Google 5-Star Rated Direct Hard Money Lender

Waco Hard Money Loans

Direct hard money lenders in Waco for fast, reliable funding.

What is a Waco Hard Money Loan?

A hard money loan in Waco is a short-term real estate financing tool secured by property collateral. Waco hard money lenders provide local investors and property owners with rapid access to capital in just days. Eliminating the delays and red tape associated with traditional bank loans.

Terms

Up to 65% LTV and loan amounts from $100,000 to $5,000,000.

Speed

Quick and easy access to capital for fast funding.

Requirements

Open to all credit scores or income levels.

Benefits

No prepayment penalties or “junk fees”.

Waco Loan Programs

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Hard Money Loans

Secure short-term, asset-based financing crafted for Waco real estate investors and property developers.
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Bridge Loans

Utilize your existing property equity with a bridge loan in Waco to enable multiple real estate transactions at once.
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Private Money Loans

Get lightning-fast approval with a Waco private money loan for your real estate investments.
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Real Estate Loans

Finance property purchases, improvements, or refinancing for investment real estate throughout the Waco area.
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DSCR Loans

Get ultra-fast funding for long-term rental properties with a Waco 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

Waco 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
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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 Waco Hard Money Loans

What are the current hard money loan rates in Waco?

Rates in Waco typically start around 8.99% but can go as high as 13.99%. The rate depends on the type of mortgage you take out and the type of property it is.
Waco hard money lenders qualify borrowers primarily on the real estate collateral. As an equity-based lender, we assess the property’s value instead of focusing on credit scores, income statements, work history, or prior financial setbacks.
Waco hard money loans generally fund and close within approximately 10 business days. You’ll receive a firm commitment letter from our team within 24 hours after application submission.
Most real estate is eligible for a hard money loan across Waco. This includes but is not limited to multi-family units, industrial complexes, offices, commercial assets, and retail properties.
Source Capital ranks among the top hard money lenders in Waco due to our swift approval process and unwavering focus on asset-based lending. We provide competitive rates and accommodating terms for commercial loans for Waco and Central Texas investors. Contact us today to verify your eligibility and receive fast funding from a premier hard money lender serving the Waco region.