The population in Peoria has been growing steadily in recent years, and this trend is expected to continue. With more people continuously looking for housing in Peoria and the surrounding area, it has become a lucrative opportunity for real estate investors. However, in order to profit from real estate investment, you must first have the capital you need to invest in property.
Very few investors have the capital they need to purchase properties on hand. Instead, most investors will rely on a lender to help them secure the funds they need. Because investment can be competitive, it is important for investors to be able to access the money they need quickly. One of the most effective options available to investors is hard money lending.
About Hard Money Lending
With a traditional real estate loan, you will be required to complete a lengthy application and approval process before you will be able to get the funds you need. You will also need to meet countless requirements related to credit scores, income documentation and more. With hard money lenders in Arizona, however, you won’t need to deal with all of these requirements.
Instead, you will simply submit to a credit check, state your income and get the funding you need for a successful real estate investment.
At Hanson Capital, we are some of the best hard money lenders Arizona has to offer. When you trust us with your financing needs, you can rest assured we will do everything in our power to get you the funds you need quickly. In fact, many of our clients are able to get their hard money loan funded in as little as 24 hours. We offer high LTV ratios, with the possibility of funding up to 85 percent of the asset’s value. Please contact us today to learn more about the application process or to get started.