Priority Investor Loans

About Priority Investor Loans

Priority Investor Loans is a hard money lender headquartered in Houston, TX providing loans throughout Houston. They offer lending solutions for many different situations and needs, including fix-and-flip hard money loans and long term rental property loans. Their loan guidelines are flexible, including loans with a maximum LTV of 70% and rates starting at 12.99% . They will consider different lending requests but generally focus on single family homes and multi-family.

Loan Types Offered: Investment Property Loans, Fix and Flip Loans

Property Types Covered: Single Family, Multi Family

Areas Served: Houston

Lending Guidelines for Priority Investor Loans

Below are the general loan guidelines published on the Priority Investor Loans 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 Priority Investor Loans.

Loan Example 1

George finds a townhome in Houston, TX to flip and sell. Since he doesn't have enough cash available to acquire the $260,000 project outright, he decides to take out a fix and flip loan from Priority Investor Loans. The terms of the loan include a 65% loan-to-value (LTV), so he must contribute 35% of the price as cash to closing, making the principle loan amount $169,000. The loan also has these features: 1) a 12 month term, 2) a 8% interest only note, and 3) a one point origination charge.

George must bring a total of $32,400 upon closing to cover the $91,000 down payment plus the $1,690 origination fee. he will then pay $1,127 per month to Priority Investor Loans. At the end of the loan, he sells the rehabed property for $377,000. After deducting the $13,520 in interest payments ($1,127 multiplied by 12 months), the $1,690 origination fee, the $169,000 principle amount on the loan, and the $91,000 he brought to closing, he will make a gross profit of $101,790 ($377,000 price minus $275,210 in costs). This profit would be reduced by any building costs paid out of pocket.

Loan Example 2

Marshall takes a loan from Priority Investor Loans in order to renovate a townhome to flip in Houston, TX. The loan has the following parameters:

a) A $380,000 purchase price, b) a 65% loan-to-value (LTV), c) a 12 month term, d) a 13% interest rate, and e) a 3% origination fee.

If Marshall accomplishes his goal of a $532,000 sales price, the final numbers of the project would be the following:

$532,000 sales price
- $247,000 principle (65% LTV)
- $133,000 cash paid at closing (35% on 65% LTV)
- $7,410 origination points (3% of the $247,000 principle amount)
- $32,110 interest payments (12 months x 13% interest)
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= $112,480 gross profit (does not include taxes or renovation costs)

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