Texas Equity Lending
Texas Equity Lending, established in 1989 in San Antonio, specializes in hard money lending for various investment properties across Texas. They prioritize equity over credit or income documentation, offering quick loan approvals and diverse financing solutions for investors and businesses. Their services support both short and long-term needs.
Common Loan Scenarios
- Investment Properties in Texas Only
- Many Types of Commercial Real Estate
- Land & Agricultural Properites
- Residential Rehabs up to 90% LTP
Scenarios Not Considered
- 100% Financing
- Owner-Occupied Home
- Ground-Up Construction Projects
Property Types
- 2-4 Units Residential
- Adult Day Care
- Agricultural
- Assisted Living Facility
- Auto Dealership
- Auto Repair
- Car Wash
- Child Day Care
- Club
- Commercial Condominium
- Commercial Land
- Community Center
- Condominium
- Equestrian
- Event Center
- Gym
- Hotel
- Industrial
- Marina
- Mixed-Use
- Mobile Home Park
- Motel
- Multifamily
- Night Club
- Office
- Parking Lot
- Place of Worship
- Portfolio of Commercial Properties
- Portfolio of Residential Properties
- RV Park
- Ranch
- Recreational
- Rehabilitation Facility
- Religious Facility
- Residential Land
- Retail
- Senior Housing
- Single Family Residence
- Sports Facility
- Storage Facility
- Student Housing
- Timberland
- Vehicle Parking
Loan Types
- Private Money
- Hard Money
- Residential Bridge
- Residential Fix and Flip
- Residential Rehab and Rent
- Commercial Bridge
- Commercial Long-Term
Specialty Loan Types
- Discounted Note Payoff
- Line of Credit Portfolio of Properties
- Line of Credit Single Property
- Note Purchase
- Partner Buyout
- Residential Long-Term Rental
- Residential Non-Prime
- Residential Short-Term Rental
- Vacation Rental
Agribusiness Types
- Cattle Ranch
- Citrus Grove
- Corn
- Cotton
- Dairy
- Equestrian
- Melons
- Peach
- Peanuts
- Potatoes
- Poultry
- Row Crops
- Swine
- Tree Nuts
- Vegetables
Processing Fee
included in underwriting fee
Documents Fee
$400-$800, as billed by our 3rd party real estate attorney
Settlement Fee
Per title company fees
Escrow Fee
Per title company fees
Title Fee
Per title company fees
Credit Report Fee
$50-$100
Appraisal Fee
BPO fees vary from $250-$500 typically. Full appraisals are as charged by that 3rd party vender. All appraisal and BPO feed collected upfront.
Environmental Report Fee
Collected upfront if required by lender.
Fees which are mandatory for all new borrower clients
- Underwriting Fee
- Processing Fee
- Settlement Fee
- Appraisal Fee
- Inspection Fee
- Escrow Fee
- Title Fee
- Credit Report Fee
Fees which are paid to a third party company
- Documents Fee
- Settlement Fee
- Appraisal Fee
- Escrow Fee
- Title Fee
- Credit Report Fee
Direct Hard Money Lender for Texas Real Estate Investors
Texas Equity Lending was established in 1989. We lend on many types of investment properties, including land and agricultural properties. We specialize in financing for individuals and companies whose needs are not fully met by traditional banks. Loan approvals have an emphasis on EQUITY not credit and income documentation. We have very quick response times and most conditional loan approvals are issued the same day as the loan submission.
We lend in the following Texas markets: San Antonio, Austin, Corpus Christi, Houston, Dallas, Fort Worth.
Please Note: We do not lend on owner-occupied homes (homesteads) or ground-up construction projects.
Texas Equity Lending’s Lending Activity
Data Provided By Elementix
12mo Loan Volume
$6,884,860
12mo Loan Count
34
Total Loan Volume
$118,436,057
Average Loan Size
$205,976
San Antonio Based Hard Money Lender
Great Central Mortgage Acceptance Co. DBA Texas Equity Lending is a family-owned direct hard money lender (not a broker) based in San Antonio, Texas with more than 30 years of experience providing short-term and long-term loans for equity-based real estate loans to investors, developers, business owners. We understand the specific problems and needs of private money lending and focus on financing alternatives for companies and individuals unable to qualify for normal bank financing. We’re a hard money lender that can find loans for those clients looking for quicker or more personalized considerations than a bank can give them.
Most often our loan clients have one or more of the following needs:
- Time Constraints
Most loans fund in 7-14 business days. In some cases, loans can fund in as few as 3 – 5 business days. - Credit / Income Issues
Other lenders have turned down loan due to poor or less than perfect credit, limited financial history, low debt service coverage ratio…etc. - Property Type
Many lenders will not consider various property types such as: churches, day care, auto repair, bars, restaurants, raw land, etc.
We are a Texas lender with a simple loan process and the fastest decisions. What we need to fund a loan is a little as anyone in the industry. There is no loan committee or waiting on an underwriter to send it off to the corporate office. We have both short term interest only balloons as well as 15 year fixed rate programs with longer 3-5 year balloons. Brokers Protected.
Office Locations
Our Team
Chris Dickson
President / Owner
Cyndi Clarkson
Our minimum loan amount is $150,000