More information here: http://www.northcoastfinancialinc.com/hard-money-loan-lender-faq/
I'm Mr. Bill Gary, a certified, reputable, legitimate & an accredited private money lender.
I loan money out to individuals in need of financial assistance.
Do you have a bad credit or you are in need of money to pay bills?
I want to use this medium to inform you that i render reliable beneficiary assistance as I'll be glad to offer you a loan. No income verifications and no asset evaluations. Please contact now for your Financial solutions. e-mail: firstname.lastname@example.org
Hard money is usually not a good option for end buyers, unless you can refinance out of the hard money in a few months to 1 year. If you need more than that to obtain a regular loan, you should probably try to purchase through other means.
Have you considered looking for seller financing homes? These are homes where the seller is willing to finance the transaction. Interest rates will usually be between 6% to 8% or 9%. They will usually give you between 3 to 5 years to refinance. And they typically require between 10% to 20% down.
You can check seller financing homes in Chandler here -> http://www.myfirsthouseaz.com/index.php?filter=sellerfinanci
You will also be able to check other cities and filter by price range and zip code.
I hope this helps. Good luck!
Jose Dias, REALTOR
Realty One Scottsdale
Hi. here are some hard money lenders on this link: http://lendinguniverse.com/
Here are the least expensive homes (listed first) including bank owned homes iin the Phoenix metro: http://link.flexmls.com/ua943jluwdi,12
Arizona Homes and Land
Licensed Loan Originator
AmeriFirst Financial, Inc.
apply online on my website
Around where I am, hard money costs about 5 points and 15%. You might be able to negotiate that down a bit, but probably not below 3 points and 12%. (It's probably a bit different where you are.) And, again, that's for investment properties. Not primary residences.
I have a hard money lender has low rates compared to other hard money lenders. Let me know if you are interested in more information.
All the best,
Certified Mortgage Planner