Private Money Lenders | Hard Money Loans in Arizona
Incredible landscapes and national parks are not the only things Arizona is known for. The Grand Canyon State offers much more to its residents. With excellent living standards and a booming local economy, Arizona offers many investment opportunities for real estate investors.
As an aspiring property developer or investor, you need to secure an external funding source for your ambitious projects. Whether you’re flipping a distressed property or building a new one from scratch, securing a loan can be highly beneficial.
Learn how Insula Capital Group’s specialized loan programs can help you kick-start your next real estate project.
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Work with Reliable Hard Money Lenders in Arizona
Private lending and hard money lending are two of the best options for a real estate investor. Both options relieve the financial stress that can be a big concern during your project. The type of funding program you require depends on the unique specifications of your real estate project. That’s why it’s crucial to work with a private lending or hard money lending company that can curate a suitable loan plan for you.
Insula Capital Group has served the US real estate market for over 30 years. We offer multiple loan programs in Arizona that are designed specifically for real estate investors. You can enlist the help of our highly experienced and skilled underwriters for any property loan. We offer new construction loans, fix & flip loans, residential rental loans, and multifamily/mixed-use loans.
What Makes Hard Money Loans Great For Your Project
From quick approvals to incomparable flexibility, hard money loans stand out in many ways. Unlike traditional loans, hard money loans don’t have a lengthy approval process, and therefore, these can get you the funds you need quickly during time-sensitive projects.
Moreover, as hard money lenders, we’re more flexible than traditional institutions, and you don’t necessarily need a high credit score to qualify for a loan—we prioritize the collateral’s value.
And, of course, with a hard money loan, you can finance projects that may generally look too high-risk—they’re definitely a great way to take up opportunities that may seem out of reach.
Arizona’s Real Estate Market Insights
Planning to invest in Arizona’s real estate market soon? Keep the following statistics in mind for excellent decisions!
- Population: 7.276 million
- Median Household Income: $72,581
- Migration Rate (into Arizona): 57%
- Unemployment Rate: 3.60%
- Total Properties Listed: 31,642
- Median Sale Price: 435,500
- Annual Increase:4.6%
- Number of Homes Sold: 7339
- Average Days on Market: 41
- Number of Homes Sold Above List Price: 16.4%
- Interest Rate: 8.5%
- Sale-to-list price ratio: 98.1%
- Foreclosure rate: 1 in every 6316 homes
Median Sale Prices Across Arizona
Just Funded Projects
June 2022
Fix & Flip
- Weiser, ID
Purchase Price
170,000
Renovation Budget
59,000
Loan Amount
207,000
After Repair Value
309,000
July 2022
Fix & Flip
- Washington, DC
Purchase Price
255,000
Renovation Budget
80,000
Loan Amount
296,750
After Repair Value
450,000
December 2021
Fix & Flip
- Centerreach, NY
Purchase Price
340,000
Renovation Budget
46,050
Loan Amount
321,300
After Repair Value
459,000
November 2021
Fix & Flip
- Hartford, CT
Purchase Price
149,000
Renovation Budget
70,000
Loan Amount
196,650
After Repair Value
290,000
November 2021
Fix & Flip
- Philidelphia, PA
Purchase Price
130,000
Renovation Budget
105,300
Loan Amount
209,300
After Repair Value
335,000
November 2021
Fix & Flip
- Philidelphia, PA
Purchase Price
62,000
Renovation Budget
60,000
Loan Amount
106,500
After Repair Value
176,000
November 2021
Fix & Flip
- North Babylon, NY
Purchase Price
310,000
Renovation Budget
32,750
Loan Amount
311,750
After Repair Value
495,000
November 2021
Fix & Flip
- East Hampton, NY
Purchase Price
1,250,000
Renovation Budget
577,465
Loan Amount
1,577,465
After Repair Value
2,487,500
November 2021
Fix & Flip
- Jersey City, NJ
Purchase Price
525,000
Renovation Budget
240,650
Loan Amount
848,800
After Repair Value
831,000
What we offer
All Loan Services
New Construction
New Construction
Multifamily Bridge Loans
Multifamily Bridge Loans
Fix And Flip Loans
Fix And Flip Loans
New Construction Loans
New Construction Loans
Investment Property Loans
Investment Property Loans
Rental Property Loans
Rental Property Loans
Cash-Out Refinance Loans
Cash-Out Refinance Loans
Bridge Loans
Bridge Loans
Commercial & Residential Land Loans
Commercial & Residential Land Loans
Commercial Property Loans
Commercial Property Loans
Development Loans
Development Loans
Hard Money Lenders
Hard Money Lenders
Single-family Rental Loans
Single-family Rental Loans
Thousands of Clients Trust Our Company
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Why Invest In Arizona
It’s no secret that Arizona has a diverse and robust economy driven by the healthcare, tourism, and technology sectors. This essentially means there’s a constant influx of jobs and, therefore, people. Needless to say, these people moving into the state need a place to stay, which drives up the demand for housing!
Moreover, thanks to the great climate in Arizona, cities like Tucson and Phoenix are always attracting new residents who are looking for affordable housing. This population growth, combined with the limited housing supply, helps to swell propertyvalues and offers some incredible rental income potential.
It’s also worth keeping in mind that the state has a very pro-business environment and some amazing tax-friendly policies that further help investors, especially those investing in metropolitan areas.
And, of course, Arizona is known to be the ultimate spot for those looking to retire, and needless to say, more and more seniors are looking to buy homes in Arizona!
Ready to apply for a hard money loan?
Frequently Asked Questions
Applying for a hard money loan in Arizona with Insula Capital Group involves a very straightforward process.
You will start by completing the online application form. Once submitted, the application will be reviewed by our loan experts, who will then reach out to you for a detailed consultation. Our representatives will help you choose a loan program that aligns with your financial goals and will work on tailoring the contract for you.
Once the consultation is complete, we’ll quickly process the loan so that you have access to the funds you need without any delays.
The interest rate for your private money loans is calculated based on several factors after our comprehensive evaluation process. From your payment history to your credit score and other factors, there are several considerations.
What’s important to keep in mind,though is that there are no fixed interest rates, and we evaluate each application individually to make sure the terms are fair and tailored for your financial profile. Moreover, the entire process is transparent, and the interest rates we come up with are competitive, ensuring you can reach your financial goals without any hurdles.
No, you won’t incur any prepayment penalties when settling your hard money loan with Insula Capital Group ahead of the deadline. We prioritize flexibility and transparency in our lending practices, aiming to provide borrowers with the freedom to manage their finances effectively.
Our commitment to fair and borrower-friendly terms means you can pay off your loan early without worrying about additional charges. At Insula, we value your financial success and offer a hassle-free experience with no hidden fees for responsible and prompt loan repayments.
Top Hard Money Lenders Loan Cities in Arizona
Get Your Hard Money Loan Approved in 24 Hours
Insula Capital Group is dedicated to providing reliable and transparent lending services. Investors across Arizona can benefit from our quick approval times and flexible loan terms any time they want. Our experts underwrite specialized loan contracts in-house, enabling them to address your specific needs within 24 hours. Feel free to go through our just-funded projects to learn more!
You can contact our private money lenders to get started.
