Frequently Asked Questions

A hard money loan is short-term real estate financing secured by real property. Unlike traditional bank loans that focus heavily on credit scores and income verification, hard money lenders primarily evaluate the property's value and your exit strategy. This makes them ideal for real estate investors who need fast funding for time-sensitive deals.

Hard money and traditional mortgages follow different review, timing, pricing, documentation, and term structures. Grand Funding provides transaction-specific requirements and terms in writing after reviewing the requested financing.

We finance single-family homes, condos, townhouses, multi-family properties (2-4 units), mixed-use buildings, retail centers, office buildings, industrial properties, and raw land. Property type and transaction eligibility are determined after review of the specific request. We can also finance properties that need significant renovation.

Grand Funding provides hard money loans throughout Arizona and California. Major markets include Phoenix, Scottsdale, Tucson, Mesa, San Diego, Los Angeles, Orange County, San Francisco Bay Area, and surrounding communities.

We provide loan decisions within 24 hours of receiving a complete application. Once approved, most loans close and fund within 3-5 business days. For exceptionally straightforward deals, we've closed in as little as 48 hours.

Basic requirements include: property address and details, purchase contract or property ownership documentation, project budget (for renovations), proof of funds for down payment, and photo ID. We may request additional documentation depending on the loan type and project complexity.

Credit, income, experience, and documentation requirements are determined after review of the specific transaction.

Self-employed applicants and applicants with non-traditional income may submit a transaction for review. Credit, income, experience, and documentation requirements are determined after review of the specific transaction.

Absolutely. We regularly work with borrowers who hold properties in LLCs, trusts, or other entities. This is common among experienced real estate investors for asset protection and tax purposes.

Rates and points are provided after deal review. Grand Funding provides transaction-specific terms in writing before you decide whether to proceed.

Rates, points, loan sizing, leverage, and final terms are provided only after Grand Funding reviews the specific transaction. This website is not a commitment to lend.

Loan sizing is determined only after Grand Funding reviews the specific transaction.

Any prepayment provision or minimum-interest period is transaction-specific and is disclosed in writing before closing.

Costs vary by transaction. Grand Funding provides rates, points, fees, and other terms in writing after review; third-party appraisal, title, and escrow charges may also apply.

Term length is determined after review of the specific transaction and is disclosed in writing.

A fix and flip loan provides funding to purchase and renovate a property for resale. Acquisition and renovation funding, including leverage and draw structure, is determined after direct deal review. Construction and rehabilitation draw structure, milestones, inspections, and timing are determined for the specific project and are disclosed in writing.

Construction and rehabilitation draw structure, milestones, inspections, and timing are determined for the specific project and are disclosed in writing.

Yes, we provide land loans for raw land acquisition. Land-loan leverage is determined after review of the parcel, requested financing, development plan, and exit strategy. We look at factors like zoning, development potential, location, and your development timeline.

Grand Funding primarily offers business-purpose real estate financing. Owner-occupied, primary-residence, or consumer-purpose transactions, if available, are considered only in limited, case-specific circumstances and may require additional documentation and review. Contact Grand Funding before applying.

Your exit strategy is your plan to repay the loan - typically through sale, refinance into permanent financing, or rental income. A clear, realistic exit strategy is crucial for approval because it shows us how you'll successfully complete the project and repay the loan.

Construction timelines can shift. Contact Grand Funding before the maturity date to discuss the transaction. An extension is not guaranteed; availability, charges, and other terms are determined for the specific transaction and disclosed in writing.

A scope of work, budget, contractor information, or other project documentation may be requested. Requirements are determined after review of the specific project.

Contractor eligibility and any insurance, reference, or experience requirements are determined after review of the specific project.

Logan Sullivan is the founder of Grand Funding LLC. With over 40 years of combined experience in lending, construction, and real estate development, Logan brings hands-on expertise that most lenders lack. His background as a former builder means he understands project timelines, budgets, and potential issues that can arise during construction.

Grand Funding is a direct private lender - we fund loans with our own capital. This means faster decisions, more flexibility, and direct communication throughout your loan. You're not being passed off to third-party investors or waiting for committee approvals.

Grand Funding LLC has been providing hard money loans for over 40 years, with extensive experience in real estate lending, construction, and property development throughout Arizona and California. We've funded over 1,500 loans totaling more than $350 million.

Three key differences: 1) Real construction experience - we're former builders who understand projects from the ground up, 2) Direct lending - decisions made in-house with no waiting for third-party approval, 3) Relationship-focused - we want repeat clients, not one-time transactions. We're invested in your success.