Colorado Hard Money Lender

We offer first and second trust deeds with no prepayment penalties, no appraisal fees, and can fund in a matter of days.

Source Capital Funding is a Colorado licensed, direct lender known for speed, reliability, and commitment to it’s clients. With over 40 years combined experience in hard m0ney, we’re a well backed private lender that has funded over $550M in private loans since 2007.

Boasting breathtaking vistas of the snow-covered Rockies, the iconic ski slopes of Aspen, and unrivaled outdoor activities, the Colorado real estate market is booming. As more and more people escape the hustle and bustle to a more laid back and adventurous lifestyle, the residential and commercial real estate market is showing no signs of slowing down. But if you’re looking to capitalize on this lucrative market, you need the right financing products.

Fortunately, Source Capital is the best Colorado & Denver hard money lender, and we will help you achieve your real estate goals. Thanks to our proven and streamlined process, we make purchasing a condo, residential property, commercial property, or fix and flip easy. Our private money lenders in Colorado can provide you with the capital you need to take your business to the next level.

Contact the top Colorado hard money lenders at Source Capital today to get the financing you need to achieve your real estate goals. Or, if you’re ready to secure capital, use our streamlined online application.

Hard money lenders in Colorado offer short-term loans to borrowers who may be unable to or choose not to obtain financing through traditional sources, such as banks and credit unions. A Colorado hard money lender specializes in non-conforming loans for investment or commercial properties.

Often considered to be short-term bridge loans, private money lenders in Colorado typically focus more on the property as collateral instead of your credit and financial profile. Thanks to a shorter application and approval process, Colorado hard money loans are ideal for commercial or private real estate investments or other types of time-sensitive projects.

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Fast Decisions

As a direct lender, our approval process is built for speed as we underwrite and make all decisions in-house. From the time we are initially contacted to the time the loan is funded, our streamlined process allows us to fund loans in a matter of days.

Proven Track Record

Since 2007 we have successfully funded over $550M in loans secured by real estate. We have earned our reputation as a lender known for speed, reliability, and fairness.
Our team has the experience and ability to provide quick, direct answers to help expedite our client’s requests.

Well Capitalized

We’re a direct lender with immediate access to capital to lend. Because our company is backed by well established, accredited investors, there is always capital available to fund our loans. We are able to close quickly and with full transparency.

Loan Terms

INTEREST RATES	8.99% – 11.99% – First Position 11.99% -13.99% – Second Position	LOCATION	Arizona, California, Colorado, Minnesota and Texas only
LOAN AMOUNTS	$100,000 – $5,000,000	TYPES OF LOANS	Acquisition, Refinance and Cash-Out
LOAN DURATION	12-24 months	LIEN POSITION	First and Second Trust Deeds Only
ORIGINATION FEE	Starting at 2.0% of loan amount, depending on loan size and length of term	PROPERTY TYPES	Owner and Non-Owner Occupied Residential. Multifamily, Commercial, Industrial, Office, Retail, Mixed Use
LOAN TO VALUE	Up to 65% LTV in first position Up to 50% CLTV in second position	APPRAISAL FEE	None
CLOSING TIMEFRAME	10 business days or less	PREPAYMENT PENALTY	None

There are no minimum credit scores, employment requirements or financial minimums to qualify for a loan.

*All loans are secured by real estate for business purposes only

Client Testimonials

“We were very pleased with the service we received from Source Capital. Communication was clear and responsive, funding was quick, and terms were as agreed and proposed.”

Brian OverstreetPresident, Advera Health Analytics

“Sacha and his team were on point from our first call to funding. They were professional and easy to work with. We will definitely be using them for our future transactions”.

Mark O’ToolePresident, Pacific Coast Home Mortgage & Real Estate Inc.

“The staff at Source Capital has helped me create new income streams. They are consistent, direct and deliver every time.”

Michael KornAgent, Keller Williams Realty

“As a lender myself, working with Source Capital shows that there are still a lot of good people in our industry, and we will definitely be in connection to do future business together. Job well done.”

Anthony TrujilloMortgage Broker, Paramount Partners

“I have never dealt with a hard money lender before but I can tell you my experience with Source Capital was very positive. I highly recommend”

Courtney RothClient

“Recently completed another flawless transaction with Source Capital. Why would anyone want to go anywhere else? They’re the best.”

Marianne BordognaAgent, Keller Williams Realty

“The team at Source Capital Funding was fantastic. Their professionalism, speed and solid loan terms is why I will be coming back to close more business with them.”

Sergio AbbudSenior Loan Officer, Better Rate Mortgage

“The team at Source are consummate professionals who work efficiently and effectively. Simply stated- truly exemplary and professional people”

Paul ElamOwner, San Diego’s Real Estate

“Source Capital has been an absolute pleasure to work with throughout. These guys are on top of their game.”

Tyler HansonAssociate Broker, Cushman & Wakefield

“In all my years, I can confidently say they are the most professional, prompt, courteous, and efficient private lender I have ever worked with!”

Greg ShieldsOwner, GSI Appraisals

“They were very responsive and extremely helpful and would certainly use them again. I highly recommend their services.”

Alvin FuchsAgent, Keller Williams Realty

“Highly recommend Source Capital Funding if you need money fast and you value efficiency. I will go back to them again if I need funding in the future. “

Kendall HeathClient

“I have always had a highly professional and honest experience with everyone on their team and would recommend to anyone looking for financing.”

Andrew BellahOwner, The Bellah Group

“They are always so patient, helpful, and professional. and have helped me so much! This can be such a stressful process, but they make it all so easy.”

Lauren MarcusClient

“Smooth and fast transaction as the loan was funded in 8 days. They are a pleasure to work with – Strongly Recommended.”

Borna EftekariAgent, Farmers Insurance

Colorado Hard Money Lender FAQs

What type of loans do you do?

All our loans are secured by first and second deeds of trust (mortgages) on real estate only in AZ, CA, CO, MN and TX for business purposes only from $100K up to $5M. Examples of business purpose loans are loans to: purchase, repair or improve real property for use in the Borrower’s business; acquire, improve or maintain certain non-owner occupied rental property; purchase, improve or repair tools, equipment, machinery, fixtures or furnishings used in Borrower’s business; fund operating capital (e.g., employee salaries) or purchase or pay for business inventory, supplies, rent, taxes, insurance or other related expenses; or to pay off, refinance or consolidate business debts.

We do not offer loans for:

Ground-up construction projects
Personal use (pay bills, improve primary residence, medical collections, etc.)
Primary residence purchases
Land purchases or refinances
Special use/single purpose properties (church, car wash, dry cleaner, gas station,, etc.)
Hospitality properties (restaurant, hotel, motel, etc.)
After repair value (ARV) and/or provide funds for the purchase AND rehab costs
Rural areas of the states we lend in
Borrowers with no real estate as collateral (unsecured loans)

We understand every scenario is different. Contact a decision maker directly at 888.334.6636 to see if we can help with your request for financing.

Do hard money lenders need to be licensed in Colorado?

Anyone who originates a mortgage, offers to originate a mortgage, acts as a mortgage loan originator, or offers to act as a mortgage loan originator in Colorado must have a Mortgage Loan Originator license. This license must be renewed each year to remain valid.

When you choose Source Capital, you can be confident you’re working with a licensed hard money lender in Colorado. Not only are we licensed, but we also have years of experience helping real estate investors and others secure funding for various types of properties.

What are the typical terms of a hard money loan in Colorado?

Hard money loans in Colorado can vary greatly with interest rates between 9% and 15%, depending on the scenario.

Source Capital offers some of the most favorable terms in the industry, with interest rates starting at just 8.99%. All our loans are amortized over 30 years and due in 1 or 2 years. We have no prepayment penalties so the loan can be repaid at any time with no additional interest payments owed.

Who are hard money loans for in Colorado?

Hard money loans in Colorado are designed for people who need quick access to capital or for those who have poor credit or financials. Bridge loans are a type of hard money loan that you can use to purchase another property before you sell your current property.

Source Capital works with all types of clients from real estate investors, flippers, and developers to business owners, families, and individuals who need financing.

At Source Capital, we offer hard money loans in California, Colorado, and several other states for business needs — whether you’re purchasing a property as an investment or using equity in your home for another purpose. Since your hard money loan is secured by collateral, we don’t place strict rules on your credit score or financial history.

What are the benefits of working with Source Capital?

Working with a hard money lender in Colorado like Source Capital can help you get the money you need to accomplish your goals. As long as you’re in a state where we lend, you can enjoy the benefits of working with Source Capital:

Speed: We offer fast approval and funding times, allowing you to get approved for a loan and receive your money in as little as 7 days.
Flexibility: Source Capital can work with you to help you secure a loan even if you’ve had trouble securing a traditional loan due to your income or credit.
Security: Hard money loans in Arizona are secured by real estate as collateral for the loan.
Investment opportunities: We understand opportunities arise for our clients and are often time sensitive. With Source Capital, you can quickly get the money you need so you don’t miss out with our simple, straightforward process.

What are typical interest rates for hard money loans in Colorado?

Typical interest rates for Colorado hard money loans are in the range of 9% to 14%.

At Source Capital, we do our best to make sure we’re offering competitive loan terms for everyone, regardless of their credit or past history. From our hard money loans in Texas to our Colorado hard money loans, we offer competitive rates starting at just 8.99% and simple terms to help you eliminate the stress of investing.

What should I look for in a Colorado hard money lender?

When you’re looking at hard money lenders in Colorado, making the right decision is crucial. The lender you choose determines your loan terms, interest rate, and more. You can look at online reviews, typical loan terms, and lender information to find out which lenders have a good reputation.

Source Capital is a State and Federally licensed lender. As an A+ rated company with the Better Business Bureau and more than 320 five-star Google reviews, we can help you find the right loan for your next investment.

Whether you’re applying for hard money loans in Minnesota or Colorado, let us help you find the right loan.

How do I get approved for a Colorado hard money loan?

To get approved for a Colorado hard money loan, simply fill out our online application and provide details about the property you’re using as collateral. Unlike traditional loans, we don’t focus on your credit score or financial history. We welcome applications from foreign nationals and those with a history of bankruptcy or foreclosure.

Here’s a step-by-step breakdown of our application process:

Fill out and submit our hard money loan application.
Provide details about the property being used as collateral and what the proceeds are for.
Submit your application and a decision-maker will respond within 24 hours.
Once you accept, we’ll fund your loan in 7 to 10 days
Monthly payments can be made via mail, phone, or direct deposit

Can hard money loans be used for refinancing in Colorado?

Hard money loans in Colorado can be used to refinance an existing mortgage, depending on the scenario. Colorado borrowers often use hard money loans to quickly access equity for a myriad of reasons. We can work with you to make sure you’re getting a loan that meets your needs — whether you’re applying for hard money loans in Arizona, Colorado, or one of the many other states we serve.

What areas in Colorado do you lend in?

We lend throughout the state but mainly focus on more urban than rural areas. Denver, Boulder, Colorado Springs, Vail, Aspen, and Aurora are just a few of the cities we lend in and their respective outlying areas.

Can I qualify if I have poor financials?

Absolutely. As our main focus is centered on the property being used as collateral for the loan, financial strength is not a requirement to obtain a loan with us. We understand there is a reason client’s come to us and do our best to provide a loan option that will work for you, whatever the situation may be.

Is there a minimum credit score requirement to qualify for a hard money loan?

We have no credit score requirements. Unlike a bank, we are not focused on a number to dictate whether or not you can qualify for a hard money loan. We are focused on the real estate asset securing the loan, first and foremost.

At Source Capital, we work with all borrowers who have experienced past hardships that has affected their credit score. We understand that “life happens” and are committed to tailoring our hard money loans to suit your needs and will work closely with you throughout the process.

Do you do primary residence purchases?

We do not provide financing for primary residence purchases as we fund loans for business purposes only. Business purpose loans are defined as loans to: purchase, repair or improve real property for use in the Borrower’s business; acquire, improve or maintain certain non-owner occupied rental property; purchase, improve or repair tools, equipment, machinery, fixtures or furnishings used in Borrower’s business; fund operating capital (e.g., employee salaries) or purchase or pay for business inventory, supplies, rent, taxes, insurance or other related expenses; or to pay off, refinance or consolidate business debts.

How It Works

1. Apply Online

It takes minutes to complete our simple, online application to get prequalified for a loan.

2. Get Approval

After underwriting your loan, we will provide you a written Loan Commitment providing loan terms for approval.

3. Loan Funded

In a matter of days, not weeks like most lenders, the loan is funded through escrow and funds wired to you directly.

4. Pay Monthly

You make monthly payments via mail, phone or direct deposit. It’s that easy.

Areas We Serve

Colorado Hard Money Lender