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Malve Capital LLC
Fast And Easy Real Estate Loans. Closing as fast as 5 business days, subject to clear title.
Texas Fix & Flip Loan Stats
According to private lending data provider, Analytics Logics, the average interest rate for fix & flip loans in Texas is 10.92%. The average loan amount is $218,530. These stats are the average of all the loans which were funded between April 1, 2023 and September 15, 2023 by the many private lenders who use Liquid Logics’ loan origination software to manage their lending operations.
Fix & flip loans include the purchase of the property and the renovation budget, with the loan-to-after-repair value typically being no more than 70%.
Funded Fix & Flip Loans in San Antonio
Purchase Bridge Loan for Single-Family Residence in San Antonio, Texas
Park Place Finance, a national direct private lender, funded a $739,650 1st lien position bridge loan for the acquisition of a single-family home in San Antonio, TX. We funded 75% of the $986,200 purchase price and the Borrower contributed 25% cash at closing. This was a first-time Borrower with Park Place Finance, introduced to them by a Broker Referral. The interest rate was 11.99%. The loan term was set at 12 months. This SFR purchase bridge loan was funded in July 2023.