Grand FundingLLC
Arizona 2nd Position Loan Specialists

Arizona Second Position Loans — Unlock Hidden Equity Fast

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.

Direct
Deal review
24hr
Approval Decision
3–5
Days to Fund
Custom
Loan sizing
Arizona 2nd Position — Get a Quote
Term sheet in 24 hours. No obligation. Credit review is transaction-specific.

No spam. Credit review is transaction-specific. Direct answers on your Arizona deal.

After reviewKeep Your First Mortgage40+ Years ExperienceFund in 3–5 Days

Why Arizona Investors Use Second Position Loans

Smart equity access without giving up what you've already earned

Keep Your Low-Rate First

Many Arizona investors locked in market rates. A second position loan lets you access equity without refinancing — preserving that rate while still getting the capital you need.

Fund Your Next Deal

Use a second position on one Arizona property to fund the down payment or full purchase of another. Smart investors leverage existing equity to grow faster.

Fast Access to Capital

24-hour approval, 3-5 day funding. When a deal comes up and you need equity fast, a second position is often the fastest path from equity to cash in hand.

Documentation After Review

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

Recent Arizona 2nd Position Deals

Real equity access for real investors

Scottsdale, AZ2nd Position
$650,000
Closed in 3 days
Investor kept an existing low-rate first mortgage in place. Used second position equity to fund a new acquisition in North Scottsdale.
Glendale, AZ2nd Position
$95,000
Closed in 4 days
Small equity pull behind existing first. Investor needed capital for renovation on a separate flip property.
Phoenix, AZ2nd Position
$145,000
Closed in 5 days
Rental property with equity. Owner used second position to fund down payment on investment property #4.
San Diego, CA2nd Position
$100,000
Closed in 5 days
CA investor under contract needed equity access fast without disturbing existing low-rate first mortgage.

How Arizona 2nd Position Loans Work

Simple process, fast capital

1

Submit Your Equity Position

Tell us the property value, first mortgage balance, the amount you need, and what you'll do with the funds. We work from there.

~10 minutes
2

Get Your 2nd Position Terms

We evaluate the combined LTV (first + second), property value, and your exit. Clear terms in 24 hours — rate, amount, term, monthly payment.

Within 24 hours
3

Close & Access Your Equity

Close through an Arizona title company with first lender consent as needed. Funds wire within 3–5 business days.

3–5 business days

Arizona 2nd Position Loan FAQs

Common questions about second position hard money loans

What is a second position loan in Arizona?

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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.

Why use a 2nd position loan instead of refinancing in Arizona?

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If you have a low-rate existing low-rate mortgage and don't want to lose that rate by refinancing in today's higher-rate environment, a second position lets you access equity while keeping your existing first in place. It's a common strategy for Arizona investors who locked in low rates and still need capital.

What is the maximum CLTV for an Arizona second position loan?

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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.

Does my first mortgage lender need to approve a second position?

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It depends on the terms of your first mortgage. Some first mortgages have due-on-encumbrance clauses. We'll review the first mortgage terms with you as part of the process. Most investment property firsts allow junior liens.

How fast can I get a second position loan in Arizona?

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Arizona second position loans are approved within 24 hours and fund within 3-5 business days, assuming clean title and clear first mortgage documentation. We move at the speed your deal requires.

Ready to Unlock Your Arizona Equity?

Keep your first mortgage. Access your equity. Close in days.

Project Snapshot

Run the property numbers before you call.

Based only on the values you enter
$120,000
Estimated gross project spread
Purchase price
$450,000
Renovation budget
$80,000
Total planned cost
$530,000
Expected value after work
$650,000
Send the deal for a direct review →

Planning tool only. It does not estimate a loan amount, rate, points, fees, leverage, approval, or final terms. Contact Logan at (602) 935-0371 for a transaction-specific review.

Deal Clarity

What It Takes to Close With Us

We review each transaction individually. Here are common scenarios and the information used to begin a transaction-specific review.

Who this is for

Serious real estate investors

  • Fix-and-flip operators with a track record or strong deal
  • Buy-and-hold investors scaling a rental portfolio
  • Builders and spec developers funding ground-up projects
  • 1031 exchange buyers on a tight timeline
  • Self-employed borrowers banks won't fit
  • Experienced operators pulling equity for the next deal

Common Deal Scenarios

The shapes of deals we fund

  • 7–14 day closes on auction or off-market purchases
  • Distressed or value-add properties below conventional standards
  • Cross-collateral bridges using equity in a different property
  • Construction draws on permitted ground-up or heavy rehab
  • Cash-out refi on rented SFR / multifamily portfolios
  • Second-position loans when the first mortgage is untouchable

What we need to review

To issue a same-day term sheet

  • Property address and purchase price (or current value)
  • Rehab budget if applicable
  • Exit strategy: flip, refi, lease, sell to retail buyer
  • Photos or inspection report if available
  • Your experience summary — deals closed, roles held
  • Entity that will hold title (LLC, trust, individual)
Explore More

Related Loans, Cities & Guides

The deal landscape is connected. These are the pages serious investors visit after this one.

Quick Answers

Loan Clarity

The questions serious investors ask before they pick up the phone. Straight answers, no runaround.

What is a second position loan in Arizona?

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.

Why would I use a second position loan instead of refinancing in Arizona?

A second position loan is preferable when an existing first mortgage has a low rate worth preserving, a second position loan lets you access equity while keeping your existing first in place. It's a common strategy for Arizona investors who locked in market rates and still need capital for new deals.

What is the maximum CLTV for an Arizona second position loan?

Arizona second position loans are available leverage determined after deal review (CLTV). This is calculated using the combined balance of the existing first mortgage plus the new second position loan divided by the property's current appraised value.

How fast can I get a second position loan in Arizona?

Arizona second position loans are approved within 24 hours and fund within 3-5 business days, assuming clean title and clear first mortgage documentation.

What Arizona property types qualify for second position loans?

Arizona second position loan property types include investment properties, rental properties, and commercial real estate. 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. Contact us to discuss your specific property type and equity position.

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