Lone Star Hard Money takes the Hard out of Hard Money by simplifying Real Estate investment funding throughout the DFW Metroplex. We are an Asset-Based Lending Firm that takes the frills out of the funding process by offering funds directly from our own capital, not brokering your loan through another lender.
Our mission is to fund your investment projects quickly by reducing unnecessary fees and being transparent about expenses related to acquiring capital. Our experience in the DFW Real Estate market sets Lone Star Hard Money aside from other lenders, with resources ranging from Appraisers to Insurance Agents.
Our application process is simple and fast, approvals are based on the presence of a good deal not just your credit score. Apply now and find out how much your project has been preapproved for today! Find out more about How Hard Money Works Here.
Loans for the Purchase & Renovation of Real Estate Investment Properties
Loans based on the Value of Real Estate Assets, not based solely on Credit Scores and Credit Reports
Loans for Real Estate Investment Strategies such as:
Loans for Non-Owner-Occupied Single-Family Homes, Commercial Properties, as well as Multi-Family Properties
Loan approvals and terms more suitable for Investors than Banks and Conventional Mortgage Lenders
Loan-to-Value (LTV): Up to 70% of ARV (After-Repaired Value)
Rate and Term: 12% Interest-only for 6 Months, with an Option to extend for 3 months for 1%
Origination Fees: 2%, Not Due until you pay off the note.
Doc Prep: $400, Appraisal (if requested): $450
Draw Request & Inspection Fee: $100
Underwriting Fee: $450 commitment fee
Rehab Inspection Fee: $100