If you’ve started researching hard money lenders in Arizona, then you know that there are a lot of specialty financing companies who’re soliciting your business. But not all Arizona hard money lenders are created equal. And that’s why you need to take the following points into consideration while researching Arizona hard money lenders…
Do the Arizona hard money lenders have experience?
You’re looking for hard money lenders in Arizona with two types of experience:
1. Experience deploying hard money loans in Arizona. You want to work with large, well-established hard money lenders in Arizona who can offer you the flexibility and speed you need for your investment business.
2. Experience with real-estate investing. When you work with Arizona hard money lenders whose principals have investment experience, then you can rest assured that they have a keen understanding of your business model. You won’t ever have to worry about trying to explain your unique financing needs to the lender.
When you work with Arizona hard money lenders like the Active Funding Group, you’re getting both types of experience. Their principals have 30 years of experience investing in thousands of real estate properties. Plus, the Active Funding Group is a well-established specialty financing company which deploys over $ 100 million in funds each year, so you know your funding will be there when you need it.
Is your Arizona hard money lender the decision maker?
Some of the companies who call themselves Arizona hard money lenders are just brokers or other third-party agents. There are two problems with working with third-parties:
1. Your hard money in Arizona will cost more. The broker isn’t matching you with Arizona hard money lenders out of the goodness of his heart, which is why you’ll end up paying more to cover the broker’s commissions and fees.
2. Your hard money in Arizona may be delayed. When you work with a broker instead of the decision maker, you end up wasting time while waiting for the broker to serve as the line of communication between you and the hard money lender.
Point is, if you work with the decision maker, then you can expect the process to go much more quickly and smoothly. Indeed, reputable hard money lenders in Arizona such as the Active Funding Group can often present an offer for financing within hours of you completing your online application. Even better, they can deploy the funds in as little as 24 hours after you’ve accepted the offer.
By caradoc from Pixabay