Who are the Best Hard Money Lenders in Texas?

Finding the right hard money lender in Texas can be challenge. Texas is one of the best states to wholesale and flip. Whether you’re new to real estate or you’re a seasoned vet, your hard money loan can often make or break your deal. An unfavorable loan can set you back thousands and thousandss of dollars. On the flip side, a good hard money loan can provide the funding you need faster than almost any other option. Texas hard money lenders can give you the buying power you need to scale your real estate business and grow.

Texas has a large selection of hard money lenders operating within the city. The mean note issued to borrowers is around $300,000. Interest rates for hard money loans average around 12.5%. The average note issued in the city is for 43 months. Expect to pay 3-4 points for origination. Hard money lenders in Texas average a 70-75% loan to value on their deals.

Here’s our short list of the top 10 Best Hard Money Lenders in Texas:

  1. Noble Mortgage & Investments
  2. Investmark Mortgage
  3. Catalyst Funding, LLC
  4. Jet Lending
  5. DFW Speciality
  6. ZeusLending.com
  7. Longhorn Investments
  8. Priority Investor Loans
  9. Larry The Lender
  10. Blink Lending

The Top 10 Best Hard Money Lenders in Texas

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1. Noble Mortgage & Investments

Noble Mortage & Investments is a direct private real estate lender of hard money & conventional capital for both residential & commercial properties in the major Texas markets, including Houston.

Headquartered in Houston, TX, they offer commercial hard money loans, loans for investments properties, fix and flip hard money and more.

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2. Investmark Mortgage

Investmark Mortgage is a 3-time award-winning hard money lender, that covers North Texas, Central and South Texas, and surrounding areas. They are a direct lender (not a broker), and will make funding your next investment property easy. They come highly rated on Google and are one of the most reputable lenders in the area. Plus, they give repeat clients a very nice reduction in costs.

Here’s some more details for new investors:

  • 12.99%
  • Interest Only
  • 3% Loan Fee (1% at closing, 2% at payoff)
  • $795 Processing Fee
  • Up to 12 month term
  • Good Credit, Income & Reserves
  • Up to 70% LTV
  • 100% Financing Available!
  • 100% Rehab Funds Included
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3. Catalyst Funding

Catalyst Funding is a Houston, TX based hard money lender who offers loans throughout the Houston area. They offer loans for rental properties and short term fix and flip loans.

Whether you are an experienced real estate investor or a first-timer, Catalyst Funding can help you get started. They offer an array of loan programs and come highly rated online. 

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#4. Jet Lending LLC

Jet Lending, LLC sspecializes in fix and flip loans, rental loans and more. They have originated over 2,000 loans, making them one of the most reliable lenders in the Houston area. 

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#5. DFW Specialty Lending

DFW Speciality Lending offers competitive rates and terms that are not available through traditional avenues. Closings are typically within only 7 to 10 days, and in some cases, as little aas 24 hours.

Coming in at an avergae 60-70% LTV, they do have somewhat stricter LTVs than other lenders on the list. In any case, they’re reputable lenders with great reviews.

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#6. ZeusLending

ZeusLending handles every kind of property from start homes, to million-dollar estates, to commercial strip centers, to investor rehab projects and more. They’re also singular in their ability to transition hard money loans into conventional loans…a big plus for landlords.

A highly rated, reliable hard money lender in Houston, ZeusLending has been in business for over 20 years and contributed to an impressive 15,000 transactions.

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#7. Longhorn Investments

Longhorn Investments is one of the best hard money lenders in Dallas. They were formed in 2008 and have funded thousands of loans since inception. They also offer complementary services incincluding title work and real estate law. They have programs for rehab fix and flips and  also longer term rental properties. 

Here are more details:

  • Starting at 11.99% interest only payments (depends on deal and location)
  • Starting at 2.99 points origination (depends on deal and location)
  • Appraisal Fee: $425 – $550 (dependent upon location and independent appraiser’s fee)
  • Draw Inspection Fee
  • Loan Documents: $475
  • Loan Admin Fee: $500
  • Credit Report Fee: $40 ($45 for Joint)
  • Monthly Servicing Fee: $15
  • LTV up to 75%
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#8. Priority Investor Loans

Priority Investor Loans has been a hard money lender in Houston for over 20 years. They offer loans for several different situations, including fix-and-flip hard money loans and long term rental property loans. Priority Investor Loans’s has a solid process that makes the entire experience quick and easy. 

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#9. Larry the Lender

Larry The Lender is hard money lender in Houston, TX. They offer loans throughout mostly Houston and Austin. They provide hard money loans for commercial properties, rental properties, cash out refinances and fix & flip loans. They provide reasonable terms in the 6-12 month range and competitive rates around 12-13%. 

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#10. Blink Lending

Blink Lending offers a full spectrum of hard money loans for investors in Houston. They offer fast pre-approval and quick turnaround times. 

Best Hard Money Lenders Texas FAQ

Who is the best hard money lender in Texas?

Here’s our short list of the top 10 Best Hard Money Lenders in Texas:

  1. Noble Mortgage & Investments
  2. Investmark Mortgage
  3. Catalyst Funding, LLC
  4. Jet Lending
  5. DFW Speciality
  6. ZeusLending.com
  7. Longhorn Investments
  8. Priority Investor Loans
  9. Larry The Lender
  10. Blink Lending
What do Texas hard money lenders charge?

Hard money loan rates in Texas range from about 8 percent to 15 percent. Most hard money lenders also charge points or origination fees on a loan. 1 point is equal to 1 percent of the loan. These fees can range from 1-3 percent.

Do Hard Money Lenders in Texas require appraisals?

With most hard money lenders in Texas, the loan to value (LTV) is determined through an appraisal or a broker opinion of value.

What is hard money in Texas?

Like any other state, hard money loans in Texas are loans often secured by real estate which are used to purchase and/or rehab residential or commercial properties. They’re typically more expensive than traditional financing but can be closed much faster and oftentimes with less paperwork.

Our Texas City Guides
Here are some in depth hard money guides for cities throughout Texas:
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