Entrust Equity Funding

About Entrust Equity Funding

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 money refinancing, hard money loans for commercial properties, and fix and flip hard money loans. Their loan parameters are versatile, including loan amounts ranging from $50,000 to $2,000,000 with a maximum LTV of 70%, rates ranging between 11% and 12%, and terms between 9 months and 1 year. Their lending guidelines do not include a minimum credit rating. They will make loans on most property types, including single family residences, multi-family units, apartments, offices, retail spaces, hotels/motels, storage facilities, senior communities, mixed use, warehouse buildings, industrial buildings, medical offices, undeveloped land, and churches.

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

Property Types Covered: Single Family, Multi Family, Apartment, Office, Retail, Hotel, Storage, Assisted Living, Mixed Use, Warehouse, Industrial, Medical, Land, Church

Areas Served: Dallas, Austin, San Antonio, Fort Worth, Houston

Licenses: Texas Mortgage Broker License # 617355, RMLO ID: 222640

Lending Guidelines for Entrust Equity Funding

Below are the general loan guidelines published on the Entrust Equity Funding 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 Entrust Equity Funding.

Loan Example 1

Lottie closes on a $200,000 rehab project in Dallas, TX, using a fix-and-flip loan from Entrust Equity Funding. The borrower will have to fund 45% of the sales price in cash to closing based on a 55% loan-to-value stipulated by the lending company. This makes the principle note from Entrust Equity Funding $110,000. The interest rate on the note is 14% for a length of 18 months and the lender requires a three point origination fee at the closing. The interest payments are to be paid on a monthly basis and the principle will be repaid after the sale of the property.

Lottie will have to fund a total of $32,400 upon closing to pay the $90,000 down payment in addition to the $3,300 origination fee. she will then pay $1,283 monthly to the lender. If Lottie achieves her goal of a $290,000 sales price at the end of the loan term, she would pocket a total profit of $63,600 after re-paying the principle and subtracting the money she paid at closing, the origination points, and the monthly interest payments.

Loan Example 2

Dustin locates a house in Dallas, TX to remodel and resell. Since he does not have enough cash to buy the property outright, he takes a fix and flip loan from Entrust Equity Funding with the following parameters:

$260,000 sales price
80% loan-to-value (LTV)
6 month term
11% interest rate
2% origination fee

Assuming a $351,000 sales price at the end of the 6 month term, the final numbers for the deal would look like the following:

$351,000 sales price
- $208,000 principle on note (80% LTV)
- $52,000 down payment (20% on 80% LTV)
- $4,160 origination points (2% of the $208,000 principle amount)
- $11,440 total interest paid (6 months x 11% interest)
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= $75,400 total profit (doesn't include taxes or renovation costs)

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