MMTC is headquartered in Denver,Colorado, and has a branch office in Phoenix, Arizona, operating as Merchants Funding, LLC. MMTC has been in business since 1961 and since 1997, the company has been the premier lender for fix-and-flip and fix-and-hold investors who are purchasing non-owner occupied, single-family residences (1 to 4 units) for rehabilitation and sale or rehabilitation and refinance.

Since 1997, the company’s residential department has closed over 4,000 loans to investors and that number is continually growing. MMTC has set itself apart from conventional and other private money lenders by providing financing for fix-and-flips that is more flexible than the often rigid standards of traditional, conventional and bank loans, yet considerably cheaper than private money sources. Due to the program benefits that are offered and our customer service, we have had the privilege of having a large percentage of repeat clients. To learn more, click on the “Fix-and-Flip Loans” link.

As the market and economy dictates, the company has also originated ground-up construction loans, loans to scrape and rebuild residential properties, small commercial real estate loans, and short-term loans on multi-family residential (over 5 unit) buildings. These types of projects are currently considered on a case-by-case basis.

Lester Gold is the co-founder and Chairman of the company. Gary Levine has been the President and Chief Executive Officer of the company since 1997. Previously, Mr. Levine was President and Chief Executive Officer of Omnibank and then Key Bank of Colorado. Kim Hubbard has been an Executive Vice President and Sales Manager of the Residential Loan Department since 1997. She has been a fix-and-flip loan specialist since 1993. Many of the company’s loan officers, processors, and operations staff have been with the company for 10 years or more. We look forward to serving you.