Preferred Lenders
Blue Arrow Lending
Blue Arrow Lending is an excellent all-purpose lender. No matter your situation, Blue Arrow Lending has a solution including:
- VA Loans
- USDA Loans
- Conventional Loans
- Fix and Flip Loans
- FHA Loans
- Construction Loans
- Buy Before You Sell loans
- DSCR Loans
- Renovation Loans
Compete Successfully With Cash Buyers
Homeward Mortgage
Their Buy With Cash Program lets a traditional buyer compete with investor cash offers. Today's market is very competitive. Consider a Seller with 2 almost identical offers: One is cash and can close in 10 days; The other requires loan approval and will close in 30-45 days. The Seller will most likely take the cash offer. Click Buy With Cash Fact Sheet for printable information without having to register.
Specialty Lenders for Investors
Coach Lamp Capital LLC
Coachlamp Capital LLC is a hard money lender for the greater Austin Area. They are known for customer service and very quick turnarounds.
Easy Street Capital
Easy Street Capital has loan programs for every type of investor borrower. Regardless of experience or credit, they can finance your next investment property. Whether you are buying a property to fix up, build new construction, or generate cash flow from rental units, Easy Street Capital has the solution. As fully discretionary lenders, they can customize a loan specifically to meet your individual needs. They look forward to assisting you with your next project.
Little City Investments
Little City Investments provides quick, straightforward hard money loans for residential and commercial real estate deals in Austin, TX. Their hard money loans are a great alternative to traditional bank financing because the loans are primarily based on property value instead of personal credit or borrower background. The loan terms are simple, no appraisal is required and the approval process is fast. Little City Investments has experience lending to real estate investors and house-flippers and can close quickly.
Park Place Finance
When other lenders are too rigid in their pre-qualifications or are moving too slowly for your needs, Park Place Finance can step in to fill the gap. Put their speed, responsive service, and simple hard money loan products to work for you. The hard money loan is designed to assist real estate investors who would like to close quickly on real estate purchase transactions or to access existing equity on real estate already owned. Park Place Finance’s hard money loan is a fast and easy solution to realize your next investment opportunity. If you have a viable exit strategy that is short-term—within 12 months of the funding of the loan—Park Place Finance’s standard hard money loan is an excellent loan product to consider. This loan must be in the first lien position on either residential, multi-family, or commercial real estate; they do not extend hard money loans for land purchases.
Pleasant Funding, LLC
Pleasant Funding's friendly, knowledgeable and diligent staff has a singular focus on investors. They are poised to help maximize your portfolio by offering products that are geared to investment and commercial properties including the following loan products:
- 80% LTV Purchase
- Rehab Loans Up to 90% LTV
- Cash-Out Refinance Up to 75% LTV
- Stated Income (Minimum Credit Score 500)
- Alt-A Loans
- Rate & Term Refinance
- Hard Money Loans
- Foreign Nationals
- Minimum Loan Amount $50K, No Maximum
- Family Trust
- LLCs/Corporations/LLPs/IRAs
- Airbnb & Short Term Rentals
- No Seasoning Required Refinances
Financial Resources for Investors
If you are looking for a "hard money lender" or want to buy or sell mortgage notes or need specialized financial spreadsheets, explore this site.
Other Specialty Lenders & Loans
Capital Farm Credit
Capital Farm Credit is a customer-owned cooperative, providing financing to rural landowners, country homeowners, agricultural operators, and agribusiness firms throughout Texas. It is the state’s largest cooperative rural lender.
FHA 203K Loans
The Federal Housing Administration’s (FHA) 203(k) Rehabilitation Mortgage Insurance Program (203(k) Program) allows homebuyers or homeowners to combine the costs of rehabilitation or repair with the cost of purchasing or refinancing the home into a single mortgage. The 203(k) Program can be used to finance the rehabilitation and repair of one- to four-unit properties and is a great option for homeowners wishing to remodel rather than move or make energy-saving improvements
USDA Direct Loans Versus USDA Guaranteed Loans
The USDA offers two different loan options to help rural families achieve the dream of homeownership: the USDA Guaranteed Loan and the USDA Direct Loan. The primary difference between the two programs is who funds the loan. With the guaranteed loan, a USDA-approved lender issues the loan. However, with the direct loan, the USDA issues the loan and provides payment assistance in the form of a subsidy. While both loan programs aim to boost homeownership in rural areas, the two programs have significant differences and are meant for two very different financial situations. Both of these loans are 100 percent financing (NO DOWNPAYMENT) and no Mortgage Insurance. This website explains the difference.
USDA Singe Home Repair Loans and Grants
This program is also known as the Section 504 Home Repair program. It provides loans to very-low-income homeowners to repair, improve, or modernize their homes or provides grants to elderly, very-low-income homeowners to remove health and safety hazards.
