Thursday 4 April 2013

How to Quickly Secure Hard Money Loans in Arizona

One of the advantages of working with hard money lenders in Arizona is that you often can secure your funding more quickly than if you go through traditional mortgage lenders.  However, this is only true if don’t do anything to unintentionally delay the process.  That’s why if you’re seeking out hard money loans in Arizona, you’ll want to keep the following guidelines in mind…

Tip 1: Work with Arizona Hard Money Lenders who’re committed to Fast Turnaround Times

As a real estate investor, you know that you need to be quick in order to take advantage of certain real estate opportunities. That’s why you need to work with hard money lenders in Arizona who’ll approve your application and deploy your hard money as quickly as possible.

One such company is the Active Funding Group. This well-established company is equipped to make same-day or next-day application decisions, plus they’re committed to deploying your hard money in Arizona as quickly as possible. And since they’re the largest specialty finance company in the Desert Southwest, you know your business is in good hands.

Tip 2: Make Sure Properties Are Accessible to Your Arizona Hard Money Lenders

Because hard money loans in Arizona are asset-based loans, your Arizona hard money lender needs to inspect both the exterior and interior of the property before they can approve your request for funding. Some Arizona hard money lenders may make certain exceptions to this inspection requirement, such as in the case of trustee sales. 

Tip 3: Double Check Your Hard Money Loans Application

The better hard money lenders in Arizona (such as the Active Funding Group) seek to expedite the loan application process by allowing you to do complete the application online.  However, if you neglect to complete the Arizona hard money loans application, or if you provide inaccurate information, then you may experience delays.

Read the interesting yahoo voice about hard money loans at http://voices.yahoo.com/hard-money-loans-real-estate-investing-717249.html?cat=54

To that end, be sure that you double check your hard money loans application before you click the submit button. In particular, pay attention to these application details:

•    The address of the property. This is important so that your Arizona hard money lender can properly evaluate the property.

•    Your name, address and telephone number. This needs to be accurate so that your Arizona hard money lender can quickly and easily reach you with your lending decision.

•    The financial details. In other words, what size loan are you requesting?

If you do find a mistake on your Arizona hard money application, be sure to correct it as quickly as possible to help avoid delays.

To get started with your hard money application now, go to Arizona’s largest specialty finance company and read the tips at http://www.activefundinggroup.com/AZ/hard-money-loans.html to know how to get hard money loans from them.

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