<TEXAS HARD MONEY AND REHAB LENDER - DALLAS,AUSTIN,SAN ANTONIO,HOUSTON, TEXAS

URBAN COYOTE FUNDING
CALL OR EMAIL 214 213 8967
866 489 5363 Toll Free
fax: 214 824 7179
Email(click on link)dallas@uslandfunds.com

 Texas Commercial Hard Money

HARD MONEY /PRIVATE LOANS FOR THE INVESTOR

FOR RESIDENTIAL REHABS AND COMMERCIAL PROPERTY (TEXAS METRO AREAS)

 


Texas rehab and hard money BASIC GUIDELINES AND FAQS

Texas Hard money guidelines (residential)

Rehab loans are short term solutions for property acquisition and repair. Typically investors sell the property or put into service as rental properties though a long term mortgage solution. see Texas Investment property loan overview.

LOAN GUIDELINES

(changing rapidly - email to confirm)

TEXAS HARD MONEY LOANS FOR :

CASHOUT – UP TO 60% LTV
PURCHASE – UP TO 70% ARV
  OR 70% OF PURCHASE PRICE
PURCHASE AND REHAB
CROSS COLLATERALIZE OTHER PROPERTY
SHORT SALES
EVEN LONGER TERM TO 25 YEARS POSSIBLE

Geographic Area: Texas (austin,dallas,san antonio,houston) and the surrounding suburbs.
Property Type:

Residential (non-owner occupied), Commercial, Industrial, Land.

owner occupied available with 35% down and 600+ credit.

Loan Size: $25,000 Minimum-No Lending Limit/Cap (may go lower , will not loan on property worth less than 90k ARV
Loan Term: 1 year - 3 years
Interest Rate: Interest Only-Varying depending upon LTV, Credit, Term, Etc.
Loan Origination Fee: 3-5 Points
Loan to Value:

Up to 70% on residential rehab.

(varies by property and location)

 

more guidelines

 


 
 

 
 
 
Applying and PreApproval for Texas hard money loans

1. Online Loan Submssion (click)

2. Borrower application for rehab & Hard money loan (1st step for preapproval)

3.applying for long term financing


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