Texas Hard Money Lenders
Looking for a Texas Hard Money Lender – Private Equity Loan? Need to act quickly so as not to miss an opportunity. If your current credit, employment or asset situation won’t allow you to get a conventional Texas loan or you can’t wait the typical 40 days to have your loan funded through Texas conventional lenders – because you need your loan funded fast – consider a Texas private equity or hard money loan.
Texas Hard Money Loans
Texas Private equity – hard money – loans are asset based loans placed with Texas private investors who use their private money to finance or refinance real estate loans. Texas Private equity hard money loans are based almost solely on the property value as apposed to conventional lending institutions which have strict underwriting guidelines for borrower credit, loan to value amount and real estate asset value.
Through years in the mortgage lending business hard money lenders have seen all types of borrower situations were conventional lenders will not or can not accommodate the borrowers needs – due to credit issues, time frame issues or income and employment issues.
Texas Private Equity Loans
In order to meet the needs of just such Texas hard money loan borrowers hard money lenders have developed relationships with a number of private equity lenders that loan their private funds based on the secured asset value of your property alone. Private equity lenders typically do not require proof of income, they will loan based on your stated income and the value of your property or profitability of your project.
Texas Bridge Loans
Funding is available for all types of borrowers and credit situations. If you need a Texas bridge loan, a Texas sub prime loan or a loan from Texas high risk lender visit these pages and visit the private equity hard money high risk lenders you’ll find listed.
Contact these hard money lenders they will explain all your Texas hard money private equity loan options including: Texas commercial, residential and refinance of current mortgages – with their help you will make a fully informed hard money mortgage choice!
State of Texas
In the 16th and 17th centuries Spanish explorers visited the area. In 1821, Americans began to settle near the Brazos River under the leadership of Stephen Austin. At the time the region was controlled by Mexico. A brief war ensued and the Republic of Texas was born with Sam Houston as president. Texas became a state in 1845. Continuing border disputes led to the Mexican War pf 1846-1848.
The capital of the second largest state is Austin. Other major cities are Houston, San Antonio, Dallas, El Paso and Corpus Christi. The population in 2005 was 22,859,968. Texas is a leader in the production of oil, chemicals, machinery, and transportation equipment. Texas farms produce cattle, sheep, cotton, dairy products, poultry, eggs, rice sugar cane and peanuts.
The Gulf Coast resort area is a major tourist attraction, as is the Alamo, the Johnson Space Center and the Guadalupe Mountains and Big Bend National Park.
Disclaimer: The hard money loan calculators found on this website are offered only to estimate monthly loan payments. No guarantee is offered or implied as to their accuracy. Hard money loans are non conforming, they do not conform to the underwriting guidelines of Fannie Mae or Freddie Mac. Each private equity hard money lender has their own fee structures which may include points at closing and early prepayment penalties. Discuss all of the details of your particular hard money loan including all costs and fees with your selected hard money lender.