Great Lakes Private Lending for Arizona investors
Great Lakes Private Lending is a smaller regional private money operator with Chicago and Wisconsin coverage.
Arizona context
Arizona property tax low. Strong Sunbelt growth metros. STR markets active in Scottsdale, Sedona, Phoenix.
How Great Lakes Private Lending positions in Arizona
For Arizona specifically, Great Lakes Private Lending fits investors who match the private money approach. The medium cash flow profile of Arizona aggregate makes it workable for Great Lakes Private Lending.
City-level coverage in Arizona
Great Lakes Private Lending provides DSCR coverage across Arizona metros including Phoenix, Tucson, and Mesa. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. Great Lakes Private Lending program terms apply uniformly across Arizona metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | Private money |
|---|---|
| Products | fix-and-flip, bridge, rental, private notes |
| Loan size | $50K - $2.0M |
| Rates | 9.5%-12.5% |
| Points | 1.5 - 4 |
| Max LTV | 70% of ARV |
| Term lengths | 6-18 months |
| Typical close time | 5-10 days typical |
| Arizona property tax | 0.6% |
| Arizona state income tax | 2.5% |
Great Lakes Private Lending strengths in Arizona
- regional Midwest focus
- investor-friendly underwriting
Ideal borrower: Chicago or Wisconsin investor
FAQ
Likely; verify direct Arizona coverage. Great Lakes Private Lending is based in Chicago, IL and operates in Chicago and Wisconsin.
Phoenix is the top investor market in Arizona and is generally within Great Lakes Private Lending Chicago and Wisconsin footprint. Phoenix property tax follows the Arizona state rate of 0.6 percent. Great Lakes Private Lending typically underwrites Phoenix acquisitions at standard rate sheets.
Yes. Tucson ranks among the larger Arizona investor metros and sees consistent DSCR loan volume from Great Lakes Private Lending. Submarket variation within Tucson matters for property selection.
Great Lakes Private Lending applies the same rate sheet across Arizona metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Phoenix, Tucson, and Mesa all qualify for the same Great Lakes Private Lending program.
Great Lakes Private Lending indicative DSCR rate range is 9.5 to 12.5 percent with 1.5 to 4 points.
Arizona property tax low. Strong Sunbelt growth metros. STR markets active in Scottsdale, Sedona, Phoenix. Great Lakes Private Lending follows standard business-purpose loan structures.
Great Lakes Private Lending funds fix-and-flip, bridge, rental, private notes in Arizona.
Arizona allows standard DSCR prepay structures; Great Lakes Private Lending typically uses 3-5 year step down.
Great Lakes Private Lending typical close: 5-10 days typical.
Bottom line
Great Lakes Private Lending in Arizona works for the right borrower-deal combination. Match the lender to your deal characteristics.
Independent directory listing. DSCR Loan Program is not affiliated with Great Lakes Private Lending.