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Funding Fix & Flip, Ground-Up Construction, and DSCR loans in 35 States. We're the lender for real estate entrepreneurs looking for fast funding, fair pricing, and amazing service.
Hutto, TX has 50 hard money lenders serving the city. In this city, the mean amount loaned is $415,625. The mean rate for hard money loans in Hutto is 11.3%. 15 months is the mean term for loans made in this city. The average points added to loans is 2.6%. The typical loan-to-value (LTV) for loans in Hutto is 73%.
Darren finds a duplex in Hutto, TX to rehab and sell. Since he does not have enough cash on-hand to purchase the $350,000 project outright, he decides to take out a hard money loan from Sunrise Finance Corporation. The loan to value (LTV) on the loan is 55%. This means Darren will bring 45% of the purchase price to the closing and the principle amount will be $192,500 on the deal. The terms of the deal also stipulate a five percent origination fee which is to be paid at the closing and a 12 month, interest-only note with a 13% rate of interest.
In addition to paying the $9,625 origination fee, Darren will also need to fund $157,500 of the purchase with his own money, or 45% of the purchase price. After the deal is executed and Darren takes over the property, he will begin making monthly payments of $2,085 to Sunrise Finance Corporation ($192,500 principle x 13% / 12 months). Darren's intention is to complete the rehab within the 12 months and sell it for $472,500. If he succeeds he will earn a gross profit of $87,850 ($472,500 price - $192,500 principle amount - $157,500 funds brough to closing - $9,625 origination fee - $25,025 in total interest.
Joseph finds a duplex in Hutto, TX to renovate and re-sell. Because he does not have enough cash to buy the property outright, he takes a hard money loan from Sunrise Investments with the following parameters:
a) A $390,000 sales price, b) a 55% loan-to-value (LTV), c) a 12 month term, d) a 13% interest rate, and e) a 4% origination fee.
Joseph intends to sell the project at the end of the term for $487,500. If he achieves this goal, the final numbers will be the following:
$487,500 sales price
- $214,500 principle (55% LTV)
- $175,500 down payment (45% on 55% LTV)
- $8,580 origination points (4% of the $214,500 principle)
- $27,885 interest payments (12 months x 13% interest)
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= $61,035 gross profit (doesn't include taxes or renovation costs)
Funding Fix & Flip, Ground-Up Construction, and DSCR loans in 35 States. We're the lender for real estate entrepreneurs looking for fast funding, fair pricing, and amazing service.
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With more than $12.3B in funded loans, Kiavi is one of the nation’s largest private lenders to residential real estate investors!
Patterson Investments is a family owned Austin-based lender specializing in fix and flip and ground up construction loans in Austin and San Antonio. Our rates and terms are flexible and we can often close in as little as 3 ...
Hard money loans are all about financial leverage. These are short-term loans from 6 months to 5 years, with less verification for the borrower than conventional loans. These cover purchases, refinances, fix-n-flips and other leverage scenarios involving real estate. When ...
Zeus Mortgage Bank is a Houston, TX based hard money lender who provides funding throughout Dallas, Houston, Austin, and San Antonio. They provide lending solutions for a variety of scenarios, including short term bridge loans, private commercial loans, ...
Based in New Braunfels, Texas, Corridor Funding is a private money lender providing loans in Austin, San Antonio, Dallas, and Houston. They offer fix and flip loans, buy and hold rehab loans, new construction loans, and longer ...
Tidal Loans is a hard money lender based in Houston, Texas. They issue loans throughout the Houston, Austin, and San Antonio real estate markets. They offer flexible loan terms for fix and flip, longer term "temp to perm" loans for ...
Headquartered in Houston, TX, Noble Mortgage & Investments is a private lender providing loans throughout Houston, Dallas, Fort Worth, San Antonio, and Austin. They offer commercial hard money loans, loans for investments properties, fix and flip hard money ...
Little City Investments is an Austin, TX based hard money lender who provides funding in Houston, Austin, and San Antonio. They offer fix and flip hard money loans and loans for investments properties. They provide terms up to 1 year, ...
Park Place Funding is private money lender based in Austin, TX. They offer funding throughout Dallas, Austin, and San Antonio. They offer loans for many different needs and situations, including rental property loans and fix-and-flip hard ...
A List Partners is an Austin, TX based hard money lender providing loans throughout Dallas, Austin, San Antonio, Fort Worth, and Houston. They offer loans for many different needs and situations, including short term fix and flip loans, ...
Capital Concepts is a private money lender based in Houston, TX providing loans in Dallas, Houston, Austin, and San Antonio. They offer buy and hold loans, cash out hard money loans, private commercial loans, and fix-and-flip loans. ...
Texas Quest Capital is private lender based in Houston, TX. They offer funding throughout Dallas, Austin, San Antonio, Fort Worth, and Houston. They offer lending solutions for many different situations, including fix-and-flip loans, loans for investments ...
Conquest Capital Partners is an asset-based lender providing loans in Boston, Dallas, and Austin. They provide lending solutions for a variety of situations and needs, including ground up construction loans, hard money bridge loans, loans for investments properties, private refinancing, ...
Capstone Capital Partners is hard money lender based in Austin, TX. They provide funding in Dallas, Austin, San Antonio, Fort Worth, and Houston. They provide commercial hard money loans, rental property loans, builder loans, hard money ...
Center Street Lending is a private lender headquartered in Irvine, CA offering loans throughout the country. We provide hard money loans for business purpose and non-owner occupied residential properties. Fix and flip, buy and hold, rental property loans, bridge and ...
Headquartered in El Paso, TX, Marquis Lending is an asset-based lender offering funding in El Paso, Houston, Austin, San Antonio, Dallas, and Fort Worth. They provide long term rental property loans, short term fix and flip loans, ...
Commercial Business Loans is an asset-based lender headquartered in Lafayette, LA providing funding across these locations: New Orleans, Lafayette, Lake Charles, San Antonio, Austin, Dallas, Fort Worth, and Houston. Their focus is primarily on commercial loans. They ...
Streamline Funding is a private lender headquartered in Austin, TX providing loans across these locations: Dallas, Houston, Austin, San Antonio, Waco, College Station, Laredo, Corpus Christi, Port Aransas, and Brownsville. They provide loans for a variety of situations, ...
Headquartered in Austin, TX, Nexus Private Capital is a private money lender offering funding in Austin. They offer loans for a variety of situations and needs, including private commercial loans and fix-and-flip hard money loans. They issue ...
Based in Garland, TX, Rehabbers Capital is a private lender providing funding throughout these areas: Dallas, Fort Worth, Houston, Austin, Waco, Temple, Killeen, and Tyler. They offer fix and flip loans and long term rental property loans. ...
Adelante Funding is a McAllen, TX based private lender providing loans throughout Dallas, Austin, San Antonio, Fort Worth, Houston, Mcallen, and Laredo. They provide lending solutions for a variety of situations, including hard money loans for commercial properties ...
212 Loans is a San Antonio, TX based private lender offering loans across these areas: Los Angeles, San Diego, Denver, Phoenix, Dallas, Fort Worth, Austin, San Antonio, Houston, Galveston, Chicago, Nashville, Atlanta, Charlotte, and Tampa. They offer loans ...
Bay Mountain Capital is a private lender headquartered in Dallas, TX offering funding in Texas, Oklahoma, Georgia, and Tennessee. They offer hard money loans for commercial and single-family residential properties that are non-owner occupied.Their loan guidelines are flexible, and they ...
Red Door Funding is a private money lender based in Stafford, TX providing loans in Houston, Austin, and San Antonio. They provide lending solutions for many different scenarios, including buy and hold loans and fix-and-flip loans. They ...
Kell Capital, LLC, is an asset-based private lending company based in downtown El Paso, Texas. Since 2011, their funding has helped to improve communities throughout El Paso and Austin by bettering the real estate landscape, helping to improve the viability ...
Conventus is a San Francisco, Direct Lender. We offer bridge and DSCR. New construction as well. We offer fix and flip loans at no points, and have a 90% program. Minimum FICO: 660. Contact Melissa at mkorda@cvlending.com for pricing and ...
Stratton Equities is the Leading Nationwide Direct Private Money & NON-QM Mortgage Lender that specializes in fast and flexible lending processes. We have the largest library of private money and NON-QM nationwide loan programs under one roof. Our team is ...
Anchor Loans is a California based Hard Money Lender. They provide loans in 46 states throughout the US. They are the largest Fix-and-Flip lender in the U.S. lending over $7.1 Billion life-to-date in total loan volume to real estate investors. ...
Direct Lending Partners originates short-term real estate loans for the purpose of acquiring and renovating distressed residential real estate in the states of AL, CO, CT, DC, DE, FL, GA, ID, IL, IN, KS, KY, LA, MD, MO, NC, NE, ...
Headquartered in Albany, NY, CMN Funding is a hard money lender providing loans all across the US. Their lending focus is primarily on private commercial real estate loans. They issue loan amounts starting at $100,000 with no maximum. They will ...
Relative Lending is a Houston, TX based private lender who provides loans throughout Houston and Austin. They offer lending solutions for many different scenarios, including short term fix and flip loans, long term rental property loans, and hard ...
Manana Funding is private money lender based in Austin, TX. They offer loans throughout Dallas, Austin, San Antonio, Fort Worth, and Houston. They offer lending solutions for many different situations, including investment property loans and fix ...
Based in San Antonio, TX, Entrust Equity Funding is a hard money lender providing funding in Dallas, Austin, San Antonio, Fort Worth, and Houston. They provide loans for many different scenarios, including long term rental property loans, hard ...
Great Central Mortgage Acceptance Co is hard money lender based in San Antonio, TX. They provide loans in Dallas, Houston, Austin, San Antonio, and Corpus Christi. They provide private commercial loans, buy and hold loans, ...
Headquartered in Chicago, IL, Renovo Financial is an asset-based lender providing funding across these locations: Chicago, Milwaukee, Detroit, Indianapolis, Cleveland, Cincinnati, Columbus, Philadelphia, Atlanta, Orlando, Tampa, Miami, Austin, San Antonio, Houston, St Louis, and Kansas City. They provide ...
Based in Spring Branch, TX, Construction Financial Services is a private money lender offering loans throughout these areas: Austin, Corpus Christi, Dallas, Del Rio, Floresville, Fort Worth, Houston, Lubbock, San Antonio, Brownsville, and Waco. They provide fix-and-flip hard ...
Steadfast Funding is an Austin, TX based hard money lender who offers loans throughout Dallas, Austin, San Antonio, Fort Worth, and Houston. They provide loans for a variety of scenarios, including fix-and-flip hard money loans, hard money construction ...
Headquartered in Dallas, TX, FW Funding is a private lender providing loans in Dallas, Austin, San Antonio, Fort Worth, and Houston. They offer buy and hold loans, private commercial loans, and fix and flip loans. ...
Headquartered in Austin, TX, Prein Funding is a private money lender providing loans in Austin, San Antonio, Houston, Dallas, and Fort Worth. They offer short term bridge loans, private commercial loans, fix-and-flip loans, and long term rental ...
Larry The Lender is private money lender headquartered in Houston, TX. They offer loans throughout Houston and Austin. They provide hard money loans for commercial properties, rental property loans, cash out hard money loans, and fix-and-flip ...
Mobius Capital is a private money lender offering funding across the following areas: San Diego, Los Angeles, San Jose, San Francisco, Dallas, Houston, Austin, and San Antonio. They offer lending solutions for a variety of scenarios, including buy ...
Realistic Funding is a Round Rock, TX based hard money lender. They provide loans in Austin. They provide fix and flip hard money loans, buy and hold loans, and private refinancing. They ...
Based in Dallas, TX, Longhorn Investments is a private money lender providing funding throughout these areas: Dallas, Fort Worth, Houston, Austin, San Antonio, St Louis, Kansas City, Indianapolis, Charlotte, Greensboro, Winston-salem, Raleigh, and Durham. They offer lending solutions ...
Urban Coyote Funding is a private money lender headquartered in Dallas, TX offering loans throughout Dallas, Houston, Austin, and San Antonio. They offer fix-and-flip hard money loans, commercial hard money loans, and loans for rental properties. ...
Based in Tulsa, OK, Liberty Realty Capital is a private money lender offering funding across these areas: Tulsa, Oklahoma City, Fayetteville, Edmond, Broken Arrow, Bentonville, Fort Smith, Sand Springs, Norman, Little Rock, Stillwater, Dallas, Claremore, Enid, Austin, Waco, Joplin, Wichita, ...
Based in San Antonio, TX, Proactive Lending Group is an asset-based lender offering funding throughout Dallas, Houston, Austin, San Antonio, Laredo, and Brownsville. They offer private commercial loans, fix and flip hard money loans, and rental property ...
Thrive Lending is hard money lender based in Austin, TX. They offer funding throughout Dallas, Houston, Austin, San Antonio, and Fort Worth. They offer loans for a variety of situations and needs, including new construction loans, ...
Investmark Mortgage is an Addison, TX based private lender providing loans in Dallas, Austin, San Antonio, and Fort Worth. They offer short term fix and flip loans and rental property loans. Their lending guidelines are versatile, including ...
Pinnacle Mortgage is private money lender based in Houston, TX. They offer loans in Dallas, Houston, Austin, and San Antonio. They offer rental property loans, cash out loans, private commercial loans, and fix-and-flip hard money ...
Austin Private Funding is a hard money lender based in Austin, TX providing funding throughout Austin. They offer fix-and-flip loans, commercial hard money loans, and short term loans. They offer terms between 1 month and 1 ...
Hamilton Cash Investments is hard money lender based in Dallas, TX. They offer loans in Dallas, Fort Worth, Austin, San Antonio, Houston, and El Paso. Their lending focus is mainly on rental property loans. They ...
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