Arizona Loan Program
Construction Loans in Arizona
Commercial Loans
- Loans up to $1,000,000
- No loan is too small
- First liens only
- 7.99% – 10.99%
- No Pre-Pay Penalty-Call for Minimum Interest Requirements
- No Junk Fees
- No Appraisals on Smaller Loans
- Same Week Funding
- Loans up to 65%
Best for Best Program
Your Best Properties
for Our Best Rates
These are 2-year step loans:
Year 1 – 7.99%
Year 2 – 8.99%
LTV 50%
Property Types
Maricopa County, Commercial and NOO residential properties:
- Non-Owner Occupied Residential
- Retail
- Office
- Mixed-Use
- Multi-Family
- Lite Industrial
- Flex Space
We will make some exceptions, especially if the property is owner occupied commercial.
Recent Success in Arizona
FIX AND FLIP IN MARICOPA COUNTY, AZ
- Loan Amount * $260,000
- Rate * 8.99%
- Appraised Value * $400,000
- Term * 9 months, IO
- Lien Position * First
Our Commitment to You
We do reserve the right to change the terms of the program or withdraw it at any time. However, if we quote a loan, we will live with what we quoted – no last minute changes provided the lending scenario is as first represented.
Call (623) 238-0404 today for a fast and fair response
This is not a commitment to lend, and some restrictions may apply. Products not available to consumer credit residential owner-occupied borrowers and some commercial properties. Not available in all states. All loans are made in compliance with Local, State and Federal laws. ReProp reserves the right to amend guidelines, rates and LTVs at its sole discretion. Products are subject to current appraisals underwritten by and acceptable to ReProp as described. Arizona Mortgage Broker License: 0927323.
ReProp Financial – Your Go-To Alternative Commercial Real Estate Lender in Arizona
The 2008 Great Recession sounded the death knell to mainstream commercial real estate lenders not only in Arizona, but the whole country. With the emergence of government-sponsored legislation like the Tier 1 Capital regulations and the high volatility commercial real estate (HVCRE) rules, the banking industry is increasingly wary of financing new clients. Whenever they do, they make it a point to demand steep terms to be eligible for their loans. Alternatively, it tends to be much easier and convenient to secure alternative commercial real estate financing. This is simply due to the fact that establishments like ReProp Financial in Maricopa County, Phoenix, and Tucson are in no way affected by these new regulations.
Most of the private lenders in Maricopa County, Phoenix, and Tucson now leverage advanced technology to substantially speed up their loan application and approval processes. Oftentimes, if all goes well and your application is approved, you can close the deal in a matter of weeks or even days. On the other hand, virtually all banks in the state of Arizona are known to take a lot of time (sometimes many months on end) to decide whether or not to approve your loan application and eventually release the funds. This can leave your commercial real estate project in limbo as the bank drags its feet over your application and we all know time is money.
Alternative lenders in Arizona can tailor the commercial real estate financing you ultimately access to suit your unique needs and circumstances
How to Apply
Call us today at 1-800-444-2948 or visit us online to submit your loan request. We look forward to the opportunity to work with you.
