FAQ

Frequently asked questions

Can you lend on more than one property?


Yes – commonly referred to as “Blanket Loans” we have done as many as 30 properties under 1 loan – big cost savings for the borrower




Can you lend to a business entity (LLC)?


Yes, an entity can sign as the borrower on any of our “hard Money” loans.

Non-Prime / Sub-prime loans require an individual to sign.




Does A&A Funding lend in other states beside Arizona?


No – we are licensed in AZ only.




Can I pay down the principle balance of a loan?


Up to 3years interest only, or 8 years for amortizing loans ( P+I loans)




Do you lend on Raw Land?


Yes – Residential or Commercial zoned.




Do you lend in rural areas like Prescott, Payson or Pine Top?


Yes.




Do you lend on Mobile Homes?


Yes – Generally with Hard Money & “Affidvait of Affixture” filed with the county is required.




Do your loans have a pre-payment penalty?


Full-Term loans on primary residence properties will not have any pre-payment penalty. Private / Hard Money loans will have an “Interest Gaurantee” that will drop of after 3-6 payemtns depending on the loan program.





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10031 E. Dynamite Blvd

Suite 230 | Scottsdale, AZ 85262

602-494-8980

Arizona Mortgage Broker # MB-0911138

NMLS ID# 162461

©2019 A&A Funding Corporation