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Hard Money Loans

A hard money loan is an asset-based loan where the borrower receives funds secured by real estate. Hard money loans are typically issued by private investors or companies. Interest rates are typically higher than conventional commercial or residential property loans because the risk is higher.

This hard money loan is typically done for an investor that needs to close the loan quickly, They can close in as little time as 5 days. It can also be used to bail out a foreclosure. Most loans are One year but can go as long as Three years. In most cases credit score is not a determining factor to obtain the loan, It is based on the property and the loan is approximately 65 to 70 loan to value. Points and interest rates are higher then a typical loan.

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    "Thanks to the reverse mortgage I did with Douglas, I could keep on living in my own house, without having any more money worries." — Jane, Denver, Colorado
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    Equal Housing Douglas E. Jensen is a professional mortgage consultant for FHA, VA, Conventional, Reverse, Jumbo Reverse, Non-QM, Commercial Mortgages and Hard Money Loans. He holds the following licenses LMB# 100026825 NMLS# 368568. Call: (720) 336-7250
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    Working with me means you’re helping support local business. More importantly, you’ll receive the best possible customer service, response times, individual hand-holding, ability to call day or night or even on weekends and you’ll keep your hard-earned money in the State of Colorado. I offer the same loan programs all the big company’s offer, but the big difference is my attention to detail and commitment to you, my individual customer. Don’t wind up as just a number in a computer somewhere. Many of my clients call me years after their initial loans to check up on changes in the market or find additional solutions. Call me right now at (720) 336-7250 to find out why I'm your best bet in Colorado.



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