Texas Hard Money Lenders, TX
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. 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.
From bustling cities like Dallas and Houston to small towns dotting the plains, the Lone Star State has so much to offer. The second largest U.S. state in both area and population, Texas is constantly growing and changing and it has one of the most diverse economies of any state. All of that contributes to an extremely lucrative real estate market.
How are Texas hard money loans structured?
Closing on a real estate deal as quickly as possible is crucial in the ever growing Texas real estate market. At Lantzman Lending we structure our hard money loans with that need in mind. We provide some of the most fair, cost effective hard money loan terms you’ll find anywhere, designed specifically to give you the financial freedom you need so you can move on real estate deals without delay.
We understand that no two customers are exactly the same, and neither are our loans. Everything from refinancing to construction hard money loans are tailored to meet your individual needs, but here are some general conditions you can expect with any of our hard money loans:
- Financing that ranges from $50,000 up to $3,000,000+
- Up to 65-70% ARV; Up to 85% Acquisition + 100% Rehab
- First position loans for non owner occupied (NOO) properties only.
- 6-24 month terms (longer terms considered on a case by case basis).
- Interest rates from 7.99%
- Loan origination fees vary depending on length of term
- No prepayment penalties
From the history of the Alamo to the spirit of our many sports teams, there is something for everyone all across the Texas landscape. Millions of visitors come here every year to enjoy our delicious Tex-Mex cuisine, world class shopping and Texas hospitality. As the saying goes, everything is bigger in Texas and that includes the real estate market.
The extraordinary health of the market is great for competition, but it means that investors need to have cash on hand in order to have the advantage in a deal. That means having private money lenders you can count on and that’s where Lantzman Lending makes the difference. We’ve made it our goal to streamline the process of securing a loan so it’s as easy as possible for you.
Our Easy 4-Step Process
How can I get approved for a Texas hard money loan?
If you’ve ever applied for a traditional loan, then you know how stressful the approval process can be. At Lantzman Lending we don’t think that should be necessary, which is why our application process is designed to be as quick and easy as possible. Simply fill out our online pre-approval application and we’ll give you a response within 24 hours. Our average closing time is just 5 to 7 business days and if we have all of your documentation, we may be able to close in as little as 3 days. We handle each loan on a case by case basis and we’ll go out of our way to accommodate special requirements.
The one thing all hard money loans have in common is the need to secure funding as quickly as possible. Lantzman Lending achieves this end by focusing primarily on the strength of the loan and the collateral you provide rather than your financial history. Unlike traditional loans, limited income, low credit score, past foreclosures or bankruptcies won’t stand in your way when you’re trying to secure a hard money loan. As private money lenders, we can guarantee quick and easy approval no matter your financial circumstances.
What kind of loans are available in Texas?
Lantzman Lending offers everything from fix and flip to commercial hard money loans. Our full range of loan options includes:
Fix and flip properties or rehab: single family, multiplexes, condominiums or apartments
Commercial: multi-family units, office spaces, industrial zones, hotels, motels or restaurants
Probate, Trust & Estate
What is the cost of a hard money loan in Texas?
Hard money loans in Texas can range from $100,000 to $1 million or more. Particular amounts vary from one case to another and may depend heavily on the lender you choose. As private money lenders, Lantzman Lending offers competitive rates on all of our hard money loans so that you have the flexibility to move quickly in the competitive Texas real estate market. Lack of funding should never stand in the way of making good on your real estate investments and we’re ready to provide you with the financial edge you need to stay ahead of the competition.
Will a low credit score prevent me from getting a hard money loan in Texas?
All too often, a low credit score becomes a major stumbling block to securing a traditional bank loan, but that’s not the case with hard money loans. When you deal with Lantzman Lending a low credit score will never stand in your way. We have no minimum credit requirements or income threshold requirements and since we don’t rely on financial history for approval, your past mistakes won’t be an issue. We’ll make it as easy as possible for you to get the funding you need when you need it most.
How can we make the approval process so smooth? As private money lenders, we don’t focus on your financial history so there’s no need for intrusive credit and background checks. Instead, our approval depends solely on the collateral you provide, including property, retirement accounts, home equity or even cash that you can use to finance the loan in the event of default.
There’s no doubt that the Texas real estate market is competitive and being successful here means having every advantage you can get, including quick approval regardless of your credit score so you can get the funding you need as quickly as possible. If you’re looking to turn around a Texas sized real estate investment, then you need Lantzman Lending, the Texas hard money lenders you can trust.
Lantzman Lending offers the following loans to real estate investors:
Would you like to have more information about our loans?
Need Help With A Hard Money Loan? Let Us Know.
Recently Funded Deals in Texas
We think our investors did a fantastic design on this remodel in Los Angeles. What an incredible transformation by our borrowers on this Mid Century gem. They received multiple offers in less than a week. Lantzman Lending provided a $980k loan and it sold for $1.495M after renovations!
Take a look at this unique Fix and Flip in Los Angeles, California. This 4 bedroom, 3 bath home has been fully remodeled and sits near the heart of Culver City. Purchase Price: $950,000 | Loan: $945,000 | Sale Price: $1,4000,000
This Los Angeles, CA Fix and Flip was purchased for $520,000. We funded a loan of $400,000 which included 100% of the repair costs. Our Borrower remodeled and resold the property for $680,000.
This Los Angeles, CA Fix and Flip was purchased for $541,000. We funded a loan of $482,000 which included 100% of the repair costs. Our Borrower remodeled and resold the property for $848,000
We’ve built a reputation for reliable, competitive and consistent service, as reflected by regular four and five star reviews at Google and Yelp. We’re proud of that record and continually work to be a name you can trust when it comes to hard money loans. With quick turnaround times and quality service Lantzman Lending can help you get your real estate investing dreams off the ground and soaring towards the good life in TX