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.

PHOENIX · 2ND POSITION LOAN

Phoenix 2nd Position Loan Loans

Keep your low-rate first. Add a junior lien up to 75% CLTV. Funds in 7-10 days. Better than refinancing if your first is sub-5%. Funding Phoenix investors from Arcadia, Biltmore, Camelback East, Encanto, North Central and across Arizona.

Call Logan: (602) 935-0371 Get Pre-Approved →

2nd Position Loan loans built for Phoenix deals

Phoenix is the fifth-largest city in the United States and the engine of Arizona real estate investing. Inventory turnover is fast, cash buyers are common, and renovation timelines are tight. Investors closing deals here need a lender who can issue a term sheet in 24 hours and fund in 3-5 days.

Market context: The Phoenix metro saw $4.2B in fix-and-flip volume in 2024. Median ARV margin on flipped properties was 22%.

Who this loan is built for

Investors who have a low-rate first mortgage they don't want to lose, but who need access to property equity for a deal or capital event. Common Phoenix use cases include fix-and-flip, buy-and-hold rentals, ADU additions, 1031 exchanges.

Loan terms at a glance

→ Loan range: $70K-$2M
→ Rate from: 11.99%
→ Maximum CLTV: 75% CLTV
→ Term: 12-24 months
→ Approval: 24-hour term sheet
→ Funding: 3-5 business days standard
→ Income docs: None required (asset-based)
→ Coverage: Statewide in Arizona, including Phoenix

Common questions from Phoenix investors

Why would I take a 2nd position instead of refinancing?

If your first mortgage is at a low rate (3-5% range), refinancing means losing that rate. A 2nd position loan keeps the first untouched and adds a smaller second lien for the cash you need.

Up to what CLTV can I borrow?

Combined LTV (first + second) capped at 75% of property value. Logan reviews each deal — strong borrowers can sometimes go higher.

Does the first lender need to approve?

We notify the first lender as a courtesy but their consent isn't required as long as your first-mortgage docs don't prohibit junior liens (most don't on investment property).

What's the typical use case?

Equity for a new acquisition, rehab capital on an existing property, paying off higher-rate debt, or business capital event. Logan structures around your specific use.