Montegra Capital Resources, LTD Cherry Creek S Dr, Denver

I just did a loan with Montegra. They were great. I called and spoke with Bob he was very honest with me straightforward and did what he said he was going to do. Our particular loan was very time sensitive. Thankfully Bob understood our needs and worked with us very closely to make sure we could get it done in time. It’s actually very unusual but I am also in the hard money lending business. My business is much smaller than theirs. All of our money was already lent out to my own clients. So it was very comforting to know that I could speak with somebody who not only understood my needs but cared enough to help me get it done in the short timeframe that we had to get it done in. We are very grateful for everything Bob and Montegra has done for us. I would strongly recommend talking to Bob if you need a hard money loan. Just talk to him, tell him what you need and he’ll shoot you straight with what he can or cannot do.

I was looking on private loans online and I came across Montegra Capital. I called their denver number and I was directed to their receptionist. I told her that i was looking for a small private loan and she got snippy with me and told me they only do commercial loans and hung up on me. On further investigation on their website it says they specialize in commercial real estate loans but not subject to just that kind of loan. They also deal in private capital loans on multi-family and residential investment properties. I felt very disrespected when trying to get more information but instead she just hung up on me. With the receptionist like that I can't see how you are the premier hard money lender for 41 consecutive years.

I had a loan with Montegra - they are truly awful. Bob uses an appraiser who values property close to 50% of market value- then he loans on that value - usually around 65%. When you payoff your loan they are slow to issue and refund and take forever to get your note returned 'paid'. Don't waste your time with these guys!

Extremely professional and I would recommend anyone looking for any guidance to go talk to them!!