Hard money loans in Texas
Renovating in an old neighborhood or building in a growing suburb: Texas deals get up to 90% of the price, 100% of the work and a 30-year rental loan on the way out.
- 90%
- of the purchase price
- 100%
- of construction
- 80%
- rental loan to value
TexasPrograms available in Texas
All four loans are available across Texas. In Travis, Harris and Bexar counties (Austin, Houston and San Antonio) fix and flip and bridge loans need three finished projects and 680+ credit, construction needs a completed build and 700+, leverage is about 5% lower with a 65% limit against value, and first flips are not available.
| Loan | What it does | Maximum |
|---|---|---|
| Fix and flip | Buy and renovate | 90% of price + 100% of rehab |
| Ground-up construction | Build new homes | 75% of land + 100% of construction |
| Bridge | Hold a finished property | 70% of value |
| DSCR rental | Keep a rental for 30 years | 80% of value |
Where we lend in Texas
Houston, Dallas, Fort Worth, San Antonio, Austin, El Paso and their suburbs, plus other cities across the state. Large tracts and rural land are outside these programs.
How Texas investors use these loans
Texas metros keep adding people, and that produces two kinds of deals: older homes to renovate in established neighborhoods, and new homes on infill lots and at the edge of growing suburbs. Fix and flip and construction loans fund both, with the whole rehab or construction budget paid in draws.
Plenty of investors keep what they build. Once a house is rented, a 30-year DSCR loan qualifies on the rent.
From first message to closing
- 1
Tell us about the deal
Your contact details and a line about the property. No application at this stage.
- 2
Hear where the deal stands
Which loan fits and how much it covers, before you spend money on an appraisal. If the numbers don’t work, we tell you that too.
- 3
Get written terms
A soft credit check that leaves your score alone, then a term sheet. After you accept it: appraisal, title, insurance and your company documents.
- 4
Close in your LLC
Funds go to escrow at closing. Rehab and construction money comes out in draws as each stage of work is finished.
Texas questions
Do you make hard money loans in Texas?
Yes. Fix and flip, construction and bridge loans are available across the state.
Do you offer DSCR loans in Texas?
Yes, from $75,000 to $2M, up to 80% of value, qualified on the rent.
Do I have to be based in Texas?
Not for rental loans. A flip or a build in a market where you have no track record asks for three finished projects and gives about 5% less leverage.
Do you finance new construction in Texas?
Yes, for builders with completed ground-up projects: 75% of the land plus 100% of construction.
Will asking for terms hurt my credit?
No. Terms are based on a soft pull, which does not change your score.
Does the loan have to be in an LLC?
Yes, an LLC or a corporation borrows. If you don’t have one yet, you can set it up before closing.
Have a deal in hand?
Leave your contact details and a line about the deal. We get back to you with which loan fits, how much it covers and written terms, before you pay for an appraisal.
- No hard credit pull to see terms
- No tax returns or W-2s
- Business-purpose loans on investment property