Global Integrity Finance
321 N Central Expressway, Suite 360
McKinney, TX 75071
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About Global Integrity Finance
Global Integrity Finance are commercial hard money lenders based in McKinney, Texas. They specialize in hard money loans for commercial properties, bridge loans, fix and flip loans, and construction loans in some cases. They fund all loans using their own capital. Global Integrity Finance prides itself on the unparalleled level of service their team provides.
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Loan Types Offered: Hard Money Loans, Fix and Flip Loans, Commercial Hard Money Loans, New Construction Loans
Property Types Covered: Single Family, Multi Family, Apartment, Mixed Use, Medical
Areas Served: AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MO, MS, MT, NC, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, VT, WA, WI, WV, WY, MN
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Lending Guidelines for Global Integrity Finance
Below are the general loan guidelines published on the Global Integrity Finance website. Please confirm all terms and rates directly with the lender.
Hard Money Loans
Loan Amounts: $100,000 - $2,500,000
Available Rates: 8.99% - 12.00%
Typical Terms: 1 months - 18 months
Points Charged: 2% - 4%
Max Loan-to-Value (LTV): 75%
Max Loan-to-Cost (LTC): 90%
Owner Occupied Allowed: NO
Interest Only Loans: YES
Prepayment Penalties: NO
Minimum FICO Score: 600
Time to Close: 7 DaysFix and Flip Loans
Loan Amounts: $75,000 - $2,500,000
Available Rates: 8.99% - 12%
Typical Terms: 1 months - 18 months
Points Charged: 2% - 4%
Max Loan-to-Value (LTV): 75%
Max Loan-to-Cost (LTC): 90%
Owner Occupied Allowed: NO
Interest Only Loans: YES
Prepayment Penalties: NO
Minimum FICO Score: 600
Time to Close: 1 DaysCommercial Hard Money Loans
Loan Amounts: $100,000 - $4,500,000
Available Rates: 8.99% - 12%
Typical Terms: 1 months - 36 months
Points Charged: 2% - 4%
Max Loan-to-Value (LTV): 75%
Max Loan-to-Cost (LTC): 90%
Owner Occupied Allowed: NO
Interest Only Loans: YES
Prepayment Penalties: NO
Minimum FICO Score: 620
Time to Close: 1 DaysNew Construction Loans
Loan Amounts: $100,000 - $3,500,000
Available Rates: 8.99% - 12%
Typical Terms: 1 months - 18 months
Points Charged: 2% - 4%
Max Loan-to-Value (LTV): 75%
Max Loan-to-Cost (LTC): 85%
Owner Occupied Allowed: NO
Interest Only Loans: YES
Prepayment Penalties: NO
Minimum FICO Score: 640
Time to Close: 1 Days -
Loan Examples
The following loans are for education purposes only. They do not represent actual loans executed by Global Integrity Finance.
Loan Example 1
Therese is a house flipper in Houston, TX. She discovers a run-down property for sale and decides to rehab it and re-sell it for a profit. The house has a cost of $180,000 but she does not have the full amount so she takes a hard money loan with Global Integrity Finance. The terms of the loan include a 75% loan-to-value (LTV), so she must bring 25% of the price as cash at closing, which makes the principle loan amount $135,000. The loan is interest-only, with monthly payments, and is for 12 months at 13% interest with 2 points to be paid at closing.
By the terms of the loan, Therese will need to pay a $2,700 origination fee plus 25% of the purchase price, or $45,000, based on the 75% LTV. After the loan closes, she will have to pay Global Integrity Finance $1,463 in monthly interest fees, or 13% times $135,000 divided by 12 months in a year. If Therese sells the house for $270,000 after 12 months, she would then make a total profit of $69,750 after subtracting the principle of $135,000, the money paid at closing of $45,000, the origination fee of $2,700, and the aggregate interest payments of $17,550. This profit does not include building costs.
Loan Example 2
Bruce takes a hard money loan from Global Integrity Finance so he can rehab a townhome to re-sell in Houston, TX. The loan has the following terms:
a) A $380,000 purchase price, b) a 60% loan-to-value (LTV), c) a 18 month term, d) a 11% interest rate, and e) a 3% origination fee.
Based on a $513,000 sales price after the 18 month term, the final numbers for this project would look like this:
$513,000 sales price
- $228,000 note principle (60% LTV)
- $152,000 down payment (40% on 60% LTV)
- $6,840 origination fee (3% of the $228,000 principle amount)
- $37,620 interest payments (18 months x 11% interest)
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= $88,540 total profit (doesn't include taxes or rehab costs) -
by Taylor Coker 03/12/2024
Great company to work with and work for. Will work endlessly to find you the best deal possible
Great company to work with and work for. Will work endlessly to find you the best deal possibleby DR 08/26/2022
Outstanding Customer Service - Easy to work with
Outstanding Customer Service - Easy to work withby Michelle Robinson 07/16/2022
I started at Global Integrity Finance on 2/2/2022. Great at first as a few months went by you could tell you it's bad company and don't want to part of it. I was told lies that I would be making 10-20k a month. The most I made there was 5k in one month. Lost all of savings due to lies and me believing them. I was trying to follow my dream to be a loan officer and provide a better future for my kids as a single mom. They will bait and switch your loan it will NOT close if it does you will be somehow screwed. Oh yah ALSO they didn't pay out my commission I was working with investor since 4/14/2022 and loan closed on 6/28/2022. I put my notice in 06/15/2022 that way I could work and clear my accounts up until 7/1/2022. Toby told Travis just let her go now. Now, I don't get my commission because I wasn't there when it closed? This was not disclosed to me or in my contract at all. Message me if you guys have complaints this will not happen to anyone else ill make sure of it.
I started at Global Integrity Finance on 2/2/2022. Great at first as a few months went by you could tell you it's bad company and don't want to part of it. I was told lies that I would be making 10-20k a month. The most I made there was 5k in one month. Lost all of savings due to lies and me believing them. I was trying to follow my dream to be a loan officer and provide a better future for my kids as a single mom. They will bait and switch your loan it will NOT close if it does you will be somehow screwed. Oh yah ALSO they didn't pay out my commission I was working with investor since 4/14/2022 and loan closed on 6/28/2022. I put my notice in 06/15/2022 that way I could work and clear my accounts up until 7/1/2022. Toby told Travis just let her go now. Now, I don't get my commission because I wasn't there when it closed? This was not disclosed to me or in my contract at all. Message me if you guys have complaints this will not happen to anyone else ill make sure of it.by PaiTheLadee 11/19/2021
Mary Mobisa worked tirelessly to assist us with the loan process. I appreciate her tenacity, endurance, and ingenuity. Grateful for her.
Mary Mobisa worked tirelessly to assist us with the loan process. I appreciate her tenacity, endurance, and ingenuity. Grateful for her.by SR 11/18/2021
The best lender in the nation
The best lender in the nationby MB 04/30/2021
Run Run Run from this company!!!! If you brokerloans like I do, You do not want to bring your deal to this company. The reps are great to work with However, The Top Brass does not have any compassion or care about the clients, brokers and not even their employees from what some of them have shared with me. I brung them a client last year in December before covid hit hard. My client had close to 700 scores with an exellent portfolio which showed more than enough experience. We submited six deals and only one closed. After we ordered and paid for the appraisals we were then told that they have changed their guidlines and that my client no longer qualified for the deal. The client lost over $2,000 on the appraisals. Fast forward exactly one year later where I made a grave mistake in bringing the same client back to Global No Integrity and it just happened again to me and the client. This time there is no market shut down or covid to blame. After working on this deal for 3 months with them, They waited agin untl after the appraisal was paid for and completed and then, out of no where they told us that their guidlines have changed and that we no longer qualify for the loan so the same client lost another $550. I then requested to have a call with Toby which ended up getting me no where because he had no compassion and did not show any care in regards to the two disapointing situations that the client and I had experienced with his company. He went on to blame the wallstreet people or the investors who he relies on to fund the deals, He went on to say that there is nothing he can do because he does not make the decision on guidline changes. Huhh??? I thought that you were the owner, Then it hit me, "NOTE TO ALL BROKERS" If the lender is not funding deals with their own money, Then this can happen to you. They are really puupets on a string and they proved to me that they do not have to stand behind anything that they tell you or your client, BBW (Brokers Beware), This type of situation can get you fired by your investor. My client lost at least $2,700 with this company and it cost me my credibility with my client. I have been originating loans for 20 years and this company gave me the worst experience of my career. If you are looking for financing find a Direct Lender not middle men. I still have all of the appraisals and emails to support my statement and I would never make untruthful statements about anyone or company, My stement is to educate and inform business professionals so that this does not happen to them."A CEO'S Integrity Defines His Business"
Run Run Run from this company!!!! If you brokerloans like I do, You do not want to bring your deal to this company. The reps are great to work with However, The Top Brass does not have any compassion or care about the clients, brokers and not even their employees from what some of them have shared with me. I brung them a client last year in December before covid hit hard. My client had close to 700 scores with an exellent portfolio which showed more than enough experience. We submited six deals and only one closed. After we ordered and paid for the appraisals we were then told that they have changed their guidlines and that my client no longer qualified for the deal. The client lost over $2,000 on the appraisals. Fast forward exactly one year later where I made a grave mistake in bringing the same client back to Global No Integrity and it just happened again to me and the client. This time there is no market shut down or covid to blame. After working on this deal for 3 months with them, They waited agin untl after the appraisal was paid for and completed and then, out of no where they told us that their guidlines have changed and that we no longer qualify for the loan so the same client lost another $550. I then requested to have a call with Toby which ended up getting me no where because he had no compassion and did not show any care in regards to the two disapointing situations that the client and I had experienced with his company. He went on to blame the wallstreet people or the investors who he relies on to fund the deals, He went on to say that there is nothing he can do because he does not make the decision on guidline changes. Huhh??? I thought that you were the owner, Then it hit me, "NOTE TO ALL BROKERS" If the lender is not funding deals with their own money, Then this can happen to you. They are really puupets on a string and they proved to me that they do not have to stand behind anything that they tell you or your client, BBW (Brokers Beware), This type of situation can get you fired by your investor. My client lost at least $2,700 with this company and it cost me my credibility with my client. I have been originating loans for 20 years and this company gave me the worst experience of my career. If you are looking for financing find a Direct Lender not middle men. I still have all of the appraisals and emails to support my statement and I would never make untruthful statements about anyone or company, My stement is to educate and inform business professionals so that this does not happen to them."A CEO'S Integrity Defines His Business"