Why Choose a Private Lender for Investing in Real Estate?
Real estate investment requires steady resources and a good plan of approach. You should be able to buy a promising property before someone else snatches it up. Unfortunately, banks aren’t suitable for such transactions because they have a slow application process. Here’s why getting Colorado investment property mortgage from a private lender is the right choice:
- Less Documentation – Collecting documentation for your application is the most tedious and time-consuming part of the process. While we need some essential paperwork to approve your application, our method doesn’t require whole stacks of attested papers.
- Underwriting – We have a different underwriting approach that focuses on the buyer and property instead of looking at their credit history. As an experienced private lender, we know that even the most successful investors have a few credit history issues. Our goal is to find excellent investment opportunities, not financial faults.
- Speed of Approval – Our team endeavors to get through an application in a few days or weeks instead of making clients wait for months. This ensures you can buy that promising investment opportunity before it goes off the market.
If you want advice or more information from experienced professionals on Colorado investment property mortgage, don’t hesitate to reach out to us at Abbey Mortgage & Investments for a customized plan.