The bankruptcy filing revealed that several of the company’s unsecured investors are Arizona residents. financed the purchase and construction of its centers through hard money loans from private.
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"I just needed the money," Jackson said. Matt Benson with Arizona’s Financial Choice Association says that title loan companies serve a valuable purpose and driving them away would hurt a lot of.
Get Fix and Flip loans in Phoenix for a property purchase, refinance, rehab or new. LendingOne is a Arizona private money lender offering short-term mortgage.
"Residential hard money" in terms of real estate financing, is a non-bankable money loan on an investment single family home (or duplex dwelling). residential hard money loans are often synonymous with "no-doc" private loans. For a residential hard money loan, the underwriting decisions are according to the borrower’s hard assets.
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Lead Funding provides various types of loans against residential property: Fix and Flip, Refinancing Existing, Acquisition Funding, New Construction in Arizona, Colorado, Nevada, Las Vegas & Denver.
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Pepion called the credit union that was supposed to have his loan. director of the Arizona independent automobile dealers association, said. "Dealers should not have to suffer a citation even.