First and foremost, we ensure that all brokers that work with us are protected and fee secured. We highly recommend getting your fee agreed to, in writing, from your client ahead of time.  As all of our loans are closed by third party escrow, they will pay out all fees at closing for all parties.

All our loans are secured by first and second deeds of trust (mortgages) on real estate only in AZ, CA, CO, MN and TX for business purposes only from $100K up to $5M. Examples of business purpose loans are loans to: purchase, repair or improve real property for use in the Borrower’s business; acquire, improve or maintain certain non-owner occupied rental property; purchase, improve or repair tools, equipment, machinery, fixtures or furnishings used in Borrower’s business; fund operating capital (e.g., employee salaries) or purchase or pay for business inventory, supplies, rent, taxes, insurance or other related expenses; or to pay off, refinance or consolidate business debts.

We do not offer loans for:

• Ground-up construction projects
• Personal use (pay bills, improve primary residence, medical collections, etc.)
• Primary residence purchases
•  Land purchases or refinances
• Special use/single purpose properties (church, car wash, dry cleaner, gas station,, etc.)
• Hospitality properties (restaurant, hotel, motel, etc.)
• After repair value (ARV) and/or provide funds for the purchase AND rehab costs
• Rural areas of the states we lend in
• Borrowers with no real estate as collateral (unsecured loans)

We understand every scenario is different. Contact a decision maker directly at 888.334.6636 to see if we can help with your request for financing.

Because we are a direct hard money lender, we typically can approve loans in 24 hours and fund loans within 7-10 days from initial contact. Our automated hard money loan process and direct access to capital allows for quick decisions and funding with minimal paperwork.

We have no credit score requirements. Unlike a bank, we are not focused on a number to dictate whether or not you can qualify for a hard money loan. We are focused on the real estate asset securing the loan, first and foremost.

At Source Capital, we work with all borrowers who have experienced past hardships that has affected their credit score. We understand that “life happens” and are committed to tailoring our hard money loans to suit your needs and will work closely with you throughout the process.

We encourage brokers to call us directly or submit an inquiry through this site to get started. Typically all we need is a property address and hard money loan amount request and we can move quickly. As a direct hard money lender, we are able to assess a deal in a matter of hours and provide written terms to you and your client shortly thereafter.