Don’t let your bad credit stop you from doing what you want to do in life. Bad credit commercial mortgage lenders in Arizona do exist and they can help.
Many of us hated math in school, but let’s face it — our lives are often dictated by numbers. Your ACT and SAT scores decide what kind of college education you can get. The amount of money you bring down a year can dictate your status in society. Your age dictates just about everything else. And, if you want to buy a home, rent an apartment or get financing for a car, your credit score will determine whether you get the loan and what kind of interest rate you’ll be charged.
The same goes for starting a business. Banks reject over half of the funding requests they receive, and much of that is because of low credit scores. So, you just have to resign yourself to working a dead end job until your credit improves, right? Not so fast.
Getting a Commercial Mortgage Loan with Bad Credit
The banking industry might have said “no” but that doesn’t mean you’re out of luck. Plenty of investors out there want to use private money to fund people and enterprises that they think will make money. The banks might look for people with a credit score of 700 or better, but bad credit commercial mortgage lenders in Arizona care about other things.
With a private commercial loan, you put up collateral to secure the loan, so they care more about things like your plan, your passion and your idea. So, bringing a hard money commercial mortgage lender a powerful plan, a solid budget, some experience in the business and a workable piece of collateral, you could walk out with the funding you need to get started. Here’s an important thing to note: the collateral could be an existing property like a home or business or it could be the property you are buying.
Bad Credit? Come to Level 4 Funding
If you’re looking for bad credit commercial mortgage lenders in Arizona in the Copper State, you’ve come to the perfect place. We have decades of experience in the industry and have funded many successful projects. Our interest rates are some of the lowest in the business and we have flexible terms that work for everyone involved. The process is quick and simple, too; give us a call to find out how fast you can get funded.
Level 4 Funding LLC
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave | Austin | Texas | 78701
About: 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.
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