2026 Construction Loan Lenders for Penrose, Colorado

The Lendersa® compilation of construction loan lenders in Penrose, CO encompasses regional banks, national lenders, and local hard money lenders who rely on private funds for ground-up construction or extensive rehabs.

For a 2,000-square-foot home in Penrose, CO, construction costs range from $237,867 for basic builds to $431,818 for more elaborate designs. Loan interest rates and terms can differ based on the borrower's financial details, LTV ratios, ARV, and the type of lender chosen.

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Reducing unnecessary inquiries will protect your credit score. Secure preapproval for land loans without disclosing your social security number or sensitive financial information.

You might qualify for 100% LTV financing by using additional properties as collateral under a blanket loan.

Utilize the Lendersa® land loan calculator to identify lenders providing vacant land loans within zip codes 81240.



Penrose Construction Loan Lenders

  • SunWest Educational Credit Union
  • 700 Eagleridge Boulevard, Pueblo, CO, 81008
  • Lends in Colorado
  • At SunWest, our checking accounts are simple. No monthly service fees, no minimum balances and a Visa debit card with no annual fee. Plus, you can get your debit card the same day! We are local not-for-profit financial institution with better rates, fewer fees and the personal service you deserve. Discover brighter days at SunWest.

  • Harrison Federal Credit Union
  • 1060 Harrison Road, Colorado Springs, CO, 80905
  • Lends in Colorado
  • Harrison FCU is a Financial Cooperative owned and controlled by its members and was established to provide quality financial services and guarantee a safe, sound financial environment for the members who share our common bond. You are eligible for membership if you are an employee or a student of Harrison School District #2.

  • Peak Seven Mortgage
  • 118 North Tejon Street, Suite 401, Colorado Springs, CO, 80903
  • Lends in Colorado
  • Serving Colorado Springs, Denver, and the Front Range, we offer competitively priced purchase and refinance programs using conventional loans, government-backed (VA/FHA/USDA), and non QM loan programs. We place a strong emphasis on service to our local veteran community by being experts in the VA Loan programs

  • Low Cost Mortgage
  • 685 Citadel Dr E, Suite 290-9, Colorado Springs, CO, 80909
  • Lends in Colorado
  • LCMLoans was created to be the low cost provider of mortgage loans. The owner is a Vet who has a degree in finance and has years of experience in all facets of Real Estate including mortgage lending.

    SAVE Thousands! Low Interest Rates and NO Lender Fees. You would be hard pressed to find a better deal on a home loan

  • The Mortgage Cowboy LLC
  • 4419 Centennial Blvd, Suite 260, Colorado Springs, CO, 80907
  • Lends in Colorado
  • The Mortgage Cowboy is a full service mortgage shop offering VA, FHA, USDA, Conventional loans. 25 years of experience in the lending industry.
    We know that each customer has specific needs, so we strive to meet those specific needs with a wide array of products, investment tools, mortgages and best of all
    quality service.

  • 5Star Bank
  • 455 W Paine St, Building 1485, Colorado Springs, CO, 80914
  • Lends in Colorado
  • 5Star Bank is more than just a bank — as a locally-owned Colorado business, 5Star Bank has a strong commitment to invest in the communities we serve. We reinvest in businesses from small to large, from financing large commercial projects to SBA loans.

    With an entrepreneurial spirit, the Bank is focused on providing banking solutions to busines

  • Island View Private Loan Fund
  • 2139 Chuckwagon Road, Suite 315, Colorado Springs, CO, 80919
  • Lends in Colorado
  • Island View Private Loan Fund’s (IVPLF) core investment strategy focuses on private lending to entities purchasing real estate such as non-owner occupied houses, fix and flip properties, and 1-4 unit rental properties. While most private loans or asset-based lenders rely primarily upon the value of the real estate backing the mortgage to determine

  • Indigo Mortgage Colorado
  • 6805 Corporate Drive, Suite 115, Colorado Springs, CO, 80919
  • Lends in Colorado
  • At Indigo Mortgage Colorado, we always say that “no one cares more about your mortgage loan”. We believe our borrowers experience a different relationship when they work with the certified staff at Indigo Mortgage Colorado. We take pride in the fact that you’ll work with the same Indigo Mortgage Colorado professional throughout your loan process

  • Red Rock Capital
  • 2139 Chuckwagon Road Suite 315, Colorado Springs, CO, 80919
  • Lends in Colorado
  • Red Rock Capital’s founder and President Joshua Manier has been involved in multiple facets of real estate investing for the past 20+ years. These activities have included: loan originating, underwriting, servicing, and actively managing private mortgage funds. Mr. Manier is responsible for oversight of: investor relations, loan sales/trading, loan