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 Origination Points / Fees?

Upfront fees charged by a lender to originate a loan, expressed as percentage points of the loan amount.

Formula

1 origination point = 1% of loan amount

Example

A $500,000 loan with 2 origination points means $10,000 in upfront fees ($500K × 0.02). These are typically paid at closing, deducted from the loan proceeds.

Why it matters for investors

Hard money lenders typically charge 1-3 points. The points trade off against the interest rate — lower-rate loans often have higher points, and vice versa. Understanding the all-in cost (rate + points + fees) is more important than focusing on rate alone.

How Grand Funding handles Origination Points

Grand Funding originates most loans at ~2 points. There are no junk fees, no application fees, no early-payoff fees on most loans. Logan presents the all-in cost in writing in the term sheet.