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.

GLOSSARY · INVESTOR DEFINITIONS

What is DSCR (Debt Service Coverage Ratio)?

Debt Service Coverage Ratio measures whether a property's rental income covers its loan payments.

Formula

DSCR = Net Operating Income ÷ Total Debt Service

Example

A rental property generates $4,000/mo in rent and has $3,200/mo in mortgage + taxes + insurance. Its DSCR is 1.25 ($4,000 ÷ $3,200). DSCR ≥ 1.0 means the property pays for itself.

Why it matters for investors

DSCR loans are typically used for buy-and-hold rental property — the lender approves based on the property's cash flow, not the borrower's W-2 income. Common use case: refinancing out of a hard money bridge into long-term DSCR after stabilization.

How Grand Funding handles DSCR

Grand Funding doesn't issue DSCR loans directly — we focus on short-term hard money. But our bridge loans are routinely refinanced into long-term DSCR with our partner lenders. Logan can intro you to the right DSCR lender when your deal is stabilized.