What is a hard money loan in Arizona?

A hard money loan in Arizona is a short-term, asset-based loan secured by real estate — not your credit score. Grand Funding evaluates the property value and your exit strategy, not your tax returns or employment history. This makes it ideal for Arizona investors who need fast financing for fix & flip, bridge, or construction projects.

How fast can I get a hard money loan in Arizona?

Arizona hard money loans can be approved within 24 hours and funded within 3-5 business days. Grand Funding provides decisions upon receipt of a complete application. For straightforward deals, we've closed in as little as 48 hours.

What Arizona cities does Grand Funding serve?

Arizona coverage spans the full state: Phoenix, Scottsdale, Tempe, Mesa, Gilbert, Chandler, Glendale, Peoria, Surprise, Tucson, Flagstaff, Sedona, Payson, Prescott, Yuma, and Lake Havasu City.

What is the minimum and maximum loan amount in Arizona?

Grand Funding offers Arizona hard money loans from $70,000 to $5,000,000. This range covers single-family fix & flips, small commercial deals, multi-family, and large construction projects.

Do I need perfect credit to get a hard money loan in Arizona?

Credit is considered but is not the primary qualifying factor. Grand Funding focuses on the property's value, your equity position, and your exit strategy. Arizona borrowers with credit scores as low as 550 may qualify depending on the deal structure.

SIDE-BY-SIDE COMPARISON

Fix & Flip Loan vs Construction Loan: Which Fits Your Project?

Both finance property improvements, but they're structured very differently. The right choice depends on the scope of work, your timeline, and how much GC oversight you can handle.

	Fix & Flip	Construction
Project scope	Cosmetic to medium rehab	Ground-up new build or major reno
Loan disbursement	Acquisition + rehab in 2-4 draws	Acquisition + 4-6 milestone draws
LTV / cost basis	Up to 90% of ARV	Up to 80% of total cost
Term length	6-12 months	12-18 months
Inspector required	1-2 inspections during draws	Inspection at every draw
GC license	Often optional	Required for ground-up
Permit complexity	Low to moderate	High (full permit set required)
Typical rate	9.99-11%	10.99-12.5%
Best for	Buy-renovate-resell within 12 months	New builds, major renovations, additions
Worst for	Ground-up new construction	Cosmetic flips (overkill)

The Verdict

Fix & flip loans are simpler, faster, and cheaper for most cosmetic-to-medium rehab projects. Construction loans give you more capital flexibility for ground-up builds and major renovations but require more oversight. If you're putting walls up from foundation, you need construction. If you're putting in new floors, paint, and kitchens, fix-and-flip is your tool.