Direct Hard Money Lender for Investment Real Estate
Hilton Financial Corporation (HFC) is a licensed hard money lender for non-owner occupied, business use real estate loans in 5 states: Arizona, Colorado, Hawaii, Ohio, Utah. We lend on a variety of deal types, including distressed sale acquisitions, fix & flip, spec construction, small subdivision development and others.
We specialize in entry-level and first-move-up projects. Easy qualifying with a stated income statement, verification of federal tax filing status (2 years or LOE), and credit check with no score requirement.
Property Geographic Area Details
Loan Amounts
Interest Rates
Loan Terms
Origination Fees
Lien Position
Construction loans are available for manufactured homes (affixture required). Loans for other alternative construction types are reviewed on a case-by-case basis.
Lot development, minor land divisions, small subdivisions, and other projects for horizontal development available.
The vast majority of our loans have no prepayment penalty.
Loans can be structured with no origination fee at higher interest rates, but will include a prepayment penalty of 1 month’s interest for the 1st 3 months from close of escrow — zero penalty thereafter.
Property Types
- 2-4 Units Residential
- Assisted Living Facility
- Bed and Breakfast
- Commercial Condominium
- Commercial Land
- Condominium
- Manufactured Home
- Mobile Home Park
- Multifamily
- Office
- Parking Lot
- Portfolio of Commercial Properties
- Portfolio of Residential Properties
- Residential Land
- Retail
- Single Family Residence
Loan Types
- Private Money
- Hard Money
- Residential Bridge
- Residential Fix and Flip
- Residential Rehab and Rent
- Residential Ground-Up Construction
- Commercial Property Value Add
- Commercial Ground-Up Construction
Specialty Loan Types
- Condo Conversion
- Land Development
- Note Purchase
- Subdivisions
Description
Raw land loans available inside city limits of major MSA's at up to 50% LTV/LTC. Fully improved residential and commercial lots at up to 65% LTV, not to exceed 80% LTC. Legal and street access required.
Land Types Considered
- Residential Land
- Multifamily Land
- Office Land
- Retail Land
Will Consider Land That is NOT Entitled
noExisting Land Improvements Required
- Street Access
Max LTV for Land
50%Max LTC for Land Acquisition
50%Max Loan-to-Purchase Price
80%Borrower Must Have Property Under Contract
noWill Provide Proof of Funds Letter
noWill Consider Lending on Purchase from Auction
noAllowed Source of Borrower’s Equity
- Own Cash
- Partner
- Equity in Subject Property
- Equity in Another Investment Property
- Family
Experience Required
noMinimum Number of Value-Add Projects Completed by Borrower
0Will Provide Funds for Renovation Costs
yesMax LTC for Renovation Costs
90%Interest Charged for Renovation Costs
Entire Amount of Total Project CostsTypical Number of Days for Funds Draw
0Maximum After Repair Value
69%Development Experience Required
noMinimum Number of Ground-Up Construction Projects Completed by Borrower
0Max LTC for Ground-Up Construction Costs
90%Interest Charged for Construction Costs
Entire Amount of Total Project CostsWill Lend on Partially Completed Construction Projects
yesSite Visit Fee
HFC officers visit each property or hire a 3rd party inspection. Fees vary based on location.
Processing Fee
Typically $500.
Documents Fee
Typically $400.
Inspection Fee
Construction inspection fees vary based on location.
Credit Report Fee
No charge.
Extension Fee
1 point for 1 year extension.
Appraisal Fee
As quoted by 3rd party appraiser.
Environmental Report Fee
On commercial properties and case-by-case basis for horizontal development projects as quoted by 3rd party.
Renovation Construction Draw Fee
$As quoted by 3rd party.
Minimum Origination Fee Amount
$2
Other Fee
Construction Control Fee ranging from $250-$500 on most renovation and construction projects.
Fees which are mandatory for all new borrower clients
- Site Visit Fee
- Processing Fee
- Documents Fee
- Appraisal Fee
- Inspection Fee
- Escrow Fee
- Title Fee
- Renovation or Construction Funds Draw Fee
- Other Fee
Fees which are paid to a third party company
- Site Visit Fee
- Appraisal Fee
- Escrow Fee
- Title Fee
- Environmental Report Fee
- Other Fee
Contact Hilton Financial Corporation
Stay Informed About Private Lending
Hilton Financial Corporation (HFC) is a licensed mortgage banker, specializing in originating private or hard money real estate loans.
The mission of HFC is to provide timely real estate loans for the acquisition, renovation, and/or development of real estate. These projects will primarily be located in Arizona, Colorado, Hawaii, Ohio, Tennessee, Texas, and Utah.
The principals of HFC have been funding private money loans since 1980.
Over $1 billion funded since 1990.
Associations
- Arizona Private Lenders Association - Member
- Arizona Real Estate Investors Association - Business Associate
Office Locations
Hilton Financial Corporation11024 N. 28th Drive, Suite 170, Phoenix, Arizona 85029
Our Team
Jack W. Hilton
President
NMLS ID - 165825
AZ BK - 1001945
UT MB - 5491797
Sue Watford
Senior Vice President
Jack Hilton II
Loan Officer
NMLS - 1471011
AZ LO - 0935845
Contact Hilton Financial Corporation
Stay Informed About Private Lending
