Residential Hard Money Fees
Residential Hard Money - Rehabs, Cash-Outs and Purchase Hard money residential loan program is designed for investors who are buying distressed properties in need of repairs or need a quick cash-out on an investment property. We will fund up to 90% of the purchase price, repairs and closing costs! We also fund owner occupied properties. These loans can typically be closed within 7-10 business days.
| Property Types | All 1-4 unit properties considered |
| Loan Types: | Rehabs, Cash-Outs, Purchases, Refinances |
| Markets | Houston, Austin, San Antonio and Dallas/Fort Worth, Texas |
| Loan Amounts | $30K-$750K (Minimum $100K in Houston) |
| Term | 1 to 5 years |
| Amortization | TBD, Fully Amortized PITI & 20-year amortizations available |
| Rate | TBD, typically 12%-15% |
| Fees | 3-5% (can be rolled into loan if LTV allows) |
| LTV | Up to 70% on 'as is' or "as repaired" value if repairs are included |
| LTC | Up to 90% of purchase price & We will Fund 50% of the rehab |
| Recourse | Yes |
★1473 N. Lee Trevino El Paso TX ☎ (915) 920-7223
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