I would totally recommend Source Capital to anyone with looking for a hard money loan. Lantzman Lending is a hard money lender and did a loan for the client for $480,000 on a purchase price of $599,000. (Required) Ryan Burns is one of the most honest, trustworthy men I have had the privlege of working with. After Dodd-Frank was signed, banks had to work hard to prove that borrowers understood loan risks, and they had to verify a borrowers credit history, income, and job status. Our loans, often called hard money loans, can be used for the purchase or refinance of non-owner occupied residential & commercial properties, financing of renovation project, and bridge funding. Thanks! 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. Houston hard money loans and Texas hard money lender, no credit or income check. Funded quickly. 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. Although every hard money lender in Texas offers its own terms, the lenders typically offer hard money business-purpose loans (from $75,000 to $5,000,000), at LTVs up to 75%, for non-owner occupied single-family residential properties. Submit A Scenario I'm very thankful to Source Capital Funding for helping me with the loan. Marie Gleason was really helpful.Highly recommended. From the capital of Phoenix to all surrounding areas Scottsdale, Mesa and Surprise, we know the Arizona real estate market and can help. Sacha committed to doing it. The equity protects them in case of default and foreclosure if payments are not being made, just like any other mortgage. Highly recommend. My agent Sasha was great. Great communication and customer centric, highly recommend! If I ran into any issues along the way, Ryan worked with me to find a solution every time, and he was also open to my suggestions as well. I had a great experience with Source Capital. Hard Money Loans. Fill out our free online loan application. I would highly recommend Source Capital Funding. They kept me very well informed and stayed on top of the process from start to finish. 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. Because of this, they wont allow highloan-to-valueratios. Take a look at our customer satisfaction and see why Source Capital goes above and beyond the industry standard of hard money lending. Source Capital is by far the best non-prime lender around (and I used to be a mortgage broker). Get a free, no-obligation quote. 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. From the 73301 to the 88595 zip codes, our direct, immediate access to capital can provide you with fast funding for up to 70% of the property value. Were proud of our hard-earned reputation for excellence, and happy to boast an A+ score with the Better Business Bureau in addition to a 5-Star rating on both Google and Yelp. Most hard money loans in Texas are offered for less than a year, but some hard money lenders also provide loans on a longer-term basis. Typically, if they look at the credit report, its done so for seeing the big picture of the borrowers credit history, however they dont hold a low credit score against them. Residential Hard money closes quickly (in as few as 3 or 4 days depending on the circumstances). Business owners can have more freedom to expand and make processes more clean and efficient. Most investors can secure a conventional loanby putting as little as 15% down on the home.California hard money purchase loans require a much higher down payment because they focus on the equity and not on borrower qualifications. We offer hard money loans in Texas, which are secured by real estate equity and can be used for a number of projects lasting between one and three years. We underwrite our loans in-house, cutting time and cost. Sacha was really great: straight to the point, easy to work with and highly reliable. I will highly recommend source capital to any investor that is intrested in getting a loan. Most pull your credit just to see your credit history to ensure youre an overall good risk. I highly recommend Sacha and his team!! Capital Fund 1 - Texas 2909 . Conventional lenders look closely at your income and compare it to your monthly debts. 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. Once we were in processing Marie took charge of all the paperwork, very on top of things and also was an absolute pleasure to work with.If you need a non-prime loan, look no further. 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. More than half of our business consists of non-owner-occupied single-family homes. 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. With an A+ Rating from the Better Business Bureau, you can count on us to be both experienced and reliable. Can I get a primary residence 2nd or 3rd mortgage? . Thank you for the great customer service. The Founder of Source Capital grew up in Americas finest city San Diegoandhas helped hundreds of borrowers, real estate professionals and mortgage brokers to secure the financing they need toachievetheir financial goals with our San Diego and Los Angeles hard money loans. She is definitely the glue in the Source Capital office. Love the service you guys gave. Instead, they require you to put down a large amount when purchasing or have a lot of equity when refinancing.Most private money lenders require 30% 40% equity in the home. Absolute pleasure to work with and I received my loan in what was a flawless and easy transaction. From the user friendly portaldown to listening and addressing our hurdles on the fileSacha made it happen. Sacha and his group are excellent hard money brokers. Since 2010, weve proudly been an A+ Accredited Business with the Better Business Bureau. Until the mandatory waiting time for your bad credit elapses, owner-occupied hard money . Owner-Occupied Hard Money Loans are a unique lending program. Arizona Tel: (623) 582-4444. All information subject to change without notice. In summary, my experience with Source Capital easily exceeded the Five Star limit! Thanks! A licensed general contractor must being doing the work. We picked source capital because of the reviews and we werent disappointed. 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. 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!!! Great job! This was my 2nd transaction with Sacha and his team. 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. Source Capital was there to provide both the letter of Intent and actual financing which unabled me to close on my investment property with no hassle. Also called bridge loans or no-doc loans, hard money loans are a great option for real estate investors looking for a loan quickly. Showing of hard money lenders #1. Source Capital Funding has my highest recommendation. Protecting your privacy is a priority for us. Contact us today to see how we can help with your unique financing needs. Sacha and his team were very professional and helpful. I would highly recommend them to anyone seeking financing. Owner Occupied Residential Private Money Loans Private Money Loans & Hard Money Loans As Low As 7%, Up To 80% LTV, $100k to $35 Million, EZ Qualify! Source Capital is an equity-based, Texas hard money lender committed to making your loan process fast, efficient, and reliable. We are Texas licensed private hard money lenders with more than 30 years experience providing private hard money loans with an established record of success. Dennis Dahlberg Broker/RI 623-582 . Theyre thebest., The team at Source are consummate professionals who work efficiently and effectively. Get Funded Today (888) 401-3521 - Hard Money Lenders Texas, Hard Money Loans and Fix and Flip Loans in Texas. Very fast and smooth process. I am very thankful that I found David online. Borrowers enjoy many benefits with a hard money loan on their primary residence that they cant get with conventional financing. I was almost ready to give up till I went online and looked for some hope out there for me. Especially M Gleason. Sasha almost always answered the phone personally. We help investors that are purchasing non-owner occupied single family homes gain funds quickly and with little or no money down. https://www.fhamortgageprograms.com/badcredithome-loans/. I highly recommend using them! Try a hard money loan instead. AMI Lenders Inc. As a new business owner or homeowner, interest-only payments can be a big help. I was in a bind having to redo a terrible loan and had problems from the past. We were successful and this borrower qualified for a 30 year loan from a private lender. Where do I begin? Conventional financing is for 30 years on average, but hard money loans are usually for 6 to 60 months. Thank you for contacting Independent Lending! Can you get a Hard Money Loan for Owner Occupied h . Find Best Private & Hard Money Lenders in Houston Texas. This is known as the Loan-to-Value ratio (LTV). This can be a hard goal to reach if your purchasing an investment property and dont already have the cash available. Explore fix and flip, new construction, hard money loans, and more in MD at Asset Based Lending. We also work with many self-employed individuals and foreign nationals. 70% to $3,000,000. He was honest about our mortgage options and patiently answered all of my questions. This is a big difference, especially if youre performing abridge loan for a new home purchase. Source Capital clients know they can come to us for the fairest terms and the fastest funding thanks to our immediate, direct access to capital. There is no second choice or backup! Highly recommended. Because owner-occupied Arizona Hard Money Loans are provided by private lenders, the terms of your loan could vary but there are some . Sometimes speed in real estate transactions matters more than money. We help borrowers when others cant. Owner-occupied hard money loans are perfect for short-term use, 3 - 5 years. . 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. The founder, Sacha Ferrandi, and his excellent staff were most helpful and were always available to explain the process and answer all of my questions. 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 appreciate all the work involved in putting together this loan. You dont need a 680+ credit score or anything close to it. Interest-only payments make your monthly payments more affordable when buying a house or cashing out with a refinance. Sacha is very professional and great to work with! Applying for our Texas hard money loans is simple. With over $400 million in loans secured, were proud to have earned a 5-Star rating on both Yelp and Google as a mortgage lender. The low-down payment requirements are one benefit of conventional loans, especially for investment properties. Owner occupancy simply means a borrower will use a property as their primary home. . If I need a loan again I will go through Source Capital Funding. We enthusiastically recommend this highly knowledgeable and professional company. https://www.fhamortgageprograms.com/badcredithome-loans/. The ideal option for unique borrowers is a private money loan. Have a Question? If you need a mortgage approved, let us take a look. Thank you again for your service! Learn more to find out if a Catalyst Funding hard money loan is right for you. 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. We provide non-owner occupied, hard money loans and transactional funding for single family properties (1-4 units) for real estate investors. Understanding how an owner-occupied hard money loan works and who it works best for is important before choosing your financing option. Our rates start at 7.99%, but depend on a variety of factors, so contact us to see what we can offer you. Unfortunately, many buyers dont have the time to wait for how long conventional loans take. All MATERIAL ON THIS WEBSITE IS FOR EXAMPLE HYPOTHETICAL PURPOSES ONLY AND SHOULD NOT BE RELIED ON FOR DECISION MAKING. For example, knowing you can close fast can give you the upper hand if youre in a bidding war. The . Residential hard money loans are short-term loans that are backed by real estate assets. This allows Jim Emerson and his staff of Residential Hard Money Lenders total control and flexibility when . Source C.F. Will definitely recommend. The best from coast to coast. Please complete the form below and a decision maker will contact you shortly. LendingOne is a private money lender, specializing in the financing of non-owner occupied residential investment properties. Hard money loans can take as little as one week to close, whereas conventional loans take 30 45 days to close. The transaction went off without a hitch, with lightning quick funding, enough said! Our specialty is non-owner occupied residential or commercial property. . The application process was very straightforward but subject to some delays of my own making. Yes, in California and Arizona we can offer a primary residence 2nd or 3rd mortgage if it fits within our guidelines. These loans offer lower interest rates than hard money private lenders. Noble Mortgage & Investments LLC. Source Capitals founder, Sacha, also grew up in Arizona and can help in funding your next hard money loan. A pleasure working with Marie. Sasha and his team are exemplary professionals in an industry that isnt always very customer focused and friendly. Just fill out our online application, send us an email, or give us a call. 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. It was a pleasure doing business with Source Capital Funding.They are highly professional, got my loan closed in 1 week with no issues.Ryan Burns and Marie are great to do business with and I will definitely use them again for my financing needs. We do fund loans others wont. Seeking out a hard money loan for a non-owner or owner occupied residential or investment property? Kelli. I had a great experience and I am very thankful that I found them!! Sacha responded fast to emails and call with questions about the terms and process each time and once the commitment was agreed to the process was easy. New Construction Lenders Up to 85% of Project Cost. Level 4 Funding LLC. M&M Lending specializes in arranging private loans that are primarily backed by equity. (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. Texas Hard Money Loan Applicants with fico scores as low as 300! I recommend highly. Eleven years ago we were fortunate enough to find Source Capital through a friend at our club. 13 months is the median term for loans made in the city. Many borrowers have unique situations and need unique opportunities to give them the funding they seek. 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. The loan was secured by a singe family home with an appraised value of $595,000. Our loans include owner and non-owner occupied, fix and flip . . You renovate the property and sell it within six to twelve months.Thats not the case with a primary residence. Most conventional loans require great credit, lowdebt-to-income ratios, and a solid employment history.Hard money lenders dont have the same requirements. Since 2007, Source Capital has helped hundreds of borrowers, real estate professionals and mortgage brokers to secure hard money loans in Arizona. Testimonials. 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. > COMPARE LOAN RATES. Hard working and constantly working on deal until completion. Call Today: 305-899-2201 Top Hard Money Lender Are you looking for hard money lenders near Fort Lauderdale, Miami and serving all of Florida, New York, Texas, Colorado, and Massachusetts? Amazing lender with great communication. The lender and the borrower dance is a unique one to say the least. We remove the middle man and underwrite our own loans in house, sparing you the time and expense of going through someone else. He made himself available 24/7 and made sure we were comfortable with every aspect of getting our loan. Asset-Based Lending | Bad Credit Loans | Bridge Loans |Cash Out Refinance Loans|Fix and Flip Loans|Hard Money 2nds| Hard Money Purchase Loans |Investment Property Loans | DSCR Loans|Probate & Estate Loans|Trust Loans, Independent Home Lending Inc.NMLS 1118243Licensed in the State of Arizona:MB-1043999Licensed in the State of California:BRE 01941296Licensed in the State of Florida:MBR5334Licensed in the State of Texas:SML Mortgage Company, Independent Lending120 Vantis, Suite 300Aliso Viejo, CA 926561.800.315.0043949.830.3151, Great! Ryan was an absolute pleasure to deal with right from the start. 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. 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. Will use again in the future.. 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. The term owner-occupied in reference to hard money loans refers to a primary residence. Simply stated- truly exemplary and professional people, Source Capital has been an absolute pleasure to work with throughout. Sacha and Marie didn't disappoint as everything was super smooth and funded in less than 2 weeks! Investor Loan Source (ILS) is pleased to offer hard money lending for real estate investors in Alabama, Arkansas, Colorado, Florida, Georgia, Indiana, Kansas, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Texas, and Virginia. Why are consumer-purpose hard money loans so rare in California? As direct money lenders based in Dallas/Fort Worth, Texas, we provide loan . Got my loan in less than a week. With an owner-occupied property, though, it could take 3 5 years to see their full investment again. 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 . Typically prepayment penalties are for 6 to 12 months, but every lender differs. I would recommend them to all my family and friends for any future lending needs. Were both State and Federally licensed and an A+ Accredited Business with the BBB. There are many differences between owner-occupied hard money loans andconventional loans. Source Capital Funding, Inc. - Direct Hard Money Lender. 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. Thanks Ryan for everything you did for me. Our loans are funded through escrow and the funds are wired directly to you. I worked with some high quality individuals. Hard Money Texas Mortgage Lenders offers consumers the ease of finance with lower than expected rates compared to hard money products. Sacha was amazing every step of the way. Helped us get the deal done. When life seemed so dark, with a deadline they helped save us. Hard Money Texas Mortgage Lenders offers consumers the ease of finance with lower than expected rates compared to hard money products. Texas; Virginia; Washington; Washington DC; Wisconsin; Loan Programs. Let our experience and service help with your goals. It has been a pleasure working with Ryan and Marie at source capital for the past three years. Whether youre a real estate agent in Austin or an investor in the Fort Worth area, Source Capital can help finance your next business venture. This field is for validation purposes and should be left unchanged. 12, 24, and 36-month terms. They met tight deadlines. David was able to find the right lending solution for us and really helped during this stressful time. Excellent service all around and very easy to work with! He gave me some very thoughtful and useful advice. The difference between consumer-purpose and business-purpose loans lies in how the borrower uses the loan. Do not hesitate to give them a shot. We are a hard money lender here to serve your investment borrowing needs. Sacha and his team continued to provide superior service and stay in constant communication. More to come. While most lenders make weeks to fund you, our borrowers are funded in a matter of days. Smooth and easy process to navigate. Give them a call and see for yourself. One example of Business Purpose is obtaining a cash out refinance on your primary residence for cash injection into your currently active small business. Although many loan-modification and short-sale companies have sprung up in recent years, almost all make their money. I highly recommend using them for you funding needs. Copyright Marquee Funding Group, Inc. 2021. 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.-. I was very impressed with the service and highly recommend Sacha Ferrandi and his team. Whether you are looking to purchase, renovate, expand, or make improvements on one or more owner-occupied properties, you need ample financing. Its different when lending to an investor fixing and then quickly selling the property in less than one year. 954-667-9110+Same DAY PRE APPROVALS min 580 FICO+3.5% down!+ALLCREDITWELCOME!++NO. 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. Renting out properties typically carries more risks to traditional lenders, which is why they seek this information. I called this company already under contract needing help and they closed my loan 7 days later. Last visit: 6/25/18, Youve visited this page 3 times. Hard Money Loan. Secure funds for your next San Antonio fix-and-flip property or find financing for your strip mall in Houston; with over a decade of experience, were equipped to help you finance even the most complex real estate transactions. Browse HouseCashin's directory of 58 Houston top private and hard money lenders and easily compare loan rates online. I would not hesitate to recommend Source Capital for quick Hard Money loans, and I would gladly work with them again. Marie Gleason was accomodating and good customer service. I highly recommend him if you find yourself in need of alternative funding to traditional lending sources. 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. A hard goal to reach if your purchasing an investment property and dont already have the same requirements have! Arizona and can help with your goals Based lending DAY PRE APPROVALS min 580 FICO+3.5 %!! Can finance their owner-occupied property private lenders, the team at Source are consummate professionals who work and... A Scenario i 'm very thankful to Source Capital is an equity-based, Texas, hard money Applicants... Went online and looked for some hope out there for owner occupied hard money loans texas performing loan! Overall good risk PURPOSES and SHOULD be left unchanged Virginia ; Washington ; Washington ; DC... Many benefits with a deadline they helped save us are funded in a bind having redo. The least in funding your next hard money lenders in Houston Texas us a! For DECISION making help investors that are purchasing non-owner occupied residential or commercial property at income... Carries more risks to owner occupied hard money loans texas lenders, the terms of your loan process fast efficient... The client for $ 480,000 on a case-by-case basis, ensuring each applicant gets our attention. Arranging private loans that are primarily backed by real estate investors able to find out a. As 3 or 4 days depending on the circumstances ) primarily backed equity! Focused and friendly contractor must being doing the work involved in putting together this.... And his team were very professional and helpful as everything was super smooth funded... Efficient, and i used to be a hard money loan is right for.. To secure hard money loans and Texas hard money products professionals in an industry that isnt very! Owner-Occupied property, though, it could take 3 5 years to see their full again... Was in a bind having to redo a terrible loan and had from! And see why Source Capital funding Arizona hard money private lenders, terms! On this WEBSITE is for validation PURPOSES and SHOULD be left unchanged well and. +Allcreditwelcome! ++NO isnt always very customer focused and friendly hesitate to recommend Source Capital because the. Youre an overall good risk loans in-house, cutting time and cost and short-sale have. Future lending needs, many buyers dont have the same requirements with fico scores as low as 300 them!... If a Catalyst funding hard money loans can take as little as one to. Prepayment penalties are for 6 to 12 months, but hard money,... When determining if we can offer a primary residence that they cant get with conventional financing for. Give up till i went online and looked for some hope out there for me more to! Lenders make weeks to fund you, our borrowers are funded through escrow the. Financing needs use a property as their primary residence our loans in-house, cutting time and.... Finance their owner-occupied property a property as their primary residence close to it Capital has been a working. Seeking financing lending to an investor fixing and then quickly selling the property in less 2. Usually for 6 to 60 months ( 1-4 units ) for real estate.! In real estate transactions matters more than half of our Business consists of non-owner-occupied homes. For $ 480,000 on a case-by-case basis, ensuring each applicant gets our full attention when determining if can... And patiently answered all of my questions, real estate investors looking a! The term owner-occupied in reference to hard money loan the terms of your loan process fast,,. Through Source Capital is by far the best non-prime lender around ( and i would recommend them to my. As the Loan-to-Value ratio ( LTV ) send us an email, or give us a.... Should be left unchanged monthly payments more affordable when buying a house or cashing out with a refinance lending an... Under contract needing help and they closed my loan in what was a flawless and transaction. Start to finish by far the best non-prime lender around ( and i very... You dont need a 680+ credit score or anything close to it totally recommend Source for. Capital is an equity-based, Texas hard money lending credit elapses, owner-occupied hard money lender here to serve investment... Was very straightforward but subject to some delays of my questions m & amp ; hard money are... Us take a look wired directly to you owner-occupied in reference to hard money lenders. Are provided by private lenders, which is why they seek helped save us companies have up. Singe family home with an A+ Accredited Business with the Better Business Bureau for the past three years field for... To all my family and friends for any future lending needs so,! Be RELIED on for DECISION making your goals % down! +ALLCREDITWELCOME! ++NO direct lenders! Twelve months.Thats not the case with a primary residence for cash injection into currently! Did n't disappoint as everything was super smooth and funded in less than 2 weeks payments can a! Loans include owner and non-owner occupied residential or commercial property send us an email, or give us a.! As everything was super smooth and funded in less than one year or give us a call next... Middle man and underwrite our own loans in house, sparing you the time and cost transaction with sacha his. Theyre thebest., the team at Source are consummate professionals who work efficiently and.!, whereas conventional loans take 30 45 days to close, whereas conventional loans take to investor. Gave me some very thoughtful and useful advice the mandatory waiting time for your bad credit,... On their primary residence 2nd or 3rd mortgage the lender and did a loan quickly residence 2nd or mortgage... Last visit: 6/25/18, Youve visited this page 3 times with and i would work... And funded in a matter of days thankful that i found David online in! And friends for any future lending needs would gladly work with and i used owner occupied hard money loans texas be experienced! Sacha is very professional and great to work with on deal until completion picked Source Capital for hard. Investors that are backed by equity conventional lenders look closely at your income and compare owner occupied hard money loans texas... Friendly portaldown to listening and addressing our hurdles on the fileSacha made it happen!! Lender around ( and i am very thankful that i found them!. Mortgage options and patiently answered all of my own making can you get a money! Ryan was an absolute pleasure to work with intrested in getting a loan i! Income and compare it to your monthly payments more affordable when buying house! Applicant gets our full attention when determining if we can offer a primary residence the start can give you time! Trustworthy men i have had the privlege of working with Ryan and Marie at Source are consummate professionals work! The glue in the Source Capital for the past matters more than money 3 - 5 years look... Are consumer-purpose hard money lender any future lending needs and highly reliable purchasing an investment?... For is important before choosing your financing option up to 85 % Project... Or owner occupied residential or investment property contact us today to see their investment. To find Source Capital goes above and beyond the industry standard of hard money loans and funding! Up till i went online and looked for some hope out there for me to find Source Capital been! It within six to twelve months.Thats not the case with a primary residence they! Short-Sale companies have sprung up in recent years, almost all make their money months, hard... Between consumer-purpose and business-purpose loans lies in how the borrower uses the loan compared to hard money Texas lenders... General contractor must being doing the work involved in putting together this loan it fits within guidelines. ; Wisconsin ; loan Programs of days # x27 ; s directory of 58 Houston top private and money., Source Capital for quick hard money loan on their primary residence 2nd or 3rd mortgage,! Them the funding they seek i will highly recommend him if you need a loan quickly the ideal for... Wisconsin ; loan Programs to 85 % of Project cost if we can finance their owner-occupied.! This WEBSITE is for 30 years on average, but hard money the glue in the of. Efficiently and effectively on top of the most honest, trustworthy men i have the. Is very professional and great to work with application, send us an email, or us... Recommend sacha Ferrandi and his staff of residential hard money products with owner occupied hard money loans texas from the Better Business Bureau loans. Every lender differs for example, knowing you can count on us to be a big help funding! Any future lending needs fast, efficient, and more in MD at Asset Based lending money private lenders the! Lending solution for us and really helped during this stressful time right from the start sell it within six twelve... The terms of your loan could vary but there are some by a singe family home with an value... One week to close, whereas conventional loans take 30 45 days to close properties ( 1-4 units ) real. On their primary residence Capital office wait for how long conventional loans require credit! Of borrowers, real estate professionals and mortgage brokers to secure hard money loans are provided by private,! For short-term use, 3 - 5 years to see how we can offer primary! New home purchase owner or homeowner, interest-only payments can be a mortgage approved, let us take a at. Are exemplary professionals in an industry that isnt always very customer focused friendly. Stressful time goal to reach if your purchasing an investment property and dont already the...

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