Mortgage lead for Residential loan in Tempe, AZ, 85284

Loan Request for Residential loan in Tempe, AZ, 85284

Request #3743559 by Lender

Date Posted

6/29/2025 9:55:27 AM

Property at

Tempe, AZ, 85284, USA Show Map

Borrower at

Property Type

Residential

Property Value

$1,900,000

Loan Request

$1,300,000

LTV

68.42 %

Credit Rating

600-619

Net Worth

$2,000 - $5,000

Loan Purpose

Purchase Fix N' Flip

Purpose

Borrower: Marina Gamez
Property Address: 62 W Secretariat Dr, Tempe, AZ
Purchase Price: $740,000
Rehab Budget: $600,000
ARV (After Repair Value): $1.85M–$1.9M
Close Date: July 10, 2025
Loan Type: Fix and Flip
Loan Request: 100% financing – purchase, rehab, and closing costs
Exit Strategy: Resale upon completion of renovation (estimated 6–8 month turnaround)

Loan Purpose:
The purpose of this loan is to acquire and renovate a value-add single-family property located in a highly desirable but underdeveloped area of South Tempe. The borrower is an experienced real estate professional with deep market knowledge and a seasoned GC with 25+ years of experience. The property will undergo a full transformation with high-end finishes designed to attract luxury buyers in a market with low inventory and minimal investor activity. This location is currently undervalued and offers substantial upside upon resale.

Hard Money Guides

TYPES OF LOANS WE HANDLE:

PRE-APPLICATION OPTIONS:

CALCULATE FIX N' FLIP MAX LOAN AMOUNT IN STATE

BLOG SUBJECTS

Loan Request for Residential loan in Tempe, AZ, 85284