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.
Though there’s undoubtedly paperwork concerned in my new job, it’s not almost as extreme because it was on the financial institution. The traditional loans that I used to course of have been a lot extra cumbersome than lending Arizona hard money. It often took 20-30 days to disburse funds to a buyer for an actual property loan on the financial institution, typically even longer. Now that I work for a hard money lender Arizona, we typically disburse the money the identical day! Relying on the scenario, it often by no means takes greater than a pair days to disburse Arizona hard money. My boss undoubtedly protects himself in case of a default on the loans, however there’s actually no red-tape to undergo for anybody who needs to undergo a hard money lender Arizona. I’m amazed on the distinction. It’s truthfully very refreshing to work type an Arizona hard money lender. I’m so glad I made the change!