Merchants Mortgage & Trust
- Greenwood Village US-CO
A prominent real-estate financing company with office locations in Colorado and Arizona, Merchants Mortgage & Trust offers a full range of mortgage products designed to meet the needs of any homeowner. In particular, the firm possesses considerable experience with self-directed IRA loans, a unique portfolio product that helps investors negotiate rehabilitation-based property loans. To meet the requirement governing self-directed IRAs, borrowers are typically underwritten instead of signing on the loan personally. Unlike many other types of real-estate loans, self-directed IRA loans give the borrower a large measure of strategic control over the terms and recipients of loans. Borrowers have the opportunity to close loans in a highly efficient manner, allocate loans toward property repairs, and utilize flexible income underwriting standards. Self-directed IRA loans often feature a fixed interest, interest-only monthly payments, and an automatic six-month extension. More about self-directed IRA loans and other financial products offered by Merchants Mortgage & Trust is available at www.merchantsmtg.com.
Merchants Mortgage & Trust has been a leading lender for fix-and-flip as well as fix-and-hold investors for more than 15 years. To date, Merchants Mortgage & Trust has funded more than $1 billion in loans for fix-and-flip projects. While the United States housing market continues to gradually improve, fix-and-flip investors are starting to open up their wallets once again. A question among investors is whether it is possible to flip a house without putting up cash. It can be, through hard money financing where the lender will lend off of the after repair value of the property. However, hard money is very expensive as a result. For borrowers that can put ten percent down, much cheaper options are available. A national housing inventory shortage, along with record-low interest rates and rising market values, makes this the perfect time to flip a house. Seeking a loan with a trusted company that provides transparent lending practices is a critical step to ensuring a high return on investment.