Montegra Capital Resources

About Montegra Capital Resources

Montegra Capital Resources is a Denver, CO based private lender providing funding in Denver, Boulder, Loveland, Fort Collins, Aspen, and Vail. They offer short term bridge loans, loans for rental properties, cash out loans, fix and flip loans, and private commercial loans. They issue loan amounts ranging from $250,000 to $5,000,000 with a maximum LTV of 65%, rates ranging between 9.5% and 10.75%, and terms between 6 months and 3 years. They provide loans on all the following property types: single family homes, multi family residences, apartment buildings, office buildings, retail storefronts, hotels and motels, storage buildings, senior housing facilities, mixed use spaces, warehouse spaces, industrial facilities, medical buildings, undeveloped land, and churches.

Loan Types Offered: Investment Property Loans, Fix and Flip Loans, Commercial Hard Money Loans, Refinance / Cash Out Loans, Bridge Loans

Property Types Covered: Single Family, Multi Family, Apartment, Office, Retail, Hotel, Storage, Assisted Living, Mixed Use, Warehouse, Industrial, Medical, Land, Church

Areas Served: Denver, Boulder, Loveland, Fort Collins, Aspen, Vail

Lending Guidelines for Montegra Capital Resources

Below are the general loan guidelines published on the Montegra Capital Resources website. Please confirm all terms and rates directly with the lender.

Loan Examples

The following loans are for education purposes only. They do not represent actual loans executed by Montegra Capital Resources.

Loan Example 1

Pam is an investor in Denver, CO. She discovers an older property for sale and decides to renovate it and sell it for a profit. The property has a cost of $220,000 but she does not have the full amount so she obtains a fix-and-flip loan with Montegra Capital Resources. The terms of the deal include a 50% loan-to-value (LTV), so she must bring 50% of the price as cash to closing, making the principle note amount $110,000. The note is interest only, paid monthly, and is for 6 months at 11% interest with 1 points to be paid when the deal closes.

Pam will need to bring a total of $32,400 upon closing to cover the $110,000 down payment plus the $1,100 origination fee. After the deal closes, she will pay the lender $1,008 in monthly interest payments, or 11% times $110,000 divided by 12 months in the year. If Pam accomplishes her goal of a $275,000 total sales price at the end of the loan term, she would collect a total profit of $47,850 after repaying the principle amount and deducting the money she paid at closing, the origination points, and the total monthly interest payments.

Loan Example 2

Montegra Capital Resources makes a private money loan to Alexander for a renovation project in Denver, CO. The loan includes the following:

$230,000 purchase price
50% loan to value (LTV)
6 month term
12% interest rate
3% origination fee

After the rehab project is completed, if Alexander sells the project for $276,000, the outcome would be as follows:

$276,000 sales price
- $115,000 loan principle (50% LTV)
- $115,000 cash paid at closing (50% on 50% LTV)
- $3,450 origination points (3% of the $115,000 principle amount)
- $6,900 total interest paid (6 months x 12% interest)
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= $35,650 gross profit (does not include taxes or rehab costs)