It's all about high cost lending laws, if the costs that *have* to be charged in connection with a loan exceed the legal limit %, then the loan cannot be made.
For the highest chance of finding a lender who deals with the smaller loan amounts I'd start with banks right in Globe. I see there are quite a few smaller community banks, you may want to start with them first since the larger national chain banks may have higher minimum loan amount thresholds.
After a journey of a thousan miles, you are to engage your enemy in battle. What is the first thing you want to make sure if?
The answer was; you want to be sure that the journey was his!
You said that it was a $30,000 LOAN; you didn't say that it was a $30,000 house!
Are you putting some money Down?
Is this a Fixer-Upper?
Two very important considerations.
If you are putting $30,000 down on a $60,000 house, I'm sure you will get it.
If you are trying to buy a $30,000 P.O.S. (piece of --- with no money down and needing extensive repairs? You are not going to get it!
If your situation is somewhere in the middle, with HUD or HOMEPATH you just may do it.
Now you know the right questions to ask.
Good luck and may God bless
You may have to look for owner financing. Either that, or come up with the money some other way. That amount is small enough that you might be able to get some other sort of loan--a personal loan, for instance, for that amount. The interest you'll pay will be higher, since the loan won't be secured--but it's worth a try.
Another possibility is to find an investor to assist you. That might be as simple as equity sharing. Or it might involve the investor buying the property, then selling it to you on terms (bringing it back to owner financing).
Hope that helps.