Investor Hard Money Loans
- Property Types:
All 1-4 unit properties considered - Loan Types:
Rehabs, Cash-Outs, Purchases, Refinances - Markets:
Within 2 hours from Houston - Loan Amounts:
$50K-$1.5MM (Minimum $100K outside of Houston) - Amortization:
TBD, Interest-only & 20-year amortizations available - Term:
6-months which can be extend - Rate:
TBD - Fees:
TBD - LTC (Loan to Cost):
Up to 100% - ARV (After Repaired Value):
Up to 75% on “as is” or “after repaired” value if repairs are included - Recourse:
Yes
Rental Property Loans
- Property Types:
1-4 single-family properties - Qualifying:
Must be able to qualify for long-term financing - Markets:
Within 2 hours from Houston - Loan Amounts:
$50K-$400K - Amortization:
Interest-Only - Term:
6-months - Rate:
TBD - Fees:
TBD - LTC (Loan to Cost):
Up to 100% - LTV:
Up to 75% of the “after-repaired” value - Recourse:
Yes
Transactional Funding Loans
Close the loan in your name with the bank or seller and close with your buyer on the same day. 2% fee with a $1,500 minimum
Loan Details
- 375.00 doc prep fee
- Fee will be reduced to 1%* if REI Lending, LLC does the hard money loan for your buyer.
- In most cases, there is no appraisal, survey, or any other fees.
We Don’t Do
- Loan Committees
- Red Tape