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%

Max Loan-To-Value


Max Loan-To-Cost


Origination Fees

2% to 2%

Loan Terms

6 months to 36 months

Lien Position

  • 1st

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 and Loan Types

Collateral Types

  • Residential Property
  • Commercial Property

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

Details and Requirements

Typical Closing Time (Days)


Fastest Closing Time (Days)


Works With

  • Brokers
  • Borrowers

Payment Structure

  • Interest Only

Pre Payment Penalty


Will lend to a foreign national


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


Will Consider Collateralizing Multiple Properties in One Loan


Will Consider Equity Joint Venture


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


Credit Check Required


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


Appraisal Required for Commercial Property

Always After Funding

Broker Price Opinion (BPO) Accepted for Residential Property


Broker Price Opinion (BPO) Accepted for Commercial Property



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

Legal Disclaimer

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


NMLS# 1375924, AZBK# 0930466

Year Established



  • National Private Lenders Association - Member

Office Locations

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

Primary Capital Source

  • Own Funds

Alternative Capital Sources

  • Individual Investors
  • Bank Credit Line

Loan Structure for Majority of Loans

  • Own Balance Sheet

Alternative Loan Structures

  • Own Balance Sheet

Percentage of company’s lending business focused on private mortgage


Percentage of Loans Secured by Commercial Property


Percentage of Loans Secured by Residential Property


Percentage of Residential Property Loans Which are Fix and Flip


Percentage of Residential Property Loans Which are Buy and Hold


Percentage of Loans Secured by Land


Percentage of Commercial Property Loans Which are Ground-Up Construction


Percentage of Residential Property Loans Which are Ground-Up Construction


Total Number of Loans Funded to Date


Total Loan Volume Funded to Date


2017 Number of Loans Funded


2017 Loan Volume Funded


2018 Number of Loans Funded


2018 Loan Volume Funded


2019 Number of Loans Funded


2019 Loan Volume Funded


Victor Mitchell


Victor Mitchell, 52, of Castle Rock, Colorado is a successful businessman and life-long entrepreneur who has founded or turned around varied companies ranging from wireless to technology to real estate services to finance. As the CEO & Founder of Lead Funding, the company has experienced high organic growth since its inception in 2008, serving clientele in multiple states. Victor Mitchell previously founded several successful wireless communications companies and turned around several others. His innovative management strategies allowed numerous “mom-and-pop” wireless retailers to achieve financial success by aggregating their selling power to bargain successfully for favorable rights from national wireless service providers. In 2000, one of his companies was named “Colorado Small Business of the Year” by the Denver Metro Chamber of Commerce. Mitchell has also been featured in Entrepreneur magazine, CNN, and many other well-known publications. When he’s not serving his company, Mr. Mitchell serves the broader Colorado community. Victor and his wife of 28 years, Amy, have been active in numerous civic and community organizations, including the Rotary Club and Meals on Wheels. Mr. Mitchell is also a former Colorado State Representative and served in Colorado’s 66th General Assembly representing a population of 80,000. Ever the entrepreneur, at only 21 years of age while attending college, Victor Mitchell started his first enterprise. Subsequently, he has never worked for anyone else. Victor Mitchell has served as an adjunct faculty member in the College of Business at Colorado State University and completed his undergraduate degree at San Diego State University and earned his master’s degree at The Kennedy School of Government at Harvard University. The Denver Business Journal placed Mr. Mitchell on its coveted “top 40 under 40” list of business executives. Victor Mitchell was a finalist in Ernst and Young’s nationally recognized “Entrepreneur of the Year” contest.

Jason Richards

Vice President - Operations

Jason Richards is a highly seasoned expert in the real estate industry. He has an extensive background in Title Insurance and Settlement Services which provides resources to Lead Funding clients not found anywhere else in private financing. His entry into the real estate sector dates to 1996 and includes a broad scope of responsibilities including Business Development, Operations Management, and Growth Planning. Jason brings a unique set of skills to Lead Funding that provide invaluable insight, robustness of process, and scalability. His foresight and keen eye for potential pitfalls provides tremendous value to our clients and ensures the stability and longevity of Lead Funding.

Al Roberson

Vice President - Business Development and Construction

Al Roberson oversees all aspects of Lead Funding’ site visits and construction draws. Al has a long history of exceptional customer support in conjunction with over 10-years of development experience. Al personally has managed more than $140M of construction projects including new home builds, large and small fix-n-flips, pop-tops, and large apartment renovations. Al also has deep institutional knowledge in contractor negotiations, contracts and waivers, and has established a trusted network of construction related vendors and sub-trades. Al served in the U.S. Navy for 6 years and has worked with Victor Mitchell for the past 30 years.

Completed Transactions

Lead Funding

Private Loan Funding
Denver, CO
Single Family Residence


Lead Funding

Private Loan Funding
Arapahoe County, CO
Single Family Residence

Residential Ground-Up Construction

Lead Funding

Private Loan Funding
Aurora, CO

Commercial Ground-Up Construction

Lead Funding

Private Loan Funding
Alamo Heights, TX
Single Family Residence

Residential Fix and Flip