HOUSTON HARD MONEY

TEXAS HARD MONEY: AN OVERIVIEW OF WHAT AND HOW OUR TEXAS HARD/PRIVATE MONEY FUNDING WORKS

Distressed income producing properties in Texas.

We are bridge lenders in Texas and  focus on structuring to meet your specific requirements and needs. Whether you need a fast money loan, mezzanine/equity financing, bridge loan, hard money, or foreclosure bailout, our investors and  capital sources help us meet the financing needs and capabilities to allow you to refinance or purchases your project quickly.

Commercial hard may include variuos property types and be used for the following:

• Commercial real estate funding - including sustainability projects for acquisition, construction financing, or the renovation of an existing building for a new use (i.e. office to residential development)
• Joint venture capabilities and mezzanine financing structure
• Acquisition of vacant or partially vacant building in order to reposition the property within a given market
• Foreclosure bailout loans
• Up to 90% LTV for financing equity & debt
• The re-purchase of debt by an owner at par or at discount

Texas Bridge Loan Parameters:

• Houston and Texas Metro areas in Texas (population over 50,000)
• National: $1 million to $25 million
• Loan to value: up to 70% LTV
• Security: first, blanket mortgages,  mezzanine financing, equity participation, and JV
• 1-5 year terms most common, some 25 year fixed.
• Recourse: non-recourse and recourse
• Closing: as fast as necessary and as fast as documentation and 3rdparty work can be performed