Fast Transparent Hard Money for Fix & Flip Projects in DFW
We are a direct asset-based lending firm in Dallas that takes the frills out of the funding process by lending directly from our own capital, not brokering your loan through another lender. Our mission is to fund your investment projects quickly by reducing unnecessary fees and being transparent about expenses related to acquiring capital.
All Fees Deferred to Loan Payoff
We typically charge 3 fees: origination points, appraisal, loan docs. We don’t require our clients to pay these fees until the loan is paid off, without interest. We will pay the appraiser and attorney. Also, interest for the first month can be deferred to payoff.
Property Geographic Area Details
Loan Amounts
Interest Rates
Loan Terms
Origination Fees
Lien Position
Property Types
- 2-4 Units Residential
- Commercial Condominium
- Condominium
- Multifamily
- Retail
- Single Family Residence
Loan Types
- Private Money
- Hard Money
- Residential Fix and Flip
- Residential Rehab and Rent
Specialty Loan Types
- Transactional Funding
Max Loan-to-Purchase Price
90%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 Another Investment Property
- Seller Financing
Experience Required
yesMinimum Number of Value-Add Projects Completed by Borrower
1Will 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
7Maximum After Repair Value
70%Underwriting Fee
$450 Commitment Fee at acceptance of Loan Terms and $450 at Closing
Fees which are mandatory for all new borrower clients
- Underwriting Fee
Contact Lone Star Hard Money
Stay Informed About Private Lending
Lone Star Hard Money is local hard money lending firm located in Dallas, TX. Since opening our doors for business in 2014, Lone Star Hard Money has been funding successful fix & flip, rental, and cash-out deals throughout the DFW metro area. Our success has come from building lasting relationships with clients through competitive rates and transparency through the entire loan process. We provide not only funds for acquisitions and construction, but also offer our expertise and resources every step of the way. As a local lender we pride ourselves on our ability to quickly analyze, fund, and inspect properties to keep our clients working instead of waiting.
Our mission is to fund your investment projects quickly by reducing unnecessary fees and being transparent about expenses related to acquiring capital. Our experience in the DFW Real Estate market sets Lone Star Hard Money aside from other lenders, with local resources ranging from Appraisers to Insurance Agents. Our application process is simple and fast, approvals are based on the presence of a good deal not just your credit score. Apply now and find out how much your project has been pre-approved for today!
Office Locations
2750 Merit Drive, Suite 400, Dallas, Texas 75251Our Team
Jay Mumm
President
Eugene Oller
Underwriter
Contact Lone Star Hard Money
Stay Informed About Private Lending
Contact This Lender
Create a Loan Request
Be more efficient with your lender search. Provide the loan details once, save it, and then share it with multiple lenders.
Contact Lone Star Hard Money 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.