Hard money loans have become an easy and effective way for investors to acquire the required financing without any difficulty. Also, it is a suitable option for those with low credit scores. But it comes with a higher interest rate. Despite this, the benefit exceeds it all. But it is advised to search for Hard money lenders in Houston, TX, and find suitable options to get the required financing. If unsure, here are other top options available to you.
1. Capital for real estate
It's a top organization that provides for fix and flip properties, buy and hold, hard money refinancing, private capital, and bridge loans. Generally, the loan terms will be between 8.9% to 12%. While you will receive a maximum LTV of 70% on amounts up to $5,000,000. The institution offers long term for six months to three years.
2. Private capital investors
They are a well-known and recognized organization that provides financing for various property deals. It will include hard money refinancing, fix and flip, or any others. They specialize in providing customized solutions to customers of all needs.
3. Noble Mortgage & Investments
They specialize in providing financing in areas such as San Antonio, Dallas, Houston, Austin, and Fort Worth. The organization is reputed for offering conventional refinancing, house flipping, and commercial hard money loans. They provide loans from $50,000 to $1,50,000 with about 70% LTV.
4. Jet Lending, LLC
The organization is amongst the top reputed firms for getting financing. They offer their help by providing funding for fix and flip, single rental, and transaction loans. Also, they provide online applications to check the qualifications for the loan.
5. Catalyst Funding, LLC
The lender is popular for providing loans for rental properties like multi-family and single-family properties. They provide a loan with a term of six months and a maximum LTV of 70%. You can use their online application feature to learn more about the loan details.
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