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Prevent a Foreclosure in Arizona

Get CASH From Your Home When Others Wont Approve A Loan: Stop Your Foreclosure and Stay In Your Home!

Financial distress can affect anyone, even if you have planned carefully for every possible scenario. You may lose your job, the economy may shift or you may face unexpected expenses that stretch your budget to its limits. Regardless of the cause, you need to find a way to fix your financial situation quickly, before it gets worse.

For most homeowners, the cost of the mortgage is the biggest monthly expense on the list. If you are struggling financially, this means your mortgage is also the most difficult expense to pay. If you cannot find a way to reduce this expense and/or improve your overall financial situation, you may feel like you have no choice but to sell your home and move, even if you want to stay. You may even be unable to sell your home and on the path to foreclosure. Fortunately, a loan from Hard Money Lenders Arizona can solve all of these problems. There is HOPE and Hard Money Lenders Arizona has quick solutions to help people stay in their homes/borrow money based on their equity when others won’t approve loans.

Get Funded Today

If you prefer to email us, fill out the form below and an associate will contact you to review the loan scenario and provide a quote.

Traditional Options to Stop Foreclosure

Traditionally, you have several options that may allow you to stop foreclosure and/or improve your overall financial position enough to be able to afford your mortgage. These options include:

HMLAZ

Refinancing

If your home mortgage payment is your largest expense, refinancing for a longer term and a better interest rate can help you to lower your monthly payments. Alternatively, if you have a substantial amount of equity in your home, you may also be able to use a cash-out refinance to take advantage of some of this equity and pay your other debts. However, qualifying for a refinance loan is similar to qualifying for your initial mortgage. You will have to jump through a number of hoops, showing that you have good credit and reliable income. The process is lengthy, and your new mortgage will not be approved if you cannot meet every requirement.

Borrowing on a home equity line of credit

If you have equity in your home, borrowing on a home equity line of credit is one of the best ways to get extra money, pay it back at a fair interest rate and improve your financial position. However, as with a refinance, qualifying for a home equity line of credit is not always easy. You will need to have a decent credit score, a good credit history and the ability to verify your income. If you cannot meet these requirements, it is unlikely that you will be able to qualify for a home equity line of credit.

Getting a personal loan

Getting a personal loan is one option that allows you to take out some extra cash and pay it back over time. However, if your credit is poor and/or you can’t verify substantial income, qualifying for a personal loan may be difficult or even impossible. If you do qualify for a personal loan with poor credit, your interest rate will likely be high.

Using credit cards

If you have good enough credit, you may qualify for credit cards that you can use to cover excess bills temporarily. However, credit cards come with extremely high interest rates, and it is all too easy to accumulate debt. Using credit cards may even worsen your financial situation in the long run and is rarely recommended to anyone experiencing serious financial problems.

Filing bankruptcy

Filing bankruptcy can stop the foreclosure process, and your home may even be considered an exempt asset for the purposes of bankruptcy. However, you may still end up losing your home in the end if you cannot afford to bring your loan current and resume your payments when the bankruptcy ends.

Contact Hard Money Lenders Arizona anytime, to speak with one of our very helpful and highly knowledgeable loan specialists about your property investment funding in Arizona
Hard Money Lenders Arizona
Excellent
4.9
Based on 212 reviews
Krish S.
Krish S.
I needed a fast, hard-money lender in Arizona for a fix-and-flip. These guys were fantastic! Straightforward process, honest communication, and being super responsive throughout the closing. Highly recommend!
Emiliano Z.
Emiliano Z.
It was quite easy to work with this hard money lender. They responded to all of my inquiries promptly and with remarkable responsiveness. made a difficult issue lot simpler. Strongly advise.
Response from the owner: Thank you!! We ar where to help.
Marco L
Marco L
The team at Hard Money Lenders made the entire process smooth and stress-free. They were responsive, knowledgeable, and truly cared about finding the best solution for our needs.
Shane R.
Shane R.
Five stars for Michael and his team. They closed our hard money deal for our client so smoothly and quickly, you’d think they used magic instead of paperwork. Efficient, communicative, and competitive. Highly recommend for a stress free hard money experience.
Response from the owner: Shane , it was awesome getting this deal done for you and for your client. I'm extremely grateful for your referrals and looking forward to doing more deals with you in the future!
m H.
m H.
Michael and Lara were fantastic to work with. This was our first hard money deal and we had 30 days to close on our Mesa warehouse. We ended up closing in only 18 days, and only because we were delayed in getting proof of building insurance. They could have funded us in around 10 days which is crazy fast! Michael was super friendly, always available by phone, and helped explain and guide us through the entire process. It was smooth and fast from day 1. Entire underwriting process was easy and fast. This will be the first of many deals we'll do with them from now on, so we can make more competitive all cash offers. I really liked working with this group and highly recommend.
Response from the owner: Thank you so much for the kind words. You were extremely helpful as well and allowed us to close it quick because of your communication as well. I am excited to do many many loans for you and this was just the first of many. Appreciate your business immensely !
Harold P.
Harold P.
Worked directly with Michael and let’s just say the approval process exceeded my expectations as far as timing went and frankly the entire process.The speed at which Michael’s team worked at allowed us to close the deal in less than 3 weeks.Ready to make the next deal, let’s go!
Response from the owner: Thank you so much Harold! you made it easy and I know this will be the first of many deals!!
Derrick G.
Derrick G.
Brought one of my investors to Mike and he did an amazing job. Execution and knowledge was on par. Adjusted to a significant change with the COE and didn’t even hesitate. Great asset to have in your corner!!
Response from the owner: Thank you so much Derrick! You made it so easy and helped so much! VERY much looking forward to doing deals with you and your clients!!!
Adleigh B.
Adleigh B.
Hard Money Michael knows his game inside and out. True player in the real estate industry with vast knowledge & even bigger & better network. He has been incredibly helpful to me & my partner and we couldn’t have done it without his help & expertise.
Response from the owner: Thank you Adleigh it was a delight to work with you!!!
Daniel P.
Daniel P.
Working with Michael has been an extreme pleasure. Michael and his team are truly dependable, true to their word, and efficient, and performed in a manner that was quicker than expected. All requirements were met and we were able to close without delays.I highly recommend everyone to work with Michael and his team and insist on working with Laura, Michael’s loan processor’ whom without her diligence, our loan probably would’ve been delayed.Together they are an amazing team.
Response from the owner: Thank you so much Daniel! You were extremely helpful in making this possible!! Looking forward to working with you many more times!
Ray S.
Ray S.
Best in the business...never would use anyone else. Professional and knowledgeable. Honest and informative.
Response from the owner: Thank You Ray! You were very helpful, responsive and super easy to work with. Cant wait for our next deal!!
geoffrey B.
geoffrey B.
michael was great. his entire team worked seamlessly together to get me funding in record time. a straight up and honest guy, hard to find in todays world. 100% would do business with him again.
Ryan M.
Ryan M.
Michael is a winner! Work with him and he’ll for sure do his best to help you and your client close no matter how harsh circumstance becomes. My client now gets to keep his home because of a HardMoney loan. On to the next deal!
Response from the owner: Thank you Ryan. Was a fun one to work on and I appreciate you thinking of me!
Brett H.
Brett H.
Amazing Experience w/ Michael. Very professional Speedy & detailed. Delivered on time & was very great with communication and process.
Response from the owner: Thank you Brett! Can't wait to do more deals with you!!
Sean C.
Sean C.
I had the pleasure of working with Michael to secure a loan for our home. He was able to gather our information, and close, record, and fund the loan within 10 days! the process was the least painful loan process I've experienced. The timing was perfect, we needed the good news and the great experience. Thanks again Michael we really appreciate it.
Response from the owner: Sean, thank you so juch!! Was a true pleasure to work with you. You made me look good! Looking forward to working with you again!!!
John B.
John B.
Michael is a pleasure to work with. He strives to make sure every aspect of the lending process is made clear and works hard to make sure things get taken care of ASAP.
Taylor S.
Taylor S.
Michael gets it done! If there is a deal that has any obstacles, like one I was recently working, Michael is a true deal saver. Highly recommend.
Response from the owner: Thank you Talyor! This will be the first of many to come!
Levi D.
Levi D.
Absolutely the best lender I have worked with thus far. Straightforward, efficient and personable. I will only be using this lender from now on!
Response from the owner: Thank you so so much. It was great meeting with you and I hope this is the first of many deals we do together!!
Emily M.
Emily M.
We had a wonderful experience with Michael Iuculano. The process for our loan was only about 2 weeks start to finish. They found us the perfect lender for our project with terms that were agreeable to all parties. He was super responsive to all of our questions and understood what we needed from the beginning. We will definitely be working with him again!
Response from the owner: Emily, thank you so much to you and Luke. I am ecstatic to have been able to do this deal for you and very much looking forward to being your go to Guy!!
Justin B.
Justin B.
Quick and responsive! Definitely educated me on what I needed to make things happen! Thank You Guys!
Response from the owner: Justin, very much appreciated! Thank you and looking forward to working with you again!
Jacque M.
Jacque M.
Michael was amazing! He closed my transaction in three and a half weeks without any hiccups. Diane Chamberlin, his assistant, was also extremely helpful and expedited the process. I would highly recommend!
Response from the owner: Thank you Jacque, it was a pleasure working with you and glad to have been able to help!
Greg L.
Greg L.
Easy process and quick turnaround. Mike and his team made it easy.
Response from the owner: Greg, Thank you so much for the opportunity to help your clients! We look forward to working with you again soon!
Osiel A.
Osiel A.
Tim D.
Tim D.
All I have to say is that Mike is well known and I’ve worked with him in the past, as well. He will get it done. In this case we had 48 hours. He got it out and signed in 24 hours, from the time I brought it to him. Saved customers house. Fantastic job, Mike.
Response from the owner: Tim, we appreciate working with you again and as always. You made it very easy and we are delighted with the result!
David R.
David R.
I read Michael's ad in a home buying magazine and after having two other loan "order takers" just give up, I decided to give him a call. Best thing I could have done. Working with Michael is such a great relief because he gets that not every loan is some "cookie cutter, fit the formula" type of transaction. He takes the time to ask questions and find out what the goal of the loan is. In my case it was to unlock equity in other properties so I could better leverage my rentals. Michael had the knowledge and contacts to get my loan completed, and offered a few different solutions .Michael's assistant Lara made sure everything got done right, and on time. She is great to work with, and responded quickly to any question I had. Together they make a great team and I look forward to working with them in the future.
Response from the owner: David, thank you so much for your reply. We loved working with you and you were extremely prompt and responsive so it's certainly made it easier and faster. We are looking forward to working with you again soon!
Sean M.
Sean M.
Michael Luculano and his team are nothing short of miracle workers in making a complex deal easy.My wife and I were recently visiting Scottsdale for her birthday and had decided to look at a few homes. Nothing immediate, just getting ideas for the future. Then on the last day we run into the perfect new construction home, only problem is we weren't prepared to buy. Most of our long-term funding was tied up in our home back in Oregon and to complicate things further, the seller had another cash offer on the table and a ridiculously fast 3 week closing requirement to secure the property.So, we took a leap of faith and called Hard Money Lenders with Barrett Financial and got Michael on the phone. That quickly took us from an impossible deal to closing on our new home in record time. Michael clearly communicated all the terms and numbers up front. And being such a rapid deal with a large amount of escrow on the line, he personally checked in with us daily.We have worked with a lot of great people in the real estate and mortgage industries for over 30 years and have to say that Michael is one of the top professionals we have ever met. A true expert in mortgage and bridge loans / private lending. Even better, it was clear to us every day that Michael truly cares about his clients. Best phone call we could have ever made.Thank you, Michael and Lara, for helping us make this North Scottsdale dream a reality!
Response from the owner: Sean, it was an honor to get the opportunity to work with you. I take my clients very seriously and it was awesome to work with you on this and earn the right to share in your joy. You were very responsive to all my calls and you were definitely a contributor in the outcome. I appreciate this opportunity immensely and welcome to Arizona!
Steven S.
Steven S.
I had a great experience working with Michael. He was quick, communicative, and professional. The whole process was easy and I got my funding very fast.
Response from the owner: Steven, we appreciate you so much. You were amazing to work with and super responsive. Thank you so much for the business and the trust! We look forward to working with you again soon!
Cindy D.
Cindy D.
Excellent service! Michael was able to close our loan at a lower interest rate than originally quoted, as an added benefit to the already pleasant experience of working with Michael & his team. We closed ahead of time, no suprises, no drama, just positive results. The professional, dedicated staff was impressive as well. For positive results, this should be your mortgage choice.
Response from the owner: Cindy, it was an absolute pleasure to work with you and you certainly made it easier by being so thorough. Thank you so much and we hope to work with you again soon!
Darlene L.
Darlene L.
Mike was so very helpful in getting a loan for my new house! THANK YOU!
saleh abd al H.
saleh abd al H.
Michael, thank you so much you made this process so easy, I really appreciate it so muchSaleh.
wyatt A.
wyatt A.
Recently used Mike for an investment purchase. Everything went smoothly. All fees were disclosed up front and matched at closing. Definitely using them again!
John H.
John H.
Micheal my guy straight handled business in a timely fashion I like to say thanks to you and your staff . Highly recommend
Sabria W.
Sabria W.
Pleasant experience very professional and simply gets the job done, I look foward to our next deal.
Doug
Doug
Awesome lender that made things really simple to work with. Went above and beyond to get us a higher LTV than most of the other well-known lenders and had a quick close. Highly recommend using them!
Steven R.
Steven R.
Working with Michael was an absolute pleasure. I have done a lot of real estate transactions over the years and appreciate it when someone cares about their customer and getting the deal done on time and at the terms I was quoted. There are many bait and switch lenders out there but Michael and his team were always available when I had a question and when a potential issue popped up he was on it even while on vacation to get it resolved. That’s the type of service I expect and appreciate. Highly recommend if you’re looking to finance a deal.Steven
Ernest K.
Ernest K.
Pablo R.
Pablo R.
Michael and Lara were so easy and amazing to work with. On top of that, Michael really values relationships and will make sure what he says is delivered. Anyone looking for a hard money team, THIS IS THE ONE!!
Celly D.
Celly D.
Michael and his team were very professional and extremely proficient and were able to find a solution for my client when no other lender could not! Highly recommend him!!
Jean P.
Jean P.
Michael provided excellent customer service. I would recommend him to anyone. Thanks for your help and fast prompt service.
H R.
H R.
Mike and his team are fantastic! Helped save a deal from falling out.
JOE D.
JOE D.
Made loan easy. I love it
Deborah R.
Deborah R.
Michael and his team are amazing. I want to tell you that you cannot find a better broker who has the patience of a goat. Michael works tirelessly for his clients. I thought I was getting on his nerves but he is a seasoned professional and got the deal done. He is super fast 48 hours and it was done. He's simply the best. If you go anywhere else the experience will not be the same because Michael is compassionate. Thank you.
Javier. G.
Javier. G.
Mike was amazing. Super easy to work with. I am going to use them for all my future projects.
Daniel F.
Daniel F.
Great experience! Very fast and professional. Thank you, Michael!
Khalid M.
Khalid M.
Michael got my loan done in the agreed upon time despite us encountering some hiccups along the way. Stayed in touch and didn’t let me feel uneasy through the entirety of the loan process. If you need something done quickly. Call Michael.
Christy C.
Christy C.
Michael and his team were so great to work with. He was so genuine and easy to communicate with! He helped us navigate our first hard money loan from start to finish. The closing was very fast & efficient - they were able to get it done in 9 days. We couldn’t have asked for a smoother process or better people!! Thank you again!
Robert W.
Robert W.
Mike was outstanding, exceeded my expectations with price, terms and timing…. As a seasoned finance & real estate professional that’s SUPER critical of lenders, I couldn’t have asked for a better experience!
Chad W.
Chad W.
Michael was fantastic to work with to get a touch deal done on a tight deadline. He was quick, responsive, and he ultimately delivered for us. I’d highly recommend you reach out to Michael for all your alternative financing needs!
Phillip C.
Phillip C.
Reached out to Michael to discuss my situation received prompt and professional advice and guidance. Loan process was quick and easy closed in a few days. I would recommend Hard Money Lenders when you need a helping hand.
Ryan R.
Ryan R.
Great people to work with. Michael made the process very easy. I needed to close in just a few days and they made that happen. Will work with them again for sure!!
Carmen S Renteria TruVision G.
Carmen S Renteria TruVision G.
Michael was amazing and definitely saved my deal meeting a very short deadline we had! He offers a very simplified and efficient loan process.All while being prompt and having excellent communication from beginning to end!
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How a Hard Money Loan Can Help

When none of the above solutions are appropriate, you may feel like you have no good options. You may think foreclosure is inevitable and that you should just let it happen. Alternatively, you may decide that your only choice is to put your home on the market and hope for the best. However, another option may be available.

A hard money loan can give you the cash you need to pay your excess bills without losing your home. This can stop foreclosure, allowing you to remain in the home you love. In addition, with the cash you need in-hand, you will be able to get rid of the financial burdens that are weighing you down so you can enjoy a better financial situation in the future.

A hard money loan can also be helpful in situations where your home is not in danger of foreclosure but you need cash for another reason. For example, if you need to have an expensive medical procedure but you cannot qualify for funding from another source, a hard money loan can get you the cash you need without forcing you to sell your home.

When Is a Hard Money Loan Appropriate?

A hard money loan may be an appropriate option if you are a homeowner struggling with a difficult financial situation that could be resolved with some extra cash. A hard money loan may also be a good option if you need some extra cash and you can’t qualify for a cash-out refinance or a home equity loan.

To qualify for a hard money loan, you must own your home. Renters cannot use this type of financing. In general, hard money loans are most appropriate for home owners who also have a significant amount of equity in their property, ideally at least 50 percent. Using the money from your hard money loan, you will be able to get your finances back in order quickly and move on with your life.

How Hard Money Loans Work

A hard money loan allows you to get the extra cash you need without resorting to the permanent sale of your home. If you choose to do a hard money loan instead, you will temporarily sell your home to the lender for a fair amount. The sale will include a detailed agreement with a specific timeline and payment schedule that will allow you to buy the home back at a predetermined price. During this time, you will be able to stay in your house even though you are not the legal owner. When you are struggling financially, this gives you the time and resources you need to recover without giving up your home.

At the end of the timeline, you will recover ownership of your home as long as you have met all payment requirements. However, if you are not able to pay off the loan and purchase your home back in the amount of time specified by your agreement, the lender will become the home’s legal owner.

Hard Money Loans with Hard Money Lenders Arizona

Choosing to take out a hard money loan from Hard Money Lenders Arizona is one of the easiest ways to get extra cash and rebuild your finances. When you work with our company, we will purchase your home for a fair price in “as is” condition. You will receive the funds within days of signing the agreement, allowing you to begin your financial recovery as quickly as possible. We have designed the process to be simple and painless so you can get nearly immediate financial relief with minimal effort.

Many homeowners who utilize our hard money loans have no trouble paying off the loan in time and recovering ownership of the home. However, if you are unable to repay the loan by the specified period of time, Hard Money Lenders Arizona may still be able to help you. Although we will become the legal owners of your property, we are often able to rent these properties back to the original owner so they can stay in the house they love.
Our process is straightforward and easy to understand. Unlike a traditional mortgage loan or refinance, we will not drag the process out for weeks or months, asking you to provide mountains of documents to support your ability to repay the loan. Instead, you can have the cash you need to begin rebuilding your finances quickly and with very little effort on your part.

Some of the specific benefits of a hard money loan from Hard Money lenders Arizona include:

No stringent income verification

Hard Money Lenders Arizona will not require you to meet unreasonable income verification requirements. Even if you cannot document enough income to qualify for a traditional mortgage, you can still get a hard money loan.

Poor credit is okay

Most lenders require you to meet minimum credit score guideline and explain any negative entries on your credit report. Hard Money Lenders Arizona will not subject you to this requirement. Even if you have a low credit score, you can still qualify for a hard money loan.

A shorter process

When you need money to pay your bills and avoid foreclosure, the last thing you want to do is wait on a lender. We move quickly so you can get access to the funds you need fast.

Prevent a Foreclosure in Arizona: Contact Hard Money Lenders Arizona Today

Hard Money Lenders Arizona is proud to provide real estate loan solutions to both residents and investors throughout the state of Arizona. We are a top-rated Arizona lender with a reputation for providing outstanding customer service and innovative loan solutions. If you are struggling financially and you think a hard money loan would help, Hard Money Lenders Arizona would love to help you explore your options.
Please contact us today to learn more about our loan solutions or to begin the application process.

Call Us At (480) 576-5788 or click below

Google Rating
4.9
Based on 212 reviews
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