Hard Money Loans for Owner Occupied Borrowers

Owner-occupied hard money loans are considered principal residence Loans, alternative financing, and private money loans. 

Reasons Why Borrowers Use Owner-Occupied Hard Money Loans 

• Bad Credit 
• Hard to prove income 
• Self Employed 
• or dealing with a problem property  
  
  Typical borrowers refinance this loan after qualifying for a conventional or FHA loan. 
  
  Common Uses of Occupied Loans 

• Buying a first or second home. 
• Refinance an existing loan. 
• Cash out for repairs or remodeling. 
• Cash out for debt consolidation.  

Owner Occupied Hard Money Loan Program Options  

100% financing is available if the borrower has another free and clear property, or has a small mortgage with value (substantial equity) to pledge as additional collateral ( aka Cross Collateralized Loan).  

Arizona Hard Money Lender is making real estate loans to both Investors and owner-occupants in Arizona. 

Typical Arizona private hard money programs for owner-occupants are below. 

NO PRE-PAYMENT PENALTY 

Typically, there are no pre-payment penalties on our loans. 

  

PURCHASE 

Down payment: 30% - 40%. 

Up to 60% or 70% of the appraised value 

Up to 100% financing with a 2nd free and clear property as additional collateral. 

  

REFINANCE 

Up to 65% of the appraised value 

Up to 100% financing with a 2nd free and clear property as additional collateral  

ORIGINATION FEE 

            A loan Origination fee of 2 to 6 points (2 to 6% of the Loan Amount).  

Requirements For Owner-Occupied Hard Money Loans 

Income must be able to be verified by a 3rd party source. 

If the owner-occupied loan is considered a "high-cost loan," hazard insurance and property taxes must be impounded for the 1st year of the loan. This is the borrower's responsibility. 

Disclosure laws require us to inform you of the loan terms before signing any loan documents. These are the exact requirements of a traditional bank loan. 

Apply for an Owner Occupied Hard Money Loan 

If you want to see if you qualify for an owner-occupied hard money loan in Arizona, call us today at 602-497-4444 or fill out our loan application to get started. Getting your owner-occupied hard money loan is simple and fast; we do the funding!  So, if we say you're approved, you'd better start packing to move into your new home! 

The owner-occupied Arizona hard money loans program makes it easy for you to get the new home you need despite not having credit, having bad credit, or even if you're not from the United States.   

Owner-occupied home loans using private hard money have easier requirements than investor loans and can benefit from our cross-collateral 100% LTV loan option. 

Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC
Hard Money Lender
Hard Money Loans
Hard Money Loan
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
Dennis@level4funding.com
Dennis Dahlberg Broker/RI/CEO

How to Invest in Real Estate Investing With No Money Down   Learn what it takes to be a flipper and make a lot of moola. The idea of real estate investing with no money out of your pocket is enough to pique anyone's interest. ....... Keep Reading Matt Prosory RI/MLO/Broker NCO Enterprises LLC Dba Setabay Private Hard Money Lender 26731 N 90th Drive Peoria AZ 85383 Telephone: 623-582-4444 NMLS 2062278 NMLS 1118493 Equal Housing Opportunity. This is not a Good Faith Estimate and this is not a Guarantee to lend and should not be considered as such. Costs, rates, estimates, and terms can only be determined after the completion of a full application. This is an advertisement..   Copyright © 2023 Setabay Private Hard Money, All rights reserved. 9 Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.

Are you going crazy looking for a home loan?😁

Having a Hard Time Getting a Home Loan?

Don't Go Crazy Looking For Money Are you having trouble getting a loan? Purchase & Refinance No FICO Considerations Cash Out Refi's - Debt / Home Improvements Self-Employed Borrowers  Bank Statement Loan Owner-Occupied and Investor Loan Long Terms UP to 30 Years Full Amortized Loans from $10,000 to $1,000,000+ No Prepayments Penalties Matt Prosory RI/MLO/Broker NCO Enterprises LLC Dba Setabay Private Hard Money 26731 N 90th Drive Peoria AZ 85383 Telephone: 623-582-4444 NMLS 2062278 NMLS 1118493 Equal Housing Opportunity. This is not a Good Faith Estimate nor a Guarantee to lend and should not be considered as such. Costs, rates, estimates, and terms can only be determined after completing an application.   Want to change how you receive these emails?  8 You can update your preferences or unsubscribe from this list.

Can you get an Arizona Hard Money Loan for Owner Occupied homes?

Owner-occupied hard money loans are considered principal residence Loans, alternative financing, and private money loans. 

Reasons Why Borrowers Use Owner-Occupied Hard Money Loans 

• Bad Credit 
• Hard to prove income 
• Self Employed 
• or dealing with a problem property  
  
  Typical borrowers refinance this loan after qualifying for a conventional or FHA loan. 
  
  Common Uses of Occupied Loans 

• Buying a first or second home. 
• Refinance an existing loan. 
• Cash out for repairs or remodeling. 
• Cash out for debt consolidation.  

Owner Occupied Hard Money Loan Program Options  

100% financing is available if the borrower has another free and clear property, or has a small mortgage with value (substantial equity) to pledge as additional collateral ( aka Cross Collateralized Loan).  

Arizona Hard Money Lender is making real estate loans to both Investors and owner-occupants in Arizona. 

Typical Arizona private hard money programs for owner-occupants are below. 

NO PRE-PAYMENT PENALTY 

Typically, there are no pre-payment penalties on our loans. 

  

PURCHASE 

Down payment: 30% - 40%. 

Up to 60% or 70% of the appraised value 

Up to 100% financing with a 2nd free and clear property as additional collateral. 

  

REFINANCE 

Up to 65% of the appraised value 

Up to 100% financing with a 2nd free and clear property as additional collateral  

ORIGINATION FEE 

            A loan Origination fee of 2 to 6 points (2 to 6% of the Loan Amount).  

Requirements For Owner-Occupied Hard Money Loans 

Income must be able to be verified by a 3rd party source. 

If the owner-occupied loan is considered a "high-cost loan," hazard insurance and property taxes must be impounded for the 1st year of the loan. This is the borrower's responsibility. 

Disclosure laws require us to inform you of the loan terms before signing any loan documents. These are the exact requirements of a traditional bank loan. 

Apply for an Owner Occupied Hard Money Loan 

If you want to see if you qualify for an owner-occupied hard money loan in Arizona, call us today at 602-497-4444 or fill out our loan application to get started. Getting your owner-occupied hard money loan is simple and fast; we do the funding!  So, if we say you're approved, you'd better start packing to move into your new home! 

The owner-occupied Arizona hard money loans program makes it easy for you to get the new home you need despite not having credit, having bad credit, or even if you're not from the United States.   

Owner-occupied home loans using private hard money have easier requirements than investor loans and can benefit from our cross-collateral 100% LTV loan option. 

Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC
Hard Money Lender
Hard Money Loans
Hard Money Loan
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
Dennis@level4funding.com
Dennis Dahlberg Broker/RI/CEO


NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701
Equal Housing Opportunity. This is not a Good Faith Estimate and this is not a Guarantee to lend and should not be considered as such. Costs, rates, estimates, and terms can only be determined after the completion of a full application. Actual payments will vary based on your individual situation and current rates. APR for loans varies from 7.99 - 29.5% and is based on Credit Score, Down Payment, LTV, and Income. Mortgage rates could change daily. For more accurate and personalized results, please call 623 582 4444 to talk to one of our licensed mortgage experts. Terms and conditions of all loan programs are subject to change without notice. Level 4 Funding LLC, 22601 N 19th Ave Suite 112, Phoenix AZ 85027, 623-582-4444 NMLS 1018071 AZMB 0923961 This e-mail is for the exclusive use of the intended recipients and may contain privileged and confidential information. If you are not an intended recipient, please notify the sender, delete the e-mail from your computer and do not copy or disclose it to anyone else. Your receipt of this message is not intended to waive any applicable privilege. Neither this e-mail nor any attachments establish a client relationship, constitute an electronic signature or provide consent to the contract electronically, unless expressly so stated by Dennis Dahlberg RI/CEO, Level 4 Funding LLC, in the body of this e-mail or an attachment. To the extent, this message includes any tax or legal advice this message is not intended or written by the sender to be used, and cannot be used, for legal or tax purposes or advice.
 
About the Author: Dennis has been working in the real estate industry for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 43 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.
© 2022 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions           

Want to be House flipper? Follow this guide.😁

Being a House Flipper Is Easy If You Have a Guide. Learn what it takes to be a flipper and make a lot of moola. 8 Things You Must Do To Be A Successful Home Flipper Want to be a home flipper?  Follow this guide ......... Keep Reading Matt Prosory RI/MLO/Broker NCO Enterprises LLC Dba Setabay Private Hard Money 26731 N 90th Drive Peoria AZ 85383 Telephone: 623-582-4444 NMLS 2062278 NMLS 1118493 Equal Housing Opportunity. This is not a Good Faith Estimate and this is not a Guarantee to lend and should not be considered as such. Costs, rates, estimates, and terms can only be determined after the completion of a full application. This is an advertisement..  Copyright © 2023 , NCO Enterprises LLC, All rights reserved.7 Requested Information Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.