Waco Hard Money Loans

Name: Source Capital Funding, Inc., West Broadway, San Diego, CA, USA
Rating: 4.9

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.

Waco Loan Programs

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What Texas Borrowers Say About Us

      
 Excellent4.9385 reviews
 4.9
 Excellent385 reviews
 
 
 
   
 
 
      Posted on Google  
   
   Coleen Donovan 
 11 September 2026
 
 
 Trustindex verifies that the original source of the review is Google. Source Capital was able to make a hard money loan happen where the buyer's credit score was in the 500's.  It took 9 days from start to finish!  He can get loans done when getting approval seems impossible!!
  
 
     Posted on Google  
   
   Tony Ciccarelli 
 11 September 2026
 
 
 Trustindex verifies that the original source of the review is Google. Sacha and Marie were exceptional to work with!  very professional, excellent communication and everything went exactly as Sacha conditioned us that it would. I will definitely use them for financing any chance that I can.
  
 
     Posted on Google  
   
   Seth Fink 
 3 September 2026
 
 
 Trustindex verifies that the original source of the review is Google. Sacha, Ryan and the Source Capital team are fantastic! We have worked with them for years, and their committment to excellence and client service is top notch!
  
 
     Posted on Google  
   
   Bill Rothman 
 2 September 2026
 
 
 Trustindex verifies that the original source of the review is Google. Sacha and the whole team at Source Capital Funding were a pleasure to work with and exceeded our expectations.  We will definitely work with them on our next opportunity!
  
 
     Posted on Google  
   
   Carly Cox 
 31 August 2026
 
 
 Trustindex verifies that the original source of the review is Google. Sacha is truly one of the best people to work with. He is incredibly responsive, thorough, and always goes the extra mile to make sure everything is handled correctly. He catches the little details and always follows through! On top of that, he’s just genuinely great to work with. If you get the opportunity to work with Sacha, you’re in very good hands. Highly recommend!
  
 
     Posted on Google  
   
   Bryce Matheson 
 31 August 2026
 
 
 Trustindex verifies that the original source of the review is Google. Sacha is TOP NOTCH. I could not be happier working with him or anyone on his team. He's fast, absurdly responsive, and detail oriented to a degree that borders on supernatural. If there's a typo buried on page 40, he's already fixed it. Seriously, don't look anywhere else for a loan. Sacha is the man.
  
 
     Posted on Google  
   
   ben sanchez 
 27 July 2026
 
 
 Trustindex verifies that the original source of the review is Google. I was looking for a little relief financially and I found it with Source Capital funding Inc., I live in the Dallas/FW area and my experience from the beginning to the end was very easy and smooth. Everyone was very supportive and really cared to help my situation. The funding was quick and the paperwork was painless. Thank you for all your help, Ben S
  
 
     Posted on Google  
   
   Phil Clarke 
 8 July 2026
 
 
 Trustindex verifies that the original source of the review is Google. Source Capitol Funding Inc is a very good mortgage company, they will look at every option to help you with obtaining a  mortgage at the lowest rates available. I would highly recommend this company if you are looking for a mortgage.
  
 
     Posted on Google  
   
   Daryl Rebeck 
 16 June 2026
 
 
 Trustindex verifies that the original source of the review is Google. Sacha at Source was a lifesaver for me on a hard to aquire loan due to being a Canadian citizen with a property in the US. He worked hard to secure funding for me and was very easy to deal with and quick on answers and help when needed. Highly recommend him.
  
 
     Posted on Google  
   
   A V 
 3 June 2026
 
 
 Trustindex verifies that the original source of the review is Google. Sasha helped me out on a loan I really needed, holding my hand from start to finish.  Highly recommend!

How It Works

Apply Online

It takes minutes to complete our online application to get prequalified for a loan.

Get Approval

Private-Hard-Money-Lender-Approvedlarger

After underwriting your loan, we will provide you a written Loan Commitment providing loan terms for approval.

Loan Funded

In a matter of days, not weeks like most lenders, the loan is funded through escrow and funds wired to you directly.

Pay Monthly

You make monthly payments via mail, phone or direct deposit. It’s that easy.

Why Source Capital Is One of the Best Hard Money Lenders in Texas

Diverse Financing Solutions

We offer customizable financing solutions for real estate investors throughout Waco and the Central Texas corridor.

Competitive Rates

We deliver competitive interest rates between 8.99% to 11.99% for real estate loans in Waco.

Proven Success

We’re proud to be an A+ Accredited Business fully committed to efficient funding and ethical business practices.

Strong Brand Recognition

We’re a renowned private money lender in Texas with prominent features in Business Insider, MSN, and Realtor.

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 70% LTV (1st Position) Up to 60% 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:

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

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

Loans Funded

Total Amount Funded

$ 550000000 .00

Recently Funded Transactions

Austin, Texas Hard Money Refinance Loan

$2,200,000

Mansfield, Texas Hard Money Refinance Loan

$155,000

Burleson, Texas Hard Money Refinance Loan

$175,000

Lufkin, Texas Hard Money Refinance Loan
Commercial

$650,000

Prosper, Texas Hard Money Refinance Loan

$800,000

Weatherford, Texas Hard Money Refinance Loan

$750,000

Austin, Texas Hard Money Blanket Refinance Loan

$900,000

Georgetown, Texas Hard Money Refinance Loan

$265,000

Flower Mound, Texas Hard Money Refinance Loan

$160,000

Richardson, Texas Hard Money Refinance Loan

$295,000

Hard Money Loan Resources for Texan Borrowers

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California’s real estate market moves fast. Whether you’re purchasing an investment property, funding a renovation,

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Hard Money Loan Example: How It Works

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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.

How do Waco hard money lenders qualify borrowers?

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.

How fast can I get funded in Waco?

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.

What types of properties qualify for a Waco hard money loan?

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.

Who are the best hard money lenders in Waco?

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.