V3 Lending

About V3 Lending

V3 Lending is a Flower Mound, TX based hard money lender. They provide funding throughout Texas. They offer hard money loans for commercial properties and builder loans. They issue rates starting at 5.25% and loan amounts ranging from $1,000,000 to $100,000,000 with a maximum LTV of 80%. They make loans on most types of properties, including multi-family, apartment buildings, offices, retail storefronts, hotels, storage buildings, assisted living communities, mixed use spaces, warehouse buildings, industrial buildings, and medical facilities.

Loan Types Offered: Commercial Hard Money Loans, New Construction Loans

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

Areas Served: TX

Lending Guidelines for V3 Lending

Below are the general loan guidelines published on the V3 Lending 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 V3 Lending.

Loan Example 1

V3 Lending makes a hard money loan to Bob for the acquisition of a new warehouse after he is denied a conventional mortgage loan by his local bank because he has a low credit rating. Because the borrower and lender agree to a 75% loan-to-value (LTV), Bob will bring $72,500 at the close and the loan principle amount will be $217,500 since the cost of the property is $290,000. The parameters of the loan include a 12 month term, a 10% rate of interest, and a 5 origination fee to be paid by Bob when the transaction closes. By the terms of the loan, Bob will be required to pay an origination charge of $10,875 at the close (5% x $217,500 principle) and will then start making payments of $1,813 per month ($217,500 principle x 10% interest / 12 months per year). he will also make a final payment of the $217,500 principle upon expiration of the loan, or sooner if he chooses to pay off early.

Loan Example 2

Michael finds a townhouse in Houston, TX to rehab and resell. Because he does not have enough cash to buy the property outright, he takes a hard money loan from V3 Lending with the following parameters:

$190,000 sales price
75% loan to value (LTV)
6 month term
10% interest rate
3% origination fee

After the renovation project is finished, if Michael sells the house for $266,000, the outcome would be as follows:

$266,000 sales price
- $142,500 principle on note (75% LTV)
- $47,500 cash paid at closing (25% on 75% LTV)
- $4,275 origination fee (3% of the $142,500 principle)
- $7,125 interest payments (6 months x 10% interest)
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= $64,600 total profit (does not include taxes or renovation costs)

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