Colorado First Commercial Mortgage is a full-service mortgage banker with in-house underwriting serving the Front Range of Colorado and other real estate markets throughout the United States. We specialize in identifying and providing financial options and solutions with a variety of loan structures to meet client requirements. Whether an Acquisition, Refinance, or Cash Out, properties financed by Colorado First may be owner occupied or for investment purposes (non-owner occupied). We offer fully amortized notes, financing as low as $100,000, and amortizations up to 30 years.
Colorado First Commercial Mortgage Loan offerings include : Long-Term Fixed, Adjustable and Floating, Fully Amortizing, LIBOR-Based, Interest Only, Forward/Permanent, Step Funding, SBA, Bridge, Partial/Non-Recourse, Credit Tenant Transactions, and Development.
Long-Term Fixed: A loan secured by real property featuring an interest rate that is constant for the term of the
loan. (10 years or more)
Adjustable/Floating: A mortgage loan that allows the interest rate to be changed at specific intervals over the
maturity of the loan.
Fully Amortizing: One having payments of interest and principle that are sufficient to liquidate the loan over its
term. Self-liquidating
LIBOR-Based: London Interbank Offered Rate. The rate that international banks dealing in Eurodollars change
each other for large loans. Some domestic banks use this rate as an index for ARM products.
Interest Only: A loan in which interest is payable at regular intervals until loan maturity, when the full balance is
due. Does not require amortization.
Forward/Permanent: Property used for industrial purposes and zoned for manufacturing or associated activities.
Step Funding: Mortgage financing to include a phased funding variable of the balance of a loan commitment at a
later date as dictated by stabilization and or incremental development.
SBA: Property used for industrial purposes and zoned for manufacturing or associated activities.
Bridge Financing: Mortgage financing between the termination of one loan and the beginning of another loan.
Partial/Non-Recourse: Lender may take the property pledged as collateral to satisfy a debt, but have no or little
recourse to other assets of the borrower.
Credit Tenant Transactions: Financing of real estate loans which, may be pooled and securitized as investment
grade debt equivalent to the possible issuance of corporate bonds.
Development: Transforming of raw land to an improved parcel through the disbursement of funds concurrent
with the finalization and possible retirement of loan proceeds allocated to complete said project.
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Colorado First |
Banks |
SBA |
CMBS |
Owner-Occupied
Investment Purpose
Loans Under $1 million
Single-Purpose Properties
Long-Term Fixed Rates
Fully Amortized |
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes |
Maybe
Maybe
Maybe
No
Maybe
No |
Yes
No
Yes
Maybe
Yes
Yes |
No
Yes
No
No
Yes
Yes |
The above table depicts general parameters for most lending institutions, but is not necessarily indicative of every situation. Contact your Loan Officer for further details. SBA refers to loans made through the Small Business Administration. CMBS refers to loans made with Commercial Mortgage Backed Securities. |
Real estate investors and small business owners continue to choose Colorado First for their financial needs.
Whether your outlook requires short-term bridge funding 'Financing' or long-term fully amortized funding, we have the resources to assist you. Contact your Loan Officer for further details.
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4100 EAST MISSISSIPPI AVENUE, SUITE 1810
DENVER, COLORADO 80246
Phone: 303-531-5111 Fax: 303-531-5115 Web: www.colorado1st.com
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