Ski Haus Lending Team

02/04/2025

This deal took some serious to make it happen, but we got it done! Super excited to have gotten this one and FUNDED today!

The buyers of this new construction townhome in Keystone Resort's River Run village put this under contract over 2 years ago during pre-sales. What made this a little complicated was the fact that the buyers wanted to own this investment property in a multi-member LLC, AND they didn't want to prove all of their income to qualify. Oh, and they needed a lender who could do this and lend them almost $2,000,000!!

These characteristics are not completely uncommon to see in ski resort markets, so we had the loan product to fit their needs.

Who's the next investor you know looking to purchase in a resort market that Ski Haus Lending Team can serve?

09/05/2024

First signs that ski 🎿 season is near! First snowfall this morning up high at Summit County resorts.

Still thinking about buying your dream home here in the mountains this season? We love to help guide you with the best way to finance it!

Pics shared from Keystone Resort, Arapahoe Basin Ski Area, Breckenridge Ski Resort , Copper Mountain

02/23/2024

One of our favorite closings the team had this month was helping this young first time homebuyer purchase her own place!

We initially connected just a few months ago from another first time buyer we helped last Summer in Breckenridge. When we first spoke she had her down payment all lined up, and an idea of how much she wanted her monthly payment to be, but didn't really know where to go from there. After consulting her on how the loan process works, what sort of price range that monthly payment and down payment would afford her, we were able to recommend a great Realtor to help find the perfect place.

Once they found a condo to make an offer on we were able to use a strategy to greatly reduce her interest rate well below current market. This meant she was able to afford to buy a condo at the top of her price range now rather than waiting and hoping for interest rates to fall.

Now instead of throwing money away on rent she's able to start building long term generational wealth.

Who's the next person you know that's looking to buy their first home and start building equity that my team can help?



Thanks Karen Lynn Parent-Nelson for the referral, and Carissa Sargent for being an awesome Realtor!

02/10/2024

While we may not be crushing it on the ski slopes this winter, the team is crushing it with creative financing to help clients get their dream ski haus!

These buyers are Officially
U N D E R C O N T R A C T today on this gem across from Keystone ski resort!

Using a very niche financing product this client is going to purchase this investment property in a Reverse 1031 Exchange. We'll finance the purchase, and also facilitate funding the down payment via a bridge loan against the property they'll sell through the 1031 exchange process.

With a strong rental history this client is buying into a proven asset. Congrats Doyle Richmond and Chad Ellis for getting them under contract!

If you're an investor, or work with investor clients, and want to know how this unique strategy works to buy and finance a replacement investment property first via a Reverse 1031 Exchange reach out to us. Or if you're new to real estate investing and have no idea what I'm talking about, reach out! We love educating people on unique products.

Who can Ski Haus Lending Team help next?

10/28/2023

Here we go! Ski season is off to a start!

Who's ready??

P.S. Anyone looking to still purchase a home and close before the end of the year? We still have time to help you in any ski town around CO! Plus, we're seeing buyers snatching up deals right now with less buyer competition than we've seen the last 3 years!

Opening Day - Sunday: It is official. Arapahoe Basin will open for the season, Sunday, October 29 at 8:30 AM with Black Mountain Express and the High Noon trail.
There is nothing I enjoy more than seeing people have fun skiing and riding. To get open takes an extraordinary amount of work and coordination by all departments and the entire staff. In particular, the snowmakers, the cat drivers, the ski patrol, lift operations and lift maintenance have to shift gears on very short notice and capitalize on ever changing weather conditions to get the mountain open. They didn't miss a beat this month.
Here's to a great season.



http://dlvr.it/Sy2dNH

08/16/2023

The wait is almost over! ❄️⛷️🏂

Vail Resorts has announced opening dates for this season! Here are the dates for their Colorado resorts so far.

There's still time to buy your perfect ski chalet in the mountains. Reach out to us for financing info. We're here to help with your dreams of owning your own slice of heaven!

08/15/2023

Amazing review from another happy client here in Breckenridge! Thank you Karen!........

Dreams do come true! I am 6 weeks into my condo and I could not be happier. Being a business owner of a small cleaning company and taking as many write offs as possible put me in a compromised position. I had reached out to a couple different lenders that hit me with a flat out "No". I was feeling pretty defeated when a trusted friend recomended I contact Tony. All I can say is......WHAT A BLESSING! Working with someone who is technically challenged as I can be time consuming. He was very patient with me from the first conversation to closing. He held my hand through the entire process. We talked, laughed and a couple times I cried then we laughed more. He was there for me at 7am and 7pm. I know I drove him nuts but he and his team made my long time dream of owning my own place come true.

Click to see all 134 reviews of Tony Scarpero, Branch Manager | NMLS # 892427

08/09/2023

A client we were working with decided to roll the dice 🎲 and took a huge gamble that cost him nearly $50,000!!!

Recently we were working with an investor who was buying a property here in the mountains with the intention of making it a short-term rental. Because the client was self employed and owned many properties already we needed to do an alternative type of loan product that qualifies using the projected rental income of the property.

About two weeks into the 30 day contract the client informed us that he shopped around and found a better deal online than what we had gotten them qualified for. The terms sounded way too good to be true, so I asked him to send me the other lender's estimate. We reviewed it together and I pointed out some issues that stood out with their quote. I also showed him a website where consumers can see how long a loan officer has been licensed and their work history.

Even though the other loan officer has only been in the business for 10 months the client said he just had to go with the better terms and asked me to withdraw his loan application. I encouraged them to use a local lender, even if it wasn't me, but they really thought they were doing what was best. We went ahead with their request to withdraw the loan, and wished them the best.

About 2 weeks later I got a frantic call from this buyer asking if there is any way we can now rescue their deal and close in the next 3 days. Turns out the online lender they had selected really didn't understand our unique short-term rental market and couldn't secure the loan as promised! I unfortunately had to tell them there was no way I could get them closed that quickly.

Since the Seller already had another back up offer they would not allow the buyer to extend the closing date.

The buyer ended up finding a hard money lender to close the transaction, BUT it came at a steep cost. The terms of the hard money loan came with a 3% origination fee of $28,500 (while our loan had 0 origination fee), and the interest rate on this loan was so much higher than ours that it will cost him nearly $1500 more per month than the loan we had structured! The loan has a prepayment penalty for the next year, so they're stuck in this loan until they can hopefully refinance out of it.

Friends, please be careful and use local professionals, who care about their reputation, when handling the biggest financial transaction of your entire life. This is a crazy market we're in, with a lot of inexperienced lenders making false promises because they're desperate for business. Who you work with matters more than ever right now. Please reach out if I can help!




📸 Pic for attention, this is not the client's property.

08/07/2023

We have 2 of the 9 places from this article right here in CO! Don't just come for a visit, we'd love to help you buy your own slice of heaven! Reach out if we can help.

Last January, we asked our readers what resorts they thought everyone should visit before they die. The following list is based entirely on readers’ responses to what resort they think skiers and riders need to visit before their final day comes. It’s sure to be an expensive trip all over the wo...

08/05/2023

We're super excited to announce that Ski Haus Lending Team has been nominated once again for Best Mortgage Broker in Summit County, CO!!

Thank you to all my amazing friends and clients for trusting me to be part of your homeownership journey. Your amazing support has brought me this far, and I’d be honored to receive your vote/s. Vote for us here>>>
https://summitdaily.secondstreetapp.com/og/71301ffc-663f-4347-8524-f407647a38c1/gallery/394096216

First Voting Round | August 4-18 | Vote once a day in each category, so be sure to go back every day to vote for the businesses you love. Winners will be announced in October.

Now through August 18

07/27/2023

Praying for those down in Crested Butte and Gunnison county!