New Broker Registration
Hard Money Colorado
Short term capital, which is commonly referred to as Private Lending, Hard Money, or Bridge Loans. We will lend against commercial property with advance rates up to 65% of appraised value and can close quickly.
Acceptable Market area: Colorado Metropolitan areas and select mountain areas (I-25 corridor, I-70 corridor)
Guidelines:
Product Type: |
Hard Money, Bridge loans - First Trust Deeds only |
| Property Type: | Improved commercial, and construction/development projects |
Loan Amount (min/max): |
$500,000 to $3MM |
LTV (max): |
65% |
Amortization / Term: |
Interest only |
Minimum FICO: |
n/a |
Minimum DSCR: |
1.0x |
Doc Type: |
SIVA (Stated/Verified) |
Interest Rates: |
10% to 15% |
Loan Term: |
6-18 months |
| Pre-payment Penalties: | None, minimum interest req. 3-6 months |
| Competitive Advantages: | Quick closings, Creative Debt Structure |
Non-Eligible: |
Land, Churches |
Cash-out: |
Available option |
Collateral: |
Real Property |
Hard Money Loan Submission Form
Click Here to Register
Your login information will be emailed to you in just a few minutes.
- Capital Development registration is absolutely free -
Capital Development will never share your information with a third party
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