Hard Money Lenders in Texas
Noble Mortgage & Investments is an industry leader with over 100 collective years of experience in providing residential and commercial hard money loans for Texas real estate investors. We are so committed to providing excellent customer service that we offer a 5-point guarantee.
Noble Mortgage has helped many home and business owners in the Texas area with hard money loans. Due to our extensive knowledge of the industry and over 100 years of collective experience, we can provide the right solutions for your financial needs. Hard money loans can be a great alternative to conventional banking as they rely on property value rather than credit history. We operate all over Texas, including Houston, Dallas-Fort Worth, Austin, San Antonio and more!
Not familiar with hard money loans?
Check out our brief video explaining how hard money lenders can help you with your investment.
Texas Residential Hard Money Lenders
Whether you are purchasing a distressed property in need of repairs or need a quick cash-out on an investment property, our experts can help. Our hard money loan program can potentially cover up to 100% of the purchase price, repairs, and any closing costs.
Residential Hard Money Loan Parameters:
- Closing time: Typically within a few days
- Property type: 1-4 unit properties
- Loan amount: $50K-$3MM
- Loan term: 6 months to 5 years
- Amortization: Interest only and 20-year amortization available
- Loan To Cost: Up to 100% financing
Our hard money loan calculator helps you quickly determine how much you will need to put down to secure a hard money loan for your next real estate investment. For more details contact one of our experts today!
Texas Commercial Hard Money Lenders
For over 2 decades, we have been helping investors buy commercial real estate in Texas. Conventional loans from banks are often hard to get due to the requirements needed to qualify. However, hard money loans are based mostly on property value and less on credit history. As a result, this is often a great option for anyone who does not meet those requirements and needs a quick investment. Our process is quick, allowing you to acquire the commercial property as we understand real estate is a competitive market in Texas.
Commercial Hard Money Loan Parameters:
- Closing time: Typically within 15 business days
- Property type: Apartments, Office, Retail, Office-Warehouse & Single-Tenant
- Loan amount: $100K-$3MM
- Loan term: 1-5 years
- Amortization: Interest-only & Amortized loans available
- Loan To Cost: Up to 90%
- LTV: Up to 75%
Other Loans We Provide:
Conventional Loans
We also help our clients with residential conventional loans for owner and non-owner-occupied homes. Talk to a lender today and find out more about our competitive rates!
DSCR/No-Income Loans
If you can’t qualify for a conventional loan, our no-income documentation loans are a great alternative for investors who have difficulty documenting income. These loans typically offer long amortizations and are mainly for residential properties.
Texas Hard Money Testimonials
Rob R.
Just completed my first deal with the Dallas team..great experience, Ryan and the team make every step simple and help in any way that they can!
Niyi E.
I have worked with Jesse, Ryan, Chris, and several others on this team. I have done more deals with them than any other hard money lender because they are straight to the point and make the rehab process seamless.
Lisa G.
Johnny from Noble’s Irving, TX location was AMAZING in expediting a hard money loan for my husband and I. Johnny was very knowledgeable and patient with us throughout the process.
Dalia E.
Great experience with hard money loans. The whole transaction has been awesome. Jessica Snider is great, she kept me informed through the whole process.
Why Noble Mortgage is a 5-star Rated Texas Hard Money Lender
Experienced
With over 100 years of collective experience, Noble has a rich history of helping real estate investors reach their financing goals with our hard money lending options.
Creative
Our team of experts are well-versed in finding creative and common-sense financing solutions for a variety of investment situations to build long-term wealth for investors.
Fast
Lending our own money and servicing our own loans allows us to serve our customers quickly. We guarantee a FREE pre-approval within 2 business days and repair/construction draws within 3 business days.
Responsive
The Noble team will be with you from start to finish during the hard money loan process. We guarantee 100% transparency on all fees, to return your phone call within 1 business day, and updates on the progress of your loan every 2 business days.
Simple
Our hard money loan process is straightforward, easy, seamless, and efficient, typically closing within a few days. Download our hard money guide for more information.
Get Started with Your Texas Hard Money Loan
Areas We Serve
- Houston
- Dallas-Fort Worth
- Austin
- San Antonio
Frequently Asked Questions
What is a hard money loan?
A hard money loan is a short-term asset-based real estate loan that is primarily used by investors to purchase distressed real estate using high leverage and fast closings.
How does the hard money loan program work?
Noble’s hard money loan program was designed for investors who are purchasing homes that are in disrepair and want to leverage the After-Repaired-Value (ARV) of the property. We loan real estate investors money to purchase and rehab residential and commercial property in Texas. We typically close in a few days; however, we have closed a loan in 24 hours previously! Hard Money is available for both residential and commercial property in the first lien position.
What's the difference between a hard money loan and a traditional loan?
Hard money loans are short-term loans that are designed for investors purchasing properties in disrepair. These loans close in a matter of days, offer 100% financing and do not require as much paperwork. Traditional loans are typically 15-30 years, require full income documentation and the home must be in livable condition.
What is required to qualify for a hard money loan?
It depends on what the exit strategy is for the loan. Flipping a home simply requires some capital reserves to handle loan payments and money to get the project started.
We do not have a minimum credit score if you are flipping.
However, if the investor intends on refinancing the property to hold as a rental property then they would need to qualify for long-term financing which Noble can arrange in-house. These loans typically require at least a 650 credit score.
What is ARV?
ARV, or after repair value, represents the current value plus the value added by any repairs or renovations. Read our blog post to learn more about ARV and how it’s determined.
How does the hard money loan program work?
Noble’s hard money loan program was designed for investors who are purchasing homes that are in disrepair and want to leverage the After-Repaired-Value (ARV) of the property. We loan real estate investors money to purchase and rehab real estate property in Texas. We typically close in 7-10 business days, however, we have closed a loan in 24 hours previously! Hard Money is available for both residential and commercial property in first lien position.
What's the difference in a hard money loan and a traditional loan?
Hard money loans do not require the same documentation requirements of a traditional loan. We are a private lender and therefore make all lending decisions in-house!
What is required to qualify for a hard money loan?
It depends on what the exit strategy is for the loan. Flipping a home simply requires some capital reserves to handle loan payments and money to get the project started.
We do not have a minimum credit score if you are flipping.
However, if the investor intends on refinancing the property to hold as a rental property then they would need to qualify for long-term financing which Noble can arrange in-house. These loans typically require at least a 650 credit score.