Colorado Hard Money Loan Programs

Want a term sheet or to start the application process? Submit a Loan Inquiry (free)
Single Family and 2-4 Unit Residential:
No Upfront Fees; No Appraisal;  No application fees;  No fees to us, unless we originate the loan

In fact the only 3rd party costs we commonly require the borrowers to incur before we make loan commitment decision are:
  – Sewer Scope Report from an qualified and reputable company (Required if the property has a certain profile or is in area with known issues)
  – Mitigation or abatement assessments from a qualified and reputable company (Only required if there is a perceived potential complicated issue [e.g. structural issue, asbestos, roof issue etc.])

Commercial and industrial properties may require appraisals and fees and are determined on a case by case basis.

Hard Money Loan Programs Overview

Fix & Flip 9%Fix & Flip 12%Bridge
No Rehab Funds
Monthly Payment
180 days
(loans with longer terms available)
Rehab Funds Option
No Monthly Payment
6 months
No Rehab Funds
Single Payment
30 days
+Up to five 30 day extensions
Loan Amount$100,000 – $650,000$80,000 – $650,000$100,000 – $2,000,000
Interest Rate9%12%1% Per 30 days
Origination Fee2%2%1%
Doc Fees$1000$1000$1000
No Prepayment PenaltyNo Prepayment PenaltyNo Prepayment PenaltyNo Prepayment Penalty
Appraisal ChargesNoneNoneNone, unless industrial or commercial property
Application Fee$0$0$0
Lender Upfront FeesNoneNoneNone
Maximum Loan Ratios*Up to 70% of estimated current value
If purchasing up to 70% of the lower of the net purchase price or estimated current market value
Up to 70% of est. after repair value for single family detached property
Up to 65% of est. after repair value for condos & townhomes
Up to 70% of lower of est. current value or purchase price for single family detached or 1-4 unit attached residential
Maximum Funds Toward Purchase*Up to 70% of estimated current value
If purchasing up to 70% of the lower of the net purchase price or estimated current market value
Up to 80% of est. current market valueUp to 70% of lower of est. current value or purchase price for single family detached or 1-4 unit attached residential
Term Length180 days
(loans with longer terms available)
6 months30 days
+Up to five 30 day extensions
Minimum Interest Period1 day1 day1 day
Prepayment Penalty$0$0$0
Regular Monthly Payments Due0.75% of Initial Principal
Due the last day of each calendar month
First month's interest is typically prepaid at closing.
Extension Fee or Beyond Original Maturity Date Fee
(During Extension Period)
2% of loan principal balance due on the first day of the extension periodif loan is not paid in full on or prior to the the original maturity date:
0.3% of initial principal is due every 30 days with the first such fee due and payable on the original maturity date (does not necessarily extend the maturity date)
1% For 30 day extension
Draw Request Fee (Only for loans with Rehab Draw Accounts)Not Applicable$75Not Applicable
Default Rates/Fees/PenaltiesDescribed in loan documentsDescribed in loan documentsDescribed in loan documents
Loan TypeHard Money (Hard Asset Based)Hard Money (Hard Asset Based)Hard Money (Hard Asset Based)
More Details…More Details…More Details…

*Loan to value ratios may vary by the type of property (e.g. SFR, Townhome, Multifamily, Industrial, Office, Retail), loan type (purchase vs refi), seller relationships, and the size of the loan. Purchase price refers to the net purchase price as determined by the contract price for the property less any concessions, payments or fees paid by the seller.
The borrower will need additional funds during the loan to pay for items including without limitation taxes, utilities, insurance, property maintenance and cleaning expenses, staging expenses, cost overruns, other expected or unexpected expenses, and all repair/rehab costs. In the event of default, there may be additional fees for administrative, collection, legal, insurance, lien payoff or other expenses. More detail provided in loan documents.

This website contains general loan guidelines. This website does not provide loan offers. Loan documents contain a complete set of terms and conditions for a loan. Terms may vary by properties and borrowers. See the Terms of Use and F.A.Q. for important information. Good Funds Lending, LLC provide hard money loans for investment properties in the Denver, Boulder and Colorado Springs areas.

Additional Notes

  • Estimated values, estimated costs or other judgments related to similarity referred to above are based on our estimates and opinions. We typically estimate market value of properties based on what we believe will be a price likely to produce a sale with in 30-45 days.
We are a private lender seeking:
  • To provide loan beneficial to the community, the borrowers, and Good Funds Lending, LLC
  • Long-term relationships with ethical people
  • Borrowers strategically using hard money, often because banks and credit unions are too slow or unreasonalbe to capitalize on an opportunity.
We are a hard money lender that that is easy to work with and talk to. Please contact us about your Colorado hard money questions.

Hard money is not always the best solution. You should consider other options before using hard money.

Our Colorado hard money business is aimed at helping smart and ethical borrowers, where our borrowers use our hard money loans only when appropriate and as a part of their financing strategy.

Answers to frequently asked questions regarding Good Funds Lending, LLC and Colorado hard money loans are available on our Frequently Asked Questions Page.

Colorado hard money loans for single family, multi-unit residential (2-40 units), operating/occupied commercial , and operating/occupied industrial properties in the Denver Metro Area (residential properties must be non-owner occupied).

Colorado is a wonderful place to live and do business. We are happy to be a part of the Denver business community.
Good Funds Lending, LLC provides short term hard money loans secured by investment properties only (not properties intended for personal, family or household use). Borrowers may not reside in the property.