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Hard Money Lenders Texas

Texas Hard Money Loans for Fix and Flips, Ground Up Construction

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Texas

Fix & Flip Loan

Sample Deal

Loan Amount: $505,000

85% of Purchase + 100% of Rehab

Rate 10.75%
12 Months

Points 2.5%
10 Days to Close

Featured In

Why We’re The Best Hard Money Lender In Texas

We pride ourselves on being one of the best hard money lenders in Texas for Fix and Flips, GUC, Rentals, and Multifamily investments.

Competitive Terms

We provide competitive Terms on Texas investment property loans.
Texas Fix and Flip Loan Rates range from 10.5%-11.25% and a 1.5%-2.99% Origination Fee. DSCR Loan Rates range from 6.5% to 7.99% and 1.0% Origination Fee.

See our Loan Products Section for a detailed pricing breakdown of each Texas loan product.

Simple Online Application

Real Estate investors can apply online, get pre-approved, or schedule a call in 2 minutes. Working with Ridge Street is simple and fast.

Start your simple online application today. Learn More

Quick Turn Around

Our team is always available to take your call. If you submit a Quick Application or a Pre-Approval Application we’ll get back to you within 1 business hour. We can fund your project in 7 days.

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Reliable Financing

Integrity and honesty are the foundations of our business. When we commit to a loan, we make sure you close on time.”

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Texas Hard Money Loan Products

Texas Fix and Flip Loans

Funding For Purchase + Rehab

$50,000 up to $3,000,000

Interest Rate 10.5%-11.25%

Origination Fee From 1.5%

Up to 90% of Purchase and 100% of Rehab

Fix and Flip Loans For Beginners Allowed

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Texas DSCR Loans

30 Year DSCR Loans For Rental Properties

Up to $2,000,000

Interest Rate 6.75%-7.99%

Origination Fee From 1.0%

Up to 80% of LTV

Short Term Rentals and Long Term Rentals

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Ground Up Construction

For New Builds and Construction Completion

Up to $3,000,000

Interest Rate 10.99%-12.25%

Origination Fee From 2.0%

Up to 75% of Purchase and 100% of Construction

Up to 90% of LTC

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Texas Hard Money Loan process

Our hard money lending process for Texas investment properties is simple and quick. Ridge Street closes loans in as little as 7 days.

Apply Or Get Pre-Approved Online

~ 2mins

Fill out a 2 Min Quick App with info about your Texas based project. We need some preliminary information so that we can accurately evaluate your deal.

If you’re looking to be pre-approved so that you can find your next deal or you’d like to get more info from on of our team members, select an option below.

Request A Term Sheet | Get Pre-Approved | Schedule A Call

Hard Money Loan Process Step 2 Container

Receive your Term Sheet

~ 2mins

Once we have your completed application, we’ll email you the term sheet and give you a call to provide confirmation.

Hard Money Loan Process Step 3 Container

Submit Docs

~ 1-3 days

Once you’ve accepted the Loan Terms, we’ll collect your remaining documents and begin underwriting the loan. We have a low document program with no income statement documentation.

Appraisal or BPO

~ 2-7 days

Once you've submitted your documents, an appraisal will be ordered and completed In 2-7 days.

Hard Money Loan Process Step 5 Container

Closing

~ 1-3 days

Once we have the completed document package, we'll schedule your closing within 1-3 business days.

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Featured Texas Hard Money Loan

State

Loan Type

Loan Amount

Loan Amount (if applicable)

Rate

Points

Texas Deal Summary

This 4-bedroom, 3-bathroom property underwent a substantial renovation to maximize its market value. Purchased for $450,000, the investor planned a $122,500 heavy rehab that included structural repairs, system upgrades, and modernized finishes. With an after-repair value (ARV) of $750,000, this project showcased a clear path to profitability. Ridge Street Capital provided a $505,000 loan to bring this vision to life.

Keyword Highlights:

Competitive LTV: We funded 85% of the $450,000 purchase price and 100% of the $122,500 rehab budget.
Low Rate: The client's other lender was offering terms at 11.99%.
Heavy Rehab: The project included a heavy rehab with exterior masonry changes and foundation repair. The size of the rehab did not affect Ridge Street's LTV%.

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What are hard money loans used for in Texas?

Texas

1. Dallas

2. Fort Worth

3. Houston

4. Austin

5. San Antonio

What are Hard Money Loans Used For In Texas?

Real Estate Investors in Texas use hard money loans to purchase, rehab, and construct investment properties.
A hard money loan is an “asset-based” loan in which the loan amount is based on the as-is value and after repair value of a property as well as the credit scores of the borrowing company’s owners.
Hard money loans allow Texas real estate investors to secure financing for fix and flips, ground-up construction, and rental properties through an LLC or a Corp without using their personal income.
For most hard money loans, investors will have to bring a 10%-20% down payment and can use the hard money loan to finance the remainder of their project.
As Texas real estate investors acquire more experience, hard money lenders like Ridge Street will increase their leverage and require less cash at the closing table.

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Real Estate Investors in Texas use hard money loans to purchase, rehab, and construct investment properties.
‍
A hard money loan is an “asset-based” loan in which the loan amount is based on the as-is value and after repair value of a property as well as the credit scores of the borrowing company’s owners.
‍
Hard money loans allow Texas real estate investors to secure financing for fix and flips, ground-up construction, and rental properties through an LLC or a Corp without using their personal income.
‍
For most hard money loans, investors will have to bring a 10%-20% down payment and can use the hard money loan to finance the remainder of their project.
‍
As Texas real estate investors acquire more experience, hard money lenders like Ridge Street will increase their leverage and require less cash at the closing table.

Get Approved Online

Best Cities To Invest In Real Estate
In Texas

dallas

Dallas, TX, stands out as a prime real estate investment destination, fueled by a thriving economy and population growth. Known as a business hub, Dallas hosts Fortune 500 companies, fostering demand for housing from a growing workforce. The city’s cultural vibrancy and attractions, including a robust arts district and professional sports teams, further enhance its appeal. With opportunities spanning single-family rentals, multifamily developments, and fix-and-flip projects, Dallas offers investors a dynamic and resilient market ripe for growth and profitability.

Get a loan In Dallas

Houston

Houston, TX, is a powerhouse for real estate investment, driven by its status as a global energy hub and one of the fastest-growing cities in the U.S. The city's diverse economy, spanning energy, healthcare, aerospace, and technology, attracts a steady influx of professionals and families, fueling housing demand. Houston’s affordability, combined with its vibrant cultural scene and world-class medical facilities, makes it an attractive destination for renters and homeowners alike. From single-family rentals to multifamily developments and fix-and-flip opportunities, Houston offers a dynamic market primed for long-term growth and profitability.

Get a loan in Houston

Austin

Austin, TX, is a standout market for real estate investment, celebrated for its booming tech industry and rapid population growth. Known as the 'Silicon Hills,' Austin is home to major tech companies and startups, attracting a young, professional demographic that drives demand for housing. The city’s vibrant cultural scene, top-tier educational institutions, and strong job market make it a magnet for renters and homebuyers alike. With opportunities ranging from single-family rentals to fix-and-flip projects, Austin’s dynamic real estate landscape promises high returns and sustained growth potential.

Get a loan In Austin

San Antonio

San Antonio, TX, offers a compelling real estate market driven by steady population growth and economic diversity. Known for its rich history and cultural attractions, including the Alamo and River Walk, San Antonio is a top destination for tourism and a desirable place to live. The city’s robust military presence, healthcare sector, and expanding tech industry contribute to a stable economy and ongoing housing demand. With affordable property prices and opportunities in rental investments and fix-and-flip projects, San Antonio provides a balanced market ripe for long-term success.

Get a loan in San Antonio

Frequently Asked Hard Money Loan Questions

How do I qualify for a hard money loan in Texas?

To qualify for a hard money loan in Texas with Ridge Street you need:

A Credit Score of 640+
A profitable deal with at least a 10% ROI
An LLC or a Corporation Registered In Texas

What types of properties can I finance with a hard money loan in Texas?

Ridge Street finances the following property types:

Residential 1-4 Units
Multifamily 5-25 Units
Commercial (Select properties)

What are the interest rates and terms for hard money loans in Texas?

“Depending on the sponsors experience and credit profile Rates Range from 10.5%-11.5%. Ridge Street’s median rate for a hard money loan on a fix and flip in Florida is 10.75% interest only with no pre-payment penalty.

How fast can I get a hard money loan in Texas?

Ridge Street closes hard money loans in as little as 7 days.

Are there any state-specific regulations for getting a hard money loan in Texas?

Ridge Street’s hard money loans are business purpose loans. This means that we can only lend to borrowers with entities (LLC or Corp) registered in Texas.

Can I use a hard money loan to finance a fix and flip in Texas?

Absolutely. This is the main use of a hard money loan in Texas.

What is the loan-to-value (LTV) ratio for a hard money loan in Texas?

There are a number of ratios that Ridge Street uses to determine the Loan Amount. Put simply, for a first time investor we finance up to 80% of the Purchase + 100% of the Rehab. For an experienced investor, we finance up to 90% of the Purchase + 100% of the Rehab.

Can I use a hard money loan to finance a rental property in Texas?

You can use a hard money loan to purchase and renovate a rental property. You can then refinance with a DSCR Loan. If the property is rent ready at purchase, there is no need for a hard money loan and you can go straight into DSCR financing.

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STARTED

With Ridge Street, obtaining an investment property loan is easier than you think! You can get pre-approved online and a Term Sheet that meets your needs will be sent to you within 1-2 business hours.

Get Approved Online

Hard Money Lenders Texas

Why We’re The Best Hard Money Lender In Texas

Competitive Terms

Simple Online Application

Quick Turn Around

Reliable Financing

Texas Hard Money Loan Products

Texas Fix and Flip Loans

Texas DSCR Loans

Ground Up Construction

Texas Hard Money Loan process

Apply Or Get Pre-Approved Online

Receive your Term Sheet

Submit Docs

Appraisal or BPO

Closing

Featured Texas Hard Money Loan

Texas Deal Summary

What are hard money loans used for in Texas?

What are Hard Money Loans Used For In Texas?

Best Cities To Invest In Real Estate In Texas

dallas

Houston

Austin

San Antonio

Frequently Asked Hard Money Loan Questions

How do I qualify for a hard money loan in Texas?

What types of properties can I finance with a hard money loan in Texas?

What are the interest rates and terms for hard money loans in Texas?

How fast can I get a hard money loan in Texas?

Are there any state-specific regulations for getting a hard money loan in Texas?

Can I use a hard money loan to finance a fix and flip in Texas?

What is the loan-to-value (LTV) ratio for a hard money loan in Texas?

Can I use a hard money loan to finance a rental property in Texas?

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Best Cities To Invest In Real Estate
In Texas

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