Aurora has plenty of investment opportunities for those in commercial real estate, but to take advantage of them, you need fast reliable funding. This is where hard money lending shines as the top real estate financing option. Here at Capital Fund 1, we are a hard money lender in Aurora, CO that can provide hard money loans for a variety of purposes. With just a quick consultation, you can get funding tailored to your needs.
How can you apply your cash? Capital Fund 1 hard money loans in Aurora can be used in several different ways:
If you have a property you’re trying to sell, you can also use a bridge loan to access the equity. This allows you to put your current assets’ worth toward new investments.
Why is hard money one of the best types of investment property loans? Bridge and hard money loans have several benefits to offer:
Fast application processing
Fewer obstacles to getting approved
Flexible use of funds
Short terms, generally 5 years or less
For investors, this type of financing can give you an edge if you’re bidding on highly coveted property. The fast approval lets you pay in cash, which can help you leverage a great deal.
How do private commercial hard money lenders such as Capital Fund 1 get you cash so quickly? Unlike traditional lenders, we’re more concerned about the property’s value than your credit history. A traditional mortgage requires a great deal of paperwork, which is why it can take weeks to get an answer.
This expedited process also means that you may be able to qualify even if you’ve been turned down for mortgages before. Since credit history doesn’t play a factor in the decision-making process, you may get approved even if you’ve had credit issues in the past.
Capital Fund 1 can help you get financing for commercial real estate in Aurora as well as other areas in Colorado. For over 10 years, we’ve helped investors in the Southwestern U.S. and beyond get the funding they need for a multitude of projects. Our associates are dedicated to helping each client get the right loan to meet their goals.
The underwriting process differs from lender to lender. Most hard money lenders look at applications individually and offer funds on a case by case basis. The amount an applicant receives is based on a loan-to-value ratio set by the lender. For an LTV of 50%, the loan amount will be half of the value of whatever assets are used for collateral. Capital Fund 1 made the process even easier with a three-step process for securing a loan.
Capital Fund 1 makes it fast and simple for you to secure a hard money loan for construction, commercial projects, land and lot transactions, and fix and flip projects. Some loans may be approved and funded in as little as 24 hours with no credit check or tax information required.
Getting the funds you need doesn’t have to be difficult. With Capital Fund 1, you can get approved as quickly as 24 hours. If you’re ready to take advantage of new business opportunities, then give us a call at (720) 432-2947 or contact us online.
