Google 5-Star Rated Direct Hard Money Lender

El Paso Hard Money Loans

Direct hard money lenders serving El Paso and West Texas for reliable and fast funding.

What is an El Paso Hard Money Loan?

A hard money loan in El Paso is a short-term real estate financing option secured by property collateral. Hard money lenders provide El Paso property owners and investors with quick access to capital in just days, bypassing the lengthy approval processes of traditional banks.

Terms

Loan amounts from $100,000 to $5,000,000 and up to 65% LTV.

Speed

Direct access to capital for fast funding.

Requirements

No income requirements and no minimum credit score needed.

Benefits

No “junk fees” or prepayment penalties.

El Paso Loan Programs

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Hard Money Loans

Receive short-term, asset-based hard money loans in El Paso.
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Bridge Loans

Tap into your property equity with a bridge loan in El Paso to finance overlapping real estate purchases and sales.
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Private Money Loans

Receive fast approval for your real estate ventures with a private money loan in El Paso.
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Real Estate Loans

Utilize real estate loans for acquiring, renovating, or refinancing investment properties.
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DSCR Loans

Get speedy funding for long-term rental properties with an El Paso DSCR loan.

What Texas Borrowers Say About Us

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.
Deal Directly with the Lender

El Paso 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

From Austin to Dallas, we fund real estate loans across the state:

As Featured In

Testimonials

Loans Funded
0
Total Amount Funded
$ 550000000 .00

Recently Funded Transactions

Hard Money Loan Resources for Texan Borrowers

Apply now to get flexible, asset-based Austin real estate loans today

Frequently Asked Questions about El Paso Hard Money Loans

What are the current hard money loan rates in El Paso?

Hard money loan rates in El Paso typically range from 8.99% to 13.99%. Your specific rate is determined by the property type and whether it’s a first or second lien position.
El Paso hard money lenders approve loans based on the real estate collateral itself. We’re an equity-based lender, which means we evaluate the property value securing your loan rather than personal credit, financial statements, employment status, or borrowing history.
El Paso hard money loans generally close within 10 business days, comparable to bridge loan timelines. After submitting your application, expect to receive a firm commitment letter from us within 24 hours.
Most commercial and investment real estate throughout West Texas qualifies for a hard money loan. Our El Paso commercial loans cover property types including multi-family residential buildings, office buildings, retail storefronts, commercial real estate, and industrial warehouses.
Source Capital is recognized as a leading hard money lender in El Paso thanks to our expedited approval timeline and firm commitment to asset-based lending. We provide competitive rates and favorable loan terms for West Texas investors. Contact us today to check your eligibility and obtain fast funding from a premier hard money lender serving the El Paso area.