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Tired of Runaround from Banks? Try Owner Occupied Az Hard Money Loans
When the Dodd-Frank Act passed, it became significantly harder to get an owner-occupied Arizona Hard Money Loan but don't believe people who tell you that they don't exist anymore. Speak with us today to see how you can qualify for one.After the awful recession this country passed through, politicians passed the Dodd-Frank Wall Street Reform and Consumer Protection Act to close the loopholes and loose regulations that allowed it to happen. It applied to banks and big financial institutions, but, surprisingly enough, it also encroached a bit on an area of lending that traditionally exists outside the system — hard money lending and specifically owner-occupied Arizona Hard Money Loans.
These newfound restrictions on the business sent many hard money lenders running for the hills, leaving the few who are willing to take the risk making it into a niche market. So, yes, they still exist and they're a great option for the right candidate.
Who Are Owner-Occupied Arizona Hard Money Loans Good For?Even though they've taken up residence in the financial world as a niche loan, these types of loans are still a good option for some people. These include:
● People who may have faced a short sale, bankruptcy or foreclosure in the ... more

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