Private Mortgage in Colorado Springs
Investing in profitable ventures is a good way to create wealth and develop passive income streams. Loans help people without the financial resources to invest money out of their pocket. You can apply for a mortgage at a bank and get enough money to buy a rental property.
Unfortunately, bank loan applications don’t always go through and people who want to invest are left looking for alternatives. At Abbey Mortgage & Investments, we provide private mortgage in Colorado Springs so that you can invest in a desirable property without going through the complicated bank loan application process.
What is Private Mortgage?
A private mortgage is an asset-based loan provided by private lenders instead of traditional financial institutions. You can place an asset with equity as collateral or use the equity of the investment property to get a loan. Our underwriting process isn’t bogged down with different rules and regulations, which means we have more flexibility to finance promising investments.
Why is Private Mortgage a Better Alternative?
Real estate investors prefer private mortgage over traditional loans because they are more convenient and flexible. Here’s a look at why you should consider our private mortgage in Colorado Springs:
- Customized Solutions – We offer tailored solutions based on your investment requirements. Our experts will discuss the strategy with you carefully before recommending a solution.
- Industry Experience – Our experts have worked with real estate investors for several years now and we have ample industry experience. We understand your priorities, challenges, and goals, which helps us provide the most beneficial product.
- Quick and Easy – Our application and approval process isn’t bogged down by red tape. You can get an approval in a matter of days instead of months.
If you’re looking for some expert advice or need private mortgage in Colorado Springs, we at Abbey Mortgage & Investments can help. Contact us today to get a customized plan for your requirements.