Haley Bakken, Underwriter for Cogo Capital, talks about the processes behind hard money loans.


Our Process

At Cogo Capital, we take a comprehensive approach to evaluating your creditworthiness. By utilizing a hard credit pull, we gain access to credit scores from all three major bureaus. This information provides valuable insight into your history of paying other lenders, enabling us to make an informed decision about your ability to manage your monthly interest-only payments with us. Rest assured that we are committed to helping you succeed and will work closely with you to ensure a smooth and successful lending experience.

Our Reporting

We understand the importance of protecting your credit report. We want you to know that we do not report your payment history to the credit bureaus during or after your loan period. In addition, if you have multiple deals in the works over the next few months, there’s no need to worry about us pulling a new credit report. Your current report will remain valid for six months. However, if we do need to pull a new report, we will always seek your authorization beforehand. We value transparency and open communication with all of our clients.

If you would like more information about our credit policies, we’re always happy to answer any questions you may have call or email us:

(800)473-6051 | cs@cogocapital.com

Or, if you are looking to start the process, please click the link below and apply today.