Texas Hard Money Loans
Direct hard money lenders in Texas for fast, reliable funding.
- Direct Private Lender
- Loans from $100K-$5M
- Quick Approvals. Fast Funding
What is a Texas Hard Money Loan?
A hard money loan in Texas is a short-term financing solution secured by real estate as collateral. Unlike banks, hard money loans help real estate owners and purchasers quickly get the capital they need in just days.
- No minimum credit score requirements
- Past bankruptcy and foreclosure
- No minimum financial reserves or employment required
- Foreign nationals, LLCs, corporations
Terms
Up to 65% LTV and loan amounts from $100,000 to $5,000,000.
Speed
Direct access to capital for fast funding.
Requirements
No minimum credit scores or income requirements.
Benefits
No prepayment penalties or “junk fees”.
Texas Loan Programs
Hard Money Loans
Bridge Loans
Private Money Loans
Real Estate Loans
DSCR Loans
What Texas Borrowers Say About Us
How It Works
After underwriting your loan, we will provide you a written Loan Commitment providing loan terms for approval.
In a matter of days, not weeks like most lenders, the loan is funded through escrow and funds wired to you directly.
Why Source Capital Is One of the Best Hard Money Lenders in Texas
Same Day Prequalification
Texas Loan Rates
|
Interest Rates |
8.99% – 11.99% (1st Position)
11.99% – 13.99% (2nd Position) |
|
Loan Amounts |
$100,000 – $5,000,000 |
|
Loan Duration |
12-24 months |
|
Closing Timeframe |
10 business days or less |
|
LTV ratios |
Up to 65% LTV (1st Position)
Up to 50% LTV (2nd Position) |
|
Prepayment Penalty |
None |
|
Appraisal Fee |
None |
|
Credit Score |
No minimum |
|
Property Types |
Non-owner-occupied (multifamily, industrial, office, retail, and mixed-use) |
|
Origination Fee details |
Starting from 2.0% of loan amount (varies by size & term length) |
Cities We Serve in Texas
- Austin – One of the fastest-growing cities in Texas and an excellent destination for rental property investors.
- Dallas – One of the largest cities in Texas with a wide range of commercial and residential real estate opportunities.
- El Paso – A growing real estate market where home prices are on the lower end.
- Fort Worth – A great place for investors looking for affordable investment 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.
- Waco – A less competitive real estate market where investors can find a wide variety of affordable homes.
As Featured In
Texas Loan Terms & Qualifications
You May Qualify If…
- You have 20–30% down
- The property is non-owner-occupied
- You’re purchasing or refinancing an investment property
- Equity requirements
- Property types
- Docs needed
- Time to close
- No unnecessary promises (YMYL-safe)
What You’ll Need to Provide
- Purchase contract
- Rehab budget (if fix & flip)
- LLC paperwork or ID
- Insurance
- Title info
What Is a 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.
Testimonials
“Smooth and fast transaction as the loan was funded in 8 days. They are a pleasure to work with – Strongly Recommended.”
Borna Eftekari
- Agent, Farmers Insurance
“They are always so patient, helpful, and professional. and have helped me so much! This can be such a stressful process, but they make it all so easy.”
Lauren Marcus
- Client
“I have always had a highly professional and honest experience with everyone on their team and would recommend to anyone looking for financing.”
Andrew Bellah
- Owner, The Bellah Group
“Highly recommend Source Capital Funding if you need money fast and you value efficiency. I will go back to them again if I need funding in the future.”
Kendall Heath
- Client
“They were very responsive and extremely helpful and would certainly use them again. I highly recommend their services.”
Alvin Fuchs
- Agent, Keller Williams Realty
“In all my years, I can confidently say they are the most professional, prompt, courteous, and efficient private lender I have ever worked with!”
Greg Shields
- Owner, GSI Appraisals
“Source Capital has been an absolute pleasure to work with throughout. These guys are on top of their game.”
Tyler Hanson
- Associate Broker, Cushman & Wakefield
“The team at Source are consummate professionals who work efficiently and effectively. Simply stated- truly exemplary and professional people”
Paul Elam
- Owner, San Diego’s Real Estate
“The team at Source Capital Funding was fantastic. Their professionalism, speed and solid loan terms is why I will be coming back to close more business with them.”
Sergio Abbud
- Senior Loan Officer, Better Rate Mortgage
“Recently completed another flawless transaction with Source Capital. Why would anyone want to go anywhere else? They’re the best.”
Marianne Bordogna
- Agent, Keller Williams Realty
Recently Funded Transactions
Latest Texas Hard Money Insights
- Blog
Bankruptcy can be a stressful and frustrating process. The good news is, there’s hope after.
- Blog
When purchasing an investment property, your hard money lender is one of the most important
- Blog
Your exit strategy is an essential part of your hard money loan. When your loan
- Blog
Ever wanted to turn a dilapidated property into cash? You can, with a hard money
Deal directly with the lender
Best Uses for Texas Hard Money Loans
Rental Acquisition
- Lorem ipsum dolor sit amet
- consectetur adipiscing elit
- Nulla rhoncus sodales lacus vitae
Bridge Financing
- Lorem ipsum dolor sit amet
- Nulla rhoncus sodales lacus vitae
Cash-Out for Investors
- Lorem ipsum dolor sit amet
- Nulla rhoncus sodales lacus vitae
- sodales lacus vitae Nulla rhoncus
Trust/Estate Loans
- Lorem ipsum dolor sit amet
- Nulla rhoncus sodales lacus vitae
- sodales lacus vitae Nulla rhoncus
Commercial Property Financing
- Lorem ipsum dolor sit amet
- Nulla rhoncus sodales lacus vitae
Frequently Asked Questions
What are the current hard money loan rates in Texas?
Hard money loan rates in Texas usually start at 8.99% and go as high as 13.99%. It depends on the type of property or mortgage you take out.
How do Texas hard money lenders qualify borrowers?
To get a loan from a Texas hard money lender, you need to own or want to purchase real estate. We are an equity-based lender and focus on the asset securing the loan rather than credit, financials, employment or past history.
How fast can I get funded in TX?
You can typically fund and close hard money loans in Texas in roughly 10 days, much like a Texas bridge loan. You should get a firm commitment letter from a lender within 24 hours after submitting your application.
What types of properties qualify for a Texas hard money loan?
Most real estate can be eligible for a hard money loan across Texas. Some examples include multi-family units, offices, retail properties, commercial assets, and industrial complexes.
Who are the best hard money lenders in Texas?
Source Capital is one of the best hard money lenders in Texas based on our approval speed and unwavering commitment to direct asset-based lending. From Fort Worth hard money loans to San Antonio hard money loans, you can get favorable rates and affordable terms in the industry—and in the state. Contact us now to check your eligibility and get fast funding from a premier Texas-based hard money lender.
Get a Texas Hard Money Loan — Fast Funding Available
- Highlights one
- Highlights Two
- Highlights Three
Explore Texas Hard Money Loan Options
How It Works
1. Apply Online
It takes minutes to complete our 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.