Colorado Hard Money Lenders

Every once in a while I run across really good deals somewhere in the U.S. and I recently ran across a very reasonable, credible, hard money lender in Colorado who does not charge exhorbitant rates and fees.

Quite often those who are referred to a hard money lender end up paying a rate in the range of 12% to 15% (yikes!) and multiple points – typically in the range of 5 points.

To me, that is obnoxious.  To the lender who is actually lending out their money – it is not.  Perhaps if I was doing the lending I might feel differently 😉

So it was refreshing when I was recently introduced to a very credible hard money lender who charges a rate of 9% to 10% (depending on the transaction) and only 2 points and like other hard money loans offers interest only payments and no prepayment penalty…AND for the transaction that I referred, closed the loan on time and with all parties happy with the result.

This lender may not be for everyone because they do charge a non-refundable deposit/due diligence fee on the front end so you really need to do your homework on the deal before engaging them.

Their lending area is the State of Colorado and other states within reasonable driving distance and they will do all of the usual transactions – bridge, construction, renovation, fix n flip, etc.

Please get in touch with me at jking (at) green commercial capital (dot) com or 1-800-414-5285 should you like an introduction.

Click here for more information re: approx rates and guidelines for hard money and private money loans anywhere in the U.S.