Many people are confused about Texas hard money loans, but they shouldn’t have to be. Texas hard money is a loan where the investor receives their financing merely based on the value of the property they have instead of the traditional kind of bank loan that is dependent upon the kind of credit a person has. This can be a difficult loan to obtain for some kinds of people and that is why Texas hard money can be a truly wonderful thing.
While interest rates can be higher with Texas hard money versus other kinds of traditional bank loans, the rates are often worth the rewards. Approval times are fast, often in as little as two weeks. Also, your credit score is not a determining factor and neither are other aspects of your personal finances. Hard money lenders Texas base your financing on one thing, the merit of your investment property.
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120
Phoenix AZ 85027