Are you looking to get a cannabis mortgage loan in Arizona?
I can help.
The marijuana industry is one of the trickiest areas of home financing.
Even though marijuana is now fully legal in Arizona, it is still banned federally.
Sadly, because of this, most banks will turn down anyone working in the marijuana industry.
The great news is it is possible for cannabis industry workers to get approved for a home loan.
Because I am a fully licensed mortgage broker in Arizona with access to 110 lenders, I am able to find mortgage companies that are ok with doing weed related mortgage financing.
Unfortunately, many banks are overly conservative and turning down CBD-related income. However, the great news is CBD income is allowed on all programs, including VA, FHA, Conventional, USDA, and Non QM. You will need to find a flexible mortgage broker that can connect you with a lender that can approve CBD related income.
As a W2 employee of a marijuana dispensary in Arizona, you can get approved for a Conventional or Non–QM mortgage loan. Unfortunately, VA and FHA mortgages are not available for dispensary workers.
Unfortunately, if you are a marijuana dispensary owner or grower in Arizona, your options are much more limited. You cannot get any sort of traditional mortgage financing like Conventional, FHA, or VA. You can, however, get approved for a Non-QM mortgage loan. These loans include Bank Statement Mortgage loans, P and L Mortgage loans, and No Doc Mortgage loans.
Yes, I am approved to provide cannabis related mortgage financing in the entire state of Arizona including: Avondale, Buckeye, Casa Grande, Chandler, Flagstaff, Gilbert, Glendale, Goodyear, Lake Havasu City, Maricopa, Mesa, Peoria, Phoenix, Prescott Valley, Scottsdale, Sierra Vista, Surprise, Tempe, Tucson, Yuma.
Yes, I can provide marijuana industry mortgage financing in all states where I am licensed and marijuana income is allowed. I’m currently licensed in Ohio, Kentucky, Indiana, Florida, Texas, Alabama, Virginia, Tennessee, Arizona, Michigan, Illinois, and Missouri.
Additionally, through our corporate partner program, I am able to leverage our home office and offer mortgage financing in over 30 additional states.