Monthly Archives: December 2018

Are Arizona Hard Money Lenders Trustworthy?

The short answer is yes. Arizona Hard Money Lenders offer great alternatives to bank loans and have many unique advantages.

If you’re thinking about applying for a hard money loan, it’s important to have a lot of information to make an informed decision. Researching money lenders is important to ensure you’ll get the loan you need at the rate you want with the benefits you deserve. Arizona Hard Money Lenders have several advantages over banks and are just as trustworthy.

Banks can be tied up in corporate policies regarding rates and payment plans, but Arizona Hard Money Lenders have much more freedom in their work. Large banks can even seem overwhelming and their borrowers have the chance of getting lost in the shuffle. Money lenders help their clients individually, building personal relationships with them and making the loan process easy. If a borrower needs a specific payment plan, his lender can work with him to develop a new plan that fits his needs. A positive relationship between a lender and a borrower is important in the loan process and can help you gain more trust in your hard money lender.

Although the loan process of hard money is different from that of traditional loans, it is just as reliable. Arizona Hard Money Lenders exchange money for your collateral. When you pay back your loan, you will get your collateral back. If a hard money lender grants you a loan, that’s them saying that they trust you to pay it back. Put the same trust in them that they have in you, and your loan process will be simple.

So, there are many trustworthy Arizona Hard Money Lenders out there. However, it is important to be cautious. Just as you research a product before buying it, do your research and make sure the money lender you choose is legitimate. When dealing with money, it goes without saying that carefulness is key.

Level 4 Funding: A Quality Arizona Hard Money Lender

Level 4 Funding is a trustworthy hard money lender based in the Western United States. Offering a wide range of loans from investment to bridge, Level 4 Funding is sure to have the options you’re looking for. They offer reasonable rates and payment plans and will work with you to give you the loan help you need. They can even give you as much as 100 LTV commercial real estate financing!

Apply for a hard money loan from Level 4 Funding from the comfort of your own home.

This lender’s application process is streamlined and modern. Level 4 Funding’s website allows you to apply for a loan online, meaning you don’t even have to leave your house to start your next financial journey. Reach out to this trustworthy lender today to learn more about their loans and rates.



Dennis Dahlber Broker Ri CEO Level 4 Funding LLC
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  

About the Author:  Dennis has been working in the real estate industry in some capacity 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.

© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions

Private Hard Money Lender Fix and Flip, Cash Out, Investment Properties

Direct Hard Money Private Lenders
Fix&Flip, Cash Out, Construction

Over $40,000,000 Funded and YOU ARE NEXT!static picture bigger craig list picture
All of Your Funding Problems are Solved Here!
Get the Lowest Possible Rate Term Guaranteed
Rates From 5.99% APR*



If You Are Not Using Level 4 Funding You’re
Probably Paying Way Too Much

Call  623-582-4444

Private Hard Money Rates and Terms

Flexible Terms From 3 to 60 Months
Fixed Rate From 5.99% APR*
Up to 90% As-Is Value, 100% of Rehab Costs
Construction Loans
Fix&Fip Loans
AirBnB Loans
Rental Property Loans

All The Stress is Gone

No More Begging
No Jumping Through Hoops
No Tax Returns
No Pay Stubs
No Credit Required
No Up Front Fees or Junk Fees
No Cost to Ask Us

What are you waiting for?
Give us a call or apply on line, its easy.
No Cost to Apply!

application

Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC
Private Hard Money Lender

Tel: 623 582 4444   level4funding.com

NMLS 1057378 | AZMB 0923961 | MLO 105737
22601 N 19th Ave Suite 112 Phoenix AZ 85027

What do borrowers say about us?

“Top notch loan broker. who was awesome, quick, prompt, and most importantly, delivered. I would say don’t even waste your time with another broker – these folks get the deal done, period. As a lawyer, they have helped me and many of my clients with a can-do attitude, and professionalism that is unmatched. A definite recommendation.” Paul Nordini

“I was working with a hard money lender (OF) for the past ten days. 24 hours before my loan was supposed to close they called me and told me they were lowering my loan amount by 15%. I called Mark G at Level 4 Funding and told him the situation. If you want work with someone honest and professional call Level 4 Funding today.” Roger Johanson

“After hearing, the good things about this company, I think they are on top of their game. I will keep recommending people I know in Arizona to level 4 Funding.” Rick Carrol

“I was scared and not certain about the deals, but when I talked to my attorney I realized the investment was safe and secured, I was ready to go” David F.

What is Private Hard Money?

It is usually a loan from a private person/individual not a bank for financial institution.  Yes, there are people with a boat load of money in the bank and they want to lend it to you.  This is legal, and it happens all the time. It’s their money and they will make a deal with you.  Its easier and faster because the person making the decision is the person who has the money in their possession. It’s called hard money loan because when the loan is made, the collateral backing up the promise to pay by the borrowers is a hard asset. Typically, a piece of real estate or something of value. It’s a promise to pay, backed up by the borrower’s hard asset. So, its private money from an individual backed up by a hard asset. Which means if the borrowers do not pay, the lender goes and “grabs the hard asset” and the borrower loses the asset (home).

Things to Consider When Obtaining Hard Money Loans

Are you wondering what Arizona hard money loans are and where they fit into your investment strategy? Here are the basics of these types of loans and what they can do for you as an investor.

This type of loan is an asset-based loan.  The borrower wishes to secure a loan backed by real property.  Private investors and companies are typical issuers of these loans.  Unlike banks, Arizona hard money loans can carry higher interest rates.  These interest rates are higher than a convention real estate loan because of the higher risk and the duration of the loan which is shorter than conventional real estate loans.

People using Arizona hard money loans are usually looking for funding for projects lasting from a few months to a few years.  The criteria for lending and borrower costs are similar to bridge loans. In fact, many hard money lenders specialize in bridge loans. Bridge loans are used for properties that are in transition and may not be able to qualify for traditional financing.  An example of a bridge loan is when a home buyer finds a new home they’d like to buy before their old home, which is on the market, sells.

Many hard money lenders will lend 65% to 75% of the current property value. The amount of the loan is determined by the loan to value or LTV. It is figured by the ratio of the loan amount divided by the value of the property. Arizona hard money loans are mainly used for commercial property.  These types of loans first started in the 1950s and have been growing in popularity.

Although mostly unregulated by state and federal laws, some restrictions on interest rates by states, commonly known as usury laws, prohibit hard money loans. Two of these states are Tennessee and Arkansas.

Federal Guidelines

Since the 2009 mortgage crisis and the passing of the Dodd-Frank Act, these loan programs have greatly expanded.  This is in part due to the strict regulations that were put on banks and lenders after the passing of this act. Truth in Lending and Dodd-Frank set out Federal guidelines for lenders, mortgage originators, and mortgage brokers requiring them to evaluate the borrower’s ability to repay the loan.  The ability to repay the loan is on the borrower’s primary residences. If the lender does not conduct the proper due diligence, they are faced with high fines for non-compliance.  Hard money lenders mostly lend on commercial loans or business purposes so that they can avoid non-compliance with TILA, HOEPA and Dodd-Frank guidelines.

Before any offer of financing, the lender will want to determine the LTV (loan to value).  The basis for the loan is the liquidation value of the collateral.

A BPO (Broker Price Opinion) or an independent appraisal by a licensed appraiser in the state that the property is located in, will value the property. Typical hard money loan interest rates range from 5% to 18%.  Despite these rates, investors often turn to them due to quick loan approvals, high flexibility, less documentation than conventional lenders, and offering the ability to put a bid on a property that may go quickly after hitting the market.

Just completed Hard Money Loans

static picture craig list 3static picture craig list 4static picture craig list 5static picture craig list 6

____________________________________________________________________

*All rights reserved. The information contained in this material is neither a promise to lend nor a guarantee. This is not a Good Faith Estimate and should not be considered as such. Costs, rates and terms can only be determined after completion of a full application. Mortgage rates could change daily. Actual payments will vary based on your individual situation and current rates. Products available in Arizona/Texas/Colorado/Nevada Only. For 5.99% APR the borrower needs a FICO > 750, LTV 55% or Less and a DSR of 1.5%. Please remember that we don’t have all the client’s information. Therefore, the rate and payment results shown may not reflect your actual situation. Costs, rates and terms can only be determined after evaluating: 1. Property location, 2. Loan to Value (LTV) based on down payment or equity, 3. Credit Score (FICO), 4. Ability to repay, 5. Your capabilities/experience and 6. Site Inspection and title report. For example: A loan of $250,000 at 6% for 12 months the payment would be interest only payments of $1,250/month for 12 months, balance of $250,000 due at end of loan.  The borrower would have a FICO Credit Score of 740 and a LTV on 55%. Normally, borrowers who apply for the loans, their rate ranges from 8.5% to 13.9%. For a second position loan the rates vary from 18.9%  – 29.5%.  Closing Costs consist of the following: 1. Origination fee, documentation fee, and credit report fee, 2. Escrow fee paid to title company, 3. Title Policy paid to title company, 4. Servicing Setup fee plus monthly fee paid to loan servicing company. These are Non-Consumer, Non-Owner Occupied, Bridge Loans, Construction Spec Homes or Commercial Loans. You are not required to pay any upfront fees.  However, some programs may require you to pay for an Appraisal or BPO.  Appraisals/BPO are handled by nonaffiliated 3rd party and all fees and costs are collected by the 3rd party not by us at Level 4 Funding LLC. You are not required to complete this loan merely because you have received these disclosures or signed a loan application. If you obtain a loan, the Lender will have a mortgage/deed of trust on your property. You will lose your property, and any money you have put into it, if you do not meet your obligations of the loan. You should have sufficient cash reserves and experience to complete the project. As mortgage brokers we offer a wide variety of loan options. You may still qualify for a loan even if your situation doesn’t match our assumptions. To get more accurate and personalized results, please call 623 582 4444 to talk to one of our licensed mortgage experts. Terms and conditions of this and all loan programs are subject to change without notice. Level 4 Funding LLC is licensed in the state of Arizona, NMLS 1018071 AZMB 0923961.

3 Tips for Getting a Arizona Rental Property Loan

Ready to jump into the world of real estate investment as a rental property owner? With the housing market crash firmly in our rearview mirrors, now is a great time to do it. Here are three essential tips to help you get started.

In the third quarter of 2018, 93 percent of America’s major metro areas experienced a gain in prices for existing single-family homes. That’s an incredible statistic and its proof that the market has recovered and then some. It’s also a sign that investing in real estate is a safer bet again.

If you’re interested in buying a property as a rental, you’ve probably looked into financing options. If so, you know that getting financing these days isn’t as quick or easy as it used to be.

Three Ways to Secure a Arizona Rental Property Loan

1. Be a perfect borrower. If you’re going to go through the banks for a good Arizona Rental Property Loan, you’ll need to have the credentials they want. That includes a credit score that’s at least 700 and preferably over 740. They’ll also want to see that you have at least six months of money in your bank account to pay expenses, both investment-related and personal. And, of course, they’ll want you to not have a blemish on your record like a foreclosure or bankruptcy.

2. Make a big down payment. If you fall short when it comes to your credit score, you may also be able to secure a bank loan if you have a big chunk of money to put down. If you’ve got 25 percent to 30 percent of the property’s value to put down, that may be enough to get you the funding you need.

3. Forget about banks. Believe it or not, banks and credit unions aren’t the only way to get a Arizona Rental Property Loan. Arizona Hard Money Loans are secured with collateral and use private funds, so these types of lenders don’t ask you have a perfect history, a high credit score, or a big down payment. They offer more flexibility and you can have funds in your account within a few weeks.

Can I Qualify for a Residential Arizona Hard Money Loan?

If you don’t fit the narrow profile that big banks want in their borrowers or you need to get funding quickly, a hard money Arizona Rental Property Loan might be perfect for you. Give us a call today to tell us about your investment plans and see how we can help you realize them.



Dennis Dahlber Broker Ri CEO Level 4 Funding LLC
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  

About the Author:  Dennis has been working in the real estate industry in some capacity 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.

© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions

Dispelling the Myths About Arizona Hard Money Lenders

We’ll admit it — Arizona Hard Money Lenders don’t exactly have the best reputation. But is that bad rap fair or unfair? Let’s look at some of the myths surrounding Arizona Hard Money Loans.

When you hear the term “hard money lender” you might picture a loan shark or a shady smooth talker who’s looking to separate you from your hard-earned money. In fact, some people still think of these types of loans as predatory. There are a few reasons for that, but the main reason they’ve developed a bad rap is that in the old days there were lenders who took advantage of people.

Some unscrupulous lenders would find borrowers in desperate situations, make them put up their property as collateral and set up terms that were nearly impossible to pay back. Their sole intention was to have the borrower default on the loan so they could seize their property.

These days, though, thanks in part to the passing of the Dodd-Frank Act, predatory and scam-like practices like these are incredibly rare. In today’s climate, we’ve gotten back to what Arizona Hard Money Loans were always meant to be — loans that filled a void the banks weren’t occupying.

How are Arizona Hard Money Loans meant to work?

Banks want everyone who borrows their money to fall into a very specific category. They’ll set strict guidelines, asking you to have nearly a perfect credit score, a healthy bank account, and blemish-free past. Not everyone fits into their restrictive box and that’s where Arizona Hard Money Loans come in. With Arizona Hard Money Loans, you put up collateral, you typically pay higher interest rates, and your terms are very short. As a result, lenders of this type are more concerned with the collateral and your plans — whether its renovations, commercial property, or a fix-and-flip — than your financial situation.

Finding the right hard money lender for your needs

Now that you know what Arizona Hard Money Loans are all about, you might be thinking that getting one is a good move for you, especially if you’ve been told “no” at banks and credit unions. So what are your next steps? We recommend calling, chatting, texting, or sitting down with a hard money lender in Arizona. He or she will be able to listen to your investment plans, look at your situation, and help you figure out the best way to get the funding you need.



Dennis Dahlber Broker Ri CEO Level 4 Funding LLC
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  

About the Author:  Dennis has been working in the real estate industry in some capacity 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.

© 2016 Level 4 Funding LLC. All Rights Reserved.
Copyright | Privacy Policy | *Terms & Conditions