Texas Private Money Lenders
Seeking a private money loan secured by real estate in Texas? On this page you'll find a list of direct private money lending companies that offer fast funding for a TX property purchase, refinance, or equity cash out in 1st lien postition. Private money loans are for short-term (3-24 months) and primarily qualify based on equity in the subject property, at least 30% for most lenders.Searching...
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Park Place Finance
Nationwide Direct Private Lender for Residential Real Estate Investors
Malve Capital LLC
Fast And Easy Real Estate Loans. Closing as fast as 5 business days, subject to clear title.
Old North Capital Fund, LLC
True asset-based financing | No credit check, No appraisals, No prepay
RCN Capital
Direct Lender for Residential Fix & Flip, Long-Term Rental, Bridge Loans
Yieldi LLC
Direct Lender for Investment Properties - Bridge, Rehab, Construction
RBI Private Lending
Direct lender, specialized in Bridge, Fix and Flip and Construction. FN and new investors welcome.
Precision Capital
We Are In The Business of "YES"
Lima One Capital
The Nation's Premier Lender for Real Estate Investors
Center Street Lending
Smarter Loans for Residential Property Investors
Streamline Funding
We help Real Estate Investors Grow
Easy Street Capital
Direct Lender for Residential Flips and Rentals
Capital Fund 1, LLC
Reliable Private Money for Your Real Estate Projects
Eagle Point Lending
Asset-Based Lender for Texas Real Estate Investors
Kiavi
Servicing 12,000+ Real Estate Investors Across the Country
Diya Finance
Bridge and Rental Loans Made Easy
CR Lending
NO Credit Check, NO Appraisal / Survey, NO Prepay | 100% LTC for Fix & Flip
Texas Equity Lending
Direct Lender | Quick, simple process with FAST approvals and funding
Conventus
We Fund Fast While Providing Excellent Service and Competitive Pricing
i Fund Cities
Great F#*%ing Loans, Built By Investors For Investors
HouseMax Funding
Hard Money Loans to Fund Your Next Big Project
American Heritage Lending
Direct Lender for Residential Real Estate Investors Nationwide
LendingOne
Rental, Fix & Flip, Construction & Multifamily Bridge Loans Nationwide
Boomerang Capital Partners
The Best Flippin' Lender for House Flippers
Texas Private Money Interest Rates
According to the private money loan documents software company, Lightning Docs, the average interest rate for Texas private money loans in the 1st quarter of 2024 was 11.28%. The average loan amount was $440,860. These stats are the average of 311 short-term loans (including bridge, rehab, and ground-up construction) funded for investment properties in Texas between January 1, 2024 and March 31, 2024 by multiple private lending companies that use Lightning Docs as their preferred software provider to prepare loan documents.
According to private lending data provider, Analytics Logics, the average interest rate for Texas private money loans in the 1st quarter of 2024 was 11.08%. Lenders charged an average of 2.5% points (origination fee). The average LTV (loan-to-value) for private money loans in Texas was 68%, and the average loan amount was $288,620. These stats are the average of all the loans which were funded between January 1, 2024 and March 31, 2024 by the many private lenders who use Liquid Logics’ loan origination software to manage their lending operations.
Top 10 Texas Private Lenders
According to Forecasa™, here are the Top 10 Private Lenders ranked by the number of private mortgage loans originated in Texas the last 12 months from March 2024.
- Capital Fund I LLC
- Kiavi
- Searchers Capital Fund
- Renovo Financial
- Longhorn Investments
- Wildcat Lending
- Boomerang Capital Partners
- Loan Ranger Capital Investments LLC
- Easy Street Capital
- 212 Loans LLC
Forecasa™ provides analytics data for Texas private lending on a quarterly basis. You’ll find their top lenders data for many other states on our platform.
Funded Private Money Loans in Texas
Equity Cash Out Loan for SFR Portfolio in New Braunfels, Texas
$1,563,596
Bench Equity, a private money lender for alternative loans, funded a $1,563,596 equity cash-out loan in 1st lien position secured by a portfolio of 4 residential properties located in New Braunfels, Pflugerville, and Kyle, TX. The value of all 4 properties was estimated to be $1,954,494 so our loan-to-value was 80%. The Borrower is a very experienced investor who specialized in house flips and completed 15+ deals using Bench Equity’s flexible financing. Their wealth of experience and stellar payment history allowed us to offer 80% of their post-rehab value without requiring appraisals, background checks, or bank statements. All four properties were owned free and clear of any debt. The subject properties were newly renovated and vacant at closing. The Borrower plans to sell the property upon completion of rehab, and eventually sell it as an exit strategy. The interest rate was 11.5%. The loan term was set at 6 months. This equity cash-out loan was funded in November 2022.