Why Get a Hard Money Loan From Us?
When you have an excellent investment opportunity or need money to expand a business, the first thought that comes to your mind is a bank loan. While banks do offer a wide range of options for different situations, we at Abbey Mortgage & Investments encourage people to consider alternatives like hard money loans.
What are Hard Money Loans?
Hard money loans, also known as asset-based or private money loans, are offered by hard money lenders in Colorado to private investors or organizations that need money quickly to invest in time-sensitive opportunities. These loans are offered against valuable collateral, which means it is easier for applicants to get money.
No Credit Check will be performed at this time, for review only.
Why Choose Private Money Loans Over Traditional Bank Offerings?
Banks provide a wide range of options, but getting a loan that fits your requirement quickly from these organizations can be challenging. Banks will look into your credit score, financial history, current financial health, etc. before they approve of a loan. This process can take anywhere between 90 to 180 days, depending on the bank and type of loan. That isn’t a suitable option for people like real estate developers who need money to pick up valuable property quickly.
An asset-based loan provided by hard money lenders in Colorado is less complicated. We only look at the equity of the asset you use as collateral and don’t consider things like credit scores or current financial health.
Why Choose Us?
Private money loans are an excellent choice for real estate developers, people working on rehabilitation projects, and making worthwhile investments. We have worked with many individuals and establishments so you can rely on us to provide tailored solutions for your requirements.
If you want advice or more information from experienced hard money lenders in Colorado, don’t hesitate to reach out to us at Abbey Mortgage & Investments for a customized plan.