Colorado Bridge Lenders for Residential Properties
Are you seeking a bridge loan secured by residential property in Colorado? On this page you'll find a list of select bridge lenders for Colorado investment properties with 1 to 4 units. To get a 1st lien bridge loan, you must have at least 30% equity. Due to state laws and regulations, it's not possible to get a bridge loan for a homestead (owner-occupied primary residence) or 2nd home. Change the loan type to 'Residential Owner-Occupied' to find some alternative lending options.Searching...
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Easy Street Capital
Direct Lender for Residential Flips and Rentals
Hilton Financial Corporation
"When the bank says NO or moves too slow" TM.
Rain City Capital
Quick, Simple, Reliable Direct Lender for Real Estate Investors
Park Place Finance
Nationwide Direct Private Lender for Residential Real Estate Investors
Old North Capital Fund, LLC
True asset-based financing | No credit check, No appraisals, No prepay
Boomerang Capital Partners
The Best Flippin' Lender for House Flippers
LendingOne
Rental, Fix & Flip, Construction & Multifamily Bridge Loans Nationwide
Kiavi
Servicing 12,000+ Real Estate Investors Across the Country
Lima One Capital
The Nation's Premier Lender for Real Estate Investors
RCN Capital
Direct Lender for Residential Fix & Flip, Long-Term Rental, Bridge Loans
Arch Loans
Low and High Leverage Options, up to 90% of purchase price for fix & flip
Yieldi LLC
Direct Lender for Investment Properties - Bridge, Rehab, Construction
Conventus
We Fund Fast While Providing Excellent Service and Competitive Pricing
Diya Finance
Bridge and Rental Loans Made Easy
ZINC Financial
HouseMax Funding
Hard Money Loans to Fund Your Next Big Project
American Heritage Lending
Direct Lender for Residential Real Estate Investors Nationwide
Stormfield Capital, LLC
Direct Balance-Sheet Lender for Investment Properties
Center Street Lending
Smarter Loans for Residential Property Investors
Nationwide Mortgage
Outstanding Service for Investment Property Bridge, Rehab, Rental, and Construction Loans
Capital Fund 1, LLC
Reliable Private Money for Your Real Estate Projects
Colorado Bridge Loan Interest Rates
According to the loan documents software company, Lightning Docs, the average interest rate for Colorado bridge loans in the 1st quarter of 2024 was 11.06%. The average loan amount was $637,970. These stats are the average of 84 short-term loans (including rehab and ground-up construction loans) funded for properties in Colorado between January 1, 2024 and March 31, 2024 by multiple bridge lenders that use Lightning Docs as their preferred software provider to prepare loan documents.
According to private lending data provider, Analytics Logics, the average interest rate for bridge loans secured by residential investment properties in Colorado in the 1st quarter of 2024 was 11.84%. Lenders charged an average of 2.5% points (origination fee). The average LTV (loan-to-value) for bridge loans in Colorado was 66%, and the average loan amount was $750,590. These stats are the average of all the loans which were funded between January 1, 2024 and March 31, 2024 by the many private lenders who use Liquid Logics’ loan origination software to manage their lending operations.
Top 10 Colorado Bridge Loan Lenders
According to Forecasa™, here are the Top 10 Bridge Lenders ranked by the number of bridge loans originated in Colorado in the last 12 months from March 2024.
- Merchants Mortgage and Trust Corporation
- Capital Fund I LLC
- Indicate Capital Fund
- Impact Development Fund
- Kiavi
- PFG Fund (Pine Financial Group)
- Boomerang Capital Partners
- The Loan Store (Old North Capital Investments LLC)
- Cash Flow Company
- Renovo Financial
Forecasa™ provides analytics data for Colorado bridge loans on a quarterly basis. You’ll find their top lenders data for many other states on our platform.
Funded Residential Bridge Loans in Colorado
Bench Equity, a private lender for alternative loans, funded a $350,200 bridge loan in 1st lien position for the acquisition of a single-family residence in Arvada, CO. We funded 85% of the $411,000 purchase price, while the Borrower contributed 15% cash at closing. The Borrower was part of an experienced investor group that prioritizes No-Points loan options for the flexibility it offers fix and flippers who want to get in and out of deals quickly. We offered maximum leverage (85% of purchase price) and were able to get the deal funded in less than a week! The subject property was in good condition and vacant at closing. The Borrower plans to sell the property upon completion of rehab. The interest rate was 13.25%. The loan term was set at 6 months. This SFR bridge loan was funded in November 2022.
Refinance Bridge Loan for Short-Term Rental Home in Denver, Colorado
$555,000
Center Street Lending, a direct private lending firm funded a $550,000 bridge loan for the purchase of a single-family residence in Denver, CO. The purchase price was approximately $733,000 so our 1st mortgage was a 75% loan-to-value and the Borrower put down 25% cash. They plan to operate a short-term rental with nightly or weekly guests. Conventional lenders don’t currently lend on these types of rentals, and even most private/hard money lenders won’t consider them either. Center Street is comfortable with short-term rental in select metro areas, and the projected income is likely to be greater than a standard long-term tenant. The loan term was set at 36 months. The Borrower plans to eventually refinance into a permanent loan once a rental track record has been established for at least one or two years. This SFR bridge loan was funded in September 2021.
