Mortgage loans can be complicated. How do you really know if it makes more sense to explore bridge loans and short term loans as opposed to a more traditional option? In this blog post, we want to take a closer look at the loans we offer and why you should turn to Abbey Mortgage & Investments, Inc.
Also called hard money loans, bridge loans are, essentially, investments to borrowers who need the funds for a time-sensitive opportunity. Why would it make sense to explore bridge loans? Well, we’re guessing you’ve already realized that traditional bank loans often take months to be approved. That said, do you really have time to sit back and wait as the underwriting process is completed? Probably not, especially if you’re in the fix-and-flip business.
Our team at Abbey Mortgage can educate you further about the possibility of a bridge loan for your situation. Don’t let that next deal slip by just because you didn’t explore all options. See what our loan assistance team can do for you.
Short Term Loans
Acquiring a short term loan doesn’t have to be rocket science. Granted, there are instances when Colorado Commercial Loans are slow to be approved. Here at Abbey Mortgage & Investments, we strive to put your financial worries to rest. Our team will customize a short term loan to meet your needs. Whereas other institutions might make you jump through hoops such as mountains of paperwork, we make the process quick and easy. See how we can get your commercial real estate loan closed much sooner than you originally thought was possible.
Fix and Flip Loans
There’s never been a better time to be in the fix-and-flip business. As a result, our Lynx loans continue to increase in popularity. You can feel comfortable knowing that we have extensive experience in commercial real estate all across the Front Range. With Abbey Mortgage & Investments, you don’t have to worry about gimmicks and fees buried deep in the loan documentation. Our upfront costs allow you to achieve your maximum return.
Another one of our more popular money loans, construction loans are ideal for builders. We lend up to 80 percent of the total budget based on the actual total cost to construct. Keep in mind that the term goes out for 10 months with optional extensions according to the terms of the loan’s documents. Even if you have a more elaborate project on your hands, a construction loan could make a lot of sense.
Colorado’s Premier Mortgage Company
You don’t want to settle for just any loan assistance specialist. Abbey Mortgage & Investments has been helping Colorado residents fund their deals for more than two decades. Our mission is to help you save time and make more money. We are more than happy to answer any questions or respond to concerns that you may have along the way.
Abbey Mortgage & Investments is ready to make your next buy your best investment. Schedule a consultation and begin the approval process today.