Corridor Funding
San Antonio, Texas
Simple. Transparent. Secure. Direct Lender for Real Estate Investors.
Bridge | Fix & Flip | New Construction | Long-Term Rental
Corridor Funding lends to real estate investors looking for a hardworking lender who can make the loans happen, fast and serve as a long-term partner to build your net-worth. We pride ourselves on great service, integrity, and transparency. Our application is very easy, we fund fast and offer fast draws for rehab projects.
Property Geographic Area Details
Loan Amounts
Interest Rates
Loan Terms
Origination Fees
Lien Position
Property Types
- 2-4 Units Residential
- Condominium
- Mixed-Use
- Multifamily
- Portfolio of Residential Properties
- Single Family Residence
Loan Types
- Private Money
- Hard Money
- Residential Bridge
- Residential Fix and Flip
- Residential Rehab and Rent
- Residential Ground-Up Construction
- Residential Long-Term Rental
Specialty Loan Types
- Condo Conversion
- Residential Long-Term Rental
- Transactional Funding
Max Loan-to-Purchase Price
90%Borrower Must Have Property Under Contract
noWill Provide Proof of Funds Letter
yesWill Consider Lending on Purchase from Auction
yesAllowed Source of Borrower’s Equity
- Own Cash
- Partner
- Equity in Subject Property
- Equity in Another Investment Property
- Equity in Primary Residence
- Seller Financing
- Gap Lender
- Crowdfunding
- Family
Experience Required
noMinimum Number of Value-Add Projects Completed by Borrower
0Will Provide Funds for Renovation Costs
yesMax LTC for Renovation Costs
100%Interest Charged for Renovation Costs
Entire Amount of Total Project CostsTypical Number of Days for Funds Draw
2Maximum After Repair Value
70.00%Development Experience Required
yesMinimum Number of Ground-Up Construction Projects Completed by Borrower
1Max LTC for Ground-Up Construction Costs
100%Interest Charged for Construction Costs
Entire Amount of Total Project CostsWill Lend on Partially Completed Construction Projects
yesMinimum Loan Amount
$55,000Maximum Loan Amount
$5,000,000Minimum Interest Rate
4.99%Maximum Interest Rate
6.99%Minimum Origination Fee
2%Maximum Origination Fee
2%Minimum Loan Term
60 monthsMaximum Loan Term
360 monthsMinimum Debt Service Coverage Ratio
1.00Will Lend on a Portfolio of Rentals
YesMinimum Number of Properties
2Maximum Number of Properties
20Minimum Property Value
$75,000Processing Fee
Typically $885 for most loans
Fees which are mandatory for all new borrower clients
- Processing Fee
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Jasen Miller and Jason Hirko founded Corridor Funding in 2016 after noticing an absence of debt liquidity available in the short-term value add space of real estate investing. Jasen and Jason take pride in their partnerships with investors to help bring their goals to fruition.
By the end of 2016, Corridor Funding was funding short-term value add loans in all major MSAs of Texas. Today the company serves hundreds of loyal real estate investors in Texas, Missouri, Kansas, Tennessee, North Carolina, South Carolina, Georgia, Tennessee and Florida.
Corridor Funding creates an environment that promotes longevity in investments without the hassle of the traditional bank application process. Our unique strategy allows investors to accomplish goals that they otherwise could not with banks or traditional hard money lenders, which is why 84% of our business are repeat clients. We take on the role of more than an advisor; we are your confidante, friend, and mentor, Lending the Way throughout the process.
Associations
- American Association of Private Lenders (AAPL)
- National Private Lenders Association (NPLA)
Office Locations
San Antonio, TexasOur Team
Jason Hirko
Managing Partner
Jasen Miller
Managing Partner
Grayson Wester
VP of Marketing & Sales
Get In Touch
Stay Informed About Private Lending
Our Minimum Loan Amount Is
$80,000
What We Do
- Bridge, Rehab, Rental, Construction Loans
- SFR, Condo, Multifamily, Mixed-Use
- LTP up to 90% and 100% LTC for Flips
- LTC up to 100% for New Construction
- Seller Financing or Gap in 2nd Position OK
Not Available
- NO Owner-Occupied Homes
- NO 100% Financing
- NO Land Loans
- NO Rural Areas
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Contact This Lender
Contact Corridor Funding by whichever method you choose.
If you submit a loan request or email, it will be sent to the lender, and they will reply to you directly. A copy will be saved in our database. We will not share your information unless you ask us for recommendations.