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Loan Ranger Capital is one of the few locally owned and operated direct hard money lenders in Texas. With boots on the ground in each metro area, we have firsthand local knowledge to help add value to your project. We’re a direct lender so you’ll always be talking to a local decision maker. Some of the advantages of borrowing from Loan Ranger Capital are:
- A much less complicated application process is required for the lender to make a final loan decision.
- No credit checks! No personal financial statements, tax returns, etc. We underwrite based on the asset only.
- Fast approval and funding. Loan Ranger Capital will review your application and provide you with a loan quote within 24 hours!
- Because we are able to underwrite all of our loans in-house, we can fund your loan in as little as 3 days if all parties are prepared.
Property Geographic Area Details
Major metros in Texas. Areas inside and surrounding Austin, Dallas/Ft Worth, Houston, San Antonio
Loan Amounts
$50,000 to $3,000,000
Interest Rates
11.9% to 13.9%
Max Loan-To-Value
75%
Max Loan-To-Cost
100%
Origination Fees
2% to 3%
Loan Terms
6 months to 24 months
Lien Position
- 1st
Loan Purpose
- Investment Acquisition
- Investment Refinance
- Improve Subject Property
- Use Equity to Invest in Another Property
- Value Add Project
- Development Project
Property Occupancy
- Vacant
- Tenant Occupied Partial
Minimum Occupancy Percentage
0%
Property Types and Loan Types
Collateral Types
- Residential Property
Property Types
- 2-4 Units Residential
- Single Family Residence
Loan Types
- Private Money
- Hard Money
- Residential Bridge
- Residential Fix and Flip
- Residential Rehab and Rent
- Residential Ground-Up Construction
Purchase Loan
Max Loan-To-Purchase Price
100%Borrower Must Have Property Under Contract
yesWill Provide Proof of Funds Letter
yesWill Consider Lending on Purchase from Auction
noAllowed Source of Borrower’s Equity
- Own Cash
- Partner
- Equity in Subject Property
- Equity in Another Investment Property
- Equity in Primary Residence
- Seller Financing
- Crowdfunding
- Family
Rehab Value Add Loan
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
Only on Funds DrawnTypical Number of Days for Funds Draw
2Construction Loan
Development Experience Required
noMinimum Number of Ground-Up Construction Projects Completed by Borrower
0Max LTC for Ground-Up Construction Costs
100%Interest Charged for Construction Costs
Only on Funds DrawnWill Lend on Partially Completed Construction Projects
yesDetails and Requirements
Typical Closing Time (Days)
5Fastest Closing Time (Days)
1Works With
- Brokers
- Borrowers
Payment Structure
- Interest Only
Pre Payment Penalty
no
Will lend to a foreign national
yes
Will Allow Junior Position Mortgage(s) Behind Our Senior Mortgage
yesWill Consider Collateralizing Multiple Properties in One Loan
yesWill Consider Equity Joint Venture
yes
Borrower Entity Types Considered
- Individual(s)
- LLC
- Limited Partnership
- Corporation
- Self-Directed IRA
Documentation Required
- Loan Application
Personal Guaranty (Recourse) Required
AlwaysCredit Check Required
noAppraisal Required for Residential Property
NeverBroker Price Opinion (BPO) Accepted for Residential Property
SometimesFees
Documents Fee
Fees which are mandatory for all new borrower clients
- Documents Fee
- Renovation or Construction Funds Draw Fee
Fees which are charged upfront prior to loan closing
- Documents Fee
Loan Ranger Capital is different than other hard money lenders. We’re locally based and take pride in our first-hand market knowledge. Unlike many lenders, we’re a direct lender, which means we always have cash on hand and never broker/sell your loan. We take our commitment to you seriously, which is why we perform all lending operations in house. From underwriting to servicing you’ll only ever have one point of contact.
No matter if you’re looking for funding for a fix and flip, construction project, or even a bridge loan, we have financing options to help with any funding need. With a long track record of proving our speed and reliability, Loan Ranger Capital is excited to help you with your next deal.
Year Established
2015
Office Locations
2235 E 6th Street, Suite 103 , Austin, Texas 78702Primary Capital Source
- Own Funds
Loan Structure for Majority of Loans
- Own Balance Sheet
Percentage of company’s lending business focused on private mortgage
100%
Percentage of Loans Secured by Residential Property
100%
Percentage of Residential Property Loans Which are Fix and Flip
70%
Percentage of Residential Property Loans Which are Buy and Hold
10%
Percentage of Loans Secured by Land
10%
Total Number of Loans Funded to Date
750
Total Loan Volume Funded to Date
$250,000,000
2017 Number of Loans Funded
200
2017 Loan Volume Funded
$100,000,000

Zack Lofton
Founder & CEO
Our founder and CEO, Zack, has a passion for real estate and uses this to help our borrowers succeed. After a career in corporate commercial lending, he knew there should be an easier, common sense, approach to lending. Having grown up around construction, private lending was a natural fit. Loan Ranger Capital started as a small local lender which lent to a few friends and referrals. With a true entrepreneurial spirit, Loan Ranger Capital has grown significantly over the years while staying true to its roots of always putting its borrowers’ success first. Zack interacts directly with clients on a daily basis and borrowers have direct access to him at all times. When he’s not working, there’s a good chance you’ll find Zack at Zilker Park with his wife (Ali) and two dogs (Tito and Pickles).

Nik Petrik
Controller
Nik is currently the Controller at Loan Ranger Capital. He brings a degree from Pepperdine University in Economics with a Finance emphasis, in addition to his attention to detail while helping the company grow. Nik manages the portfolio at Loan Ranger Capital, including anything from accounting and portfolio analysis to ensuring that all draw requests are done as quickly as possible. He takes a vested interest in every project, striving to ensure each project is successful for both the borrower as well as Loan Ranger Capital. Nik currently resides in Austin and as a proud Austinite, is excited to continue to give back to the community.

Pat Skelton
Loan Coordinator
Pat is the Loan Processor at Loan Ranger Capital and continues to be an integral part of the team. She has extensive experience in the financial industry, working over 10 years as an Investment Accounting Administrator and Reporting Coordinator. In that time, she acquired her Brokers License and gained valuable experience in investments and accounting processes. In addition to that, she worked for five years as an Administrator at a local girls’ school where her daughter attended. Pat is a Texas native and graduated from Southwest Texas State. In her spare time, you might catch her running on Lady Bird Lake, or spending time with her family which includes her two adorable canines, Blue and Bailey.
Completed Transactions
Loan Ranger Capital
Austin, TX
$50,000
Purchase
Loan Ranger Capital
Austin, TX
$1,250,000
Purchase