We are a hard money lender here to serve your investment borrowing needs. Our specialty is non-owner occupied residential or commercial property. There are no personal qualifying requirements because our loans are equity-based only. This means we can close quickly and hassle-free.
Texas Homestead. To obtain money for work and material to repair or renovate existing improvements on the homestead. For partition liens, including divorce or probate. For refinancing a federal.
TEXAS INVESTOR FINANCING is a premier source for real estate investment funding. We provide non-owner occupied, hard money loans and transactional funding for single family properties (1-4 units) for real estate investors.
owner occupied hard money Business purpose loans. owner occupied alternative Financing Loans . 1. Owner Occupied Hard Money Business Purpose Loans (California Only) These loans are available for owner occupied homes when the loan funds are being used for a BUSINESS PURPOSE and the property is IN CALIFORNIA. This means that the majority of the.
I can’t imagine any owner occupied hard money lenders providing a loan with only 5% down. There are few hard money lenders who will even consider owner occupied and the ones who do often require at least 25-30% down.
Commercial "Owner-Occupied" doesn’t mean that the owner has to occupy the entire building or space, but they must occupy at least fifty-one percent of it. The remaining space can be leased out to another tenant or tenants and those rents can be used as part of the cash-flow to qualify for the loan.
Hard Money Loan Lender – Start Rate of 5.99%. Hard money loans or Private Capital Mortgages are a particular kind of asset-based loan funding with which a customer gets funds secured by the value of real estate rather than based on income and credit.
Uses for a Houston Hard Money Loans. The lender will base the loan on a percentage of the projected after-repair value (ARV) of the home rather than the purchase of the home. For example, your distressed property may be on sale for $85,000, which is discounted from its true value of $150,000 because of all the necessary repairs.
Hard Money Lenders Houston, Texas Sterling Investor Capital has the answers to all of your hard money lender needs in Houston, Texas. We are able to finance loans which have been turned down by banks and help you out in many financial situations in which a loan would otherwise be denied.