Home Rehab Loans
Scottsdale & Phoenix, Arizona

What Are Home Rehab Loans?

When you need fast approval for a home rehab project, the loan experts at Prime Plus Mortgages are standing by. We know how important it is to get the funding you need to make that rehab vision a reality. That’s why we offer asset-based home rehab loans.

Whether you are a homeowner in need of funds for home repair or a real estate investor looking to close on that next great fix-and-flip opportunity, Prime Plus Mortgages is the home rehab lender that gets you the most cash for your project in the least amount of time. Our loans are hard money loans. Hard money loans are provided by individual investors instead of retail banks. Unlike retail banks, we are not beholden to stringent credit criteria that is based on income and credit score.

Our investors base loan decisions on the underlying value of the asset, and the underlying value of the rehab. If the property and rehab project has sufficient valuation, you can be approved for a hard money loan that gets your home rehab completed now.


Prequalification Form & Investing Guide
Or Call (480) 725-5823

PPM Process




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Flip Or Rent It

How Does Asset Based Lending Work?

Forget retail bank criteria. Credit scores, income verifications, and other criteria that primarily look at the borrower are what retail banks care about. In their book, the valuation of the property and the profitability of the deal can be all terrible for the borrower. As long as they feel the borrower can make the payments, they don’t care about the value of the property. They provide credit-based lending.

Hard money lending looks at the valuation of the property after you complete the repairs. This makes hard money the perfect source for home rehab loans. Hard money loans are given based on the ratio of the property’s value to the loan, after the repairs are completed. This is known as the after repaired value (ARV).

For example, if you want to purchase a $200,000 property in Phoenix and make repairs that will increase the value to $300,000, then the loan is based on $300,000, instead of $200,000. This means you can get a loan with sufficient value to fund the restoration.

PPM Benefits

Fast Turnaround

Full Coverage

Seamless Process

Asset Based

Prime Plus Mortgages ... Is unlike retail banks, they are not beholden to stringent credit criteria ... Based on your Income and Credit Score ... The team of investors at Prime Plus Mortgages ... Base loan decisions on the underlying value of the asset, and the underlying value of the rehab ... It was only a few weeks from my first call to Prime Plus Mortgages ... Until I had a stack of Cash in my Hands ... Great People ...

Big SkyCustomer

How Does It Work For Investors?

When investors find a hot investment opportunity, they have to act right away. The competition won’t wait around while you look for financing. When you work with Prime Plus Mortgages as your home rehab lender, we get you approvals on your investment rehab properties in as little as 24 hours.

Once you use our financing the seize that deal and complete the rehab, you can flip that house for big profits or refinance into a long-term loan.

How Does It Work For Investment Home Owners?

Sometimes investment home owners need cash to repair their houses. This can put you in a bind if you don’t have money stacked up in the bank. Whatever the rehab project entails, Prime Plus Mortgages can get you the financing based on the ARV.

This comes in especially handy if you need to make repairs before putting the property on the market, or if you are going through a tough financial time. Because we use ARV and not your credit score as the primary qualification, you can get the cash you need. Then you are free to sell the property or refinance it into a long-term mortgage.

Why Prime Plus Mortgages?

  • Up to 90% LTV
  • 10 – 16% interest rate
  • Asset based, not credit based lending
  • Funds available within 24 hours if needed (our loans really are fast)
  • Points vary based on the deal and borrower experience
  • No pre-payment penalties

Get Prequalified For A Hard Money Loan Today

We’re Arizona’s home rehab lender. Always make sure you apply, because there are occasions where we may be able to negotiate some of the terms.

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