Ceasons Holdings

About Ceasons Holdings

Ceasons Holdings is private money lender headquartered in Colleyville, TX. They provide loans throughout Texas. They provide lending solutions for a variety of situations, including hard money bridge loans, cash out loans, loans for investments properties, fix and flip loans, and commercial loans. Their loan parameters are versatile, including rates ranging between 12% and 17%, loan amounts ranging from $100,000 to $2,500,000 with a maximum LTV of 65%, and terms up to 1 year. They make loans on all the following property types: single family residences, multi family, apartment buildings, office units, retail storefronts, mixed use, raw land, and hotels/motels.

Loan Types Offered: Investment Property Loans, Fix and Flip Loans, Commercial Hard Money Loans, Refinance / Cash Out Loans, Bridge Loans

Property Types Covered: Single Family, Multi Family, Apartment, Office, Retail, Mixed Use, Land, Hotel

Areas Served: TX

Lending Guidelines for Ceasons Holdings

Below are the general loan guidelines published on the Ceasons Holdings website. Please confirm all terms and rates directly with the lender.

Loan Examples

The following loans are for education purposes only. They do not represent actual loans executed by Ceasons Holdings.

Loan Example 1

Ceasons Holdings makes a private money loan to Eric for a remodeling project in Houston, TX, on a property that is listed for $310,000. As the lender agrees to a 50% loan-to-value, Eric will be required to put 50% down and the amount of the note will be $155,000. The terms of the loan dictate a 11% note for 12 months. They also require a 5 point origination fee, which will also have to be paid upon closing.

On top of the $7,750 origination fee, Eric will also need to fund $155,000 of the purchase with his own cash, or 50% of the sales price. Once the loan is executed and Eric takes on the project, he will need to begin making payments each month of $1,421 to the lender ($155,000 principle x 11% / 12 months). At the end of the note, he sells the rehabed property for $372,000. After subtracting the $17,050 in interest expenses ($1,421 times 12 months), the $7,750 origination fee, the $155,000 principle amount on the note, and the $155,000 he contributed to closing, he will make a total profit of $37,200 ($372,000 sales price minus $334,800 in costs). This profit would then be reduced by any renovation costs paid by the borrow.

Loan Example 2

Addie locates a house in Houston, TX to remodel and sell. Since she does not have enough cash to buy the property outright, she takes a fix and flip loan from Ceasons Holdings with the following parameters:

a) A $360,000 purchase price, b) a 50% loan to value (LTV), c) a 18 month term, d) a 11% interest rate, and e) a 2% origination fee.

After the renovation project is finished, if Addie sells the project for $522,000, the outcome would be as follows:

$522,000 sales price
- $180,000 principle (50% LTV)
- $180,000 down payment (50% on 50% LTV)
- $3,600 origination fee (2% of the $180,000 principle amount)
- $29,700 total interest paid (18 months x 11% interest)
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= $128,700 total profit (doesn't include taxes or renovation costs)

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