Arizona Hard Money Lender
Hard money is what the industry calls it. Private capital is what it is. Either way, it is how Arizona investors, builders and business owners close when a bank cannot.
- Loan size
- $50K–$25M
- Position
- First deed of trust
- Term
- 6–24 months
- Structure
- Interest only
- Where
- Arizona only
Pricing is set deal by deal, on the property, the leverage and the plan. Call and we will talk about your numbers.
A hard money loan is a short-term loan secured by real estate and underwritten on the property first. The value of the collateral and the strength of your plan carry more weight than a scoring model, which is why hard money closes on the timelines real deals run on.
Kenwood Mortgage Investments has made hard money loans on Arizona real estate since 1992. We are a family company in Scottsdale. When you call, you reach a decision maker who reads your deal, looks at the property, and tells you plainly whether it works.
What an Arizona hard money loan from Kenwood looks like
- Loan size: $50,000 to $25,000,000.
- Security: a first-position deed of trust on the property.
- Term: 6 to 24 months, interest only.
- Purpose: investment and business-purpose real estate in Arizona.
- Pricing: set deal by deal, on the property, the leverage and the plan.
Hard money loans we make
- Fix and flip hard money loans: up to 70 percent of after-repair value and 85 percent of cost, with rehab draws advanced before each phase.
- Hard money construction loans: ground-up builds up to 72 percent of finished value, with Fund Forward advance draws. Owner-builders and ROC-licensed contractors both welcome.
- Commercial hard money loans: office, retail, industrial, restaurants and mixed use, up to 80 percent of value.
- Residential bridge loans: investment homes up to 80 percent of value, for purchases, cash-out and repositioning.
- Hard money land loans: residential land up to 70 percent of value, commercial land up to 65 percent.
- Multi-family hard money loans: duplexes to apartment buildings, funded through the renovation and lease-up.
Why Arizona borrowers use a hard money lender
A bank underwrites a checklist. Non-owner-occupied, an LLC borrower, a property that needs work, a seller who will not wait: each one is a reason for a bank to slow down or say no.
A hard money lender underwrites the deal. We price what the property is worth, what your plan makes it worth, and how the loan gets repaid. When those answers hold up, the loan gets made.
How to get a hard money loan in Arizona
- Call (480) 783-8800 or send a Quick Quote with the property address, the price, and your plan.
- We look at the property and the numbers, and you hear back from a decision maker, not a processor.
- You get terms in writing. When they work for you, title opens and we close.
What we do not do
We do not make consumer loans or loans on owner-occupied homes. We do not make long-term rental loans; we are the bridge that gets you to your long-term lender. And we do not lend outside Arizona.
Loan figures above are program ranges. Every deal is priced on its own fundamentals. This is not a commitment to lend.
Commercial Loans
Commercial capital that moves when the deal does, from people who have underwritten Arizona property through every cycle since 1992.
View programConstruction Loans
Ground-up capital that moves with your build. Draws advance before the work starts, and the structure is shaped around your schedule.
View programFix and Flip Loans
The house is right, the numbers work, and the seller will not wait. This is the loan for that moment.
View programLand Loans
Land financing starts with the parcel and your plan for it. We have underwritten Arizona land since 1992.
View programMulti-Family Loans
From a duplex in Mesa to an apartment building mid-turn, capital sized to the property and the plan you have for it.
View programResidential Loans
Capital for the investment house between where it is and where you are taking it. Purchase, cash out, or reposition. Investment property only.
View programHow much can I borrow on an Arizona hard money loan?
Our hard money loans run from $50,000 to $25,000,000. The amount on your deal depends on the property's value, the program, and your plan: up to 70 percent of after-repair value on a fix and flip, up to 80 percent of value on residential and commercial bridge loans, and up to 70 percent on residential land.
What credit score do I need for a hard money loan?
There is no minimum score. We look for a fair read of how you have handled obligations, and strong collateral with a clear plan can carry a file with imperfect credit. Nothing carries a file with an unrealistic value.
How fast can an Arizona hard money loan close?
Our capital is private and committed before you sign, so there is no committee between a yes and a wire. Most loans close within days of a clear preliminary title report. Tell us your deadline on the first call and we will tell you honestly whether it can be met.
Is hard money the same as private money?
In practice, yes. The industry uses both names for the same thing: a loan secured by real estate and funded by private capital instead of a bank. Call it either one when you call us.
Do you make hard money loans on owner-occupied homes?
No. We fund investment and business-purpose real estate only. If the property is your home, or the money is for personal use, we are not the right lender.
Do you make hard money loans outside Arizona?
No. Arizona only, on purpose. We inspect our own collateral and know these markets street by street, and that judgment is only worth something where we have it.