If you’re seeking a hard money loan in the Denver metro area, you probably already know the basics of how hard money loans work. However, a quick refresher might be helpful.
Hard money loans, in Denver and elsewhere, hard money loans are made on property, based on the value of the property in a quick sale, if the borrower defaults. Hard money loans are useful to property owners with distressed financial situations, and to commercial borrowers.
When you’re seeking a Denver hard money loan, one of your most important steps is finding a mortgage broker who understands the hard money loan market, understands Denver real estate, knows the lenders who offer hard money loans in Denver, and works with customers to find exactly the right lender and the right loan.
There are certain things you should look for when you select a mortgage broker to help you obtain a Denver hard money loan.
First, you should seek a mortgage broker who has been in business for a while, has relationships with a number of lenders, and is well-established. You never want to work with a fly-by-night outfit, but particularly not when you’re looking for a hard money loan.
Second, you should talk to the mortgage brokers you’re considering, and get a feel for how they treat their customers. You want help finding hard money loans in Denver, but you also want to be treated with respect and to feel that your business is important to your broker.
In short, you want a good fit between you and your mortgage broker. You want to know that when your broker helps you find the best Denver hard money loan, that broker has your best interest in mind. You want a broker who is very customer-focused and who understands that every borrower is an individual with unique needs.
The right broker will make your Denver hard money loan search easier, and put you in the best position in terms of your loan and your future in business. Seth Taylor, at Cherry Creek Mortgage, is the right broker, and will make sure that you get exactly the loan you need.
Our focus is on the customer, and we treat each customer as a person with specific needs, not as an application or a number. We look at every aspect of your business and financial profile, and match you to the lenders, and commercial property mortgages, that we feel best fit your requirements.
We work very hard to make sure that you get the best loan, the best rates on Denver hard money loans, and the best terms. We understand what you need, as a hard money borrower, and we work hard to make sure you get everything you deserve.
"I called Seth just to find out ifthe rate quoted by my bank was fair. It turns out that Seth offered a much lower rate/fees. My mortgage loan closed on time and I saved over $5,000 with a lower interest rate. Seth was right there every step of the way." -- Rob P. Denver
5.250 |
30 Year Fixed (5.349 APR)* |
4.750 |
15 year Fixed (4.8495 APR)* |
4.125 |
5 year ARM (4.104 APR)* |