When is an Arizona Private Money Loan a good option for me?

Arizona Private Money loans are a good choice if banks have turned you down. If you can’t get a traditional loan, private money could help. Learn the basics first so you can decide what’s right for you.

Private Money means getting a loan from a private individual or group rather than a bank. These lenders often have their own rules for who qualifies. Both sides take on more risk with private loans.

Private Money Lenders in Arizona usually offer rates similar to national averages, but rates can reach 8-20% when risk is higher. (Geraci, 2025) More risk means higher interest rates for everyone involved.

Private money lenders are common and want higher returns, but there are real risks. If you don’t pay them back, they may sue you quickly. They might also hold your deed as collateral or demand property insurance to protect themselves.

Arizona Private Money lenders don’t have to follow banking laws or state and federal usury laws. However, if they make too many loans in a year, they might need a mortgage broker license. (Arizona Revised Statutes Title 6. Banks and Financial Institutions § 6-903. Licensing of mortgage brokers required; qualifications; application; bond; fees; renewal, 2025)

Be careful if you’re thinking about a Private Money loan. These loans aren’t usually recommended for homeowners and are mostly used for fix-and-flip projects. (42 Solutions | Private Money Lender in Arizona for Real Estate Investors, 2026) Many private investors lack much experience outside banking, which can lead to legal problems. (Geraci, 2025) Always get good advice first.

How can I get an Arizona Private Money loan

Many groups offer private money loans in Arizona. Look into their background to see if you trust them, since you might work with them for a while. They’re taking a risk lending to you, so make sure you feel comfortable, too.

How can I find a trustworthy Arizona Private Money lender?

What should I look for?

Ask if the lender is part of any Arizona private money lender groups. This adds some accountability and gives you a place to turn before going to court. Check their credentials and talk to past borrowers. Most lenders are honest, but it’s smart to verify.

Private Money loans can be very helpful if banks think you’re too risky.

Matt Prosory RI/MLO/Broker

NCO Enterprises LLC

Private Hard Money

DBA Setabay/SetabayLoan/Level 4 Funding

26731 N 90th Drive

Peoria AZ 85383

Matt@Level4Funding.com

Telephone: 623-582-4444

NMLS 2062278 NMLS 1118493

Equal Housing Opportunity. This is not a Good Faith Estimate, and it is not a Guarantee to lend; it should not be considered as such. Costs, rates, estimates, and terms can only be determined after a full application is completed. To the extent this message includes any tax or legal advice, this message is not intended or written by the sender to be used, and cannot be used, for legal or tax purposes or advice. This is an advertisement. Copyright © 2026. All rights reserved.