Hard Money Loans to Fund Your Next Big Project

HouseMax Funding is a Texas based lender with a national footprint. Our team has over 25 years of lending experience and over 50 years of collective Real Estate sales, and investing. We have funded over 3,500 deals and flipped more than 3,000 houses. The HouseMax team offers a special hands-on approach and truly enjoys and values time spent with borrowers and helping them to achieve their mortgage needs. We get you. We got you. Let’s go!

Fix & Flip Loans
We offer Short-term financing custom-tailored for your scenario. We offer same-day approval with a quick close.

Rental Loans
We offer DSCR long-term rental loans. These loans are fast and easy. We use the rent from the property to qualify the income. Get approved in minutes!

The Loan Process
Call or email HouseMax Funding to discuss your deal(s). We will be able to help you pre-qualify the deal over the phone in a matter of minutes. If the numbers make sense for all parties, it’s time to get to work.

Please note: We do not offer loans for raw land, commercial properties, or owner-occupied homes.

Property Geographic Area Details
Urban and Suburban Areas Nationwide except AK, AZ, NV, ND, SD, VT
Loan Amounts
$75,000 to $7,000,000
Interest Rates
7.0% to 12.99%
Loan Terms
12 months to 360 months
Origination Fees
1% to 4%
Lien Position
1st
Collateral Types
  • Residential Property
  • Commercial Property
Loan Purpose
  • Investment Acquisition
  • Investment Refinance
  • Improve Subject Property
  • Use Equity to Invest in Another Property
  • Invest in a Business
  • Business Working Capital
  • Value Add Project
  • Development Project
  • Personal Use
Property Occupancy
  • Vacant
  • Tenant Occupied 100%
  • Tenant Occupied Partial

Maximum Leverage

Purchase Short-Term (no Value-Add)
Max LTP Residential: 75%
Max LTP Multifamily: 75%
Purchase Long-Term
Max LTP Residential: 80%
Max LTP Multifamily: 80%
Refinance Short-Term (no Cash Out)
Max LTV 1st Lien Residential: 75%
Max LTV 1st Lien Multifamily: 75%
Refinance & Cash Out Short-Term
Max LTV 1st Lien Residential: 75%
Max LTV 1st Lien Multifamily: 75%
Refinance Long-Term
Max LTV Residential: 80%
Residential Fix & Flip
Max LTP: 85%
Max LTC: 90%
Max LTARV: 70%
Residential Rehab & Hold
Max LTP: 85%
Max LTC: 90%
Max LTARV: 70%
Multifamily Value-Add
Max LTP: 85%
Max LTC: 90%
Max LTARV: 70%
Residential Construction
Max LTP Land: 85%
Max LTC: 80%
Max LTCV: 65%

Property Types

  • 2-4 Units Residential
  • Condominium
  • 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

  • Line of Credit Portfolio of Properties
  • Line of Credit Single Property
  • Note Purchase
  • Residential Long-Term Rental
For rehab projects, borrower must contribute at least 15% cash toward the purchase. We do not allow gap funding or seller financing.

Max Loan-to-Purchase Price

85%

Borrower Must Have Property Under Contract

no

Will Provide Proof of Funds Letter

yes

Will Consider Lending on Purchase from Auction

yes

Allowed Source of Borrower’s Equity

  • Own Cash
  • Partner
  • Family

Experience Required

no

Minimum Number of Value-Add Projects Completed by Borrower

0

Will Provide Funds for Renovation Costs

yes

Max LTC for Renovation Costs

100%

Typical Number of Days for Funds Draw

3

Maximum After Repair Value

70%
We only provide ground-up construction loans to experienced builders that have completed at least 4 successful projects. Borrower must contribute at least 15% of the total construction costs.

Development Experience Required

yes

Minimum Number of Ground-Up Construction Projects Completed by Borrower

4

Max LTC for Ground-Up Construction Costs

80%

Interest Charged for Construction Costs

Only on Funds Drawn

Will Lend on Partially Completed Construction Projects

yes

Minimum Loan Amount

$75,000

Maximum Loan Amount

$6,000,000

Minimum Origination Fee

1%

Maximum Origination Fee

4%

Minimum Loan Term

60 months

Maximum Loan Term

360 months

Maximum Loan-To-Value

80%

Maximum Loan-To-Purchase

75%

Minimum Debt Service Coverage Ratio

1.00

Will Lend on a Portfolio of Properties

Yes

Minimum Number of Properties

5

Minimum Property Value

$50,000

Maximum Property Value

$2,000,000

Documents Fee

$995 paid at funding

Minimum Origination Fee Amount

$3,000

Fees which are mandatory for all new borrower clients

  • Appraisal Fee

Fees which are paid to a third party company

  • Title Fee

Details and Requirements

Typical Closing Time (Days)

10

Fastest Closing Time (Days)

3

Payment Structure
  • Interest Only
  • Amortized
Pre Payment Penalty

no

Will lend to a foreign national

yes

Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage

no

Will Consider Collateralizing Multiple Properties in One Loan

yes

Will Consider Equity Joint Venture

no

Borrower Entity Types Considered
  • LLC
  • Limited Partnership
  • Trust
  • Corporation
  • Self-Directed IRA
Documentation Required
  • Credit Report
  • Bank Statements
  • Loan Application
Credit Check Required

yes

Minimum Credit Score Required

649

Appraisal Required for Residential Property

Always Before Funding

Appraisal Required for Commercial Property

Always Before Funding

Broker Price Opinion (BPO) Accepted for Residential Property

Never

Broker Price Opinion (BPO) Accepted for Commercial Property

Never

HouseMax Funding Testimonials

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TEXAS ROOTS. WALL STREET ATTITUDE.

One of the fastest growing hard money lenders in America! Our team has over 25 years of lending experience and over 50 years of collective Real Estate sales, and investing. We have funded over 1,250 deals and flipped more than 3,000 houses. The HouseMax team offers a special hands-on approach and truly enjoys and values time spent with borrowers and helping them to achieve their mortgage needs.

WHY PARTNER WITH HOUSEMAX

  • Experts in our field
    Leave it to the experts! HouseMax has operated almost every facet of the real estate industry. Our goal is to lead with expert knowledge and technology to help design the loan program that works best for you.
  • Project Variety
    Whether you are a builder, planing to remodeling, or flip a house we are here to assist!
  • The Right Loan
    Looking for the right loan? Whether Hard Money or Bridge Loan, we can help guide you in making the right choice.
  • Team Work Ethic
    We’re here for you! We are committed to quality customer service and helping from start to finish. Nothing pleases us more than helping our clients achieve their dreams.
  • Dynamic Partnership
    World class service and a large team to ensure a smooth process.
  • Efficiency
    Don’t waste any time! Call or email HouseMax Funding to discuss what loan option may be best for you. Get pre-qualified in minutes. Once qualified, our goal is to fund your loan in 10 days or less!
Company Size (Number of Employees)

49

Year Established

2017

Associations

  • American Association of Private Lenders
  • National Private Lenders Association

Office Locations

901 S Mo Pac Expy Bldg 4 Ste. 125, Austin, Texas 78746

Primary Capital Source
  • Own Funds
  • Debt Fund We Manage
  • Bank Credit Line
  • Life Insurance Companies
Loan Structure for Majority of Loans
  • Own Balance Sheet
Percentage of Loans Secured by Commercial Property

5%

Percentage of Loans Secured by Residential Property

95%

Total Number of Loans Funded to Date

2,700

Total Loan Volume Funded to Date

$1,200,000,000

Our Team

Jeff Fechter

Co-Founder & CEO

Alex Morris

Co-Founder

Doug Roberts

SVP

Contact HouseMax Funding

HouseMax Funding pays us to be listed, so there is no fee to connect with them directly.

Stay Informed About Private Lending

Receive our monthly newsletters with valuable insights and industry updates
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BEFORE YOU CONTACT THIS LENDER

Our Minimum Loan Amount Is

$75,000

What We Do

  • Nationwide lending
  • Single Family Homes & 2-4 Units
  • Focused on Rehab Projects
  • Simple Application, Fast Approval

Not Available

  • 100% Financing
  • Owner-Occupied Homes
  • Rural Areas
  • Land Loans

Send an email to HouseMax Funding