We are a direct lender, focusing on investments, assets, and the overall client experience.
The Best Kept Secret in Hard Money. Fast Funding & Easy Process
(1st & 2nd Mortgages)
As a direct lender we offer-
Lien position 1st and 2nd Deed of Trust
Pre-Approval in less than 24 hours.
Loan size $70,000 - $5 million
Typical funding in 5-7 days.
Loan Terms 6-36 months
Interest Only Payments
Loans we offer-
Land Loans
Multi Family
Single Family (Including Primary Residence)
Condos
Retail Centers
Office Buildings
Fix and Flips
Bridge Loan
Construction Loan
Grand Funding Recently Funded and Closed
Scottsdale, AZ
2nd Position
$650,000 Loan
Closed in 3 days
San Diego, CA
2nd Position
100,000 Loan
Closed in 3 days
Honolulu, HI
Construction Loan
$2,000,000 Loan
Ground Up Residential
Payson, AZ
Bridge Loan
$250,000 Loan
Closed in 48 hours
Goodyear, AZ
Land purchase
$130,000 Loan
Closed in 7 days
Gainy Ranch, Scottsdale, AZ
Fix and Flip Rehab Loan
$950,000 Loan
Frequenlty Asked Questions about Hard Money
Q: What is a hard money loan?
A: A hard money loan is a type of financing secured by the value of a property rather than the borrower's credit score. These loans are usually provided by private lenders and have higher interest rates compared to traditional loans.
Q: How do hard money loans work?
A: Hard money loans work by using the property as collateral for the loan. The lender evaluates the value of the property to determine the loan amount and interest rate. Borrowers with lower credit scores can still qualify for a hard money loan.
Q: What are the pros and cons of hard money loans?
A: The pros of hard money loans include quick approval, flexibility in terms, and accessibility for borrowers with bad credit. However, the cons may include higher interest rates and shorter loan terms compared to traditional loans.
Q: How can I find a hard money lender?
A: You can find hard money lenders by searching online, attending real estate networking events, or asking for referrals from real estate professionals. It's important to research and compare different lenders to find the best fit for your financing needs.
Q: What is the loan term for a hard money loan?
A: A hard money loan is typically a short-term loan, usually ranging from six months to a few years. The exact loan term will depend on the lender's terms and the specific agreement between the borrower and lender.
Q: How are hard money loans different from traditional loans?
A: Hard money loans are different from traditional loans in terms of approval criteria, funding speed, and terms. Traditional lenders focus on the borrower's credit score, while hard money lenders prioritize the value of the property being used as collateral.
Q: What is the interest rate on a hard money loan?
A: The interest rates on hard money loans are typically higher than those of traditional loans due to the higher risk involved for the lender. These rates can vary but are usually in the range of 7% to 15% or higher.
Q: When should I consider using a hard money loan?
A: You should consider using a hard money loan when you need quick financing for a real estate investment, have a project that traditional lenders don't fund, or have a lower credit score that may not qualify for a conventional loan. Hard money loans can be a good option for short-term financing needs.
HI THERE. WE’RE GRAND FUNDING
Grand Funding is a direct lender that has been serving Arizona and California for over 40 years. The group boasts a rich legacy of achievements, having aided and facilitated the growth of numerous real estate ventures.
At Grand Funding we strive to share in our clients wins, we believe in each client’s project and prosperous future.
We provide customized lending solutions designed to cater to both your present requirements and your future aspirations.
Residential (incl. Primary Residence)
A type of short-term, asset-based financing that is secured by real estate. It's typically used when traditional lending options, such as bank mortgages, are not available or when borrowers need quick access to funding for residential real estate projects. We use the value of the property as collateral, rather than the borrower's creditworthiness or financial history.
New Construction
Are used to finance construction projects, such as building a new home or renovating an existing property. These loans provide funding for construction costs and can be structured to allow for draws or payments as the project progresses.
Bridge Loans
Can be used as a short-term bridge financing option when a borrower needs to close on a property quickly or when there is a gap in funding between the purchase of a new property and the sale of an existing property.
Land Loans
Are a financial arrangement in which a lender provides funds to an individual or entity for the purpose of purchasing a piece of land. Unlike a traditional mortgage loan that is used to buy a property that includes a building, a land loan specifically focuses on the purchase of vacant land or undeveloped property.
OUR MISSION
