Loans generally are from 6 months to 2 years in duration. Our usual rates are in the 10.00% to 15.00% range depending on the deal. In addition we usually charge loan fees from 1.00% to as high as 10.00% ( see "types of loans we have made" for more detail).

VRM will consider almost any kind of real estate anywhere in the USA as collateral for its loans except owner occupied single family homes. Loans must have a reasonable "business purpose."

Specifically we will make loans in first, or sometimes second, position against the following:

1)     Hotels, motels.
2)     Vacant land, even raw land.
3)     Apartments.
4)     Single family rentals.
5)     Mini storages.
6)     Churches.
7)     Loans to trusts, corporations, or other entities.
8)     Loans to foreign nationals.
9)     Non-recourse loans.
10)   Fix and Flip loans ( Greater Denver area only).
11)   What else can you think of?

Our loans are "equity based" or "hard money" type loans (see special section). Usually we do not require loan applications or income verification; credit problems will be dealt with sympathetically. We are, however, very interested in your exit strategy. In other words: How are you going to pay us off?   Usually that would be via a sale of the property or a contemplated refi. down the road. We will question you closely on this subject. Our loans are meant to be bridge loans or a temporary band-aid. Keeping our loan out for a long period may be hazardous to your financial health, and you should be clear how you plan to pay us off and get on with your life. Our loans generally fall into two categories: Solve a problem or seize an opportunity.

We are ready to help with both.

To apply please call Tom Van Erp directly @ 303-816-4420

Or   e-mail a brief proposal to tomvanerp@aol.com or fax to 303-816-4421