Reliable Colorado Springs Fix and Flip Lender
There’s something thrilling about taking an old, outdated property and turning it into something impressive. Many people love experimenting with designs and transforming a decaying home into a stunning property.
Unfortunately, this requires a lot of commitment and capital, which can be difficult to acquire from traditional financial institutions. We at Abbey Mortgage & Investments are a trusted Colorado Springs fix and flip lender. As a private lending company, we know how the real estate market works and understand the potential of these kinds of projects.
Benefits of a Private Fix and Flip Lender
Traditional financial institutions like banks have several rules and regulations. They can’t lend money to candidates who don’t fit their profile, even if there’s a lot of potential profit in such an investment. We are different because our underwriting process is more straightforward. Our experienced consultants know how this industry works and look at the investment instead of your financial history. Here’s a look at some reasons why a private Colorado Springs fix and flip lender is a better choice:
- Quick Approval – Banks and financial institutions can take anywhere between three and six months to approve a loan. Most fixer-uppers don’t stay on the market for that long. We approve applications within 5 to 10 days and even complex applications only take a few weeks.
- Wide Range of Options – We offer a wide range of options to clients based on their needs and priorities. You can decide whether you want to pay 20%, 30%, or more out of pocket. Our experts will provide customized solutions.
- Better Chances of Approval – As we base our decision on the investment strategy instead of financial history, our approval rate is higher than that of traditional banks.
If you’re looking for some expert advice or need a Colorado Springs fix and flip lender, we at Abbey Mortgage & Investments can help. Contact us today to get a customized plan for your requirements.