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
Properties with well, septic and/or hauled water
Vacant Land (50% LTV)
And here are some frequent client situations we are able to work with:
Borrower recently out of Bankruptcy
Borrowers In Foreclosure
Bad Credit /No credit- Low or No Fico
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