Mortgage Broker Home
GOOD NEWS FOR MORTGAGE BROKERS
Looking for a hard money loan in Arizona?
Do you have a client you’re unable to place with a traditional lender due
to their credit situation or unique property conditions. Applewood is a wholesale
broker specializing in these hard to place loans providing up to 65% Loan to
Value (100% CLTV) with excellent service and quick closings (as fast as 1-5 days!).
Below are some of the property types we are able to accommodate:
-
Residential, investment, small commercial, industrial, mixed
use
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Manufactured home/land package, construction package
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Single-wides, Double-wides, even pre-1976 (any age in good
condition)
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Property renovations
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Properties with well, septic and/or hauled water
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Short term construction -- new construction (site built)
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Vacant Land (50% LTV)
And here are some frequent client situations we are
able to work with:
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Borrower recently out of Bankruptcy
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Borrowers In Foreclosure
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Bad Credit /No credit- Low or No Fico
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Investor Loans- 100% financing available if the purchase
price is less than or equal to 65% of appraised value!
We value referrals
and our broker relationships.
We invite you to call us and refer
your client to us for bridge financing.
We will
work through you or directly with your client, whatever you chose.
Simply
complete the online "Short
Form Loan Application" mark
the form "I am a Broker" and submit the form by email.
Or if you would rather print the "PDF Version" and
fax the completed "Short Form Loan Application" along
with your brokerage letterhead to Applewood Funding at (480)947-0522.
We will evaluate your information and let you know right away
if we would be able to start the funding process. We can get
a loan finished and funded generally in 7 to 14 days from final
documentation.
If
your client does not have sufficient equity in the subject property
we may be able to still fund the loan by cross-collateralizing
their other properties. Therefore, if you are a broker
located in Arizona, (check with us regarding surrounding states)
we look forward to working with you and getting started today.
We agree up front upon the commission rate you earn. We simply
include it with our fees.
For those especially difficult
transactions see: Urgent / Difficult Deal
For additional
information: BrokerInfo@applewood-funding.com
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