Direct Lender for Property Investors and Developers

Lead Funding is a direct private lender operating within Arizona, Colorado, Texas, and Washington state. There are many advantages to working with us. As a direct lender, we can underwrite and make decisions in 1-2 business days. We understand the dynamics of the investment real estate market. We work with a sense of urgency, so timely and informed decisions can be made quickly. To date, Lead Funding has loaned in excess of $500,000,000 directly to investors and has experienced a high client retention rate. In fact, our clients often keep multiple loans and continually borrow for new acquisitions as they turn over their investment properties.

  • Ability to fund 100% of the purchase price
  • Ability to fund and close in 2-5 business days
  • Competitive pricing and terms
  • A direct lender with all lending decisions in-house
  • Over $85,000,000 capital available for funding
  • Ability to fund new construction loans
  • Free Application processing, “Proof of Funds” letter for securing properties and “As Completed” valuation reports
  • Expert advice and consultation throughout acquisition and remodel process
  • Key vendors relationships – building supplies and discount brokerage
  • Strong sub-contractor referral network

We also provide funding for licensed Cannabis use properties in Colorado.

Property Geographic Area Details
Arizona, Colorado, Texas, Washington. In Colorado we will consider all areas throughout the state. For AZ, TX, WA the property must be located in a major metro area.
Loan Amounts
$100,000 to $6,000,000
Interest Rates
10% to 12%
Loan Terms
6 months to 36 months
Origination Fees
2% to 2%
Lien Position
1st
Collateral Types
  • Residential Property
  • Commercial Property
Loan Purpose
  • Investment Acquisition
  • Investment Refinance
  • Improve Subject Property
  • Use Equity to Invest in Another Property
  • Business Working Capital
  • Value Add Project
  • Development Project
Property Occupancy
  • Vacant
  • Tenant Occupied 100%

Property Types

  • 2-4 Units Residential
  • Cannabis Dispensary
  • Cannabis Grow Facility
  • Commercial Condominium
  • Industrial
  • Mixed-Use
  • Multifamily
  • Office
  • Portfolio of Residential Properties
  • Ranch
  • Single Family Residence

Loan Types

  • Private Money
  • Hard Money
  • Residential Bridge
  • Residential Fix and Flip
  • Residential Rehab and Rent
  • Commercial Ground-Up Construction
  • Residential Ground-Up Construction

Specialty Loan Types

  • Cannabis Use Properties

Max Loan-to-Purchase Price

100%

Borrower Must Have Property Under Contract

yes

Will Provide Proof of Funds Letter

yes

Will Consider Lending on Purchase from Auction

yes

Allowed Source of Borrower’s Equity

  • Own Cash
  • Partner
  • Equity in Subject Property
  • Equity in Another Investment Property
  • Seller Financing
  • Gap Lender
  • Family

Experience Required

no

Minimum Number of Value-Add Projects Completed by Borrower

0

Will Provide Funds for Renovation Costs

yes

Max LTC for Renovation Costs

100%

Interest Charged for Renovation Costs

Entire Amount of Total Project Costs

Typical Number of Days for Funds Draw

1

Maximum After Repair Value

75.00%

Documents Fee

Loan doc fee paid at closing. $1000 to $1500 depending on the loan amount. No other fees charged to borrower in most cases. Additional third party fees may apply to some commercial property loans.

Fees which are mandatory for all new borrower clients

  • Documents Fee
  • Renovation or Construction Funds Draw Fee

Details and Requirements

Typical Closing Time (Days)

3

Fastest Closing Time (Days)

1

Payment Structure
  • Interest Only
Pre Payment Penalty

no

Will lend to a foreign national

no

Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage

yes

Will Consider Collateralizing Multiple Properties in One Loan

yes

Will Consider Equity Joint Venture

yes

Joint venture partner may not have management rights and must be a minority owner.
Borrower Entity Types Considered
  • Individual(s)
  • LLC
  • Limited Partnership
  • Trust
  • Corporation
  • Self-Directed IRA
Documentation Required
  • Bank Statements
  • Financial Statements
  • Loan Application
Personal Guaranty (Recourse) Required
Always
Credit Check Required

yes

Credit Check Description

No minimum credit score per borrower. Scores are considered as a whole together with the asset itself, liquidity, net worth, and experience.

Appraisal Required for Residential Property

Sometimes

Appraisal Required for Commercial Property

Always After Funding

Broker Price Opinion (BPO) Accepted for Residential Property

Sometimes

Broker Price Opinion (BPO) Accepted for Commercial Property

Sometimes

Legal Disclaimer

Rates, Fees, and terms are subject to change. All loans subject to final underwriting review.

Additional Details

No third party fees for most loans. Commercial appraisal fee paid by the borrower on commercial property loans.

Get In Touch

Lead Funding pays us to be listed, so there is no fee to connect. Share your loan request, send a simple email, call, or visit their website.

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Lead Funding’s mission is to offer private financing to local real estate investors with competitive rates, hassle-free and quick terms, and complimentary essential tools. This “holistic” approach assists small to large real estate investors and is truly industry unique. To date, Lead Funding has loaned in excess of $700,000,000 directly to investors and has experienced a high client retention rate. In fact, our clients often keep multiple loans and continually borrow for new acquisitions as they turn over their investment properties.

Today, Lead Funding has a private fund of about $85 Million and operates within Arizona, Colorado, Texas, and Washington state. We’re proud to be a direct lender that can underwrite and make decisions quickly to help you build a successful flipping or acquisition business. We understand how dynamic the investment real estate market is. That’s why our customer service is often described as “unparalleled.”  We work with a sense of urgency—which is often required—so timely and informed decisions can be made quickly.

Lead Funding is a spin off from Essence Homes, a regional builder, remodeler, and developer that operated in Arizona and Colorado. Since 2009, the company has successfully completed over $90,000,000 in residential projects.

“Our commitment is straightforward and will not deviate. Lead Funding will continuously strive to get better so our investor partners can maximize their profits. Our commitment for excellence will never stop from the initial call to funding to completing the remodel to a profitable resale. With Lead Funding, you’ll always be assured you’re dealing with competent professionals who strive to exceed your expectations.”  – Victor Mitchell, CEO and Founder

License

NMLS# 1375924, AZBK# 0930466

Year Established

2008

Associations

  • National Private Lenders Association - Member

Office Locations

Main Office
7400 East Orchard Road STE 3000N, Greenwood Village, CO 80111

Primary Capital Source
  • Own Funds
  • Individual Investors
  • Friends & Family
Alternative Capital Sources
  • Individual Investors
  • Bank Credit Line
Loan Structure for Majority of Loans
  • Own Balance Sheet
Percentage of Loans Secured by Commercial Property

30%

Total Number of Loans Funded to Date

1500

Total Loan Volume Funded to Date

$700,000,000

Our Team

Victor Mitchell

CEO

Jason Richards

Vice President - Operations

Al Roberson

Vice President - Business Development and Construction

Funded Deals

Get In Touch

Lead Funding pays us to be listed, so there is no fee to connect. Share your loan request, send a simple email, call, or visit their website.

Stay Informed About Private Lending

Receive our monthly newsletters with valuable insights and industry updates
subscribe-illustration
Before You Contact Us

Our Minimum Loan Amount Is

$100,000

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