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The following loans are available to our Ignite Funding clients on a first-come-first-served basis.

The following loans are available to our Ignite Funding clients on a first-come-first-served basis.

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The collateral for this loan consists of 126 finished residential housing lots located in Colorado Springs, CO (approximately 61 miles south of Denver, CO). These 126 lots are part of 13.7 acres that is being developed into 229 residential units consisting of five 20-unit condo buildings, four-10 unit condo buildings, and 89 single family residences. The 229 total units are part of a larger 800 lot community known as Victory Ridge which the borrower originally acquired back in 2018. The townhomes will average 1,600 square feet in size with an anticipated sales price averaging about $485,000. These lots represent the fourth and final land takedown between the borrower and the land’s previous owner. Lokal Homes, the home builder of this project, is averaging nearly six sales per month since sales began seven years ago.

The collateral for this loan is an approximately 14.46-acre site that has been entitled to allow for the construction of medical facilities. The borrower intends to build 10 grey-shell medical office buildings on this land with the site plan shown in the below QR code/link. Horizontal development of the full 14.46 acres is ready to begin within the next 45 days, with construction soon to follow. Construction is expected to proceed in phases, with the first four medical office buildings included phase one. Each subsequent medical office will be constructed utilizing a new, separate loan that will be specifically for that building. The project sits less than 400 yards from the entrance to the 212 bed Mercy Gilbert Medical Center which opened in 2006. The borrower believes higher values will be generated after construction is nearing completion and as such will begin to source buyers closer to the completion of construction for Phase One.

First Trust Deed collateralized by two parcels of residential land totaling 10.5 acres in Perry, UT. The borrower has worked with the current owner to get this land under contract and came to Ignite seeking financing for the acquisition and development of what will ultimately be 110 finished residential lots. Notably, the borrower has already secured a national homebuilder as the buyer for this project before they close on the initial acquisition of the land. Once the land is acquired the borrower can begin the entitlement, subdivision, and land development work that will ultimately yield 110 finished lots. It is anticipated this process will be complete around early Q2 of 2026. Once complete, the borrower will be able to execute the PSA with the future buyer and payoff this loan.

The collateral for this loan consists of 60 residential housing lots averaging a quarter acre in size, located in Monument, Colorado (approximately 20 minutes north of Colorado Springs, CO). Lokal will use these lots to build ranch-style and two-story homes ranging from 5 to 6 bedrooms and 3,351 and 4,328 sq. ft. This quaint neighborhood, known as Jackson Creek, is conveniently located near the I-25, creating a convenient commute to the Air Force Academy, Colorado Springs, and the Denver Tech Center. It borders Pike National Forest to the west as well as fishing, kayaking, and paddle boarding at Palmer Lake nearby. Other notable nearby places are Garden of The Gods, Seven Falls, Old Colorado City, Red Rock Canyon, and The Olympic Training Center and museum.

The collateral for this loan is approximately 38 acres of land in Hurricane, UT which is approximately 140 miles northeast of Las Vegas, NV. Since acquiring the site, they have successfully worked with the city to get a preliminary plat and site plan approved. The site will ultimately consist of 15 single family detached lots, 132 attached townhome lots, 372 apartment units, and over 66,000 square feet of commercial space. The borrower will develop the entire project and sell off different sections to developers who will construct those specific aspects of the project. Three of the five “super pads” (the sections of the property designated for specific uses) have LOIs to purchase the property within 90 days of being developed. Development began in the middle of 2024 and is expected to continue until late Q3 2025.

Ignite Funding, LLC | 6700 Via Austi Parkway, Suite 300, Las Vegas, NV 89119 | P 702.739.9053 | M 702.919.4281 | F 702.922.6700 | NVMBL #311 | AZ CMB-0932150 | Money invested through a mortgage broker is not guaranteed to earn any interest and is not insured. Prior to investing, investors must be provided applicable disclosure documents.

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