Golden Capital Partners provides a variety of loan programs for investment properties including residential (non-owner occupied) single family, multifamily, commercial properties, condos, townhomes, nightly rentals, ski properties, and agricultural properties throughout Colorado. Our office is located in Denver Metro and we serve the entire state.
GOLDEN CAPITAL PARTNERS
Colorado Bridge Loans / Hard Money Loans Lending Guidelines
Types of Collateral
Areas
Minimum Credit Scores
Residential Investment properties, Commercial properties (retail, light industrial, mixed use, office, etc..), condos, nightly rentals, ski properties, Agricultural Properties / land, Special Purpose properties
We cover the entire state of Colorado from Denver & the front range as well as all mountain communities. We live in Colorado and service the entire state.
No minimum credit score, true asset-based lender focusing on the loan collateral
Required Documentation
Upfront Fees
Appraisal
We underwrite our loans on the real estate collateral (commercial or residential investment real estate)
No upfront fees, appraisals, etc…
No formal appraisal is required as we facilitate an in house desktop valuation saving time and money for our borrowers
Loan to Value
Up to 60% on the value of the property (on a purchase, we lend off the purchase price of the property)
Loan Term
Up to 5 years with no prepayment penalties. Typical term is 3 Years.
Colorado Loan Amounts
$250,000 to $2,000,000 ** Depending on location and property type
For properties outside of Colorado, please contact us for specific rates, terms, and lending parameters for individual states.
How Are Residential and Commercial Bridge Loans Different Than a Bank Loan
Category
Basis for Loan Approval
Minimum FICO Scores
Required Documentation
Upfront Fees
Property Type
Loan Money Received
Traditional Bank Loans
Income, credit score, tax returns, financials, appraisals, etc.
Typically 700+
Significant
Appraisals, application fees, etc.
Owner occupied and investment properties, capped on number of properties
60 days +
Hard Money / Bridge Loan
Residential real estate assets
None
Minimal on the property
None
On residential loans can only lend on investment single family homes
Typically less than 10 days
When Is Residential / Commercial Bridge Loan Appropriate?
Borrowers with impaired credit
(Hard Money lenders can lend to borrowers with any credit including past bankruptcies)
Tax Liens
Judgements
unpaid items etc..
Borrowers that need funds quickly on their residential or commercial investment property
Property repositioning
Time constrained borrowers /
Borrowers need a quick closing
Borrowers in need of a stated loan due to tax returns (or lack thereof)
Foreclosure avoidance
Foreign Nationals
Borrowers do not have the time or energy to jump through the multiple hoops of a conventional lender
Complex loans with multiple pieces of collateral
Golden Capital Partners is able to handle many unique residential and commercial real estate financing needs with no upfront fees on investment single family homes.
Second Lien Bridge Loans
Golden Capital Partners can also provide hard money second trust deeds up to a combined loan to a value of 55 - 60% LTV. 2nd position hard money loan requests of $200,000 to $500,000 can be considered. Hard money 2nds are available on investment property and commercial loans