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PRESS RELEASE
November 2010

Fairview is pleased to announce that it is able offer both commercial hard money loans as well as hard money loans on residential that are non owner occupied in Colorado through an affiliate.  These hard money commercial and residential loans on Non-owner occupied properties will need to meet the parameters below.

Colorado Commercial and Residential Hard Money Parameters:
• Cash-out refinances
• Residential properties must be non-owner occupied; we are unable to lend on primary residences
• Property must be a single family residence or general purpose commercial property (office, retail, or light industrial). We are unable to lend on mobile homes or raw land.
• No rehab allowed; property must be 100% complete with a valid certificate of occupancy
• Max loan to value 50% off the market value based on Fairview's analysis.
• We do not lend on After Repair Value (ARV): if the building needs major rehab, then Fairview cannot assist
• Max loan amount 250k

Recently Closed Colorado Residential and Commercial Hard Money transactions:
• Fairview is pleased to announce the closings of the following hard money deals in Colorado

1) Colorado Springs hard money non-owner single family (SFR) cash out refinance
          • Borrower owned property free and clear
          • Borrower had low credit scores
          • Borrower self employed and needed to tap equity in a rental home for working capital

2) Denver hard money non-owner single family (SFR) cash out refinance
          • Borrower needed cash quick
          • Borrower self employed and lived out of state
          • Borrower’s credit below 550

3 Breckenridge Colorado hard money non-owner single family (SFR) cash out refinance
          • Borrower needed cash quick
          • Borrower used house as a rental property
          • Borrower’s credit  not great and borrower had a number of outstanding credit card
            bills that needed to be resolved

4) Denver Colorado commercial hard money free standing light industrial
          • Borrower needed quick cash for working capital
          • Borrower’s business not operating to full potential
          • No banks would lend to borrower due to credit score and current cash flow

Our experience allows us to quickly understand the value of a property and fund shortly thereafter.

Fairview is a direct lender funding hard money loans in both Denver and throughout the state of Colorado.  Above are just three of the many recent Colorado hard money fundings.  We can fund both non-owner single family homes as well as commercial properties both in Denver and throughout the state of CO.  We have funded hundreds of Colorado hard money transactions and look forward to funding your next Colorado hard money transaction.  We are experts in the various markets and submarkets throughout the state of Colorado including Denver, Fort Collins, Colorado Springs, Front Range, mountain towns, Grand Junction, roaring fork valley, and everywhere in between.  We have a local office in Denver Colorado to handle all of your Colorado Hard money needs.  Call us today at (303) 459-6061 to discuss your Colorado hard money transaction. Also please visit: www.cohardmoney.com for more details on our programs.

Visit us online for more info and to see other recent transactions at: www.cohardmoney.com

Contact us at (303) 459-6061

E-mail: info@fairviewlending.com