Noble Mortgage & Investments

About Noble Mortgage & Investments

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 loans, and refinancing. Their loan parameters are versatile, including loan amounts ranging from $50,000 to $1,500,000 with a maximum LTV of 70%, rates ranging between 11% and 14%, and terms between 1 year and 5 years. They make loans on many types of properties, including single family residences, multi-family units, apartment buildings, office buildings, retail spaces, mixed use, and warehouses.

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, Mixed Use, Warehouse

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

Lending Guidelines for Noble Mortgage & Investments

Below are the general loan guidelines published on the Noble Mortgage & Investments 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 Noble Mortgage & Investments.

Loan Example 1

Ann closes on a $230,000 rehab project in Houston, TX, using a fix and flip loan from Noble Mortgage & Investments. Because the lender sets a 70% loan to value, Ann will have to put 30% down so the principle amount of the loan will be $161,000. The terms of the note also stipulate a one percent origination fee that is to be paid at the closing and a 18 month, interest only note with a 9% rate of interest.

The borrower will need to fund a total of $32,400 up front to cover the $69,000 down payment in addition to the $1,610 origination fee. After the deal is executed and Ann takes over the property, she will begin making payments each month of $1,208 to the lender ($161,000 principle x 9% / 12 months). If Ann sells the remodeled house for $333,500 at the end of the 18 month term, her gross profit (not accounting for renovation expenses) would be $80,155. This is computed by taking the sales price ($333,500) and subtracting the original principle ($161,000), the origination fee ($1,610), the cash she contributed to closing ($69,000), and the total interest expenses ($21,735).

Loan Example 2

Noble Mortgage & Investments makes a private money loan to Henrietta for a remodeling project in Houston, TX. The deal dictates the following:

$210,000 purchase price
80% loan to value (LTV)
18 month term
10% interest rate
2% origination fee

After the renovation project is finished, if Henrietta sells the property for $273,000, the final numbers would be the following:

$273,000 sales price
- $168,000 principle (80% LTV)
- $42,000 down payment (20% on 80% LTV)
- $3,360 origination fee (2% of the $168,000 principle amount)
- $25,200 interest payments (18 months x 10% interest)
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= $34,440 total profit (doesn't include taxes or rehab costs)