LOS ANGELES, Oct. 30, 2017 /PRNewswire/ -- Colorado Federal Savings Bank ("Colorado Federal" or "the Bank"), a real estate focused bank providing financing solutions to builders and developers nationwide, proves to be "the Builder's Lender" during 2017. Not only did the Bank keep up with construction financing demand, they increased speculative construction loan originations.
Colorado Federal has attracted and retained relationships with quality residential developers to achieve growth and scale in the Bank's target markets across the Pacific Northwest, California, and New York. Earlier this year, the Bank reduced rates and fees and released a highly efficient and transparent loan process to fund loans in as quickly as 21 days.
Alyssa Schramm, Chief Lending Officer of Colorado Federal Savings Bank stated, "Over the past year, our team has worked diligently to differentiate ourselves from traditional bank lenders by providing competitive bank rates at turn times comparable to a private lender and as a result, we have grown meaningfully."
It is the Bank's strategy to be the primary debt partner for experienced developers by offering efficient capital and quality service which allows customers to seize market opportunities and grow their businesses.
For more information, call 855-404-3400.
About Colorado Federal Savings Bank
Colorado Federal Savings Bank, headquartered in Greenwood Village, Colorado, is a FDIC- insured bank with relationship offices in Los Angeles, Portland, San Francisco, and New York. In addition to traditional consumer banking savings products, Colorado Federal provides unique real estate lending solutions to a variety of commercial clients nationwide.
Colorado Federal Savings Bank is an Equal Housing Lender. Colorado Federal has built a close affiliation with Provident Funding Associates L.P., Provident Mortgage Trust and Colorado Federal Building & Investment. By leveraging Provident Funding's expertise and 20+ year track record of success, Colorado Federal has created a banking institution capable of serving the varied needs of real estate borrowers, investors and developers. Colorado Federal is entrepreneurial, proactive and growth oriented and looks to serve customers of a similar mindset.
SOURCE Colorado Federal Savings Bank