Irving, Texas is one of the prime real estate markets in the state, making it ideal for hard money lending opportunities. Investors in Irving can take advantage of fast funding for a range of projects including property flips, rental acquisitions, and construction builds.
Loan Programs in Irving, Texas
Hard Money Loan
Quick approval based on property value, not credit score.
DSCR Loan
Rental-based lending for passive investors.
Fix and Flip Loan
Ideal for flipping homes with rehab funds included.
Bridge Loan
Transitional loan between purchases or business stages.
Ground-Up Construction
Finance new builds from lot purchase to final phase.
Multifamily Loan
Finance 2 to 100+ unit income-producing properties.
Requirements for Hard Money Loan in Texas
- Collateral: A real estate asset is required.
- Down Payment: Usually 10-30% depending on the loan type.
- Loan Purpose: Residential, multifamily, or commercial investment.
- Exit Strategy: Flip, refinance, or sale plan expected.
- Minimal Documentation: Faster processing with fewer docs.