FAQ
Frequently asked questions
What is a hard money loan?
A hard money loan is a short-term, asset-based loan from a private lender. It is secured by real estate and underwritten mainly on the property's value and your business plan, not on your personal credit or income. That is what allows us to close far faster than a bank.
What are your current rates and fees?
Our current offering is 12% interest (interest-only payments), a 2% origination fee, plus doc prep fees. Rush closings carry an additional rush fee. Third-party costs such as title, valuation and recording are disclosed on your term sheet.
How much can I borrow?
We lend from $350K to $5MM, up to 75% loan-to-value, depending on the property and deal.
How fast can you close?
Standard closings take 10–14 days. For time-sensitive deals, rush closings take 5–8 days for an additional fee.
What loan terms do you offer?
Terms run 12–18 months with interest-only payments and a 4 months minimum interest period. Extension options (up to 12 months) are available.
Is there a minimum credit score?
No. We are an asset-based lender. We look at the property, your equity, your plan and your exit strategy.
Do you lend on owner-occupied homes?
No. We make business-purpose loans only, on non-owner-occupied investment and commercial property.
Where do you lend?
Throughout Texas, including Dallas–Fort Worth, Houston, Austin, San Antonio and surrounding markets.
What property types do you finance?
Single-family and 2–4 unit residential, multifamily, retail, office, industrial, mixed-use, and land. See our Loan Programs page for details.
Do I need to borrow through an LLC?
We typically lend to business entities such as LLCs, corporations and partnerships. If your entity isn't formed yet, tell us on the application and we can walk you through it.
What documents will I need?
Typically: the purchase contract, entity documents, a scope of work and budget (for rehab or construction), a government ID, and proof of funds for your down payment and reserves.
Have a deal under contract?