Helping Colorado with hard money lending for over 53 years.

Speed + Flexibility = Opportunity

Quickly Close Your Deal

Close in as little as 7 days.

Trusted Hard Money Lender

Over 53 years of lending success.

Flexible Lending Options

Solutions for all situations.

Why Montegra?

Choosing the right lender for Colorado hard money loans is one of the most important decisions a real estate investor will make. Montegra Capital has a proven track record of building strong relationships with borrowers. 2024 was our 53rd anniversary of funding bridge loans in Colorado. Montegra has funded over $750,000,000 of loans, helping Colorado investors finance their real estate purchases, and we’ve developed a reputation as a trusted and reliable lending partner.

In real estate, time is of the essence. Montegra offers immediate decisions and rapid closings. We are committed to delivering you a term sheet within 24 hours of applying and can close as quickly as 7 days. Because of the layers of bureaucracy, banks and other traditional lenders are unable to match our efficiency and speed.

Montegra is a direct lender.  That means that we have our own funds and this allows us to maintain full control over all decision-making in underwriting and funding  loans. This allows for flexibility when it comes to setting loan terms. We are able to provide borrowers with terms that work for them instead of forcing borrowers to use terms that work in favor of the bank.  We have the flexibility to choose our borrowers using common sense instead of fixed standards like credit scores.  Our long history and reputation of funding loans in Colorado means that you are getting certainty of execution when you choose Montegra for your hard money loans.

Properties We Fund

Montegra can help you quickly close a deal in as little as 7 days.

Land Loans

Hospitality Loans

Multifamily Loans

Office or Mixed-Use Loans

Retail Loans

Industrial Loans

Warehouse Loans

Cannabis Tenanted Loans

Vacant & Partially Leased Loans

Quick Close Loans

Colorado Hard Money Loans

For over 53 years, Montegra Capital Resources has served as Colorado’s premier hard money lender, developing a reputation as a trusted source for hard money and bridge loans in Colorado and the Rocky Mountain Region. Montegra is a direct hard money lender, not a loan broker, and as such has complete control over the funds issued and the decisions made.

As an established Colorado private money lending leader, Montegra specializes in financing commercial real estate loans that banks and institutional lenders are not able to fund. Montegra also finances private capital loans on multi-family and residential investment properties.

Montegra’s extensive lending experience has resulted in the development of a lending philosophy based upon 5 core values: speed, flexibility, fair pricing, minimal red tape, and no surprises. Montegra strongly believes in these core values and that staying true to them allows us to better serve both our borrowers and our investors.

Hard Money & Bridge Loans

As a leading lender in the private capital hard money industry, Montegra strives to offer the lowest competitive hard money loan rates available and is always willing to adapt our bridge loan programs to fit the needs of a mercurial commercial real estate industry. The fast-paced changes of this industry require new, creative, flexible lending strategies that offer our borrower the best choices in the hard money lending market.

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“We have brokered a number of loans to Montegra Capital over the last 10+ years and found them to be very efficient and professional in their execution. They are typically able to issue conditional commitments very quickly and they do follow through with closings.”

DAVID O’BRIEN, CHAIRMAN, TERRIX FINANCIAL

“Montegra Capital is an ethical hard money lender, a rarity (and usually non-sequitur) in the industry. Not only do Robert Amter and his team always deliver on their commitments and do so in the time frame promised, but their fees and terms are a very reasonable reflection of the risk they incur. As a mortgage broker with the vantage point of working with many lenders, I can’t express strongly enough how positively I feel about their integrity, professionalism and process. My experience has been exceptional which is not surprising given their 44-year track record.”

CAROLYN J. HAMLET, PRESIDENT, HAMLET FINANCIAL CORPORATION

“Montegra Capital was instrumental in funding our recent real estate purchase.  Without their resourcefulness and ability to get the deal done, I would have lost out on the deal of a lifetime.  Working with Bob, Kim and the team has been a real pleasure!”

LOUIS HARD, PRESIDENT, HI-TEC PLASTIC RECYCLING, INC.

“I have worked with Montegra Capital for the past 3 years and find their team to be very responsive, professional and pleasant to deal with in meeting the needs of my clients.”

ESTHER KETTERING, SENIOR VICE PRESIDENT, CUSHMAN & WAKEFIELD

How Do Colorado Private Money Loans Work?

When most people purchase commercial real estate, they typically do so with the assistance of a long-term loan. However, there are instances in which approval for these types of loans may be delayed, causing problems for business. In such cases, short-term bridge loans can help to bridge the gap, so to speak, until approval for a long-term loan comes through.

Bridge loans generally entail higher interest rates than their long-term counterparts, and the terms for repayment are much shorter, often about 12 months or less, which means you’ll want to secure your long-term financing in fairly short order so you can pay back your Colorado hard money lenders before the term of your bridge loan expires.

The major benefit of this type of loan is that it tends to be quick and easy to obtain, which can relieve your financial burden and your stress while you wait on a long-term loan to come through. Think of Colorado private money loans as the shuttle that takes you to the airport so you won’t miss your cross-Atlantic flight.

Bridge loans are generally for property purchases, and they can be used to expedite closing, perhaps securing advantageous terms, or help a business to avoid default or foreclosure. In many cases, these loans help to support a business awaiting long-term financing. Terms and conditions will differ, but often, there is some form of equity involved, and this will impact the amount of the loan.

In instances where a property owner is putting in a bid on a new property but has yet to sell their current property, Colorado bridge lenders will likely use the current property (or collateral property) to determine the amount of the loan. The loan amount may be calculated as a percentage of the current property value, or potentially the current and new property values combined, although the percentage and the specific formula may vary across Colorado hard money lenders. Liquidity may also be a factor in determining eligibility and the ultimate loan amount.

Who Can Apply With Colorado Bridge Lenders?

Any business that needs a leg up to get by for a short time can benefit from Colorado private money loans. Whether you’re looking to take advantage of an immediate business opportunity, you’re trying to avoid foreclosure, or you need lending for a non-typical business type, such as a cannabis warehouse loan, you could benefit from a short-term loan that bridges the gap between your need and another form of lending. As long as you have sufficient collateral and you meet lending requirements, you could be a good candidate for a bridge loan.

Why Choose Colorado Hard Money Loans?

Traditional bank loans are not always the best choice for every borrower. Whether you’re purchasing property in need of renovation, buying land with the intent of building after doing the necessary work to get a construction loan, or perhaps working to save up for a property from foreclosure, you will find that Denver hard money loans from Montegra are an excellent alternative to traditional loan types that aren’t designed for such purposes.

Hard Money loans offer several advantages for commercial interests seeking real estate loans that are “outside the box” of traditional lenders. Banks place your credit history and your liquid assets on deposit with them as one of the highest priority factors in making their real estate lending decisions. Hard money lenders like Montegra place their greatest focus on the value of collateral you provide.   With an adequate down payment and good real estate as  collateral, you stand an excellent chance of getting your loan approval with a hard money lender if your credit record is not good.

Locally owned hard money lenders like Montegra have the speed and flexibility to provide  for a  faster approval and faster closings.  This means that you have access to a lender that allows you to find and take advantage of good deals when they present themselves. Montegra’s underwriting process is not the one size fits all type of bank procedure.   We will create flexible terms that fit your particular situation. Are There Potential Drawbacks  with  Hard Money Loans?

Before you decide whether to pursue a Denver hard money loan instead of a traditional loan it is important to understand the pros and cons of this type of loan.

Hard money loans typically carry a higher interest rate than bank financing.  However, in almost all cases hard money loans are payable “interest only”  while in almost all cases bank and life insurance company loans are amortized.  This is an important difference.   If an investor takes out a bank loan of (for example) $100,000 at a bank rate of 5.5%  amoritized over a 20- year period (typical bank amortization),  the investor’s monthly payment on this loan will be $6,888.  If the investor uses hard money financing for a similar $100,000 loan at (for example) 8% payable interest only the investor’s monthly payment will be $6,667  –  a lower monthly payment than the bank loan!  For relatively short loan terms – one to three years are typical of hard money loans – having a lower monthly payment often makes sense to the cash flow sensitive real estate investor. The interest rate is not the only loan charge in real estate financing.  Both banks and hard money lenders typically charge an origination fee (points).  Hard money lenders may charge a higher organization fee than banks, but the savvy investor needs to consider all aspects of the loan, time to underwrite and close, monthly payment and origination fee in their evaluation of the pros and cons of each type of financing.

Hard money lenders normally will not lend over 65% of appraised value while banks, in some cases, will lend up to 75% to 80% of appraised value.  Life insurance companies are more conservative about their loan to value ratios. This means that  the real estate investor can expect a lower loan to value amount  from a hard money lender than from a bank  lender.  One more factor to consider in weighing all the pros and cons of this type of loan.  You’ll also face lower loan-to-value (LTV) ratios than you generally find with traditional lending.

Advantages of Colorado Hard Money Loans

Not every real estate purchase or refinance falls within the parameters of what banks and other traditional lenders are willing to fund.  Banks are normally not interested in looking at loans secured by commercial land or secured by income properties that are only partially leases.  They also are reluctant to consider commercial real estate loans to borrowers that have relatively low credit scores, and borrowers that do not show significant liquid assets in their personal financial statements.  In these types of loans working with a well-respected Colorado hard money lender like Montegra Capital may provide opportunities to get the deal funded when traditional lenders are saying no.

In addition to traditional real estate lenders not being willing to fund certain kinds of commercial real estate loans, there are also many instances where borrowers need to secure funding quickly to take advantage of opportunities to make an advantageous   purchase.   Banks can take weeks to make a decision on whether to fund a borrowers commercial loan request.  Private hard money lenders like Montegra can make a decision in hours and close in as little as 7 days.

Banks are required by the Federal Reserve to place their greatest underwriting emphasis on the Borrowers credit and cash flow. Private hard money lenders like Montegra place their greatest underwriting emphasis on getting a secured loan to value on a good property.  This means that Montegra can fund many loans that will not get done by banks or other institutional investors such as  life insurance companies. .  Although Montegra’s hard money loans    have a shorter loan term that banks (Montegra’s loans normally have between a one to three year term – but they are payable interest only with no amortization of principal required)  they offer borrowers  opportunity  to get from Point A to Point B and get the deal done.  The hard money borrower can then have sufficient time to improve the property and move to traditional financing at a time frame that works for them.

When to Seek Denver Hard Money Loans

Hard money loans are not right for every borrower, but there are many instances in which they are preferable to traditional bank loans.   This form of short-term financing is ideal in situations where a borrower may be facing foreclosure because their income has dropped below the rigid requirement of their bank.  They are ideal when a traditional lender commits to fund an acquisition loan and then at the last minute pulls the plug on their borrower leaving them facing the loss of their earnest money because of the short time frame before closing is required.

Hard money loans are also great for those who have the chance to make an advantageous purchase of a commercial real estate property but have been turned down by their bank for credit issues.

These loans are ideal for buyers who want to purchase a property, fix it up to improve its resale value and then sell to pay off a hard money bridge loan.  If you think a hard money loan could be right for your project, it pays to speak with the experts at Montegra to find out how we can help you secure needed financing.

Hard Money vs. Traditional Loan Interest Rates

You may notice, when you start shopping for Colorado hard money loans, that they tend to feature higher interest rates than traditional loans.  This is the tradeoff for the many advantages you gain by choosing a non-traditional lender, from rapid closing and flexible terms, to poor credit being overlooked.  Lenders are taking a higher risk, and it’s offset by the interest rate.

Interest rates for hard money loans are based on several factors, including the region, the lender, the competition, the LTV ratio, and  the perceived risk.  However because Montegra’s hard money loans are payable interest only with no principal amortization the monthly payments are often not that much higher than traditional bank loans.u. Meeting with the qualified team at Montegra is the best way to determine if hard money lending is right for you.

Best Uses of Denver Hard Money Loans

If you’ve exhausted your options when it comes to traditional bank real estate lending, Colorado hard money loans offer an appealing alternative that cuts through most of the red tape and can provide the funding you need quickly.   Hard money loans offer an ideal solution for commercial interests seeking funding for:

  • Quick Close – within 7 days if required
  • Land Loans
  • When borrower does not have appropriate credit or can not provide a strong personal guarantor

Hard money loans offer a good option for borrowers facing credit issues that have prevented them from qualifying for bank loans. Even with stellar credit, the speed with which you can obtain approval and funding of a hard money loan may allow you to take advantage of real estate opportunities ahead of your competitors.

Hard money loans are not always right for every borrower. Carefully weigh the advantages and disadvantages discussed above in making your decision. If you decide to investigate hard money financing then working with a lender like Montegra, with its 53 year history of providing these loans to Colorado borrowers is well worth considering.

To explore the possibilities of hard money lending for Colorado properties, call Bob Amter or Kim Skari or contact them online (bob@montegra.com / kim@montegra.com) to learn more.