Hard Money Lender for Texas Commercial Real Estate
Loan Types:
Investment Purchase
Rehab projects
Refinance
Cash Out
Property Types
Income-producing Real Estate only:
Multifamily, Office, Retail, Self-Storage Facilities, Industrial
(no raw land)
Loan Amount: $100,000 - $10 million
LTV: up to 70%
Rates: 11.99% - 13.99%
Fees: 4 - 6 points
Prepayment Penalty: None
Loan Term: 1 year (may be extended)
Fast funding, typically 10-12 days
Borrower must have good credit
Renovation and/or construction funds held in escrow
Austin
San Antonio
Dallas
Fort Worth
Houston
Corpus Christi
Other Texas areas will be considered
See other TX Private Money Loan Programs
Company: First Capital
Disclaimer: all information herein is believed to be correct, but we do not guarantee its accuracy and rely on prospects to rely only on their own investigations.
Multifamily 209 Units
College Station, TX
Cash-out refinance
McNeil Office Park
Austin, TX
Purchase and rehab of a small office park. The borrower completed major renovations and refinanced the loan.