Housing Affordability Soars to Record High with Phoenix hard money lenders
June 11, 2012Becoming an Arizona Hard Money Lender
June 11, 2012Working for an Arizona Hard Money Lender
I HAVE WORKED FOR A BANK FOR ALMOST MY ENTIRE CAREER. FOR THE LAST SEVEN YEARS, I HAVE WORKED IN THE REAL ESTATE LOAN DEPARTMENT. RECENTLY, THAT CHANGED. I HAVE AN EXTREMELY WEALTHY FRIEND WHO IS A HARD MONEY LENDER ARIZONA. HE ASKED ME TO WORK FOR HIM BECAUSE HIS ARIZONA HARD MONEY LOAN BUSINESS HAS GOTTEN PRETTY BUSY, AND HE NEEDED SOMEONE WITH LOAN EXPERIENCE TO COME PROCESS PAPERWORK AND SUCH. HE OFFERED ME QUITE A BIT MORE THAN I WAS MAKING, WITH EXCELLENT BENEFITS, SO I COULDN’T SAY NO. PLUS, I WAS A LITTLE BORED WITH MY JOB, AND SOMETIMES DEALING WITH ALL THE RED-TAPE CAN BE TOUGH. SINCE THE HOUSING MARKET TOOK A NOSE DIVE A FEW YEARS BACK, MY JOB JUST HASN’T BEEN AS FUN AS IT USED TO, EITHER. SO I WAS PRETTY EXCITED ABOUT A NEW OPPORTUNITY TO WORK FOR A HARD MONEY LENDER ARIZONA.
Although there is definitely paperwork involved in my new job, it’s not nearly as excessive as it was at the bank. The conventional loans that I used to process were so much more cumbersome than lending Arizona hard money. It usually took 20-30 days to disburse funds to a customer for a real estate loan at the bank, sometimes even longer. Now that I work for a hard money lender Arizona, we sometimes disburse the money the same day! Depending on the situation, it usually never takes more than a couple days to disburse Arizona hard money. My boss definitely protects himself in case of a default on the loans, but there is really no red-tape to go through for anyone who wants to go through a hard money lender Arizona. I am amazed at the difference. It’s honestly very refreshing to work form an Arizona hard money lender. I am so glad I made the switch!
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