Mountain View Investors

About Mountain View Investors

Mountain View Investors is private lender based in Rio Rancho, NM. They provide loans in New Mexico. They provide hard money bridge loans, fix and flip hard money loans, and commercial loans. They make loans on various property types, including single family, multi family residences, apartment buildings, offices, retail spaces, storage buildings, and mixed use spaces.

Loan Types Offered: Fix and Flip Loans, Commercial Hard Money Loans, Bridge Loans

Property Types Covered: Single Family, Multi Family, Apartment, Office, Retail, Storage, Mixed Use

Areas Served: NM

Lending Guidelines for Mountain View Investors

Below are the general loan guidelines published on the Mountain View Investors 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 Mountain View Investors.

Loan Example 1

Pat takes a fix and flip loan from Mountain View Investors in order to renovate a townhouse to flip in Albuquerque, NM. The sales price of the house is $230,000. The lender agrees to write a note with a 50% loan-to-value (LTV) so they will extend $115,000 on the project. The loan also consists of the following features: 1) a 18 month term, 2) a 14% interest only note, and 3) a three percent origination fee.

By the terms of the deal, Pat will have to pay a $3,450 origination fee in addition to 50% of the purchase price, or $115,000, since there is a 50% LTV. The lender will collect $1,342 in monthly interest payments from the borrower. This is calculated by taking the full note amount of $115,000, multiplying by the 14% rate of interest, and then dividing that amount by 12. If Pat accomplishes her goal of a $310,500 total sales price when the loan expires, she would earn a gross profit of $52,900 after repaying the principle amount and subtracting the money she paid at closing, the origination fee, and the total interest payments.

Loan Example 2

Elmer is a real estate investor in Albuquerque, NM. He locates a run-down property for a renovation project and obtains a private money loan from Mountain View Investors with the following features:

$190,000 purchase price
85% loan to value (LTV)
18 month term
13% rate of interest
5% origination fee

After the rehab project is completed, if Elmer sells the house for $256,500, the outcome would be as follows:

$256,500 sales price
- $161,500 loan principle (85% LTV)
- $28,500 cash paid at closing (15% on 85% LTV)
- $8,075 origination fee (5% of the $161,500 principle)
- $31,493 total interest paid (18 months x 13% interest)
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= $26,933 gross profit (does not include taxes or renovation costs)