Unlike many “private money” lenders who are using investor funds , we have no outside requirements. Because we use our own funds to make private money real estate loans, we can structure a loan to meet your specific needs.
Fix and flip loans can include advances to cover 100% of remodeling costs. No inspection fee and other non-essential fees. 24-hour approval and a quick close.
Cardinal Financial makes many kinds of short term real estate loans secured by property in Colorado. Loans include purchases of income property, fix and flip loans loans to LLCs, corporations, trusts and other entities as well as loans to settle estates and auction bidding loans. We can commit to a loan within 24 hours of receiving an inquiry and close within 48 hours. There is no fee for loan processing or other non essential fees. Simple 3 document closing. Loan rates as low as 8% with a 1% origination fee.
Because we don’t charge for an appraisal, review fees, inspection fees or other origination costs and because you pay only for the money you have borrowed and do not pay for money held for remodeling, you will save substantial money compared to most loan programs. Our customers throughout the Colorado Front Range come back to us for future lending needs because they save money and find the loan process easier.
We make hard money real estate loans with the lowest available interest rates. Most loans have no costs for appraisals, processing or other fees. If necessary, we can give you a loan commitment within 24 hours.