Terms and Fees

Loan Terms Loan Requirements Draws Application Requirements Transactional Funding 48 hours closing possible Loan terms are 6-24 months depending on borrower and project Interest rate ranges from 10.5%-14% 2-3 points/loan origination fee Interest payments will be due...

Loan Requirements

Loan Terms Loan Requirements Draws Application Requirements Transactional Funding Property must be in Texas Investor non-occupant loans only Individuals, LLC’s, and corporations are allowed Personal guarantee will be required  Lender will take a 1st lien position...

Draws

Loan Terms Loan Requirements Draws Application Requirements Transactional Funding Borrower should have funds to begin initial repairs Draw fee is $150 per draw Up to five draws allowed Improvements must be inspected prior to draw being issued No charge for inspections...

Application Requirements

Loan Terms Loan Requirements Draws Application Requirements Transactional Funding Name, Address, phone, email  How long you’ve been on your job or how long you’ve been in business Social Security Number Birth date Corporate docs if the borrower is an entity 2 years...

Transactional Funding Program

DFW Hard Money Transactional funding is a form of short term, hard money lending, which allows a wholesaler the opportunity to purchase a property with none of his/her funds, provided that there is already an end buyer in place to purchase the property from the wholesaler within a short time frame.

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