commercial Hard Money Loan
Noble’s Hard Money Commercial Loan program is designed for investors purchasing or refinancing commercial income producing properties that do not qualify for conventional financing.
Commercial properties in need of improvements, low occupancy, or in need of repositioning are typical for this loan program.
Our hard money loan calculator helps you quickly see how much money you’ll need to put down to secure a hard money loan for your project.
Property Types:
Apartments, Office, Retail, Storage, Owner Occupied, & Light Industrial
Loan Amounts
$100k-5MM
Fees
TBD
Markets
Houston, Austin, San Antonio, Dallas, Fort Worth
Amortization
Up to 30 years
LTV
Up to 80%
Rate
TBD
Term
Up to 30 years
LTC (Loan to Cost):
Up to 80%
Recourse
Yes
Escrows
TBD
CLTV
Up to 80%
Credit Score
650
Pre-pay Penalty
TBD
FAQ
What Are the Qualifications for a Commercial Hard Money Loan?
Several factors play a role into obtaining loan approval including the location of the property and exit strategy adequate cash reserves of the borrower. Credit score and profit potential of the property are very important. Hard money loans typically have an interest rate higher than that of a conventional loan and a shorter term.
How Do I Get a Loan?
To start the process of taking out a hard money loan, you simply need to complete an application. We offer a pre-qualification form that asks only a few questions to help to determine your status. If you’d like to speak to a loan officer just give us a call!