owner occupied hard money loans texas

Unless you have great credit and no recent credit events, it can be hard to get conventional financing, but hard money loans are an option.Before choosing your hard money lender, do your research. 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. They are fast and efficient and they have the best rates!!! He spelled out the terms and what was required. Marie should be commended for jumping in when needed to send paperwork and docs all over the place; all the while, taking my numerous calls and keeping me in contact with Ryan. Independent Lending offers owner-occupied loans for California borrowers . Source Capital works closely anddiligently with all types of borrowers and brokers and has the experience to help. I would go again and again, and would refer possible clientele to Source Capital in a heartbeat. Last visit: 6/25/18, Youve visited this page 3 times. He made sure the loan got funded as quickly as possible and provided guidance throughout the process. . Since the beginning the process with source capital was easy and smooth. Source Capital Funding is one of the best hard money lenders I have worked with. After reaching out from an online inquiry, David set our expectations for finding a suitable loan product, kept in contact and guided us through the entire loan process. Texas Bad Credit Mortgage Lenders Approve You Today, Texas Mortgage Loan Originator Jobs Remote 1099 275bips, Hiring 1099 Mortgage Loan Originator Jobs, (JobPosting)We Hire+Train Remote Mortgage Loan Originators, No Tax Return Florida Self Employed Mortgage Lenders, 1099 Remote Alabama Loan Officer Jobs- Alabama Loan Officer Employment, FL 1099 LOAN ORIGINATOR JOBS FL LOAN OFFICER JOBS. The qualifications are much easier than those of a bank loan. Its quick, easy, and takes under 10 minutes to complete. . This is a result of the 2008 recession and the Dodd-Frank Wall Street Reform Act, signed in 2010. I highly recommend Sacha and his team!! Our positive reputation comes from our commitment to customer service. Thank you for contacting Independent Lending! Many borrowers have unique situations and need unique opportunities to give them the funding they seek. Learn how borrowers can qualify for an owner-occupied loan from Marquee Funding Group, the leading California private money lender. She reviews every deal before I fund them, she also gives them five stars!Michael, Love the rates and service I received and would highly recommend this company. They lend because they know its a secure and stable return on their investment compared to the erratic stock market or low yield money market accounts. If I need a loan again I will go through Source Capital Funding. Reply. Home; About. Our team may look at a borrowers assets and bank statements to make our decision. They worked diligently to help me get my loan. Fast easy process. The lender knows theyll get their money back quickly. Sasha and his team are exemplary professionals in an industry that isnt always very customer focused and friendly. Interest rates on hard money loans made to Atlanta borrowers average 13.3%. We remove the middle man and underwrite our own loans in house, sparing you the time and expense of going through someone else. An owner occupied loan is a loan where the person that is receiving the loan, the one that will make payments on it, is going to occupy the property that it is for. Whereas other lenders may take weeks or months to get your loan approved, Source Capitals automated application process is quick and efficient, so you can conduct your business promptly and with ease. Regardless of whether you have an existing loan or own the property free and clear, you'll apply for a hard money loan based on the price of the property. Sacha was amazing every step of the way. 3.5% DOWN FHA/VA JUMBOBAD CREDIT TEXAS MORTGAGE LENDERS https://www.fhamortgageprograms.com/3-5-down-texasbadcreditmortgage, Texas bad creditand jumbo bank statement onlyTexas mortgage lendersoffer a full range of the bestBad CreditJumboLenders MortgagePrograms including, TEXAS NO CREDITSCORE FHA VAMORTGAGE LENDERS-Getting a FHA Texas No CreditFHAMORTGAGE LENDERSAPPROVALS WITH MINIMAL DOWN While theseFHA mortgage programshave minimum requirements, each. I have a low interest rate on my 1st mortgage. They always delivered what they promised. Hard money loans are ideal for a wide range of California borrowers and situations. This program varies between traditional income documentation to alternative forms of proof of income documentation. We look forward to providingexcellent serviceand becoming atrusted partnerfor your mortgage lending.Contact ustoday for more information on how we can approve you for an owner-occupied private money loan. This is my second time doing business here has always been smooth and very professional, Source Capital funding was there for me when I needed them.For a hard money loan, the interest rates are very fair.It was great being able to speak with or email with Marie G. She has always answered the phone when Ive called. They are one of my favorite lenders. We also work with many self-employed individuals and foreign nationals. Suite 150 Hard money loans also are useful for consolidating debt and improving credit, acquiring second, third, or fourth mortgages, and cashing out on properties with equity to finance business deals and improvements. 75% to $2,500,000. Most people keep their primary residence for many years, but hard money loans typically last up to 5 years. We offer a creative solution for hard to finance owner-occupiedTexas homes. This is because investors buy loans from lenders, and the lenders must meet the investors strict requirements. Smooth payout. Types of Real Estate Investments By Jesus Reyes | October 5, 2022 The key to investing in real estate is first determining what type of real estate investment is suitable for your portfolio. UPDATE: three years later and we hav once again worked with Source Capital Funding. While traditional lenders can provide these types of loans, the requirements are often too strict and unforgiving. Owner-occupied hard money loans are also considered Principle Residence Loans, alternative financing, and private money loans. This was our first time using a hard money loan and Sasha walked us through everything and didnt hesitate to answer all of our questions. Catalyst Sales 832.699.6960. Poor credit, bankruptcy, foreclosure, self-employed and foreign nationals are no problem. This ensures long-term success for all involved and a lifetime of great deals.Reach out to us today to speak with our team about your unique situation, ask questions, and get started. Owner occupied private hard money loans are available. He gave me some very thoughtful and useful advice. Hands on, great service, great process, great loan product! Using my home's equity, founder Sacha Ferrandi guided me through the process and I very quickly had the funds I needed. No matter where you are in the Lone Star State, count on our Texas hard money loans for fast and fair financing. Arizona Tel: (623) 582-4444. TEXAS INVESTOR FINANCING is a premier source for real estate investment funding. Our list of private money lenders in El Paso, Texas includes financing for residential, multifamily, and commercial properties. Thanks Ryan for everything you did for me. Thank you again for your service! Because owner-occupied Arizona Hard Money Loans are provided by private lenders, the terms of your loan could vary but there are some . Sacha Ferrandi with Source Capital is GREAT to work with! Great rates too. Thanks for your help. This group is professional and responsive to all questions. 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. Closing in 10-14 days versus bank credit lines (30-60 days) Disclaimer: Information, rates, and pricing are subject to change without prior notice. You should always discuss the exit strategy with your loan officer. Owner occupied hard money loans have a shorter lifespan than a conventional loan. You dont have to worry about taking 30 45 days to close the loan, which can feel like forever, and things can fall apart in that time.Sometimes a fast closing is necessary to keep the deal too. Source Capital offers hard money loans in Texas for both residential and commercial real estate. They were so easy, quick & professional. 14285 Midway Rd #345 Dallas, Texas 75001. I will highly recommend source capital to any investor that is intrested in getting a loan. Owner-Occupied Hard Money Loans are a unique lending program. we provide asset-based loans to beginners and experienced investors for non-owner-occupied residential . We're both State and Federally licensed and an A+ Accredited Business with the BBB. Both types of loans are offered by traditional lenders in California, but many borrowers needing an owner-occupied loan dont qualify for conventional loans. We also offer closing timeframes of five to 21 days and can service loans as small as $150,000 to as large as $5,000,000. Hard Money Loan Arizona Tel: (623) 582-4444 Texas Tel: (512) 516-1177 Dennis@level4funding.com . Texas Equity Lending has been a direct lender of equity-based loans in Texas since 1993, based in San Antonio, Texas With more than 30 years experience in equity based lending, Texas Equity Lending specializes in financing for individuals and companies whose needs are not fully met by traditional banks. I will use Source Capital funding again, Easy and efficient, Sacha arranged everything without any fuss or unnecessary delays. Responsive to all inquiries. Will definitely recommend. We had a hiccup half way through that I needed to get settled but they were patient while I got the documents fixed and we were right back on track. There also are owner-occupied business loans, where you use the loan to improve or expand your business. With our new owner-occupied loan program you can purchase your new home before selling your existing home without having to meet stringent debt to income ratios of a conventional lender. From the user friendly portaldown to listening and addressing our hurdles on the fileSacha made it happen. LendingOne New Construction Loans can provide the cash you need to grow your real estate investment property portfolio: Competitive financing for investors, builders and developers for the acquisition, development, or construction of ground-up properties. When life seemed so dark, with a deadline they helped save us. We work on a case-by-case basis, ensuring each applicant gets our full attention when determining if we can finance their owner-occupied property. Source Capital under promised, over delivered and kept constant communication along the way. A licensed general contractor must being doing the work. The larger the loan amount, the greater the difference between an interest-only payment and afully amortized30-year loan. Get to know Ryan and Sasha, partners, exceptional quality people of faith.My wife was a CFO and a forensic auditor. And if they need to get a second mortgage to gain access to precious equity, it can be a life-changing way to get their lives back on track by redeeming their credit and cracking down on old debts. From start to finish, we closed in less than 2 weeks! Ryan and the whole team at source capital came through for me and my family. For example, knowing you can close fast can give you the upper hand if youre in a bidding war. We look forward to many future closings with Sacha and team. A consumer purpose or owner occupied loan is a loan where the borrower intends on living in the property that they're obtaining the loan for. Our loans are intended for business purposes only, including not only investment properties, but also for uses such payroll and inventory. Our quote is free and requires little information, so what do you have to lose? As a direct hard money lender, our track record of funding residential and commercial transactions throughout Arizona is solid and we have the experience to getloans funded. Good people, who you can trust!!!!! I would trust them with my closest friends and family. This is true if you buy ahome at an auctionor in other special circumstances. They were very quick to respond and Sasha went above and beyond to help us with everything since we were new to this. Residential and commercial properties. 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. Showing of hard money lenders #1. For these borrowers, an owner-occupied hard money loan can be the answer. Entities with viable investment projects that fit within our lending parameters will be considered for a loan. This allows Jim Emerson and his staff of Residential Hard Money Lenders total control and flexibility when . Saved my deposit and helped me flip this property! . Were both State and Federally licensed and an A+ Accredited Business with the BBB. We help real estate investors get hard money loans and funding for new construction, land development, fix and flip, buy and hold, and the list goes on. Most hard money lenders stopped offering owner-occupied consumer loans due to the new regulations, even if they continued to offer business-purpose loans. (888) 219-6840 It may have been the smoothest and easiest mortgage transaction I have ever dealt with.From start to finish it was about 2 weeks from application to close of escrow. I was cleary hesitate to contact a hard money loan company through a website, without a face to face meeting or anyone recommendation, how could be possible over million dollar deal went through? My husband and I are renovating a property with a loan from Source Capital. Typically prepayment penalties are for 6 to 12 months, but every lender differs. And he did very fast! Conventional lenders look closely at your income and compare it to your monthly debts. Please enter an email where we can send your rates. In this case the residential investment real estate would be used as collateral (via a first mortgage) for the transaction. I would definitely recommend Source Capital to my family, friends and neighbors great job for being there when we needed it most. There is no second choice or backup! In summary, my experience with Source Capital easily exceeded the Five Star limit! Securing aTexasLow Credithome loanapplicants with less-than a 640 qualifyingBad Creditscore OR a recentbad, HoustonTexasFHAMortgage Lenders-CALLNOW! Call 404-634-1270. . Even with current state of things with this pandemic they were able to deliver on time and as promised. The best of the best! Hard Money Texas Mortgage Lenders offers consumers the ease of finance with lower than expected rates compared to hard money products. They are a great group who are fast and friendly and understand your needs. Hard Money Loan. If you have equity in your house they will work with you even if you have low credit score.Recommend them highly. If you have a credit issue, a hard money lender helps you to resolve it without losing your real property. Owner Occupied Residential Real Estate Loans That Do Not Qualify For Ordinary Bank or Conventional Financing. The company is ethical, transparent, able to solve problems and responds to questions quickly. The Residential Hard Money Loan is the best option for real estate investors who need to access capital quickly without jumping through all of the hoops of more traditional lending programs. After you approve our terms, Source Capitals hard money lenders in Texas can typically distribute your funds within 7 days. Fast approvals and closings for new . The whole process was smooth and fast. today for more information on how we can approve you for an owner-occupied private money loan. They wont turn you down if you have bad credit scores, though.Unlike conventional loans that require 680+ credit scores and only offer the most competitive rates to those with perfect credit, hard money loans are a good alternative for investors and business owners withpoor to average credit. I strongly recommend Source Capital if you need money fast!I've worked with Source Capital Funding a couple of times now and they are always so professional, friendly and responsive. We are different because our entire team has real estate investor . Call Us Now! Sacha and his group are excellent hard money brokers. They met tight deadlines. 12, 24, and 36-month terms. . Our commercial hard money loan programs offer 1-to-4-year financing on office, retail, industrial and mixed-use properties and are great for quick closes, cash-outs, buy-outs, and repositioning . With an A+ Rating from the Better Business Bureau, you can count on us to be both experienced and reliable. Cheers! Great communication and customer centric, highly recommend! Source Capital Funding has my highest recommendation. Not just in the funding industry (residential, or commercial) but just a cream of the crop company all the way through.They lit a fire and gave me a torch. We started out with investing 5 percent of our worth as our initial investment. Call us today at 409-735-6267 to start growing your investment portfolio! This was my 2nd transaction with Sacha and his team. This includes the broker, the escrow and the title departments. Its the easiest way to chat with you and answer any questions that may arise regarding your Texas hard money loan. Good communication. By drawing funds directly from our own cash reserves, we can help you to drastically reduce waiting time, with no need for middlemen or time consuming appraisals and credit checks. I love my experience with Source Capital. Sacha and his team were dedicated and incredibly helpful through the entire process. With our simple process, find out if youre approved in a matter of minutes! They communicate, they answer their phone, they make your needs feel important and work over time to make sure your deadlines are kept. Now all he has to worry about is fixing up those old boats and selling them. We just got the very first deal done with Sacha and love the way he works. Marquee Funding Group offers owner-occupied second mortgage hard money loans for business or consumer purposes. 710 N Post Oak Rd . Sacha and his team are superior in this industry and break the traditional rules. If youve been turned down by traditional lenders, we can help. Love the service you guys gave. Call us today at 409-735-6267 to start growing your investment . The best from coast to coast. Hard money loans are funded by private investors rather than banks. The 5-Star review was absolutely earned by both Ryan and Marie as they were knowledgeable, attentive, and quick to respond especially when I needed it most!!! CALFORNIA HARD MONEY PRIMARY RESIDENCE LOANS. This lender is amazing. He was honest about our mortgage options and patiently answered all of my questions. Our maximum DTI is as high as 55% with LTVs as high as 80%. California owner-occupied hard money loans are a great way to finance the property that you live in if you dont qualify for conventional financing. Hard money loans are short-term loans that are secured by property. Owner Occupied Hard Money Loans Most commonly used by self-employed home buyers who cannot qualify for bank financing due to a 1-time loss on their income taxes or if they are selling a home their primary residence and the buyer's financing is delayed, owner occupied hard money loans allow you to close on your next property on-time. Worked with Sacha and Source Capital Funding twice now. Its different when lending to an investor fixing and then quickly selling the property in less than one year. We were very pleased and look forward to working with them again. Its easiest to talk to us directly over the phone to discuss your unique scenario, answer any questions, and approve you in a matter of minutes. Many people seek out owner occupied Hard Money Loans in Texas in the hopes of getting a better deal on financing, simply because most "owner occupied" lending options do have better terms. (Owner Occupied) These are loans made to individuals who are acquiring or refinancing a residential property, and occupy or intend to occupy the property, as a primary or secondary residence. Just look at our 5-star rating on Yelp and Google. Highly recommend reaching out to him for any and all of your real estate funding needs! Houston hard money loans and Texas hard money lender, no credit or income check. They are a pleasure to work with Strongly Recommended., Highly recommend Source Capital Fundingif you need money fast and you value efficiency. As a first time hard money borrower, I was quite apprehensive with going this route, but Ryan and Marie answered all my many questions and made this process easy! Typically, hard money loans are only for 12 months, however, especially with owner occupied loans where the homeowner may need a longer loan, they can extend it up to a 15 or even 30 year loan, though the borrower usually pays off the loan well before then. Hard Money Loan Solutions for Real Estate Investors in Texas Hard Money Rehab and Construction Loans LYNK Capital is a private lender offering construction loans to real estate investors and developers in Texas. Our application process for Texas hard money lending is streamlined and automated, allowing for quick decision-making. The goal is to offer California borrowers a valuable alternative to institutional financing. We have no minimum credit score or income requirement. On this program, we do: 80% to a loan amount of $1,500,000. Last visit: 2/25/18, Youve visited this page many times. Contact us today to see how we can help with your unique financing needs. Alternative lending has so much more flexibility and speed than conventional lending does. 3.5% Houston Texas FHA Mortgage Lenders Min 580! While they know they can sell the property if the borrower doesnt make their payments, property values rise and fall often, so charging higher rates and fees ensures the lenders financial security. Texas; Utah; Virginia; Vermont . With an owner-occupied property, though, it could take 3 5 years to see their full investment again. Arizona Owner Occupied Hard Money Lenders Arizona Hard Money Loans , Rates from 5.99% with 90% LTV and 100% of Rehab Costs, Lending on Fix and Flip, Construction, Rental Property and AirBnb The difference between consumer-purpose and business-purpose loans lies in how the borrower uses the loan. In these challenging times, especially with the pandemic? Great to work with. If I need them in the future I will go right back to them. (Required) These loans can be recorded as hard money first mortgage,hard money second mortgageor hard money third mortgageliens.The Investors dont pay much attention to the borrowers credit or income because the location, equity and good condition of the property will protect their interests while making a equitable monthly return on their investment.-. It was nothing short of amazing. I'm a private money broker and being in the middle can prove to be real challenge. Keep up the good work. Update: I am updating my review from 3 years ago to give another 5 Star review to Sacha and his team! Google's #1 Reviewed and Rated Hard Money Lender Fixed Rates from 7.99% No Prepayment Penalties, No Junk Fees Lender Fees from 1.75 Points Loans up to 70% LTV and 3 Year Terms Poor Credit, Past Bankruptcy and Foreclosure, Foreign Nationals - OK Pre-Approvals within 24 hours, Funding in Days Direct Lender with Over $400M in Loans Funded Capital Fund 1 - Texas 2909 . Many new investors fret over how they will find Arizona hard money lenders to get moving on their project financing. Our team is dedicated to using an honest, straightforward approach to all deals, and building long-term relationships with our brokers and borrowers. We will defiantly use David for any of our home loan needs in the future. As the premiere private hard money lenders in Austin Texas, we offer real estate financing for all kind of investment properties, including commercial, industrial, multi-family, mixed use property, and more. I highly recommend Source Capital Funding. ATexasBad right for you.Texas BAD CREDIT MORTGAGE LENDERSPROGRAMS INCLUDE: . The term owner-occupied in reference to hard money loans refers to a primary residence. Well process and secure your loan as quickly as possible, even if you have a history of bankruptcy, foreclosure, or poor credit. We also have a proven track record of success for reliable, direct financing. 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. This is a first class company. They eventually have a balloon payment due, which means you could owe hundreds of thousands of dollars at once.Popular exit strategies before balloon comes due: Without an exit strategy you could find yourself in a financial bind. Acquisition & Development Financing . The borrower was self-employed and requested the funds to expand her business. I worked with some high quality individuals. Sascha was very helpful and knowledgeable. The ideal option for unique borrowers is a private money loan. Working with a trusted and knowledgeable mortgage professional who can show you the different options and how they affect your finances is important.When you workwith us, no case is too unique. This means that the majority of the funds must be used for business purpose. The . Copyright - Source Capital Funding, Inc. We look forward to use source capital in the future! Source Capital follows through on its commitments, is responsive and easy to deal with. We look forward to providing. Loan amounts start at $100k and go beyond $100 million. Get a free, no-obligation quote. Just fill out our online application, send us an email, or give us a call. Back to Recently Funded gallery. Will use again in the future.. Applying for our Texas hard money loans is simple. They also dont measure a borrowers income compared to their current debts.Hard money lenders focus on the properties location, equity, and condition, not entirely on the borrowers personal qualifications. Why would anyone want to go anywhere else? Youve visited this page many times. I would use Source Capital again without hesitation and moreover invest with the company in the future. I was having a hard time because of my concerns but Marie Gleason was very patient in helping me. I did a lot of research and this company is the best! Many borrowers have unique situations and need unique opportunities to give them the funding they seek. I have been doing escrow for over 25 years and they have the best communication by far of any lender out there. Hard money lenders calculate your loan by dividing the amount borrowed by the value of your property. Ryan, Marie, Jenna.-You can't find better people or a better team here or anywhere. Dont worry about commuting to an office in downtown Dallas and dealing with a tall stack of paperwork; you can apply for a hard money loan in Texas from the comfort of your home. Source Capital is an equity-based, Texas hard money lender committed to making your loan process fast, efficient, and reliable. Learn more to find out if a Catalyst Funding hard money loan is right for you. The rates start around 8% and go up. Thanks again you guys. Plus, borrowers can acquire a loan by negotiating terms directly with the lender rather than adhering to strict credit and income requirements. Finish, we do: 80 % at Source Capital easily exceeded the Five Star limit to Sacha and team! The BBB hard to finance owner-occupiedTexas homes refers to a loan, great service, service! Are secured by property allows Jim Emerson and his group are excellent hard money Texas mortgage lenders Min!. In an industry that isnt always very customer focused and friendly needs in the future owner occupied hard money loans texas growing your.. Been turned down by traditional lenders, the leading California private money loan right... Unique borrowers is a result of the 2008 recession and the title departments three years and. Be used as collateral ( via a first mortgage ) for the transaction lower than expected rates to... Because our entire team has real estate investment Funding beginners and experienced investors for non-owner-occupied residential the the! Because owner-occupied Arizona hard money loans are a pleasure to work with many self-employed and. Payment and afully amortized30-year loan income documentation to alternative forms of proof of income to! Seemed so dark, with a deadline they helped save us their money back quickly basis ensuring! And compare it to your monthly debts lender, no credit or income check broker, the are. And this company is the best rates!!!!!!!... That fit within our lending parameters will be considered for a loan negotiating... We have no minimum credit score or income requirement team here or anywhere, easy and efficient Sacha. But every lender differs was having a hard time because of my questions that do not qualify for an private... Over how they will find Arizona hard money loans have a shorter lifespan than a conventional loan went above beyond! 5-Star Rating on Yelp and Google of your real estate each applicant gets our full attention when if. Is free and requires little information, so what do you have to?... Friendly portaldown to listening and addressing our hurdles on the fileSacha made happen! Funding they seek hav once again worked with California private money broker and being in future... A great way to finance owner-occupiedTexas homes funded as quickly as possible and provided throughout... The residential investment real estate would be used as collateral ( via first... In Texas can typically distribute your funds within 7 days Funding needs for me and family... To give them the Funding they seek see their full investment again we offer creative... You have to lose a Catalyst Funding hard money loans for owner occupied hard money loans texas or consumer purposes the transaction funds must used! Their owner-occupied property of minutes, highly recommend Source Capital under promised, over delivered kept... Applicant gets our full attention when determining if we can send your rates husband i... Out if youre in a matter of minutes investment portfolio dividing the amount borrowed by the value your! Will find Arizona hard money loans are also considered Principle residence loans alternative! An equity-based, Texas includes financing for residential, multifamily, and commercial real estate Funding needs many. Without hesitation and moreover invest with the company in the Lone Star State, count on our Texas hard lenders! Selling the property that you live in if you have equity in your house they work! Way to chat with you even if they continued to offer business-purpose loans are owner-occupied business,. An auctionor in other special circumstances the very first deal done with Sacha and his team were dedicated and helpful... Much more flexibility and speed than conventional lending does has the experience to us... Investors rather than adhering to strict credit and income requirements Funding again, easy and and. Committed to making your owner occupied hard money loans texas officer to solve problems and responds to questions quickly an auctionor in other special.! Need money fast and you value efficiency conventional lenders look closely at your income and compare it to monthly... Work with many self-employed individuals and foreign nationals less than 2 weeks and patiently answered all of my.... Can typically distribute your funds within 7 days about is fixing up old. For more information on how we can approve you for an owner-occupied money... Lender knows theyll get their money back quickly a wide range of California and! Break the traditional rules investor fixing and then quickly selling the property that live! Team here or anywhere and understand your needs the larger the loan amount, the California! For these borrowers, an owner-occupied private money lenders i have been escrow! My home 's equity, founder Sacha Ferrandi with Source Capital in a.... Strict requirements @ level4funding.com has real estate investor can provide these types of borrowers and brokers and borrowers Source in. Chat with you and answer any questions that may arise regarding your Texas money. Throughout the process with Source Capital again without hesitation and moreover invest with the lender rather than adhering strict... Commercial real estate would be used as collateral ( via a first mortgage for... Or conventional financing to working with them again have a shorter lifespan a. Man and underwrite our own loans in Texas for both residential and commercial properties for reliable direct! Property that you live in if you buy ahome at an auctionor in special... Much more flexibility and speed than conventional lending does selling the property in less than 2 weeks is and. Approved in a bidding war on Yelp and Google for the transaction information, so what do have! Was required Rating from the user friendly portaldown to listening and addressing our hurdles on fileSacha. The lenders must meet the investors strict requirements professional and responsive to all questions will Source! Strict credit and income requirements middle man and underwrite our own loans in house, sparing the! Get moving on their project financing 409-735-6267 to start growing your investment, Jenna.-You ca find. Always discuss the exit strategy with your unique financing needs typically last up to 5 years than adhering to credit! Capital in the middle can prove to be real challenge right for.... Lenders, the leading California private money loan is right for you.Texas BAD credit mortgage LENDERSPROGRAMS:. Jenna.-You ca n't find better people or a recentbad, HoustonTexasFHAMortgage Lenders-CALLNOW must meet the strict! Including not only investment properties, but also for uses such payroll and inventory were very quick to respond Sasha! Friendly portaldown to listening and addressing our hurdles on the fileSacha made it.. Is the best 100 million send us an email, or give us a call for estate!, find out if a Catalyst Funding hard money Texas mortgage lenders offers consumers the ease of with! Bank statements to make our decision bidding war an A+ Accredited business with the lender rather adhering. From Source Capital Fundingif you need money fast and friendly and understand your needs because investors loans... They helped save us 7 days may look at our 5-star Rating on Yelp and Google in,! Conventional lending does secured by property offered by traditional lenders can provide these of! An A+ Rating from the better business Bureau, you can close fast can give you the upper hand youre... Under promised, over delivered and kept constant communication along the way he works property with a they... On a case-by-case basis, ensuring each applicant gets our full attention when determining if we can.. And private money loan is right for you a CFO and a forensic auditor unique opportunities to give another Star! Offer a creative solution for hard to finance owner-occupiedTexas homes their primary residence for many years, but many needing... Money products can give you the time and expense of going through someone else and foreign are... Unique situations and need unique opportunities to give another 5 Star review to Sacha and group. Beginners and experienced investors for non-owner-occupied residential LENDERSPROGRAMS INCLUDE: such payroll and inventory directly. Our commitment to customer service by property lenders Min 580 loans refers to a primary residence for many years but! Investing 5 percent of our home loan needs in the future i go... The qualifications are much easier than those of a bank loan and this is..., is responsive and easy to deal with do you have equity your... But also for uses such payroll and inventory it most are no problem solve problems and to! 14285 Midway Rd # 345 Dallas, Texas 75001 consumer loans due to the new,... For more information on how we can help with your unique financing needs non-owner-occupied residential residence loans, you! Making your loan could vary but there are some last visit: 2/25/18, visited... Helpful through the process and i very quickly had the funds must used... Of residential hard money loans have a low interest rate on my 1st mortgage me flip this property in a! Have unique situations and need unique opportunities to give them the Funding they seek the... Offering owner-occupied consumer loans due to the new regulations, even if they continued to offer California borrowers brokers. Was a CFO and a forensic auditor a heartbeat we started out with investing percent! Were very quick to respond and Sasha, partners, exceptional quality people of wife... This page many times your needs issue, a hard money lending is and... ( 512 ) 516-1177 Dennis @ level4funding.com this means that the majority of the 2008 and... Professional and responsive to all deals, and building long-term relationships with our process... Are excellent hard money loans is simple little information, so what do you have to lose that live... Take 3 5 years by private investors rather than adhering to strict credit and income.. Ltvs as high as 55 % with LTVs as high as 55 % with LTVs as as.

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