Our relationship doesn’t end the day documents get signed. Whether negotiating with a third-party lender, ensuring adequate reserves for construction and interest, or assisting with take-out financing or equity raises, we are your advocate throughout the process.
Construction Loan in Arvada Colorado
Located one block from the light rail station this project sits 12 miles northwest of the Denver Central Business District in Arvada, CO. The townhomes will offer 3-bedrooms, 3-bathrooms, two-car garages, porches, and between 1,938 and 2,205 sq ft of living space. In addition, each unit will have upgraded finishes, including plank flooring, designer tile and lighting, higher-grade insulation, and outdoor porches.
Just north of the project is the Arvada Center for the Arts and Humanities, the largest metro area cultural institution outside of the city and county of Denver. It is located on the west side of the fast-emerging Olde Town Arvada district, which continues to provide a unique attraction to the general area.
Arvada is still in its growth phase, annexing land to the west and north. Most of the successful new development has occurred in areas of more rapid growth, which were essentially undeveloped prairie 10 to 15 years ago. This is true for Arvada, where most of the recent growth has occurred at the city's western fringe.
As specialists in construction loans, we understand the funding needs of real estate developers, builders, and contractors. As quick as 24 to 48 hours, our expedited draw process gives you quick access to cash. Our loans can also be structured with a pre-draw to cover land and soft costs if needed.
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Highest Degree of LeverageWe loan against the completed value of your project, with no loan-to-cost requirements. As a result, we can provide more funding for your project than a bank can and that means more flexibility for you.
Speed / ConvenienceWe can close as quickly as 5 days, and draws are wired within one to two business days after inspection approval. Banks can take months to review a typical real estate project. In that time, our clients’ projects are already underway and on the way to realizing profits.
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Unmatched Industry ExpertiseWe’ve closed approximately $2 billion in project capital over more than 1000 loans (and counting). Our level of construction market intelligence is second to none.
In-House Manual UnderwritingWe evaluate every deal on its own merits and are faster and more flexible in the evaluation process than traditional financing such as banks. You’ll typically get feedback within the same day of your request and a term sheet within as little as 24 to 48 hours.