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Real Estate-Secured Hard Money Loans in Colorado

Posted in: Hard Money Loans
Foreground ColorUtilizing Hard Money Loans, property owners seeking mortgages for Colorado real estate are able to leverage the value of existing real estate holdings to obtain capital for the new real estate purchase.  Lenders using Hard Money Loans often minimize the value of the collateral property that is used to secure the loan to 60 to 70 percent of its value to minimize their risk. Hard Money Loans are typically issued by private investors or companies for projects lasting 3 to 36 months.

A Hard Money Loan is similar to a Bridge Loan.  Hard Money Loan refers to an asset-based loan with a high interest rate and a Bridge Loan is normally used for a commercial or investment property in transition.
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Taylor Mortgage Group, LLC

Phone
303-884-9393
Fax
 
720-306-3813

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CO  License:  100013875
NMLS: 385946
Regulated by the Colorado Dept. of Regulatory Agency



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