Loan Offer

Presented by
Todd Hoffman
Todd Hoffman

Good Funds Lending, LLC

Created On: April 15th, 2016

Updated On: July 1st, 2017

Loan Offer in CO

Amount: $100,000 - $650,000

Interest Rate: 9% - 9%

Duration: 6 Months

Loan to Value: 70%

Category: Real Estate

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Denver Colorado Hard Money And Bridge Loans for Investment Properties

Posted on April 15th, 2016| Updated on July 1st, 2017| by Todd Hoffman

Up to 70% Current Market Value Loan Program
- 9% Interest (360 Day Basis)
- No Prepayment Penalty
- 2% Origination Fee
- $1,000 Documentation Fee
- 180 Day Loans
- Up to 70% of lower of est. current value or purchase price
- 4-11 days to originate after application and all documentation is supplied
- Requires entity, that holds title, and 2 qualified human as borrowers

Single Family and 2-4 Unit Residential: NO UPFRONT LENDER FEES; NO APPRAISAL; NO APPLICATION FEES; No fees to us, unless we originate the loan.

The only 3rd party costs we commonly require the borrowers to incur before we make loan commitment decision are:
– Sewer Scope Report from a qualified and reputable company (Required if the property has a certain profile or is in area with known issues)
– Mitigation or abatement assessments from a qualified and reputable company (Only required if there is a perceived potential complicated issue [e.g. structural issue, asbestos, roof issue etc.])

Specific Loan Program:

Online loan inquiry with no cost.

Hard money loans with lower rates and lower fees for experienced investors (borrowers have typically completed 2+ similar projects or are licensed contractors, architects, or professional engineers).

As a trustworthy and reliable Colorado hard money, Good Funds Lending, LLC is proud to provide hard money bridge loans and fix & flip loans in the Denver Metro Area.

Good Funds Lending, LLC provides short term hard money loans for properties that are for investment purposes only, and not for personal, family or household use.

The information and terms contained herein are general guidelines and not binding offers, nor does the information contained herein represent a complete set of terms and conditions.

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