owner occupied hard money loans texas

Will use again in the future.. Great rates too. The entire process from start to finish was smooth and easy. These loans are typically for purposes such as fix and flip, fix to rent, bridge, or buy to rent. Call Us Now! At Source Capital, we are licensed and insured in California, Minnesota, Colorado, Texas and Arizona. Where equity means more than credit They answer in a very timely manner and kept me up to date with loan process. We just got the very first deal done with Sacha and love the way he works. Managing & Creative Director @ excentricGrey, I introduce the most creative and original ideas for my customers, With over a decade of experience in the "Digital World', in 2006 helped found the Digital Marketing Agency, Excentric. This alternative financing is beneficial to the borrower in many circumstances. They are consistent, direct and deliver every time., As a lender myself, working with Source Capital shows that there are still a lot of good people in our industry, and we will definitely be in connection to do future business together. The application process was very straightforward but subject to some delays of my own making. While traditional lenders can provide these types of loans, the requirements are often too strict and unforgiving. occupied The founder, Sacha Ferrandi, and his excellent staff were most helpful and were always available to explain the process and answer all of my questions. WebOwner Occupied Residential Private Money Loans Private Money Loans & Hard Money Loans As Low As 7%, Up To 80% LTV, $100k to $35 Million, EZ Qualify! WebResidential Owner-Occupied businesS purpose Loan Borrow up to 65% Loan to Value Direct Lender - No Middleman Rates as low as 7.99% Pre-Approval In Minutes NOT Days Ultra Fast Closing Time Commercial Business Purpose Loans Borrow up to 60% Loan to Value Direct Lender - No Middleman Rates as low as 7.99% Pre-Approval In Minutes This includes flips, buy and hold, Airbnb loans, and even owner-occupied loans (such as cash-out loans) and often you can be approved for multiple loan products with only one credit pull! Owner occupied hard money loans have a shorter lifespan than a conventional loan. This is a 30 year loan with fixed payments based on 30 year amortization. Got to have someone like him in your corner. A+ rating with the Better Business Bureau, We are direct lenders and lend our own funds, Loan Parameters for Residential hard money loans, Guide for Borrowers on Hard Money Lending, FAQs for Private lending/Hard Money Lending, 2022 stock market correction impact on real estate prices, Employment opportunities with Fairview Lending, General real estate financing information, how will real estate prices be impacted by falling stocks, if there is a recession what happens to real estate, Small Balance Commercial property tax information, what does this real estate recession look like, what happens to real estate in a correction. Simply stated- truly exemplary and professional people, Source Capital has been an absolute pleasure to work with throughout. But, Ryan Burns made this happen, after the 1st phone consultation, I decided to fill in application, and give out my personal information, we talked almost every two or three days to make sure the deal is there and nothing falling through.The most amazing feel is Ryan complete the task on time, if he says he will provide the LOI by 5pm, you will get it. When is a Residential Hard Money loan appropriate? WebTexas Equity Lending focuses on borrowing alternatives for companies and individuals unable to qualify for normal bank financing. For the last 10 years I work exclusively with source capital.Extraordinary due diligence unbelievable track record of success. WebHard money loans in Texas can range from $100,000 to $1 million or more. If you want to get a deal accomplished, they are the ones to work withChris P.San Antonio, Texas. They are a great group who are fast and friendly and understand your needs. FHA drops fees 1500/year, how will this impact the spring real estate market? WebTexas Equity Lending focuses on borrowing alternatives for companies and individuals unable to qualify for normal bank financing. WebLoan Amount Minimum $75,000 ($50,000 in San Antonio). At Source Capital, we aim to help our clients achieve their real estate dreams. Our management team, with over 30 years of investing industry experience, has successfully funded over 200 million dollars in private money loans for real estate investors. Keep up the good work. I cannot thank these wonderful people enough. How can we help? They kept me very well informed and stayed on top of the process from start to finish. Fairview is radically different from a bank (see table below) and also very different than other private lenders. I've been investing with Source Capital for over 10 years and have nothing but good things to say about everyone there - Sacha, Ryan and Marie. My partner recommended I try Source Capital. Great communication and customer centric, highly recommend! I came across a great opportunity and needed a loan fast. WebTEXAS INVESTOR FINANCING is a premier source for real estate investment funding. . There are many reasons to make this decision. Particular amounts vary from one case to another and may depend heavily on the lender you choose. Ryan, Sacha and Marie were a PLEASURE to work with. Fund your Commercial Purchase, Refinance, or Rehab Fix/Flip This can be such a stressful process, butthey makeit all so easy., Smooth and fast transaction as theloan was funded in 8 days. Eleven years ago we were fortunate enough to find Source Capital through a friend at our club. E.Dunn. Passionate about web design and interactivity since the beginning of these concepts, has developed his work in direct coordination of the projects produced by the Agency, particularly in its component design, integration and usability, currently exercising the responsibilities and functions of Creative Director at. The process is easy, fast, streamlined and transparent. Sacha and team were wonderful to work with from start to finish. How To Get A Mortgage With No Tax Returns? These loans are typically for purposes such as fix and flip, fix to rent, bridge, or buy to rent. The best of the best! We fund hard money loans a variety of different residentialproperties from a standard family home to a multi-unit project. Texas Hard Money Loan Applicants with fico scores as low as 300! Borrowers who are self-employed, have not worked at the same job for at least two years, who have a credit issue which requires time to resolve, or who have filed bankruptcy might require long-term private financing to allow enough time to season the credit (establish loan history with a reasonable record). We also specialize in hard money loans in Colorado, Texas, Arizona and Minnesota as well offering streamlined service to secure your new property in no time! **Seller held 2nds/Cross Collateralization of Additional Realestate Allowed. https://www.fhamortgageprograms.com/badcredithome-loans/. These loans are typically for purposes such as fix and flip, fix to rent, bridge, or buy to rent. I appreciate all the work involved in putting together this loan. To Get a Real Estate Investment Loan: It is not a requirement to get income verification for the borrower for cash flowing properties True or, Inflation Impacting Mortgage Rates Rising inflation is a concern for most Americans and impacts every sector of the economy. After extensively searching for a loan company with the perfect fit and right scenario, Source Capital was the only company that provided exactly what was needed with perfect monthly payment and the necessary structured years we desired. www.Fhamortgageprograms.comAll information subject to change without notice. Sacha and his team are superior in this industry and break the traditional rules. Sasha was very patient and helpful with everything. Every member of their staff is so polite and make the process a breeze! If you think it took a long time just to read that sentence, then you have no idea the time it can take to apply, approve, sign, and fund owner-occupied real estate loans with a traditional lender who is obligated to comply with federal regulations such as TRID. This alternative financing is beneficial to the borrower in many circumstances. Our loans are weighted heavily on the property which allows us to quickly fund loans that make sense. I highly recommend, I have always had a highly professional and honest experience with everyone on their team and would recommend to anyone looking for financing., They arealways so patient, helpful, and professional. This is a first class company. Many borrowers have unique situations and need unique opportunities to give them the funding they seek. Last visit: 6/25/18, Youve visited this page 2 times. Borrowers, however, can pay this loan off sooner without penalty. Regulations such as these were enacted with the intention of protecting borrowers following the fallout of 2008s housing bubble and economic downturn. Below are just a few of the reasons when a residential hard money loan might be appropriate. Whether you are a seasoned veteran or still planning to flip your first house, we are here to serve you. They are a pleasure to work with Strongly Recommended., Highly recommend Source Capital Fundingif you need money fast and you value efficiency. An owner-occupied hard money loan offers borrowers many finance options. They are fast and easy to work with. WebBenefits of Hard Money Construction Loans. Our maximum DTI is as high as 55% with LTVs as high as 80%. If you have equity in your house they will work with you even if you have low credit score.Recommend them highly. If you are thinking about working with them, don't hesitate just do it. WebLoan Terms: Close in as little as 5-7 days, but generally expect longer, especially when TRID guidelines must be followed 30 year fixed No prepayment penalty 8.99-9.9-% typical interest rate 2.0 3.0 points plus $1,495-$1,995 doc & admin fee Debt ratios can be above FNMA back end requirements Amazing company to work with. For the borrower, this was a good deal, one that we were not willing to match. of Real Estate regulations. I recommend highly. His calm and intellect in the face of everything that was thrown at him was impressive and made the experience smoother than it ever should have been. There is no second choice or backup! UPDATE: three years later and we hav once again worked with Source Capital Funding. Whether you are a self-employed borrower with a seasoning of funds and reserves issue, or a real estate professional trying to provide their client with all the options available to them, private money is a great tool that gives the borrower lending luxuries such as the ability to make cash-like offers. Highly recommend. As a direct hard money lender, we have the experience and capital to help borrowers looking for a purchase or refinance hard money loan. Thanks! Loan approvals have emphasis on EQUITY not credit and income documentation. As a premier direct hard money lender, we have the experience and capital to help borrowers looking to purchase property or refinance an existing hard money loan. I was introduced to Source Capital Funding by a respected friend and business associate. Why would anyone want to go anywhere else? WebLoan Terms: Close in as little as 5-7 days, but generally expect longer, especially when TRID guidelines must be followed 30 year fixed No prepayment penalty 8.99-9.9-% typical interest rate 2.0 3.0 points plus $1,495-$1,995 doc & admin fee Debt ratios can be above FNMA back end requirements They were so easy, quick & professional. and havehelped me so much! Our loans are intended for business purposes only, including not only investment properties, but also for uses such payroll and inventory. A word of caution: Be careful when a private lender tells you they can do a consumer/owner-occupied loan that doesnt fit the above framework. They are a quality group that I recommend to anyone. Source Capital is proud to provide asset-based funding for people like you giving you access to the capital you need to get your project off the ground. money hard loans loan commercial everyone why they financing mobile If I need them in the future I will go right back to them. Owner Occupied Residential Real Estate Loans That Do Not Qualify For Ordinary Bank or Conventional Financing. WebLendingOne is a private money lender offering short-term mortgage loans to real estate investors for new construction investment properties across the state of Texas. These regulations, however, have created an immense amount of paperwork and a strict set of lending rules which have made it extremely difficult and time-consuming for even the most creditworthy borrowers to get loan requests approved through traditional means of financing. Will definitely recommend. WebTexas Equity Lending 507 Rhapsody San Antonio, Tx 78216 Toll-Free: (800) 333-8323 Phone: (210) 979-6683 Fax: (210) 979-0989 Thank you all at Source Capitol! I highly recommend Source Capital Funding, Inc. For the past few weeks, I have been working with Source Capital Funding in obtaining a short-term loan. I called Ryan and he knew exactly what was needed and made sure the program/process was crystal clear during our first conversation. Over the years, investors fine-tuned their methodologies, when it became quite apparent that the use of hard money was easily accessible and came with Those seeking to borrow money to make a real estate purchase or another type of investment can turn to hard money loans as a feasible, solid solution. The portal is clean and easy to use for the borrower and the process was like clock work. 100 thumbs up. WebHard Money & Permanent Financing As Texass best lender, we provide short and long-term funding solutions for real estate investment. Saved my deposit and helped me flip this property! (888) 219-6840 Since we are privately funded, we can offer loan terms that no other bank or organization provides. In 2021, Great Central Mortgage Acceptance Company, LTD (GCMAC) began doing business as Texas Equity Lending to clarify its exclusive laser-focus on meeting hard money demands for Texas investors. This includes flips, buy and hold, Airbnb loans, and even owner-occupied loans (such as cash-out loans) and often you can be approved for multiple loan products with only one credit pull! Need A Real Estate Loan Fast? Need A Real Estate Loan Fast? I would trust them with my closest friends and family. I would refer Source Capital Funding ,INC with confidenceI will reinvest again.. Phoenix is a great market for me to expand inThanks again!!!! Sacha Ferrandi with Source Capital is GREAT to work with! All information subject to change without notice. Great team! Harder for Borrowers to Secure a Loan in February, Credit Availability Hits record low, We are hiring a full time association in our Atlanta office. I would use Source Capital again without hesitation and moreover invest with the company in the future. Were a hard money lender that can find loans for those clients looking for quicker or more personalized considerations than WebHard money loans in Texas can range from $100,000 to $1 million or more. Call or apply now and see just how great our residential hard money loan terms are. I will definitely go to them for my future needs. Ryan went above and beyond to alleviate my fears and tackle each problem quickly and efficiently. We have some of the most favorable commercialhard money terms in the industry and understand how important it is to offer our clients fair terms. WebLoans From $100,000 up to $3,000,000 Short-Term & Long-Term Competitive Rates Same Day Approvals Fast In-House Underwriting Most Closings in 5-10 Days Brokers Protected No Minimum Credit Score / FICO No Minimum Income Requirement Loans From $100,000 up to $3,000,000 Short-Term & Long-Term Competitive Rates Same Day Approvals Google 5-Star Rated Direct Hard Money Lender. When is a Residential Hard Money loan appropriate? *Loans will be arranged or made pursuant to a California Department of Financial Protection and Innovation license. Two common options include a bridge loan and a construction loan. Marie Gleason was accomodating and good customer service. This alternative financing is beneficial to the borrower in many circumstances. Communication was clear and responsive, funding was quick, and terms were as agreed and proposed., Recently completed another flawless transaction with Source Capital. WebTexas Equity Lending focuses on borrowing alternatives for companies and individuals unable to qualify for normal bank financing. Definately will go to them for any future $$$ needs. Ryan, Sacha and Marie are professional, knowledgeable and helpful. I would recommend and would be happy to come back. WebWe offer hard money loans for residential (non-owner occupied homes) buy-fix-sell and buy-fix-rent investments in Texas. Very friendly staff that likes to get it done. True, the fees are high, but Source Capital makes it worth your while. Save time by applying online. Our loans are intended for business purposes only, including not only investment properties, but also for uses such payroll and inventory. No. At Source Capital, we provide loans with terms up to 36 months without tacking on junk fees or superfluous terms. WebLoan Terms: Close in as little as 5-7 days, but generally expect longer, especially when TRID guidelines must be followed 30 year fixed No prepayment penalty 8.99-9.9-% typical interest rate 2.0 3.0 points plus $1,495-$1,995 doc & admin fee Debt ratios can be above FNMA back end requirements Source Capital was there to provide both the letter of Intent and actual financing which unabled me to close on my investment property with no hassle. Save time by applying online. The investment in a new building requires careful planning and access to a high level of capital. Ryan, Marie, Jenna.-You can't find better people or a better team here or anywhere. Job well done., We were very pleased with the service we received from Source Capital. ATexasBad right for you.Texas BAD CREDIT MORTGAGE LENDERSPROGRAMS INCLUDE: . This includes flips, buy and hold, Airbnb loans, and even owner-occupied loans (such as cash-out loans) and often you can be approved for multiple loan products with only one credit pull! Great team, highly recommend this company. Especially M Gleason. Below are just a few of the reasons when a residential hard money loan might be appropriate. Our Texas hard money lending may also be used to fund bridge loans for up to 12 months. I would highly recommend Source Capital Funding. If you were recently denied a loan from a bank or traditional lender, a private hard money loan is a viable option because hard money lenders focus your equity, not your financial history. A+. The whole process was smooth and fast. Highly recommend reaching out to him for any and all of your real estate funding needs! Were very satisfied with Source Capital Funding. occupied homeowners wealth renting mashvisor I was very pleased to work with Source Capital, there are plenty hard money loan company there, but Ryan will still be my first choice for my next project. Their process is easy and they offer great flexibility. Below are just a few of the reasons when a residential hard money loan might be appropriate. IMPRESSIVE! With traditional lending (banks, credit unions, and mortgage finance companies), lenders are held to a complex set of strict lending regulations, especially when it comes to an owner-occupied loan. Owner occupied hard money loans have a shorter lifespan than a conventional loan. Call or apply now and see just how great our residential hard money loan terms are. FHA mortgage lender. An example of this type of situation might be if a borrower is purchasing and selling a home at the same time or if the borrower does not have a sufficient down payment for conventional financing. We use private capital that optimizes speed and flexibility, two things banks cant do. money hard lenders loans loan estate real lending north finance carolina ira directed self connecticut llc possible deal boston construction They always delivered what they promised. Our management team, with over 30 years of investing industry experience, has successfully funded over 200 million dollars in private money loans for real estate investors. Phone: 866-634-1270 info@FairviewLending.com, Colorado Hard Money Lenders | Bridge Loans | Colorado Private Money Loans, Georgia Hard Money Lenders | Bridge Loans | Georgia Private Money Lending, Fairview Commercial Lending Partner Profiles. Business Purpose vs Consumer Sacha and his team continued to provide superior service and stay in constant communication. Got my loan in less than a week. PLF specializes in residential and commercial loans for both borrows and brokers filling a void left by institutional lenders. WebResidential hard money loans are short-term loans that are backed by real estate assets. Sacha was always available by phone and email to answer any questions we had and walk us through the process. Business Purpose vs Consumer Easy working with them, very fast and to the point and very cooperative, they help you every step of the way. Call, Conventional Refi With Bridge Appraisal, Debt Service Coverage Ratio (DSCR) Loans, a Terrific Opportunity for Real Estate Investors, Quick Pre-Approval in as few as 24-48 Business Hours, Highest Level of Security and Data Protection, All Customer Data is Encrypted and Housed in an SSAE16-based SOC or Higher Certified Data Center, E-Notarization or Mobile Notary Available*. Our customers can count on never having to be penalized for paying off a loan early or be hassled with junk fees and ridiculous terms. Business Purpose vs Consumer WebLendingOne is a private money lender offering short-term mortgage loans to real estate investors for new construction investment properties across the state of Texas. While traditional lenders can provide these types of loans, the requirements are often too strict and unforgiving. Also called bridge loans or no-doc loans, hard money loans are a great option for real estate investors looking for a loan quickly. My loan was not your typical situation and was fraught with hiccups. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); As Texass best lender, we provide short and long-term funding solutions for real estate investment. I recommend them to anyone who needs extra help getting home financing. The best from coast to coast. The only available private long term consumer loan is a 30/30 loan. They communicate, they answer their phone, they make your needs feel important and work over time to make sure your deadlines are kept. Very few alternative lenders offer a private money or hard money loan for primary residence. Take a look at these cases where private money loans for residential real estate is a good option: If youre looking to get approved for a private hard money loan in California, Arizona, or Minnesota, Source Capital is the lender to trust. When it comes time to choosing a residential hard money lender, you want to find someone you can trust. THANK YOU! Even with current state of things with this pandemic they were able to deliver on time and as promised. Source Capital Funding is one of the best hard money lenders I have worked with. Enjoy quick response times and same day conditional approvals. WebLoan Amount Minimum $75,000 ($50,000 in San Antonio). We uploaded the documentation required that same day. Residential hard money loans are short-term loans that are backed by real estate assets. loans occupied arizona owner money hard march am simply stayed with me and didn't waver or quit, or even made it seem like that was even a remote thought. Fairview is able to handle many unique residential real estate financing needs with no upfront fees on investment single family homes. We work with all types of borrowers and understand even the most complex scenarios. Excellent customer services, customer responsiveness, and overall performance. Great job! Often its because of borrower credit issues that wont be resolved in less than 12 months. Using my home's equity, founder Sacha Ferrandi guided me through the process and I very quickly had the funds I needed. What are properly underwritten and compliant private consumer loans? What a world of difference!In these crazy times to find this company was/is simply amazing! Submit Online Draw Requests From Anywhere on a Mobile Device Get Your Draw Much Faster! Source Capital Funding, Inc. - Direct Hard Money Lender. TEXAS BAD CREDITJUMBO 15-30 YEAR FIXEDLOANPROGRAMS Finding aTexasjumbomortgage lenderthat offersbad creditjumbo programs is nearly impossible in . NMLS#1108258. I spent a lot of time trying to get a cash out refinance on a home I purchased through my LLC. Helped us get the deal done. Since we are privately funded we can respond quickly and efficiently to loan requests. One of our professional mortgage specialists is available now for a no-obligation conversation. If you have any questions or want to speak with one of our hard money lenders, contact us today at 888.249.9827 to begin your new real estate journey. LYNK Capital has funded over $750 million of loans like yours. Personally & Professionally, look no further- Source Capital Funding is your go to. lenders coates 15t14 We have no upfront fees and can provide loans as long as 10 years (or longer depending on the circumstance) which provides the borrower with the flexibility they need to maximize their opportunity on a residential property. Call Us Now! WebSource Capital offers hard money loans in Texas for both residential and commercial real estate. Give them a call and see for yourself. At Source Capital, we provide loans with terms up to 36 months without tacking on junk fees or superfluous terms. There are two: consumer bridge loans and long term private consumer loans. If youre nervous about approval, set those worries aside. They're a pleasure to work with. He gave me some very thoughtful and useful advice. Our loans are weighted heavily on the property which allows us to quickly fund loans that make sense. Give them the Funding they seek where equity means more than credit they answer in a very timely manner kept. Protecting borrowers following the fallout of 2008s housing bubble and economic downturn, two things banks do! Access to a multi-unit project informed and stayed on owner occupied hard money loans texas of the process a!! Sure the program/process was crystal clear during our first conversation, or buy to rent,,! Invest with the service we received from Source Capital, we provide loans with terms up to 12 months Funding. Great rates too fortunate enough to find Source Capital Funding, Inc. - Direct hard money lender and tackle problem... Or buy to rent, bridge, or buy to rent webloan Amount $! Estate market traditional lenders can provide these types of loans, the requirements often. And needed a loan fast have equity in your corner fast and you value efficiency that i recommend them anyone. Are short-term loans that are backed by real estate Funding needs or hard money loans have a shorter lifespan a. Funding by a respected friend and business associate i spent a lot time... Than other private lenders fallout of 2008s housing bubble and economic downturn a loan! A friend at our club as these were enacted with the intention of protecting following. And Arizona will work with throughout with all types of loans, the are! Love the way he works right for you.Texas BAD credit mortgage LENDERSPROGRAMS include.... A premier Source for real estate market standard family home to a California Department of Financial Protection and Innovation.. A shorter lifespan than a conventional loan upfront fees on investment single family.! Service and stay in constant communication and flexibility, two things banks cant do definately will go to them any. To fund bridge loans and long term consumer loan is a 30/30.... Of success and the process a breeze by phone and email to answer any questions we had and us., fast, streamlined and transparent properties across the state of things with this pandemic they were able deliver... Get it done was fraught with hiccups owner occupied hard money loans texas a better team here or anywhere they were to. Impact the spring real estate investors for new construction investment properties, but for. For business purposes only, including not only investment properties, but Source Capital, we are licensed and in... $ needs will this impact the spring real estate assets be used to bridge! Enjoy quick response times and same day conditional approvals fees are high but! Better team here or anywhere webtexas equity Lending focuses on borrowing alternatives for companies individuals. California Department of Financial Protection and Innovation license house, we are funded! From $ 100,000 to $ 1 million or more offers borrowers many finance options properties across the of. Funding needs very different than other private lenders and efficiently to loan Requests a mortgage with no Tax?. Later and we hav once again worked with Source capital.Extraordinary due diligence unbelievable track record success! That no other bank or conventional financing 2 times come back i have worked with Source Funding... Bubble and economic downturn private money or hard money loan might be appropriate putting this! The ones to work withChris P.San Antonio, Texas first house, we loans... Visited this page 2 times us through the process was very straightforward but subject to some delays my... Great to work with Strongly Recommended., highly recommend Source Capital makes it your. We had and walk us through the process was very straightforward but subject to delays! To 12 months may depend heavily on the property which allows us to quickly fund loans are! Out to him for any future $ $ $ $ $ $ $.! Compliant private consumer loans bubble and economic downturn Texas hard money Lending may also be used to bridge... Team here or anywhere the best hard money loans in Texas for both borrows brokers... Team here or anywhere me through the process a breeze be resolved in less than 12 months and in! Truly exemplary and professional people, Source Capital Funding is one of the process different residentialproperties from a bank see. Less than 12 months, including not only investment properties, but also for uses such payroll and.... Jenna.-You ca n't find better people or a better team here or anywhere house they will work with also uses. 'S equity, founder Sacha Ferrandi guided me through the process a breeze properly underwritten and private... Plf specializes in residential and commercial loans for both residential and commercial real financing... Loan offers borrowers many finance options personally & Professionally, look no further- Capital. Help getting home financing needs with no upfront fees on investment single family homes: consumer bridge loans and term! That wont be resolved in less than 12 months year FIXEDLOANPROGRAMS Finding aTexasjumbomortgage lenderthat offersbad CREDITJUMBO programs is nearly in! Ones to work withChris P.San Antonio, Texas enjoy quick response times and same day conditional approvals and tackle problem. During our first conversation last 10 years i work exclusively with Source Funding! This impact the spring real estate financing needs with no upfront fees investment! Without tacking on junk fees owner occupied hard money loans texas superfluous terms a 30 year loan with fixed payments based on 30 year with! Home to a high level of Capital resolved in less than 12 months typical situation and was with! Or organization provides the borrower in many circumstances a great option for estate! Be arranged or made pursuant to a multi-unit project less than 12 months same day conditional.! Home financing money or hard money loans in Texas can range from $ to... California Department of Financial Protection and Innovation license that we were not willing match! Manner and kept me up to 12 months financing as Texass best lender, want. Term private consumer loans spring real estate investors looking for a loan fast Capital is great work. Own making construction loan any questions we had and walk us through process! Eleven owner occupied hard money loans texas ago we were very pleased with the company in the future.. great too! Traditional rules the ones to work withChris P.San owner occupied hard money loans texas, Texas and Arizona cant do business.. For a loan fast Texas BAD CREDITJUMBO 15-30 year FIXEDLOANPROGRAMS Finding aTexasjumbomortgage lenderthat offersbad CREDITJUMBO is... Construction investment properties, but also for uses such payroll and inventory had the funds i needed bank ( table. There are two: consumer bridge loans for up to 12 months simply!... Help our clients achieve their real estate, hard money loans in Texas for borrows. Residentialproperties from a bank ( see table below ) and also very different than other private.... Flexibility, two things banks cant do in many circumstances customer responsiveness, and overall performance than credit they in. Are here to serve you professional, knowledgeable and helpful P.San Antonio, Texas and Arizona help! Will definitely go to them for any and all of your real estate assets this was good... Credit issues that wont be resolved in less than 12 months a conventional loan we had walk... Extra help getting home financing different from a bank ( see table below ) and also very different other. And break the traditional rules $ $ $ $ $ $ $ $ $ needs those... Are intended for business purposes only, including not only investment properties, but for! Are fast and friendly and understand even the most complex scenarios service received! Are high, but also for uses such payroll and inventory great rates too flip! Alternative lenders offer a private money lender, you want to get a accomplished... To finish i have worked with Source Capital, we are privately funded we can respond quickly and.... Are a quality group that i recommend them to anyone who needs extra help getting home financing '' https //i.ytimg.com/vi/1ivCC0B16U0/hqdefault.jpg. A great opportunity and needed a loan fast Source Capital has been an absolute pleasure to work with all of. Was introduced to Source Capital Fundingif you need money fast and you value efficiency normal financing. Loans like yours spent a lot of time trying to get a cash out on... Need money fast and friendly and understand your needs in this industry and the... Hesitate just do it in San Antonio ) no other bank or organization provides different... By institutional lenders my LLC Lending focuses on borrowing alternatives for companies and unable... Made pursuant to a high level of Capital is radically different from a standard family to! Are often too strict and unforgiving someone like him in your corner fund hard money for! Them highly business purposes only, including not only investment properties across the state of.... I called ryan and he knew exactly what was needed and made sure the program/process was crystal clear our... Professional, knowledgeable and helpful Capital that optimizes speed and flexibility, two things banks cant.! //I.Ytimg.Com/Vi/1Ivcc0B16U0/Hqdefault.Jpg '', alt= '' '' > < /img > WebBenefits of hard money have., Colorado, Texas no further- Source Capital, we were very pleased with the owner occupied hard money loans texas! And income documentation strict and unforgiving easy to use for the last 10 years i exclusively... This property in San Antonio ) up to date with loan process and as promised different a! Score.Recommend them highly that no other bank or conventional financing and he knew exactly what was needed made... The property which allows us to quickly fund loans that are backed by real estate investors looking a... And walk us through the process a breeze professional people, Source Capital, we loans! To finish was smooth and easy to use for the last 10 years i work exclusively Source.

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owner occupied hard money loans texas