About

Clear Mortgage

Main Number: (480) 777-1230
Email: mike@clearaz.com

Address

9399 S Priest Drive
Tempe, AZ. 85284

About Clear Mortgage

Clear Mortgage, The Clear Choice For Investors in Today’s Real Estate Market. Providing transitional funding for acquisition of financially distressed residential property. Clear Mortgage strives to make using hard money easy. Our goals are to provide quick, honest answers and to honor our commitments. As an investor looking to maximize your return, you have enough to worry about in today’s market. With Clear Mortgage, you won’t have to worry about whether or not your lender will deliver as promised.

Clear Mortgage has been a Private Lender in the Phoenix, Arizona metro area since 2008. We have done over 4,000 loans. We have consistently provided double digit returns to our investors and provided much needed liquidity to the financially distressed home market.

 

Borrowers

Borrowers - Hard Money for Real Estate Investors

• Trustee Sale Funding
• Bank Owned Property Sale Funding
• Cash for Auction Purchases
• Cash Funding for Short Sales & REO Properties
• Immediate Funding for Time Sensitive Real Estate Acquisitions

Borrowers – Hard Money Key Information

• 70% LTV and 20% Down
• No Interest Reserve
• 6 Month First Position Note
• In House Recording | Delivery to Trustee | Property Insurance | Title Insurance
• Only pay interest on outstanding principal balance

 

Investors – Clear Choice Fund

Clear Choice Fund Investors – Hard Money

• Higher Returns than other fixed income investment opportunities with comparable risks.
• Loans are put through a stringent asset-based lending program with a maximum loan to fair market value exposure of 70% and loan to purchase price of 80%.
• Secured by first-position Deeds of Trust, promissory notes, and personal guarantees of the borrowers. The residential real estate is highly marketable and easily liquidated
• Clear Mortgage’ loans to borrowers are short-term in nature and therefore are not as susceptible to market fluctuations.
• Invest from your IRA or other tax qualified accounts for tax deferred or tax free income.
• Clear Mortgage has a proven, successful track record! Over 4,000 loans!

 

Michael and Brian Coffman

Michael and Brian Coffman have 40 years’ combined experience in lending, real estate, architecture, construction, sales, and operations on the local, national and international levels. With their extensive backgrounds, along with their current Mortgage Broker, Real Estate, and Architecture licenses, they can be your valuable partners in achieving success.

Clear Mortgage

(480) 777-1230
9399 S Priest Drive
Tempe, AZ 85284

Disclaimer: The content of this site simply provides general information for the consumer. It should not be considered legal advice, guidance, or gurantee of an offer of a loan or financing. This site may include links or references to third-party sites, resources, or content. These parties are not endorsed by Clear Mortgage nor is the accuracy of their information.

NMLS 149378
AZMB 0910780