Since 2008, banks have faced unusual pressure from Federal bank regulatory agencies such as the Federal Deposit Insurance Corporation (FDIC) and the Office of Comptroller of the Currency (OCC) to reduce their portfolio of commercial real estate loans or reconcile themselves to an increase in the bank’s capital requirement that can be imposed on the bank by Federal regulators. As a result, banks are more willing to sell off commercial real estate notes at significant discounts. These notes may be non-performing or may simply be loans that the bank would like to get off of their books for one reason or another. Regardless, this situation often results in good opportunities for real estate investors to purchase notes on distressed properties at a steep discount. Since banks require prompt action on the part of note purchasers, working with an experienced Colorado private capital direct lender such as Montegra can help investors to better leverage their note purchase.

Montegra offers buyers of first-mortgage, real-estate-secured Promissory Notes and Deeds of Trust the opportunity to finance their purchase through Montegra’s bridge loan program. This bridge loan program is another example of Montegra’s Colorado Hard Money lending programs that assist its borrowers with taking advantage of current opportunities to pick up assets at discounted prices today.