What are Private Money Loans?
 
Private money loans are loans reliant on real estate and method of repayment. They are typically based off the value of the subject property. Private money/ hard money loans are often useful in aiding in financial hardship such as holds on lands, possible bankruptcy or foreclosure. We can still help you with your Private money loans even if you blemished credit or prior bankruptcies are not a major deciding factor in Private money Loans.
 
Contact us today for a speedy decision on your hard money approval.  We reply within 24 hours.  We look at each loan on an individual basis and realize that some situations to call for approval even if there is negative credit history.
 
    •    Quick approvals (24-48 hours)
    •    Speedy Funding (7-10 days)
    •    Loan available from $50,000 to $8,000,000
    •    Simple Pricing
    •    No complicated matrix
    •    No excessive fees
     •    Fixed rate
    •    Interest only for short-term loans (1 to 3 years)
    •    Amortization for longer term loans
    •    Limited Prepayment Penalties
Acceptable Collateral
   
Single Family Residential Properties, apartments, and condominiums:

60%-65% Loan to Value
Commercial Real Estate Properties: Office buildings, Retail, Light industrial, self storage properties.

55%-60% Loan to Value
Land and improved lots:

50%-60% Loan to Value
Joseph Velez  
Commercial Lending Specialist
 Desert Sun Mortgage  
 4301 N. Scottsdale Road, Suite 103  
Scottsdale, AZ 85251
(480) 946-2200 Ext. 116
 
Desert Sun Mortgage: Commercial Lending
 
 
Private money lending with Joseph Velez is quick and seamless.  We offer a breath of products allowing for simplified hard money loan programs.  Our Private Money loans are ideal for real estate investors and small business owners in need of a short-term financial advances for new purchases, equipment upgrades, freedom from financial hardship, etc.  For experienced Arizona private money lending please call us at 480.946.2200.
 
Arizona Private / Hard Money Loans
Our Commercial Lending office represents clients throughout the Phoenix, Arizona area including the cities of Scottsdale, Maricopa, Mesa, Surprise, Paradise Valley, Avondale, Gilbert, Chandler, Glendale, Florence, New River, Fountain Hills, Peoria, Surprise, Queen Creek, Tempe, Sun City, Apache Junction, and Casa Grande. We serve the counties of Maricopa, Yavapai, Gila, Pinal, La Paz, Yuma, and Pima County.
 
PROGRAMS: "SMALL BALANCE" FULL DOC AND STATED INCOME & ASSET
  1.  Quick - Easy - Convenient
  2.  Loan Size Starting at $100,000
  3.  Stated Income Loans Available
  4.  Lower Down Payment required
Contact us immediately for pre-approval! Receive a response within 24 hours.
Email us here
Joseph Velez  
 Commercial Lending Specialist
Desert Sun Mortgage  
 4301 N. Scottsdale Road, Suite 103  
Scottsdale, AZ 85251
(480) 946-2200 Ext. 116
than traditional banks
 
MB# 0908752