Florida direct lender you can count on to close. Monterey Capital Group funds business-purpose loans on residential, commercial and land, up to $5M. Bridge, acquisitions, fix and flip with 100% of rehab financed, ground-up construction, new construction condo closings and foreclosure bailouts. Up to 70% leverage, interest only, rates from 8.95%. Decided in-house. Soft terms in 24 hours, approval in days. Foreign nationals welcome. We work to your closing date.
Monterey Capital Group is a Miami-based direct private lender for business-purpose real estate loans across Florida. We fund bridge loans, acquisitions, fix and flip with 100% of rehab costs financed, ground-up construction with milestone draws, new construction condo closings, and foreclosure bailouts structured case by case. Loans run up to $5 million, and larger requests are reviewed individually.
Every loan is underwritten, approved and funded in-house. That is why we can issue soft terms within 24 hours and approve in days, and why we can work to your closing date. We lend up to 70% leverage on every program, interest only, with 12 to 24 month terms and extension options. Rates start at 8.95%. Underwriting is asset-based with minimal paperwork. Foreign nationals qualify on the same terms, no US credit history is required, and entity buyers are welcome.
What we lend on. Single-family homes, two to four units, multifamily, townhomes and condos, new condos and homes, mixed-use, office, retail, industrial and warehouse, self-storage and land.
How we work. Terms issued are terms honored. We verify the figures from public records, comparables, permits and flood maps before we opine, and we label every assumption. Broker fees are paid at the closing table. The team brings more than a decade of lending experience, and we believe most borrowers do not need a bigger lender, they need a decisive one.
Have a deal? Send us the address, the loan amount and your closing date and you will have a clear answer within 24 hours.
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
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