Hard Money Loans in La Plata County Colorado
YourLOI offers fast, reliable hard money loans in La Plata County, Colorado, tailored to the needs of real estate investors. Whether you’re flipping a property in Durango or acquiring distressed assets in Bayfield, we provide fast funding with flexible terms.
Loan Program Overview
Our hard money loans are asset-based and ideal for short-term investment needs like fix and flips, bridge loans, or property acquisitions. We specialize in funding properties that traditional banks often reject due to condition or urgency.
How to Qualify
To get started, you’ll need:
– A property under contract or owned
– A plan for renovation or resale
– Exit strategy (sale or refinance)
– Proof of identity and ownership
– Loan size starting at $100,000
Property Types Eligible
– Single-family homes
– Duplexes, triplexes, and fourplexes
– Small multifamily buildings
– Mixed-use and commercial real estate
Fast Funding Timelines
– Term sheet issued within 24 hours
– Underwriting within 48–72 hours
– Closings in 5–10 business days
Local Experience and La Plata County Insights
With over 1,000 funded investment deals across Colorado, our team understands the nuances of La Plata County's real estate landscape. From mountain climate impacts on renovations to permit requirements in Durango, our lending process is built around local investor needs.
Why Choose Private Lending Over Traditional Banks?
Rehab and construction draws available
Approvals based on asset value, not credit score
Flexible structures for distressed or auction properties
Local insight into permitting and inspections in La Plata County
No income verification