
Google 5-Star Rated Direct Hard Money Lender
Avoid the hassle of conventional loans with a San Antonio hard money loan from the experienced lenders at Source Capital.
Source Capital is San Antonio’s simple, effective hard money solution. We offer hard money loans to use on fix-and-flip projects, commercial real estate ventures, or just about any qualified property that requires fast funding. Our premier financial products, experienced and dedicated professionals, and unmatched customer service are on your side when you choose to work with Source Capital.
Conventional loans can take several weeks or even months to fund, which means you can miss out on your dream property while you wait for your money. With a hard money loan in San Antonio from Source Capital, you can receive your money in as little as 7 to 10 days. In fact, you’ll find out if you were approved within only 24 hours.
Give us a call to speak to one of our representatives about your financing needs today, or fill out your application online.
With no appraisal fees or prepayment penalties, get a free quote today and see how we can partner with you (or your client) to get the funds you need quickly.
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NOTE: All loans are secured by real estate only as collateral. We do not fund personal loans.
Absolutely. Source Capital has no minimum credit requirements to be eligible for a hard money loan. One of the benefits of a hard money loan is that, unlike a traditional mortgage, you don’t need impeccable credit just to secure financing. By using property, equity, or assets to secure your loan, you won’t have to worry about your credit score getting in the way of you securing the funding you need to start your next real estate venture.
Here’s how it works: instead of investigating borrowers’ financial details (like income, borrowing history, and credit score), hard money lenders use assets, like home equity, to secure your funding. This ensures that our approval process is fast and hassle-free. We can usually make a decision and approve your loan within 24 hours, and get funding to your loan within 7 days.
Put worries about financial roadblocks behind you and put your San Antonio property dreams ahead of you with a Source Capital San Antonio hard money loan.
Source Capital is happy to help you finance non-owner occupied business-related properties with our hard money lenders in San Antonio. Bear in mind that certain regulations, including the Texas Homestead Act and the The Texas Secure and Fair Enforcement for Mortgage Licensing Act (“Texas SAFE Act”), may apply when you seek funding for any real estate venture.
We work with a variety of clients across different industries and have the expertise to guide you through both residential and commercial real estate transactions and any local laws you may need to comply with.
If you’re looking at residential properties, our team of San Antonio hard money lenders can help you either purchase or refinance a family home or condominium. For fix-and-flip properties, we can also provide as much as $20,000 in funding for complete rehab, remodels, or buy and holds. Whether you’re looking for the perfect Riverwalk condo or a fix-and-flip near Alamo Heights, Source Capital is your funding solution.
And when it comes to commercial hard money loans in San Antonio, the sky’s the limit. We offer funding for up to $5,000,000 for a wide spread of property types, including:
We know that everyone’s real estate venture is different, and may require different strategies. That’s why we’re committed to offering loans available on diverse property types, so no matter what your game plan is, you have the funding you need to get ahead.
If you need a bridge loan, we can also help you finance that for up to 12 months. Whatever your real estate business goal may be, Source Capital is happy to provide you with the funding you need to achieve it. The average home price in San Antonio is $188,000, with signs of trending upward. Now may be a wise time to get in while low prices last.
San Antonio is sort of under the radar compared to hot spots like Dallas and Houston, but there are still numerous investment opportunities. Here are some popular neighborhoods you can peruse before you begin your investing journey.
Downtown San Antonio is exactly what you’d expect—a busy neighborhood with lots of shopping and dining options. The downtown area isn’t for everyone, but it attracts a diverse selection of renters throughout San Antonio. There are also plenty of employment opportunities in the area.
Southtown is an excellent choice for investors who want to purchase more affordable real estate. The median sale price in Southtown is just $350k, which means you don’t need a big budget or valuable assets to finance investments in this area.
Targeting certain groups of renters can be a smart strategy for real estate investors. Medical Center is home to several healthcare facilities and jobs, which makes it a popular choice for healthcare workers looking for reasonably priced housing.
Getting approved for a conventional loan can be a challenge for some borrowers, but Source Capital has you covered. Here’s what you need to know about our San Antonio private loans.
Instead of looking at your income and credit score, we focus on your loan to value (LTV) ratio. As long as the amount you’re borrowing isn’t more than 65% of the value of the property, we may approve your loan.
While we offer fixed interest rate loans, our interest rates vary depending on the borrower. You’ll receive a written offer that includes your interest rate before you agree to your loan.
We are also proud to offer our funding solutions across the Great State of Texas. So, no matter where in the Lone Star State you find you find yourself, there’s a funding solution to get your projects moving:
The exact price of your hard money loan depends on the private lenders in San Antonio that you choose to use. Luckily, Source Capital is proud to offer competitive rates on all of our financial products, so you can get the funding you need at a price that doesn’t put your real estate dreams on hold.
When you sign up for a loan through Source Capital, you can expect some of these industry-leading rates and benefits:
We know that every real estate venture is unique, so we always endeavor to structure your San Antonio hard money loan to fit your specific needs. With a combined 65+ years of experience in the industry, we have the knowledge to handle even the most complex real estate transactions. Contact our hard money lenders in San Antonio about your project to discuss the ways we can help get you the funding you need.
Get started with your San Antonio hard money application today. The process is quick and easy, and we may even get you your answer within a day. Apply now and turn your real estate dreams into a reality.