$25,900 to $1,500,000
1 year
9.5% - 12%
3%
Loan Type Bridge Loan, Hard Money Loan
Property Type 2-4 Units, Hotel, Industrial, Land Entitled, Land Non-Entitled, Manufactured Home, Mixed use, Multi Family, SFR
Colorado Hard Money Loan Lenders
Below is a list of 79 Lenders that offer hard money loans in Colorado. Interest Rates vary on a case-by-case basis but are typically offered from 3% to 20%. In addition, these lenders provide loan amounts from $10,000 and $1,000,000,000.
$3,000,000 to $70,000,000
2 years, 3 years
10% - 15%
2 - 4%
Loan Type Bridge Loan, Construction Loan, Hard Money Loan
Property Type 2-4 Units, Agriculture, Assisted Living, Automotive, Cannabis Related, Hotel, Industrial, Land Entitled, Land Non-Entitled, Medical Office, Mixed use, Mobile Home Park, Modular Home, Multi Family, Office, Place of Worship, Restaurant, Retail, Self-Storage, Senior, SFR, Shopping Center, Special-Use, Strip Center, Warehouse
$250,000 to $2,500,000
3 months, 1 year, 20 year, 30 Years
6%
1
Loan Type Bridge Loan, Commercial Loan, Construction Loan, Hard Money Loan, SBA Loan, Second Mortgage
Property Type Assisted Living, Automotive, Commercial, Gas Station, Hotel, Industrial, Land Entitled, Medical Office, Mixed use, Mobile Home Park, Multi Family, Office, Restaurant, Retail, Self-Storage, SFR, Student Housing, Warehouse
$1,000,000 to $30,000,000
2 years, 3 years
6.5% - 8%
Loan Type Bridge Loan, Hard Money Loan
Property Type 2-4 Units, Cannabis Related, Commercial, Entertainment Venue, Hotel, Industrial, Land Entitled, Medical Facility, Mixed use, Office, Retail, SFR
$3,000,000 to $15,000,000
1 year, 2 years, 3 years
1 - 2%
Loan Type Bridge Loan, Commercial Loan, Hard Money Loan
Property Type 2-4 Units, Industrial, Medical Office, Mixed use, Multi Family, Office, Retail, Self-Storage, Student Housing
$500,000 to $25,000,000
3 months, 6 months, 1 year, 1.5 years
2
Loan Type Bridge Loan, Construction Loan, Hard Money Loan
Property Type Cannabis Related, Gas Station, Hotel, Industrial, Land Entitled, Land Non-Entitled, Mixed use, Multi Family, Senior
$100,000 to $1,500,000
11-20
6% - 9.99%
Loan Type Bridge Loan, Construction Loan, Hard Money Loan, SBA Loan
Property Type Agriculture, Assisted Living, Automotive, Church, Gas Station, Hotel, Industrial, Land Entitled, Mixed use, Motel, Multi Family, Office, Place of Worship, Restaurant, Retail, Self-Storage, Senior, SFR, Special-Use, Warehouse
1189084
$75,000 to $5,000,000
1 year, 2 years, 3 years
10%
Loan Type Bridge Loan, Hard Money Loan, Investment property Line of Credit, Rehab Loan
Property Type Condo, Industrial, Medical Office, Mixed use, Multi Family, Office, SFR
$150,000 to $10,000,000
1 year
1
Loan Type Bridge Loan, Construction Loan, DSCR Loan, Hard Money Loan
Property Type 2-4 Units, Mixed use, Multi Family, SFR
905781
$500,000 to $30,000,000
1.5 years
8% - 9%
1 - 1%
Loan Type Bridge Loan, Hard Money Loan, Second Mortgage
Property Type 2-4 Units, Hotel, Land Entitled, Medical Facility, Office, Retail, SFR, Special-Use
Exploring Real Estate Investment and Hard Money Loan Opportunities in Colorado: 10 Cities to Consider Investing In
Colorado, known for its diverse landscapes and growing real estate market, offers numerous cities that might attract investors seeking hard money loans for property investments. Let’s delve into the top 10 cities across the state:
1. Denver: The Hub of Real Estate Activity
As the capital and largest city, Denver stands as a prominent real estate hub. Its thriving market might provide various opportunities for hard money loans, particularly for residential and commercial properties in different neighborhoods.
2. Colorado Springs: Diverse Real Estate Prospects
With its scenic views and diverse neighborhoods, Colorado Springs presents multiple real estate opportunities. Investors exploring hard money loans might find options for financing residential or commercial properties in this vibrant city.
3. Aurora: Growing Real Estate Landscape
Aurora’s growing population and economic development contribute to its expanding real estate market. Investors might seek hard money loans for various property types in this city, leveraging its development potential.
4. Fort Collins: University Town with Real Estate Potential
Home to Colorado State University, Fort Collins offers a dynamic real estate market. Investors might explore hard money lending options for residential or commercial properties within this thriving university town.
5. Lakewood: Accessible Real Estate Options
Lakewood’s proximity to Denver and diverse housing options might interest investors. Seeking hard money loans for property investments in this city might yield opportunities for funding.
6. Thornton: Emerging Real Estate Opportunities
Thornton’s growing real estate market might attract investors seeking hard money loans. Exploring financing options for various property types in this city could be advantageous for investors.
7. Arvada: Suburban Real Estate Dynamics
Arvada’s suburban setting offers potential real estate ventures. Investors might explore hard money lending options for residential or commercial properties, considering the city’s development trends.
8. Westminster: Vibrant Real Estate Landscape
Westminster’s vibrant neighborhoods and commercial areas might offer diverse real estate prospects. Investors exploring hard money loans could find opportunities for funding property investments.
9. Boulder: Unique Real Estate Market
Known for its unique real estate market and the University of Colorado, Boulder attracts investors. Seeking hard money loans for properties in this city might require exploring local lenders or specialized financial institutions.
10. Greeley: Growing City with Investment Potential
Greeley’s growing economy and affordable real estate might interest investors. Exploring hard money lending options for residential or commercial properties could offer opportunities in this city.
Navigating Colorado’s Real Estate Market and Hard Money Loans
Colorado’s diverse cities present distinct real estate opportunities for investors. While hard money lending might vary across these cities, exploring local financial institutions, private lenders, or specialized lenders could unveil potential avenues for hard money loans. Investors should conduct thorough due diligence and seek expert advice before pursuing hard money loans for real estate ventures in Colorado.
5 Pros and 5 Cons of Working with Hard Money Lenders in Colorado
Pros:
1. Working with hard money lenders in Colorado allows you to gain quick access to funds since the process does not involve obtaining approval from traditional lenders, and is a solid route to consider when getting financing for your investment property. Hard money lenders are there to get you in and out. As long as you are responsive and cooperative, you can typically get a hard money loan much faster than a bank loan.
2. When you work with a hard money lender, you often need fewer qualifications in comparison to traditional lenders. Hard money lenders in Colorado often accept borrowers with lower credit, weaker financial history, and are able to work through issues that traditional lenders or banks might not be able to.
3. Higher loan amounts may be available than would be available through a traditional lender.
4. Hard money lenders often provide a more personalized service than what is available from larger banks and financial institutions.
5. Working with a hard money lender in Colorado opens up the door to many possibilities. Search for lenders on LendDing and compare loan products to find one that works for you, or, contact us for assistance.
Cons:
1. Interest rates can vary widely from one lender to another and can be unpredictable if not properly researched ahead of time, leading to higher overall costs for the borrower if they are not careful about the terms of the loan agreement they sign up for.
2. Higher due diligence requirements and paperwork can create delays in getting approved or receiving the funds from a hard money lender compared to a bank loan since there is less standardization when it comes to documentation and underwriting procedures.
3. There are typically fewer consumer protection laws that apply to hard money lending compared to traditional banking leaving borrowers vulnerable if they have an issue with their lender or loan that cannot be resolved amicably on their own without going through legal means or through credit reporting agencies (credit bureaus).
4. Hard money loans are typically short-term agreements which means that borrowers need to refinance or find alternative sources of funds after their initial term ends.
5. There may be additional fees associated with obtaining a loan that can add to the overall cost of borrowing money.
Are you a lender who wants a free or premium listing on LendDing? Get started today!
Or Contact Us if you have a loan inquiry or question.
Commercial Hard Money Loans
5 Things to Know:
1. Speed and Efficiency
2. Flexibility
3. Higher Interest Rates
4. Collateral and Loan-to-Value Ratio
5. Exit Strategy