As the old saying goes, time is money. There’s a reason that phrase has stood the test of time and in this day and age, it’s truer than ever before. People in the modern era find themselves bombarded with a number of different things that are competing for their time. From taking your dog for a walk to checking in on social media to calling your parents to catching up on the latest television shows, there are plenty of things that can occupy a person’s time.
Add in getting a loan and it can sometimes get even trickier. That’s where hard money loans can come into play. We’ve been providing assistance to a number of communities in Colorado for more than two decades and there’s no other place we would rather be. There’s nothing quite like seeing the smile come across a client’s face when they finally secure the financing they need to make their dreams come true and it plays a big part in why we do what we do.
Abbey Mortgage and Investments Is Here to Help Make Your Dreams Come True
Whether you’re developing a piece of real estate or you’re starting a business, sometimes finding hard money lenders can seem like a challenge. Fortunately for you, you’ve found Abbey Mortgage & Investments, Inc. Our goal is to take the stress out of the entire situation by being there for you throughout the process. When you have questions, you can rely on us to be there to make sure you understand exactly what’s going on.
You probably know that no two experiences are going to be the same, but you should also know that when you choose to partner with us you’re going to get a better experience that takes your specific needs into account. You deserve to be in the loop and it’s our mission to set you up for success in your endeavors, whatever they may be. In short, when you want to know for certain that you’re working with the best of the best, there is no better choice than Abbey Mortgage.
What Exactly Is a Hard Money Loan?
If you aren’t familiar with hard money loans, they might seem a bit tricky, but at the end of the day, all it means is that you’re getting a loan that affords a private party with the funding necessary to invest in a real estate opportunity that is time-sensitive.
A Few Things You Might Not Know About Hard Money Loans
It’s Easier Than Working With a Bank
If you’ve ever applied for a home loan through a bank, you may have been overwhelmed at all of the questions and personal information that is necessary to get your loan to go through. Banks take into account your credit history as well as your debt to income ratio when choosing whether or not to approve you for a loan.
In many instances, this process can take some time. Working with a hard money lender, on the other hand, is generally seen as being much easier thanks in part to the fact that a decision can be made much more quickly. Speaking of which…
It Often Saves Time
Rather than focusing on credit history, a hard money loan takes into account how much equity you have in order to finance your current venture. As a matter of fact, being approved for a hard money loan can generally be done in as few as five days. If time is of the essence for your project, this is most definitely the right route to take.
In the business world, things often need to move quickly to succeed. Saving time anywhere you can is in your best interest and we’re here to help. As we mentioned above, every situation is different, but what you can always rest assured of is that our team is working behind the scenes to ensure your complete and total satisfaction throughout the entire process. In short, when you choose to work with Abbey Mortgage, you can save the most precious commodity around–your time.
There is Much Less Paperwork
Let’s use the example of getting a home loan once more. It’s often a case of sign this, initial that, approve that. Wikipedia notes that “such loan options are popular for their fast approvals, higher flexibility, [and] less tedious documentation procedures.”
In other words, many of the things that are the trickiest about loans are made much easier with a hard money loan. Interest rates can be higher, but for many people the trade off is more than worth it in order to ensure that their goals are met and their dreams come to fruition. At the end of the day, it’s our goal to help you get to where you need to be and we’d love to speak to you about the process.
Don’t Hesitate to Contact Us
Regardless of your goals, we want you to know that we’re here to help. We also know that a lot of this can sound tricky, but rest assured that our team will walk you through the process at each point to make sure you have a full understanding of the procedure. We work hard to keep our clients in the loop!
Have a question? Don’t hesitate to reach out to us by filling out our form or giving us a call at 970-541-1694. We look forward to hearing from you!