Navigating housing investments and bridge loans in Colorado can seem daunting at first. That’s why we’re here to simplify the process! Whether you’re looking to fix and flip or need some extra support for a big move, our experienced team is ready to provide you with the information and lending resources you need for your home, work, or life transition.
What is a Bridge Loan? Colorado Bridge Loans
Get the Money You Need, And Fast
Your bridge loan lender in Colorado. A bridge loan provides a short-term solution until you can secure permanent financing or need financing to help you transition from one house to another. Homeowners can often be faced with sudden transitions due to a work relocation or other life events and a bridge loan could help make it financially possible. These types of loans are also perfect for fix and flip situations. When you’re ready to make your move, don’t get held up by financing. At Boomerang Capital, we can execute fast and help you turn an opportunity into a reality in CO.
Quick and Dependable
No Prepay Penalty
Hard Money Lenders in Colorado
As the housing market in Colorado continues to expand, so do opportunities for investment through hard money lenders. Low interest rates have made Colorado a sellers’ market – particularly in Denver where home buyers greatly outnumber sellers. This gives fix & flip investors the potential for more leverage on their eventual sale. Currently, average loan amounts in Colorado are hovering around $349,609 with an 11.3% mean interest rate. Most Colorado bridge loans have an average term length of 23 months. Contact us today for more information on the Colorado lending market, or request a quote to get started on your loan!
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