Colorado Springs Rental Property Mortgage
Investing in rental property requires a lot of capital and sometimes banks are reluctant to grant it. Many prospective investors are forced to give up because traditional financial institutions consider their credit score or bank balance unsuitable. At Abbey Mortgage & Investments, we encourage you to consider Colorado Springs rental property mortgage from a private lender. As experienced lenders in the real estate industry, we know what investors need and offer a wide range of solutions.
Benefits of Private Rental Property Mortgage
New investors are wary of getting a loan from private lenders but experienced real estate players rely on us more often than they approach banks. Here’s a look at some of the reasons why they trust us over traditional alternatives:
- Easy Application – Our application process is streamlined and easy. You don’t need to submit a pile of documents or make sure your credit history is perfect. Our experts will assess your investment strategy, property, and level of commitment before making a decision.
- Fast Approvals – Loans can take anywhere between three and six months. That’s not a good fit for the fast-paced real estate industry where worthwhile properties change hands quickly.
- Deal-Based Mortgage – Our experts are focused on your success and will only approve a loan if it is a wise investment opportunity. If the strategy is a great deal for both you and us, we will provide the capital quickly.
- Higher Chances of Approval – We don’t focus on your credit history as much as the investment potential so you have a higher chance of getting loan approval from us than from traditional financial institutions.
If you’re looking for some expert advice or need Colorado Springs rental property mortgage, we at Abbey Mortgage & Investments can help. Contact us today to get a customized plan for your requirements.