Top Best Private Money Bridge Lenders in Texas
- George Tesfa
- Nov 12, 2024
- 1 min read
Some of the top private money bridge lenders in Texas that specialize in real estate investment loans include:
Eagle Point Lending – Known for its flexibility and fast approval, Eagle Point Lending offers various loan programs for fixes and flips, buying and holding properties, and new construction projects. They focus on asset-based lending and provide quick closings, with loan amounts ranging from $100,000 to several million
Park Place Finance – This lender has been operating for over 17 years and offers bridge loans tailored for real estate investors, particularly for fix-and-flip projects. With competitive interest rates (10.99%-12.99%) and quick closing times, they provide loans up to $3 million and focus primarily on property value, not borrower income or credit
Nationwide Mortgage – While based in California, Nationwide Mortgage serves Texas and provides private money bridge loans for a variety of property types, including more unconventional options like assisted living facilities or mismanaged rentals. Loan amounts range from $100,000 to $5 million, and they offer a fast closing time, typically within 7 days
FK Capital Fund – Specializing in bridge loans for rehab investors, FK Capital offers loans starting at $50,000, with relatively low interest rates starting at 8%. They provide flexible loan terms and a maximum LTV of 70%, making them a good choice for smaller or newer investors
These lenders provide a range of options for different types of real estate investments, from fix-and-flip projects to long-term rentals and more. Many of them offer fast approvals and flexible terms, making them attractive choices for real estate investors in Texas.
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