Start With the Deal. Then Choose the Structure.
Compare common real estate financing scenarios. Final structure, requirements, and terms follow direct transaction review.
What does the property need next?
Use three transaction questions to narrow the starting point. Grand Funding confirms the appropriate structure only after reviewing the specific deal.
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.
See full details →What types of loans does Grand Funding offer?
Grand Funding offers fix-and-flip, bridge, construction, cash-out refinance, second position, and land or other case-reviewed financing — with eligibility and documentation determined after review of the specific transaction.
How do Grand Funding loan products differ from bank loans?
Grand Funding is a direct private lender with in-house underwriting. Unlike banks, Credit, income, experience, and documentation requirements are determined after review of the specific transaction. Term sheets issue in 24 hours and most loans close in 3–12 business days.
What loan amounts does Grand Funding offer?
Loan sizing and leverage are determined after review of the specific transaction. Grand Funding serves investors statewide in Arizona and California.
Hard Money Loans
Most PopularHard money loans are short-term real estate financing secured by real property. Credit, income, experience, and documentation requirements are determined after review of the specific transaction.
Key Features
- Speed: Decisions in 24 hours, funding in 3-7 days
- Flexibility: Income and documentation requirements determined after review
- Loan sizing: Determined after deal review
- Loan-to-Value: leverage determined after review
- Term Length: Determined after deal review
- Rates and points: Provided after deal review
Best For
- Fix and flip investors
- Property renovations
- Quick acquisitions
- Bridge financing needs
Understanding Hard Money Terms
- Transaction-Specific Review
- Real estate financing secured by real property. Credit, income, experience, and documentation requirements are determined after review of the specific transaction.
- Loan-to-Value (LTV)
- 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.
- Points
- Upfront charges; any applicable points are provided after deal review
- Draw Schedule
- Pre-arranged timeline for releasing funds during construction or renovation
Construction Loans
Builders' ChoiceOur construction loans provide financing for ground-up construction and mid-construction projects. Construction and rehabilitation draw structure, milestones, inspections, and timing are determined for the specific project and are disclosed in writing.
California project guides: Los Angeles construction loans San Diego construction loans
Key Features
- Ground-Up Construction: Financing for new builds from start to finish
- Mid-Construction: Take over existing projects
- Contractor, experience, inspection, scope-of-work, and other project requirements are determined after review of the specific project.
- Loan sizing: Determined after deal review
- Leverage: Determined after deal review
- Terms: Determined after deal review
What We Finance
- Single-family residential homes
- Multi-family properties
- Commercial buildings
- Mixed-use developments
Construction Loan Terminology
- Ground-Up Construction
- Building a new structure from the foundation up on raw or cleared land
- Mid-Construction Loan
- Financing that takes over a partially completed project, allowing new ownership or additional capital
- Draw Schedule
- Predetermined timeline for releasing construction funds based on project milestones
- Cost-to-Complete
- Estimated remaining expenses needed to finish construction
- As-Completed Value
- The projected market value of the property once construction is finished
Builder Experience Matters
We've been builders ourselves for 40+ years. We understand the challenges and can move at your pace.
Discuss Your ProjectBridge Loans
Bridge loans provide short-term financing to "bridge" the gap between immediate funding needs and long-term financing. Perfect for quick acquisitions or transitional periods.
Key Features
- Quick Closings: As fast as 3-5 days
- Flexible Terms: Determined after deal review
- Leverage: Determined after deal review
- Payment structure is determined after review of the specific transaction and is disclosed in writing.
Common Uses
- Property acquisition while arranging permanent financing
- Buying before selling current property
- Time-sensitive opportunities
- Refinancing out of existing hard money
Bridge Loan Key Terms
- Bridge Loan
- Short-term financing that "bridges" the gap between two transactions or financing types
- Exit Strategy
- Your plan for repaying the bridge loan (sale, refinance, or permanent financing)
- Interest-Only Payment
- Monthly payments covering only interest, with principal due at loan maturity
Fix & Flip Loans
Investor FavoriteSpecialized financing for investors buying, renovating, and quickly reselling properties for profit. We fund both acquisition and renovation costs.
Key Features
- Purchase + Rehab Financing: One loan covers both
- Leverage: Determined after deal review
- Rehab funding: Determined after deal review
- Payment structure is determined after review of the specific transaction and is disclosed in writing.
- Quick Closings: 5-10 days typical
Our Fix & Flip Process
- Submit property details and renovation plan
- Get approval and terms within 24 hours
- Close and receive purchase funds
- Draw renovation funds as work progresses
- Sell or refinance upon completion
Fix & Flip Terminology
- After Repair Value (ARV)
- The estimated market value of the property after renovations are complete
- Rehab Budget
- Total estimated cost of all renovation work
- Holdback
- Renovation funds held by lender and released based on work completion
- Common underwriting guidance
- 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.
Cash-Out Refinance
Access your property's equity without selling. Perfect for investors looking to fund new deals, consolidate debt, or improve existing properties.
Key Features
- Leverage: Determined after deal review
- Fast Processing: 7-14 days to close
- Occupancy eligibility: Case-specific review
- Documentation: Determined after transaction review
Common Uses
- Fund down payments on new properties
- Consolidate high-interest debt
- Property improvements and renovations
- Business capital
- Investment opportunities
Refinance Terms Explained
- Cash-Out Refinance
- Replacing your current mortgage with a larger loan and receiving the difference in cash
- Rate & Term Refinance
- Refinancing to change interest rate or loan term without taking cash out
- Seasoning Period
- Time you must own property before refinancing (any seasoning requirement is determined after transaction review)
- Equity
- The difference between your property's value and what you owe
Land Loans
Development ReadyFinance raw land or lots for future development. We underwrite based on location, equity, and your clear exit strategy.
Key Features
- Loan sizing: Determined after deal review
- Leverage: Determined after deal review
- Terms: Determined after deal review
- Fast Decisions: 24-hour approval
Best For
- Infill lots
- Entitlement and pre-development
- Land banking and short-term holds
Land Loan Terminology
- Entitlements
- Approvals required to develop land (zoning, permits, utilities)
- Carry Costs
- Ongoing costs while holding land (taxes, insurance, interest)
Second Mortgages & 2nd Position Loans
Access additional financing without disturbing your existing first mortgage. Perfect when you have favorable first mortgage terms you want to keep.
Local guide: Scottsdale 2nd position loans
Key Features
- Keep Your First Mortgage: Don't lose your low rate
- Leverage: Determined after deal review
- Fast Approval: 3-7 days to close
- Eligible use: Reviewed case by case
When to Use a Second Mortgage
- Your first mortgage has a great rate
- Need additional capital quickly
- Want to avoid refinance costs
- Cross-collateralizing multiple properties
Second Mortgage Terminology
- Second Position
- Loan recorded after the first mortgage; gets paid second in foreclosure
- Combined Loan-to-Value (CLTV)
- 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.
- Cross-Collateralization
- Using multiple properties as collateral for one loan
- Lien Position
- The order in which loans are repaid if the property is sold or foreclosed
Complete Lending Glossary
Understanding the terminology is key to making informed decisions. Search, filter, and expand definitions as needed.
Loan Structure Terms
Amortization
The process of paying off debt over time through regular payments.
Balloon Payment
A large final payment due at the end of a loan term.
Maturity Date
The date when the final payment is due.
Prepayment Penalty
A fee charged if a loan is paid off early (terms are transaction-specific).
Principal
The amount borrowed, excluding interest.
Property & Valuation
Appraisal
A professional assessment of a property's market value.
As-Is Value
The current market value in its present condition.
Comparable Sales (Comps)
Recently sold similar properties used to estimate value.
Market Value
The price a property would sell for in the current market.
Legal & Documentation
Deed of Trust
A legal document that secures the loan with the property.
Lien
A legal claim against property as security for debt.
Title Insurance
Insurance that protects against title defects.
Promissory Note
A written promise to repay a loan under specific terms.
Costs & Fees
Origination Fee
An upfront fee charged by the lender for processing a loan.
Points
Upfront charges; any applicable points are disclosed after deal review.
Closing Costs
All fees required to complete the loan transaction.
Servicing Fee
A monthly fee for loan administration.
Common Product Questions
Fast answers about terms, timelines, and qualification — so you can size a deal before calling.
How quickly can Grand Funding close each loan type?
Purchase and bridge loans typically close in 3–5 business days. Fix-and-flip loans close in 5–10 days. Cash-out refinances close in 7–12 days due to payoff coordination. Construction loans close in 5–10 days depending on draw setup.
Which Grand Funding loan product is right for my deal?
Fix-and-flip loans fit purchase-plus-renovation plays. Bridge loans fit time-sensitive acquisitions with a clear exit. Construction loans fit ground-up or major remodel projects. Second position loans fit investors keeping a low-rate first mortgage. Cash-out refinance fits equity extraction on a free-and-clear or low-LTV investment property.
How are income and documentation reviewed?
Credit, income, experience, and documentation requirements are determined after review of the specific transaction.
Ready to Discuss Your Deal?
Let's discuss which loan product fits your investment strategy
