New vacant building tax immediately implemented Lakewood, CO just implemented the first vacant building tax…
Recent Condo loans throughout Colorado
Traditional lenders are having a hard time funding condo loans in Colorado. Fannie/Freddie will no longer fund unapproved condo complexes (too high of a ratio of renters, nightly rental pools, etc…). Unfortunately most condos throughout the Colorado high country are no longer qualifying for traditional bank financing. Fairview is an alternative to traditional lenders. Fairview is different than other lenders. We strictly lend our own money and are not bound by traditional bank underwriting. We are able to lend up to 50% of the current value of a condo (first mortgage only) that is not a primary residence (second home, rental property, etc… qualify). We can lend in Denver and throughout the various ski resorts in Colorado (Vail, Breckenridge, Telluride, Crested Butte, Steamboat, Keystone, Aspen, etc…). There are no upfront fees. Fairview is a local direct lender. We have closed hundreds of condo loans throughout the state and look forward to closing your next Colorado condo loan. Please fill out our one page application at www.fairviewlending.com and/or call 303…459.6061 to discuss your particular loan scenario. More details can also we found on www.cohardmoney.com . When you call, you will talk directly to the lender and get an honest answer quickly.
Fairview has recently closed condo loans in Breckenridge, Telluride, Steamboat Springs, Vail, Aspen, Keystone, Basalt, Evergreen, Gunnison, Crested Butte, and everywhere in between. Fairview is a local lender and can fund your Colorado condo transaction quickly whether it is in the high country or Denver metro area. Fairview is also able to fund loans on non owner occupied single family home and commercial properties.