Hard Money Lenders in Flagstaff, AZ

Flagstaff is an Arizona city that serves as the county seat of Coconino County. As of 2019, the population of this city was estimated to be more than 75,000. More people are moving to Flagstaff continuously, which has led to a need for more housing in the area. Real estate investors have countless opportunities to build wealth by investing in Flagstaff properties. One of the best tools available to real estate investors interested in Flagstaff real estate is the hard money loan.

About Flagstaff, Arizona

Flagstaff is home to Northern Arizona University, the United States Geological Survey Flagstaff Station, the U.S. Naval Observatory Flagstaff Station and the distribution centers of several large companies, including Nestle Purina PetCare. 

The city is located within the San Francisco volcanic field, and it is situated close to the southwestern edge of the Colorado Plateau. The city was first settled in 1876. It is surrounded by the largest contiguous ponderosa pine forest in all of North America. 

The climate in Flagstaff is categorized as a warm dry-summer Mediterranean climate. From July to September, Flagstaff experiences a monsoon season, with the wettest months being July and August. The driest month in Flagstaff is June. Another wet season occurs in the winter. Flagstaff experiences four distinct seasons. In the winter, temperatures average around 45 degrees Fahrenheit. In the summer months, the average temperature hovers around 80 degrees Fahrenheit. Leaves change color in the autumn, and snow will fall in the winter.

More than 73 percent of the population of Flagstaff was white at the time of the 2010 census. Approximately 12 percent of the population was Native American, and 2 percent was Asian. Approximately 18.4 percent of the population of Flagstaff identifies as Hispanic. The population is well-educated, with more than 90 percent of adults having at least a high school diploma. Nearly half the adult population of this city has at least a bachelor’s degree.

The economy of Flagstaff centers on several key industries, including tourism, transportation, government and education. The Flagstaff Unified School District, Flagstaff Medical Center and Northern Arizona University are among the largest employers in the city.

The History of Flagstaff

After its first permanent settlement in 1876, Flagstaff began to grow quickly. It became the largest city on the railroad line that led from Albuquerque, New Mexico, to the west coast by 1886.

In its early years, the industries in Flagstaff consisted primarily of ranching, railroad and lumber. However, in the early part of the 1900s, tourism began to develop as a key industry in the area. Eventually, Flagstaff became known as the “City of the Seven Wonders.” These Wonders include Wupatki National Monument, Walnut Canyon, Sunset Crater, San Francisco Peaks, Oak Creek Canyon, the Grand Canyon and the Coconino National Forest.

During the 1970s and 1980s, the population of Flagstaff grew as many chose to move to the area because of its small-town atmosphere. The city was redeveloped during the 1990s for the purpose of improvement, as well as to accommodate its growing population.

Flagstaff Continues to Grow

As of 2010, the population of Flagstaff was only 65,870. By 2019, the population was estimated much higher at more than 75,000. This growth indicates that more people are continuing to move to the area, leading to a much greater demand for housing options. The demand for housing includes all types of properties, such as new constructions, renovations of older homes and rental options. For real estate investors, the opportunities in Flagstaff are seemingly endless. 

Flagstaff has a variety of amenities and benefits that continue to draw new residents to the area. It offers plenty of job opportunities and high-quality educational options for families with children. The city is also located close to some of the most celebrated natural wonders in Arizona and the United States as a whole.

Hard Money Lenders in Flagstaff

Tons of people are continuously looking for homes in the Flagstaff area, which means the housing demand will continue to increase. As a prospective investor, you have an opportunity to make substantial profits if you make your move on Flagstaff now. However, it can be difficult to purchase real estate quickly when you don’t have the capital you need on hand. Hard Money Lenders Arizona is here to provide the capital you need almost immediately in the form of a hard money loan.

About Hard Money Lending

Hard money lending differs from traditional real estate lending in several ways. While a traditional loan will require you to jump through many hoops and meet strict credit requirements, hard money loans will not. You will still need to submit to a credit check to obtain a hard money loan, but the requirements are much more flexible. Even if your credit score is low, you can typically secure a hard money loan based on the property’s value. We can also approve your hard money loan based on only your stated income.

Hard Money Lenders Arizona can get you the money you need quickly, much faster than a traditional lender can.  In fact, we may be able to fund your loan in as little as 24 hours. Because the Flagstaff real estate market can be competitive, this is an invaluable benefit. We also offer high loan-to-value ratios to make it easier for you to finance investment property with as little money down as possible. Contact us today to get started!

This offer is not guaranteed if you do not meet our criteria, including credit worthiness, insurability or ability to providing acceptable property as collateral. Terms and conditions apply. Programs, rates, terms and conditions are subject to change and are subject to borrower(s) qualification. This is not a commitment to lend. The content in this website has not been approved, reviewed, sponsored or endorsed by any department or government agency.
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