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.

Do I need a licensed GC for Scottsdale construction?

Yes for ground-up new construction. Owner-builders are reviewed case-by-case — we look at experience and project complexity. Scottsdale permits require licensed contractors for most structural work.

What is the maximum loan for a Scottsdale construction project?

Grand Funding construction loans go up to $5,000,000. This covers luxury custom homes, large fix-and-flip projects, and multi-unit new construction in the Scottsdale market.

SCOTTSDALE · CONSTRUCTION LOAN

Scottsdale Construction Loans

Up to 80% of cost. Milestone draws aligned with your build schedule. $5M cap. Built for luxury custom home builders and investor-developers in Arizona's premier market. Funding investors from North Scottsdale, Old Town, Paradise Valley, DC Ranch and across Arizona.

Call Logan: (602) 935-0371 Get Pre-Approved →

Construction Loans built for Scottsdale deals

Scottsdale is Arizona's luxury real estate capital — median home values exceed $800K and high-end construction ARVs regularly reach $1.5M to $3M+. Custom builders and investor-developers here need a lender who can underwrite high-value projects quickly and fund in 3-5 days.

Market context: North Scottsdale luxury new construction regularly closes above $1.5M ARV. ADU additions in McCormick Ranch and DC Ranch areas have seen 40–60% equity uplift in recent years.

Who this loan is built for

Custom home builders and investor-developers with a permitted plan, licensed GC, and a clear exit. We finance acquisition + construction with milestone draws. Common Scottsdale use cases include luxury fix-and-flip, custom home builds, estate rehabilitation, and ADU additions.

Loan terms at a glance

→ Loan range: $250K-$5M
→ Rate from: 10.99%
→ Maximum LTV/ARV: 80% of cost
→ Term: 12-18 months
→ Approval: 24-hour term sheet
→ Funding: 3-5 business days standard
→ Income docs: None required (asset-based)
→ Coverage: Statewide in Arizona, including Scottsdale

Common questions from Scottsdale investors

How are construction draws structured?

Typical schedule is 4-6 milestone draws based on a third-party inspector validating completed work. First draw at slab/foundation, subsequent draws at framing, MEP, drywall, and final.

Do I need a licensed GC?

Yes for ground-up new construction. Owner-builders are case-by-case — we look at experience and project complexity.

Can the loan finance both the lot and the build?

Yes. Most of our construction loans finance acquisition + build in a single instrument.

What happens if construction runs over budget?

We work with you. Cost overruns are funded as a loan modification or a small junior facility. Logan has been a builder himself — he plans for the messiness.

What Scottsdale neighborhoods does Grand Funding serve?

We fund construction projects across all of Scottsdale: North Scottsdale, Old Town, Scottsdale Airpark, McCormick Ranch, DC Ranch, Paradise Valley adjacent, and Gainey Ranch.