Colorado Hard Money Loan Pricing
Montegra stands for fair pricing of our asset based hard money loans. We have a 36 year history of offering creative loans funded quickly at a fair price.
Our rates for loans on commercial and residential improved properties fall between 11.00% and 12.00%. We do not use “bait and switch tactics”. These are our rates. Our loans are always payable interest only monthly so there is no amortization required to increase the monthly payment.
Our rates for loans on land (that is entitled with infrastructure – i.e. a buildable lot) at the current prime are between 11.5% and 12.5%, payable interest only monthly.
We will consider loans on raw land on a case by case basis with the rate being determined by the unique circumstances of the loan request.
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