Investor Friendly Mortgage Companies in Colorado?

Investor Friendly Mortgage Companies in Colorado?

Rental Property Investor · Greeley, CO · Member since 2020 · 5 posts · 1 vote

I live in Greeley, Colorado and am looking at a property in Grand Junction. Can you recommend some investor friendly mortgage lenders in Colorado? I am looking to make an offer on a property and I’m a little bit short (maybe $10k) of a 20% down payment.

I am already in a house hack, so I can’t go the 3-5% down route. I’m looking at getting qualified for a 30 year mortgage, but need some ideas on the down payment shortage. I figure a good mortgage company will have some hard money leads, etc.

Thanks in advance!

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  • Real Estate Agent · Grand Junction, CO · Member since 2020 · 23 posts · 5 votes
    5y

    @Joe Johnson

    Hi Joe,

    Pine Financial Group handles hard money loans in Colorado. They are very responsive and offer lots of education for investors. https://pinefinancialgroup.com/

  • Rental Property Investor · Greeley, CO · Member since 2020 · 5 posts · 1 vote
    5y

    @Brandi Vigil

    Awesome Brandi, I’ll call them! I really appreciate the lead!

  • Real Estate Agent · Grand Junction, CO · Member since 2020 · 23 posts · 5 votes
    5y

    @Joe Johnson

    Your welcome!

  • Paramus, NJ · Member since 2015 · 11 posts · 1 vote
    5y

    Hi Joe - as a private lender, I'd recommend exploring other financing options. Long term oriented as opposed to hard money. 

  • Specialist · Huntsville, AL · Member since 2020 · 200 posts · 105 votes
    5y

    @Joe Johnson Are you purchasing the property as an LLC if so I cac recommend a few lenders?

  • Rental Property Investor · Greeley, CO · Member since 2020 · 5 posts · 1 vote
    5y

    Hello all, I am looking for a long term lender in Colorado.  A broker is fine as well.  I just might need $15k help with the down payment.  I do not want to purchase the entire property with hard money. I’m looking for recommendations for reputable mortgage companies that are investor friendly and might have some ideas on the down payment shortage. 

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