Colorado investors and homeowners can access equity from rehabbed properties in six months with non-QM loans from a Colorado lending expert. Conventional loans demand a 12-month wait. Our non-QM loans offer a faster solution. This brief guide helps you start the process for homes valued over $1M or more in Boulder, Denver, Pitkin County and beyond with example transactions.
What Is Cash-Out Refinancing?
Cash-out refinancing lets you borrow against your property’s equity. Renovations boost home values in Colorado’s luxury markets. Investors can fund new projects. Homeowners can pay debts or upgrade properties. Our non-QM loans make this possible after six months.
| Question | Answer | Details |
|---|---|---|
| Refinance after 6 months? | Yes | Our non-QM loans allow it; conventional loans need 12 months. |
| Ideal for luxury homes? | Yes | Rehabbed properties in Boulder or Aspen gain equity fast. |
| Good for investors and homeowners? | Yes | Use cash for investments or personal goals. |
Why Choose Our Non-QM Loans?
Our non-QM loans bypass standard mortgage rules. They suit investors with non-traditional income or homeowners with recent rehabs. Benefits include a six-month seasoning period and loan-to-value ratios up to 75%. Interest rates are a little higher than conventional loans. A credit score of 680+ is required.
Boulder Example: Mapleton Hill Transaction
A homeowner rehabbed a 1910s craftsman in Boulder’s Mapleton Hill valued at $1.6M. After $250,000 in renovations, it appraised at $2.35M. They used our non-QM loan to cash out $1.3M.
- Purchase price: $1.6M in 2024.
- Rehab costs: $250,000 (new kitchen, bathrooms, flooring).
- New value: $2.35M in 2025.
- Loan amount: $1.76M (75% LTV).
- Cash received: $810,000 after paying off $950,000 mortgage.
- Use of funds: Paid $300,000 in debts; acquire and renovate a second home.
Mapleton Hill’s historic appeal and downtown Boulder access drive high values. Our loan delivered cash out equity in six months.
Risks to Understand
Non-QM loans have higher interest rates. Expect .75-1.75% above conventional loans. Qualification requires a solid credit score above 680. We guide you through the process.
| Risk | Yes/No | Solution |
|---|---|---|
| Higher rates? | Yes | Plan for costs in your budget. |
| Strict qualification? | Yes | Boost credit to 620+ before applying. |
| Complex process? | No | Our experts simplify approval. |
Steps to Get Started
Access your equity with these steps using our non-QM loans.
- Contact your Colorado lending expert here for a consultation.
- Appraise your property to confirm post-rehab value
- Submit documents such as income proof (tax returns, 12 months of bank statements or a P&L).
- Review loan terms with an expert.
- Use cash for investments or home improvements.
Aspen Example: Red Mountain Transaction
An investor renovated a 1960s chalet in Aspen’s Red Mountain for $2.3M. After $425,000 in upgrades, it appraised at $3.2M. Our non-QM loan cashed out $1.99M.
- Purchase price: $2.3M in 2024.
- Rehab costs: $425,000 (modern interiors, expanded deck).
- New value: $3.3M in 2025.
- Loan amount: $1.99M (62% LTV).
- Cash received: $499,000 after paying off $1.5M mortgage.
- Use of funds: Bought a $450,000 Beaver Creek condo for rentals.
Red Mountain’s ski access and Aspen views boost demand. Our loan enabled cash-out in six months.
Who Qualifies?
Our non-QM loans work for specific Colorado borrowers.
- Investors flipping luxury properties in Boulder, Denver Metro,, or Eagle & Pitkin County.
- Homeowners with recent renovations in appreciating and high-end areas.
- Self-employed individuals with stable and sometimes complex income.
| Borrower Type | Good Fit? | Reason |
|---|---|---|
| Property flipper | Yes | Fast cash-out funds new projects. |
| Homeowner | Yes | Access equity for upgrades or debts. |
| Traditional borrower | No | Conventional loans may offer lower rates. |
Colorado Market Snapshot
Boulder’s Mapleton Hill has median prices of $1.9M. Pitkin County’s Red Mountain averages $2.7M. Strong demand and low inventory fuel value growth. Our non-QM loans help you act quickly.
Success Tips
- Improve your credit score for better terms.
- Document rehab costs to support appraisals.
- Plan cash use for high returns or savings.
- Refinance when market values peak in Boulder, Denver or Aspen.
Take Action Today
Cash-out refinancing after six months (just 6 months seasoning) is achievable with our non-QM loans. Colorado investors and homeowners can access equity from rehabbed properties fast. Call our Colorado lending expert at (303) 223-9843 or submit our online form for a free consultation.
