CR Lending
Prosper, TX
Direct Hard Money Lender for Investment Real Estate
We offer hard money loans to real estate investors in Texas, Tennessee and Florida. Loan types include a purchase bridge loan, refinance bridge loan, equity cash out, rehab, and ground-up construction.
100% Financing for Rehab Projects
We can offer 100% financing for fix & flip or rehab & rent projects, up to 70% ARV. We’ll fund 100% of the purchase and 100% of the rehab costs. The borrower just needs to pay points, processing fee and closing costs when the loan closes.
- NO Appraisal for residential properties in Texas, as long as we can pull comps
- (commercial property is case-by-case)
- NO Credit Check
- NO Background Check
- NO Survey
- NO Pre-inspection
- NO Pre-Pay Penalty
- NO Upfront Fees
Please Note: We do NOT offer loans for owner-occupied homes (homesteads) or consumer purposes.
Property Geographic Area Details
Loan Amounts
Interest Rates
Loan Terms
Origination Fees
Lien Position
Maximum Leverage
Purchase Short-Term (no Value-Add):
Refinance Short-Term (no Cash Out)
Refinance & Cash Out Short-Term
Residential Fix & Flip
Residential Rehab & Hold
Multifamily Value-Add
Property Types
- 2-4 Units Residential
- Agricultural
- Assisted Living Facility
- Bed and Breakfast
- Cannabis Dispensary
- Cannabis Grow Facility
- Car Wash
- Child Day Care
- Commercial Condominium
- Commercial Land
- Condominium
- Covered Land
- Event Center
- Golf Course
- Hospital
- Hotel
- Industrial
- Mixed-Use
- Mobile Home Park
- Motel
- Multifamily
- Office
- Portfolio of Commercial Properties
- Portfolio of Residential Properties
- RV Park
- Ranch
- Residential Land
- Retail
- Senior Housing
- Single Family Residence
- Sports Facility
- Storage Facility
- Student Housing
- Timberland
- Winery
Loan Types
- Private Money
- Hard Money
- Residential Bridge
- Residential Fix and Flip
- Residential Rehab and Rent
- Residential Ground-Up Construction
Land Types Considered
- Residential Land
- Multifamily Land
- Industrial Land
- Office Land
- Retail Land
- Agricultural Land
- Special Purpose Land
- Cannabis Use Land
- Covered Land
Will Consider Land That is NOT Entitled
noMax LTV for Land
50%Max LTC for Land Acquisition
100%Max Loan-to-Purchase Price
100%Borrower Must Have Property Under Contract
noWill Provide Proof of Funds Letter
yesWill Consider Lending on Purchase from Auction
noAllowed Source of Borrower’s Equity
- Own Cash
- Partner
- Equity in Another Investment Property
- Seller Financing
- 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
4Maximum After Repair Value
70.00%Development Experience Required
yesMinimum Number of Ground-Up Construction Projects Completed by Borrower
3Max LTC for Ground-Up Construction Costs
90%Interest Charged for Construction Costs
Entire Amount of Total Project CostsWill Lend on Partially Completed Construction Projects
yesProcessing Fee
$1,500
Documents Fee
$550 if not on a rush
Background Check Fee
25
Background Check Fee
25
Extension Fee
1 point
Renovation Construction Draw Fee
150
Fees which are mandatory for all new borrower clients
- Processing Fee
- Documents Fee
- Inspection Fee
- Background Check Fee
- Extension Fee
Fees which are paid to a third party company
- Documents Fee
- Legal Fee
- Inspection Fee
- Background Check Fee
CR Lending Testimonials
Investing with CR Lending has been one of the best decisions we have made.
"Investing with CR Lending has been one of the best decisions we have made. It has allowed us to take an early retirement. Last year we made $74,681.07!!! We are on track this year to make over $90,000! And we don't have to do anything! They have delivered as promised since our first investment in 2009 which has allowed us to continually increase our investment with them. "
Dave and Gilda
Frisco Tx
This is so much better than my money sitting in the bank
"I am so thankful that my father invested with Brent/CR Lending and introduced us! I have had nothing but the best experience and have always been paid on time. This is so much better than my money sitting in the bank and earning almost no interest. Brent's platform is safe, secure, and yields a high return. "
Karen P.
Get In Touch
Stay Informed About Private Lending
We offer Hard money loans to investors that are looking to acquire real estate. We can Offer 100% financing and There is
– NO Application– NO Tax Returns– NO Credit Check– NO Appraisals– NO Pre-Inspection– NO Prepay Penalty– NO Upfront Fee– NO Survey– NO Bank statements– NO Employment
Office Locations
CR LENDING130 N Preston Road, Prosper, TX 75078
Our Team
Brent Conrad
Owner
Get In Touch
Stay Informed About Private Lending
Our Minimum Loan Amount Is
$20,000
What We Do
- Lending to Investors in TX, TN, FL, OK
- Up to 100% LTC for Flip Projects
- Up to 70% LTV for Bridge Loans
Not Available
- NO Owner-Occupied Homes
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