Versara Capital
Mesa, Arizona
NMLS ID: 1661137
Hard Money Lender for Arizona & Utah Real Estate Investors:
Versara Capital is an Arizona-based direct lender offering hard money loans to property owners throughout Arizona and Utah. Our approval process is simple, and we can close in as little as 48 hours.
- Property Types: SFR, Condos, Multifamily, Commercial, Land
- We love to lend on mobile homes!
- Loan Types: Bridge, Rehab, Equity Cash Out, 2nd mortgages
- We can do a 2nd on a primary residence if the funds are to be used for business purposes
- NO Appraisals for residential properties (unless it’s very unique or in a rural area)
- NO Points – we charge a flat fee instead, typically $995 – $1,995 for most 1st mortgages
- Fee is a minimum of $5,000 for 2nd mortgages
- Low Credit Scores Accepted – we check credit, but we are not concerned about the score
- Rural Locations – we are fine with rural/remote areas in Arizona
Please note: We do NOT offer ground-up construction loans or consumer-purpose home loans.
Property Geographic Area Details
Loan Amounts
Interest Rates
Loan Terms
Lien Position
Maximum Leverage
Purchase Short-Term (no Value-Add)
Refinance Short-Term (no Cash Out)
Refinance & Cash Out Short-Term
Residential Fix & Flip
Residential Rehab & Hold
Multifamily Value-Add
Commercial Value-Add
Property Types
- 2-4 Units Residential
- Adult Day Care
- Assisted Living Facility
- Commercial Condominium
- Commercial Land
- Condominium
- Manufactured Home
- Mobile Home
- Multifamily
- Office
- Residential Land
- Retail
- Senior Housing
- Single Family Residence
- Storage Facility
Loan Types
- Private Money
- Hard Money
- Residential Bridge
- Residential Fix and Flip
- Residential Rehab and Rent
- Multifamily Bridge
- Multifamily Rehab
- Commercial Bridge
- Commercial Property Value Add
Specialty Loan Types
- 2nd Mortgage Equity Cash Out
- Primary Residence Business Purpose Cash Out
Junior Lien Loan Amounts
$50,000 to $1,000,000
Junior Lien Interest Rates
16% to 16%
Junior Lien Loan-to-Value
60%
We Fund Junior Position Loans
Often
Junior Lien Types
- Refinance
- Equity Cash Out
Land Types Considered
- Residential Land
- Multifamily Land
- Industrial Land
- Office Land
- Retail Land
Will Consider Land That is NOT Entitled
noExisting Land Improvements Required
- Street Access
- Electricity
- Gas
- Water
Max LTV for Land
50%Max LTC for Land Acquisition
60%Junior Lien Types
- Refinance
- Equity Cash Out
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
- Gap Lender
- Crowdfunding
- Family
Experience Required
noMinimum Number of Value-Add Projects Completed by Borrower
0Will Provide Funds for Renovation Costs
yesMax LTC for Renovation Costs
100%Interest Charged for Renovation Costs
Entire Amount of Total Project CostsTypical Number of Days for Funds Draw
3Maximum After Repair Value
80%Minimum Loan Amount
$50,000Maximum Loan Amount
$750,000Minimum Interest Rate
9.9%Maximum Interest Rate
14.9%Minimum Origination Fee
1%Maximum Origination Fee
3%Minimum Loan Term
6 monthsMaximum Loan Term
60 monthsMaximum Loan-To-Value
60%Will Lend on a Portfolio of Properties
NoProcessing Fee
Our origination, processing, underwriting and doc fees combined are almost always under 1% of the loan amount for a regular fix and flip loan.
Escrow Fee
normal escrow and title fees when you purchase a property or do a refinance
Title Fee
normal escrow and title fees when you purchase a property or do a refinance
Fees which are mandatory for all new borrower clients
- Processing Fee
- Renovation or Construction Funds Draw Fee
Fees which are paid to a third party company
- Escrow Fee
- Title Fee
Contact Versara Capital
Stay Informed About Private Lending
At Versara Capital, we are your trusted local hard money lenders, committed to providing you with trustworthy, efficient, and experienced lending services. Whether you’re a real estate investor planning a fix and flip project, a small business owner in need of financing, seeking a cash-out refinance, or looking to invest in mobile home property, we’re here to partner with you every step of the way. We are committed to helping you get your deal done with a fast, simple process that gets you the funding you need to create a successful real estate project.
For the last decade, we have been Arizona’s fastest, most reliable hard money lender because we are responsive, innovative, experienced, service-oriented, and we do it right the first time. Once you work with one of our loan experts, you will see why thousands of real estate investors have put their trust in us.
As an asset-based lender, Versara Capital can move faster than a traditional or institutional lender. When underwriting a loan, we focus more on the real property than the individual’s creditworthiness. This significant departure from the status quo allows investors to add a quick closing as a value add to their purchase offers.
Office Locations
4862 E Baseline Road, Suite H103, Mesa, Arizona 85206Contact Versara Capital
Stay Informed About Private Lending
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Contact Versara Capital by whichever method you choose.
If you submit a loan request or email, it will be sent to the lender, and they will reply to you directly. A copy will be saved in our database. We will not share your information unless you ask us for recommendations.
Our Minimum Loan Amount Is
$50,000
What We Do
- Purchase or Refinance loans
- Fix & Flip or Buy & Hold Loans
- Mobile Home Loans (Investment)
- 2nd Mortgages
Not Available
- NO 100% Financing
- NO Consumer-Purpose Loans
- NO Ground-Up Construction Loans