American Savings Life Insurance Co. – NOT SO HARD MONEY™ Get Funded
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American Life Financial Corporation (ALF) is the lending arm of American Savings Life Insurance Company, which has been making Not So Hard MoneyTM loans in Arizona for over 60 years. Our Not So Hard MoneyTM loans fill a niche for investors who meet three criteria:

  • The property owner or the property does not qualify for conforming bank financing
  • A loan for about 50%-65% of the property’s current market value (or recent purchase price) is sufficient
  • The borrower doesn’t want to pay full hard money rates and fees and/or the borrower wants a longer term loan than typical hard money loans

Our most popular loan program is our Best Rate program. Our programs offer Amortizing or Interest Only payments, 2, 5, 10, and even 15 year terms, and good flexibility of loan amounts based on Loan-To-Value or Loan-To-Cost. We lend on almost every type of Commercial, Industrial, and Investment Residential real estate type in our lending areas. We can even loan on land provided that the borrower has the ability to make the payments.

Loan Category : Real Estate Lenders
Company : American Savings Life Insurance Co.
Phone Number : 877-877-3655
Email Address : ae@notsohardmoney.com
Address (Street, City, State, Zip) : 935 E. Main St., Suite 100 Mesa, AZ, 85203
License# : AZ Mortgage Banker BK-0909357 / NMLS: 165950
Broker Co-Op : Yes
Lender/Loan Type : Bank, Direct Lender
Loan Purpose : Purchase, Rate & Term Refinance, Cash-out Refinance, Bridge
Property Types : Hospitality (Hotels and Motels), Commercial/ Industrial (Warehouse), Medical (Hospital, Rehabilitation Centers, Assisted Living), Mixed-use, Residential (1-4 Units), Office (Building, Condo, Complex, etc.)
Min. $ Amount : $250,000
Max. $ Amount : $3,000,000
Max. LTV : 65%
Default Remedy : Non-Recourse
Lending Territories
Arizona
California
Colorado
Montana
Nevada
New Mexico
Oregon
Texas
Utah
Washington
Wyoming
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