Loan Programs

Colorado Bridge Loans

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A bridge loan is a short-term loan prior to longer-term financing, sale, or other financial events.

Bridge loans are also known as short-term loans or interim loans. The “bridge” refers to the short span or gap of time. That span is often between two financial events.

Borrowers may need funds more quickly than a bank loan or another longer-term financing can be arranged. Bridge loans can often originate quickly and provide funds fast, while longer-term financing or other transactions are pending.

Borrowers may repay bridge loans with longer-term financing; However, repayment events may include: 

  • longer-term refinancing
  • collateral property sale
  • an equity investment
  • sale of another property
  • distributions from a business
  • distributions from other investments
  • sale of investments
  • receipt of a judgment or settlement (including divorce)
  • inheritance
  • other monetary events

Speed in providing the loan is often important.  To avoid delays, lenders may ignore income and other items. Verifying aspects of income can be time-consuming. Bridge loans may have higher costs. Bridge loan amounts are often limited by a loan-to-value ratio.  This avoids time spent on other items. Bridge loans that are asset-based may be described as hard money loans.

People often take bridge loans because they need the funds quickly. An opportunity may disappear if they do not act quickly.  Partner buy-out time limits. Sellers may take other offers. Price may go up. Sale may be canceled. People may need money to avoid other consequences.  People need money to avoid default, forfeiture, credit damage, lawsuits, etc. Often the advantages of a quick bridge loan far outweigh the costs.

We provide Colorado bridge loans for 2 days to 3 Years. Our bridge loans are secured by real estate. This avoids time on spent income verification.

A quick short-term loan origination can be valuable.We understand a speedy loan process is valuable.

Our loans are secured by real estate in the following:

  • Denver Area
  • Boulder Area
  • Colorado Springs Area
  • Fort Collins Area

Call (303) 500-3200. 

Investment residential and commercial real estate only.

Lower Rates: 6% – 9%

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Hard money loans with lower rates.

Lower Rates
For up to 70% of Net Purchase Price (or 70% of current market value)

  • Interest rates = 9%
  • Lender Origination Fee = 2%
  • Lender Documentation Fee = $1,000
  • No appraisal fees required
  • 180-day loan

Other terms and conditions apply. See more details…

For up to 30% of Net Purchase Price (or 30% of current market value)

  • Interest rates = 6%
  • Lender Origination Fee = 2%
  • Lender Documentation Fee = $1,000
  • No appraisal fees required
  • 180-day loan

Other terms and conditions apply. See more details…

Custom longer-term loans also available for investment residential, industrial, and commercial properties.

We use common sense underwriting to quickly provide loans. We try to be transparent regarding our rates and fees so that we are your clear choice.

More reasons why we are the Colorado hard money lender for experienced investors™.

We provide short term hard money loans (aka Colorado bridge loans) secured by investment and commercial properties only. Borrowers nor their family may not reside in the property (or use the property for personal, family, or household use).

Maximum Loan Amount Increased to $650,000 Per Property

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We have increased the lending limits to $650,000 per single-family detached. You can find more details regarding the loan programs on the Fix & Flip Loan Page or the more details to Fix & Hold Loan Page)

Good Funds Lending, LLC is focused on being the best hard money lender for experienced investors in the Colorado Denver Metro Area. Inquire about a Denver Colorado Hard Money Loan with Good Funds Lending

Alternatives to Hard Money

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It is important to us to act to ethically and feel good about our business; therefore we want our potential borrowers to carefully consider all their potential options before deciding if hard money loans make sense for them.

Common solutions that may be less expensive than hard money include (this is not a comprehensive list):

  • Personal savings or personal investment accounts
  • Self Directed IRA
  • Home Equity Lines Of Credit (HELOC) or other loans based on a borrowers existing assets
  • Friends & Family Loans
  • Loans from traditional channels including national banks, regional banks, community banks and credit unions

When less expensive financing such as the above are not a good fit or will not work for reasons like the following:

  • Insufficient personal funds (savings, investment accounts etc.) available or insufficient to pursue multiple projects at once
  • Insufficient Self Directed IRA funds available or insufficient to pursue multiple projects at once
  • Insufficient HELOC (or other loans based on a borrowers existing assets) funds or insufficient to pursue multiple projects at once
  • Friends and family loans are not available
  • Friends and family loans are not an option for personal reasons
  • Traditional lenders can not make the loan fast enough to get the property
  • Loan will not be approved because the borrower has too many loans or properties with loans
  • Loan will not be approved because the property is not in habitable condition and requires repair
  • Loan will not be approved because the borrower does not have sufficient income
  • Loan will not be approved because the borrower has poor credit
  • Other reasons make the alternatives unattractive or unavailable, but the property is good investment

Hard money loan may be a good solution. However hard money is typically a relatively high costs loan and typically does not reduce your risks or obligations.

We are the Colorado hard money lender for experienced investors™. We provide our borrowers with flexible, quick and direct service and have lower rates and fees (compared to other Colorado hard money lenders).

We are not attorneys, accountants, or professional advisors and we recommend you consult your own advisors before acting. We make no claims, promises or guarantees about the accuracy, completeness, or adequacy of the information and none of the content should be advice or considered offer or agreement.