Phoenix, AZ Bridge Loans
Phoenix, AZ Lender in Arizona
CoreVest Finance offers bridge financing solutions for real estate investors in Phoenix, AZ. Our Phoenix, AZ Bridge Loans provide quick and flexible financing to take advantage of opportunities in this dynamic market. Ideal for short-term financing needs, our Phoenix, AZ Bridge Loans narrow the gap between purchase and sale or refinancing.
Whether acquiring new real estate, renovating a property, or covering expenses, our Bridge Loans can help. With fast approvals, flexible terms, and competitive rates, we provide the best financing solutions for real estate investors in Phoenix, AZ. At CoreVest Finance, we’re committed to helping Phoenix, AZ real estate investors achieve their goals.
Reasons to Invest with Bridge Loans in Phoenix, AZ
Growing population: Phoenix is one of the fastest-growing cities in the US, with a projected population growth rate of 2.2% per year, which can contribute to a strong rental demand.
Strong job market: Phoenix has a diverse economy, with industries such as healthcare, finance, and technology, providing a stable job market and attracting new residents to the city.
Affordable real estate: Compared to other major cities, Phoenix has relatively affordable real estate prices, allowing investors to acquire rental properties at a lower cost and potentially generate higher returns on investment.
Tourism and entertainment: Phoenix is a popular tourist destination, attracting visitors with its warm climate, golf courses, and cultural attractions, which can lead to a consistent demand for short-term rentals and vacation homes.
Phoenix, AZ Bridge Loan
- Fix and flip of individual properties
- Single-family, condo, townhome, multifamily
- $75k – $2M+
- Up to 85% of cost
- 6 to 12 month terms, plus extensions
- Fixed and floating rate options
- Purchase or refinance
- Non-recourse options available
- Foreign nationals eligible
- Nationwide lending
Phoenix, AZ Bridge Loans – Frequently Asked Questions
What Arizona Property Types does CoreVest Finance lend on for Bridge Loans?
We lend on Single-family, condo, townhome, multifamily.
What are CoreVest Finance’s Phoenix, AZ Bridge Loan Rates?
CoreVest Finance offers competitive rates for Bridge loans. Rates vary due to investor’s past history and experience. For current rates, give us a call.
What is my turnaround time for an Bridge application?
We usually respond back to potential borrowers with a term sheet between 2-7 days.
How long will it take my Bridge Loan to close?
Our Bridge loans typically close within 30 days. Most of our Bridge Loans close within 4-6 weeks.
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Types of Properties | Single-family, condo, townhome, multifamily |
Loan Amount | $75k – $2M+ |
LTV | Up to 85% of value |
Bridge Interest Rates | Fixed and floating rate options |
Minimum Qualifications / Documentation | Credit score: at least 680, Borrower must be a business entity, Call for more details |
Other Financing Available | Rental Portfolio Loan, Single Asset Rental Loan, Bridge Loans, Fix and Flip Credit Line, Rental Aggregation Line, Single Asset Bridge Loan |
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