McLain Financial

McLain Financial is a private direct lender based in Colorado, providing financing solutions to property investors in the Denver area. With a small team of two employees, the company focuses on serving a niche market. McLain Financial specializes in hard money loans designed for investors engaged in fix-and-hold or fix-and-flip projects involving residential real estate. Their lending approach emphasizes the borrower's ability to acquire properties at a discount and execute successful renovations, placing greater weight on these factors than traditional credit scores. A unique aspect of McLain Financial's lending model is their 70 percent loan-to-value (LTV) ratio based on the "as-is" property value, plus an additional 70 percent LTV on the estimated repair costs. This structure aims to minimize the borrower's out-of-pocket expenses at closing. Furthermore, the company offers flexible terms with a six-month loan duration and no pre-payment penalties. For inquiries or to explore financing options, potential borrowers can visit McLain Financial's website at mclainfinancial.com.