Google 5-Star Rated Direct Hard Money Lender
Access the capital you need to purchase a property or cash-out equity with a Texas hard money loan from Source Capital
With nearly two decades of experience, Source Capital is one of the largest providers of Texas hard money loans. Our hard money lenders have funded over $550 million since we got our start, helping investors secure the capital they need to succeed. Our loans are backed by accredited investors, and we make it easy to get your loan approved and funded faster than traditional loans.
Applying for a traditional loan is a lengthy process that involves a lot of waiting, but that’s not the case with hard money loans. Our Texas hard money lenders can approve your loan in as little as 7–10 days, which means you can get your money and start investing as soon as possible. When you’re trying to compete in a fast-moving real estate market, every day makes a difference.
The experts at Source Capital can help you secure the funding you need for a wide range of investments, from simple residential real estate to complex commercial buildings. Our loan programs include bridge loans, fix-and-flip loans, commercial loans, and loans for mixed-use properties.
When you need a hard money loan in Texas, Source Capital makes it easy. You can get approved even if you don’t meet strict credit score and income requirements, and our experts can help you find the best loan for your investment with loan amounts ranging from $100,000 to $5,000,000.
Why Choose Source Capital as Your Texas Hard Money Lender?
The Texas real estate market is competitive, and we know how important it is to make an offer before your competition does. At Source Capital, we provide fast loans that help you stay agile in the most competitive markets.
Fast Decisions
Time is crucial when you’re investing in real estate, and traditional loans simply don’t move fast enough for some investors. When you’re investing in a competitive real estate market, you need to secure a loan quickly so you can make a timely offer. Source Capital can approve and fund your loan in as little as 7–10 days because we make all our decisions in-house.
Proven Track Record
It’s important to find a lender you trust, and Source Capital has been in the hard money loan business since 2007. You can count on us to offer competitive rates with flexible loan terms, which makes your life easier as an investor. Thanks to our extensive knowledge and experience, we can make sure your loan is tailored to your investment and answer any questions you might have during the application process.
Well Capitalized
Source Capital is backed by accredited investors, which means we have the capital to fund a wide variety of real estate ventures. Whether you’re looking for a small loan for a single-family home or millions for a commercial property, we can help. We offer loans ranging from $100,000 to $5,000,000.
Client Testimonials
Texas Hard Money Loans – Terms & Highlights
Our loan programs cater to a variety of real estate projects from cash-out equity to buy-and-hold rental properties:
| INTEREST RATES | 8.99% – 11.99% – First Position 11.99% -13.99% – Second Position | LOCATION | Arizona, California, Colorado, Minnesota and Texas only |
| LOAN AMOUNTS | $100,000 – $5,000,000 | TYPES OF LOANS | Acquisition, Refinance and Cash-Out |
| LOAN DURATION | 12-24 months | LIEN POSITION | First and Second Trust Deeds Only |
| ORIGINATION FEE | Starting at 2.0% of loan amount, depending on loan size and length of term | PROPERTY TYPES | Owner and Non-Owner Occupied Residential. Multifamily, Commercial, Industrial, Office, Retail, Mixed Use |
| LOAN TO VALUE | Up to 65% LTV in first position Up to 50% CLTV in second position | APPRAISAL FEE | None |
| CLOSING TIMEFRAME | 10 business days or less | PREPAYMENT PENALTY | None |
There are no minimum credit scores, employment requirements or financial minimums to qualify for a loan.
*All loans are secured by real estate for business purposes only
By tailoring our loan amount to the property’s asset-based metrics, we ensure you can act fast in a competitive real estate market—whether you’re investing in Dallas or acquiring commercial real estate in Houston.
Why Texas Hard Money?
Whether you’re just starting your real estate investing journey or you’re a seasoned veteran, a Texas hard money loan from Source Capital makes your life easier. Traditional loans have strict credit score and income requirements, which means a lot of borrowers don’t qualify. Borrowers who do qualify often have to wait several weeks to get approved and receive funding, making it difficult to invest.
At Source Capital, we offer hard money loans that are specifically designed for investors. We understand the challenges you face as a real estate investor, which is why we can approve and fund your loan in as little as 7–10 days. We also don’t have the same income and credit score requirements, making our loans ideal for many investors:
- Fix-and-Flip Investors – Secure the capital you need to purchase a property, renovate it, and sell it for a profit.
- Bridge Financing – Investors who want to invest before selling their current property can use bridge financing to make the transition easier.
- Distressed Property Purchases – These loans are ideal for foreclosures, REOs, and auction properties.
- Cash-Out Refinancing – Get a lump sum of cash based on the equity you have in your current property so you can start investing sooner.
- Business Purpose Loans – Fund real estate-backed business ventures without delays.
If you’re ready to start investing, the team at Source Capital is here to help. We can work with you to find a loan option that meets your needs whether you’re investing in residential or commercial property. Even better, our Texas hard money lenders can make sure you’ve got the capital you need to invest in as little as 7–10 days.
Recently Funded Deals in Texas
We’re proud of our fast funding and transparent approval process for Texas borrowers. Here are a few recently funded hard money loans in Texas:
$2,200,000
These success stories highlight our commitment to short closing times, flexible loan terms, and a streamlined loan process—wherever you are in Texas, from Dallas to Houston and beyond.
Texas Hard Money Lender
Source Capital hard money loans are secured by residential or commercial real estate and backed by accredited investors. We don’t offer unsecured loans or loans for primary residences.
Our loans are specifically designed for real estate investors, so you can make an offer on your next property without having to wait for weeks. Every loan is specifically tailored to fit the property you’re purchasing, and we offer a wide range of loan programs for different types of investors..
Hard Money Loan Programs
- Refinance Loans – Refinance loans are ideal if you’re looking for more favorable loan terms. If you’ve already paid off a significant portion of your property, you can use a refinance loan to lower your monthly payments or interest rate.
- Investment Property Loans – If you have your eye on a rental property or a buy and hold investment, our investment property loans are just what you need. We offer competitive interest rates and fast funding times, so you don’t have to worry about missing out on a great investment.
- Commercial Hard Money Loans – If you’re looking to invest in commercial real estate, Source Capital is here to help. We offer loans for a wide range of commercial real estate, including warehouses and offices. We don’t offer commercial hard money loans for restaurant and hospitality properties.
- Probate & Estate Loans – Eliminate the hassle of probate and estate proceedings with a probate and estate loan. We can help you settle estate obligations and buyouts, or you can use your funds to start investing before the estate is settled.
- Bridge Loans – When you’re investing in one property but you haven’t sold your current property, bridge loans can be a helpful resource. Get the money you need to make your next investment before you sell your current property and pay off your loan.
- Cash-Out Refinance Loans – If you need to access some of the equity you have in your current property, you can use a cash-out refinance to get the money you need to start investing.
How to Get Approved for Texas Hard Money Loans
1. Apply Online
It takes minutes to complete our simple, online application to get prequalified for a loan.
2. Get Approval
After underwriting your loan, we will provide you a written Loan Commitment providing loan terms for approval.
3. Loan Funded
In a matter of days, not weeks like most lenders, the loan is funded through escrow and funds wired to you directly.
4. Pay Monthly
You make monthly payments via mail, phone or direct deposit. It’s that easy.
Cities We Serve in Texas
From Austin to Dallas, we fund real estate loans across the state:
- Dallas – One of the largest cities in Texas with a wide range of commercial and residential real estate opportunities.
- Houston – The largest city in the state with diverse investment opportunities in and around the city.
- San Antonio – The second largest city in the state and an excellent market for investors.
- Fort Worth – A great place for investors looking for affordable investment opportunities.
- Waco – A less competitive real estate market where investors can find a wide variety of affordable homes.
- El Paso – A growing real estate market where home prices are on the lower end.
- Austin – One of the fastest-growing cities in Texas and an excellent destination for rental property investors.
Texas Hard Money Lender
How fast can I get funded in Texas?
We typically provide funding in as little as 7–10 days, thanks to our in-house underwriting. For time-sensitive deals, we can expedite the process.
What Types of Loans Do You Offer?
At Source Capital, all of our Texas hard money loans are secured by residential, commercial, or industrial properties. We do not provide unsecured loans or financing for the purchase of a primary residence.
Whether you’re acquiring an investment property or leveraging the equity in real estate you already own, we offer flexible lending solutions tailored to your needs. Our direct lending approach ensures fast approvals, competitive terms, and a streamlined process—helping you capitalize on opportunities in Texas’s robust real estate market.
Do hard money lenders need to be licensed in Texas?
Absolutely. To originate and fund loans in Texas, a lender needs to be BOTH State and Federally licensed.
At Source Capital, we continuously have the proper licensing to operate where we lend, so you don’t have to worry about working with an unlicensed lender.
Whether you’re taking out hard money loans in Colorado or Texas, you’re always working with reputable hard money lenders when you work with us.
Are hard money loans legal in Texas?
Yes. Hard money lending in Texas is regulated by state laws, and Source Capital adheres to all relevant regulations for a smooth, compliant process.
What types of properties in Texas can you finance?
Generally speaking, hard money loans in Texas are designed for single family or condominium investment properties or second homes only due to Homestead Laws in the state. Some common types of commercial property that hard money loans are used for include:
- Apartments
- Medical offices
- Office buildings
- Retail buildings
- Warehouses and industrial buildings
Securing a traditional loan to purchase these types of properties can be difficult, but it’s easier with a hard money loan. We offer hard money loans in Arizona, Texas, and other surrounding states to help you take the leap and make real estate investments.
How do hard money loans work in Texas?
When you borrow from a Texas hard money lender, you put down collateral in the form of real estate to secure your loan and this is what is focused on the most in the underwriting process.
With traditional (bank) loans, the main criteria for lending is based on your credit and financial situation. So if you have poor credit, a past bankruptcy or foreclosure and do not have steady employment, it is very difficult to qualify for the loan.
However, if you’re having trouble securing a traditional loan or need quick access to money, taking out a hard money loan may be a simpler alternative for you.
What are the benefits of working with a Texas hard money lender?
Texas hard money lenders can help you get access to money you might not be able to access through a traditional loan. Since you’re using collateral as security for the loan, it’s easier to get approved quickly. This also means you receive your money faster, so you can invest before you miss your opportunity.
Working with a licensed, direct lender like Source Capital gives you a chance to discuss your loan one-on-one with an expert if you have any questions. Whether you’re planning on investing in an apartment as an investment or want to use the equity in your current real estate, we can help with financing. We even offer owner-occupied hard money loans in Texas if you’re purchasing a residential property where you intend to live.
How long does the loan process take?
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.
How do I get approved for a Texas hard money loan?
Getting approved for a hard money loan in Texas is easy. Unlike traditional loans that require an evaluation of your financial situation, including credit history, credit score, and income, hard money lenders in Texas focus solely on your property as collateral.
At Source Capital, we assess each application on a case-by-case basis. Whether you are a foreign national, have a history of bankruptcy, or are self-employed, we are here to help! Apply now online, or if you have any questions about applying for a Texas hard money loan, please don’t hesitate to give us a call at 888.249.9827.
What areas in Texas do you lend in?
We lend throughout the state but mainly focus on more urban than rural areas. Austin, Houston, Dallas/Ft. Worth, San Antonio, El Paso, and Arlington are just a few of the cities we lend in and their respective outlying areas.
Get Funded Fast – Apply Today!
Provide us some brief information about your hard money needs and a decision maker will get back to you as soon as possible to discuss.
What We Offer
- Same Day Approvals
- Rates starting at 8.99% Interest
- Poor Credit OK
- No Debt to Income Requirements
- No Prepayment Penalties
- No Appraisal Fees
- $100,000 to $5,000,000 Loan Amounts
- Residential, Commercial, Industrial
- 1st & 2nd Trust Deeds
- Up to 65% Loan-to-Value (LTV)
- Up to 50% Combined LTV (2nd Loans)
- Closings in 7-10 Days
NOTE: All loans are secured by real estate in AZ, CA, CO, TX and MN ONLY. We DO NOT fund ARV loans or do 100% financing.
515 South Flower Street, 18th Floor
Los Angeles, CA 90071
Los Angeles, CA 90071
18205 N 51st Ave, Suite 115
Glendale, AZ 85308
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San Diego, CA 92101
San Diego, CA 92101
121 Washington Ave N 4th Floor
Minneapolis, MN 55401
Minneapolis, MN 55401
325 North St. Paul Street, Suite 3100
Dallas, TX 75201
Dallas, TX 75201
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Denver, CO 80202
Denver, CO 80202
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