Lead Funding
Greenwood Village, CO
NMLS# 1375924, AZBK# 0930466
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 $900,000,000 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 $90,000,000 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 all states (except CA) where cannabis sales are legal.
Property Geographic Area Details
Loan Amounts
Interest Rates
Loan Terms
Origination Fees
Lien Position
Maximum Leverage
Purchase Short-Term (no Value-Add)
Purchase Long-Term
Refinance Long-Term
Residential Fix & Flip
Residential Rehab & Hold
Multifamily Value-Add
Commercial Value-Add
Residential Construction
Multifamily Construction
Commercial Construction
Property Types
- 2-4 Units Residential
- Cannabis Dispensary
- Cannabis Grow Facility
- Commercial Condominium
- Condominium
- Industrial
- Manufactured Home
- Mixed-Use
- Multifamily
- Office
- Portfolio of Residential Properties
- Single Family Residence
Loan Types
- Private Money
- Hard Money
- Residential Bridge
- Residential Fix and Flip
- Residential Rehab and Rent
- Residential Ground-Up Construction
- Commercial Ground-Up Construction
Specialty Loan Types
- Cannabis Use Properties
Max Loan-to-Purchase Price
70%Borrower Must Have Property Under Contract
yesWill Provide Proof of Funds Letter
yesWill Consider Lending on Purchase from Auction
yesAllowed Source of Borrower’s Equity
- Own Cash
- Partner
- Equity in Subject Property
- Equity in Another Investment Property
- Equity in Primary Residence
- Seller Financing
- Gap Lender
- Crowdfunding
- Family
Experience Required
noMinimum Number of Value-Add Projects Completed by Borrower
0Will Provide Funds for Renovation Costs
yesMax LTC for Renovation Costs
100%Interest Charged for Renovation Costs
Entire Amount of Total Project CostsTypical Number of Days for Funds Draw
2Maximum After Repair Value
75%Development Experience Required
noMinimum Number of Ground-Up Construction Projects Completed by Borrower
0Max LTC for Ground-Up Construction Costs
100%Interest Charged for Construction Costs
Entire Amount of Total Project CostsWill Lend on Partially Completed Construction Projects
yesMinimum Loan Amount
$150,000Maximum Loan Amount
$2,000,000Minimum Interest Rate
7.00%Minimum Origination Fee
1%Maximum Origination Fee
2%Minimum Loan Term
120 monthsMaximum Loan Term
360 monthsMaximum Loan-To-Value
80%Maximum Loan-To-Purchase
80%Minimum Debt Service Coverage Ratio
0.90Minimum Credit Score
650Will Lend on a Portfolio of Properties
YesMinimum Number of Properties
1Minimum Property Value
$200,000Documents 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.
Minimum Origination Fee Amount
$-3
Fees which are mandatory for all new borrower clients
- Documents Fee
- Renovation or Construction Funds Draw Fee
Fees which are paid to a third party company
- Settlement Fee
- Title Fee
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Stay Informed About Private Lending
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 $900,000,000 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
Associations
- National Private Lenders Association - Member
Office Locations
Main Office7400 East Orchard Road STE 3000N, Greenwood Village, CO 80111
Our Team
Victor Mitchell
CEO
Jason Richards
Vice President - Operations
Al Roberson
Vice President - Business Development and Construction
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