Denver hard money case study

by | Jan 13, 2015 | Uncategorized

Denver hard money washington park


Denver is the capital of Colorado and a great liveable city with low crime, good schools, and access to tons of outdoor adventures.  Like many cities in Denver some of the older in town neighborhoods are becoming hot and trendy for young professionals.  In Denver, one of these areas is the Washington Park area.  This area is full of trendy/hip restaurants, bars, etc.. and as you can probably guess Washington Park which has a lake, running trails, golf course nearby.  It is a great in town neighborhood for empty nesters.   Fairview is the leader in Denver Hard Money Lending; below is a recently closed private money transaction on a house in the Washington park area of Denver

Scenario: Borrower needed 500,000 in a week to purchase a house directly across from Washington Park.  Property was not in the best of shape but had an excellent location.  Seller needed a quick closing due to sellers pending litigation

Deal Challenges


  • Borrowers had 7 days to have 500,000 in good funds to purchase the property
  • Borrowers credit excellent but unable to show income since self employed and in the real estate business with lots of expenses
  • Borrower didn’t have time to wait for extensive appraisals, environmental, etc… and knew Fairview could perform
  • House was on the market for almost a year, needed quite a bit of work to make functional (odd layout/design and therefore house did not sell)


Fairview Solutions

  • Fairview was able to see the true value of the property and its location
  • Stated Income okay, Fairview holds and services all of its own loans and therefore we are not bound by the same bank regulations
  • Current financials not required. Fairview is a true asset based lender that looks at the collateral to secure the loan.
  • A Seven day closing was challenging. Most other lenders would need to wait for the appraisal, environmental, etc… Fairview was able to pull out all the stops and not only close, but fund in under 7 days enabling the borrower to get an excellent deal on the house
  • Fairview structured the loan as a 3 year interest only loan with no prepayment penalty to give the borrowers plenty of flexibility

What the Borrowers had to say:

  • This is my 4th loan with Fairview.  They always do what they say they are going to do with no games.  The closing was smooth and the deal got done quickly.  Thanks again for your hard work on getting this one closed so quickly.  ”


Learn more about Denver Hard Money Lending and private loans throughout Colorado:

Join Our Mailing List


Contact Us

Phone: 303-578-3476