Commercial Hard Money Real Estate Loan In Texas
Fuel Your Real Estate Dreams with Direct Commercial Funding’s Hard Money Loans
20+ YEARS OF COMMERCIAL LENDING EXPERIENCE
Direct Commercial Funding Inc. is an equity-based, private commercial lender with delivered capital and unsurpassed service to the Commercial Real Estate community for 20 years and counting.
Our corporate office is located in the business district of beautiful downtown Houston, Texas, and funds loans in all 50 States as well as Internationally.
Direct Commercial Funding Inc. – Commercial Hard Money Real Estate Loan In Texas Investors
Regarding commercial real estate investing, securing the right financing is crucial. That’s why Direct Commercial Funding Inc. is here to help. Our hard money real estate loans Texas are specially designed to provide you with the funding you need for your real estate projects. We understand that commercial real estate lending can be complex, which is why we have a team of experienced professionals ready to assist you. With competitive interest rates, flexible terms, and fast funding options, we are the go-to lender for borrowers in Texas. At Direct Commercial Funding Inc., we believe in personalized financing solutions catering to your needs. Whether you need funding for a large-scale project or a smaller investment, we are here to help you get it done quickly and efficiently.
What are Hard Money Real Estate Loans Texas
Hard Money Real Estate Loan Texas is a short-term loan secured by real estate. Real estate investors typically use these loans to fund commercial properties that traditional lenders may not finance. Commercial hard money loans are often used for purchasing or refinancing commercial properties, bridge financing, and construction financing.
How Direct Commercial Funding Inc. Can Provide Texas Commercial Hard Money Real Estate Loan for Your Commercial Real Estate Project
Direct Commercial Funding Inc. can provide Texas commercial hard money real estate loan solutions for your commercial real estate project by evaluating your project and determining the best financing structure for your needs. Our professional team has years of industry experience and can provide personalized service that meets your unique needs.
Sample Interest Rates and Terms
Interest rates for commercial hard money loans vary depending on the lender but typically range from 8% to 14%. Loan terms can range from six months to three years, and some lenders may offer extensions or renewals.
Benefits of Choosing Direct Commercial Funding Inc. for Your Commercial Hard Money Loan Needs
Choosing Direct Commercial Funding Inc. for your commercial hard money loan needs has several benefits. Our team of professionals takes a personalized approach to lending, working closely with clients to understand their needs and goals. We offer competitive interest rates, flexible terms, and fast funding options, allowing you to fund your projects quickly and efficiently. Additionally, we have years of experience in the industry and have earned a reputation as a trusted and reliable lender.
Overall, commercial hard money loans can be an excellent financing option for real estate investors who need funding quickly and may not qualify for traditional financing options. Direct Commercial Funding Inc. can provide hard money financing solutions tailored to your unique needs and goals.
Who is Eligible for Commercial Hard Money Real Estate Loan in Texas
Eligibility requirements for Commercial Hard Money Real Estate Loan In Texas vary depending on the lender. At Direct Commercial Funding Inc., we have some basic requirements for borrowers seeking hard money loans for commercial real estate or mezzanine lender in Dallas Texas:
Real Estate Collateral: Hard money loans are secured by real estate collateral. Borrowers must have commercial real estate that can be used as collateral for the loan.
Equity: To gain financing for a commercial real estate project, borrowers must have some skin in the game. This means putting down a minimum of 25-30% of the property’s value as equity. Lenders want to see that borrowers have a vested interest in the project’s success and are willing to invest their own funds to ensure it. So, if you’re looking to embark on a commercial real estate venture, be prepared to put up some of your own cash as a down payment.
Exit Strategy: Looking for a quick infusion of cash? Hard money loans could be the answer. These loans are designed to be short-term solutions, which means you’ll need a solid plan for paying them back when the term is up. But if you’re ready to take on that challenge, hard money loans could be a great way to get the financial boost you need.
Experience: To get a loan from lenders for a real estate project, they may want to see that you’ve got some chops in the game. That can mean having experience owning or managing commercial properties or maybe even developing them. So show those lenders what you’re made of!