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By David Schmidt - April 25, 2018
Borrowers often bring CoHI loan proposals that change during the course of lending due diligence. In addition there also may be time constraints that if not met make the loan unviable. Traditional funds, conventional loans and the attached minutia of bankable loans often get in the way of less than conventional lending requirements. Non traditional loans or hard money loans like that which CoHI offers give the borrower flexibility and speed that is often required in the Real Estate Lending market.
CoHI can close quickly because of its non bank status and ease to funding.
With capital based lending requirements and local representation CoHI may be the best alternative for your non traditional lending needs. Please contact David at 970-922-3277 to discuss your asset based lending needs.