Texas hard money loans
Bridge Loans
Short-term hard money for a Texas investment property that needs little to no rehab. Use it for a quick acquisition, a short term vacation rental, or a take-out of your current hard money loan.
Rate
Starting at 12%
Loan amount
$50,000 - $1,000,000
Term
6 to 12 month terms (with extension provisions)
Last updated
What is a bridge loan?
A bridge loan is short-term financing that bridges the gap between buying or holding your property and arranging permanent financing or a sale. Investors use it to close quickly or free up equity, then repay it once the property sells or refinances into a longer-term loan.
Terms snapshot
- Rate
- Starting at 12%
- Points / origination
- Origination fee of 2% to 4%
- Doc fee
- $995 Document Fee
- Loan amount
- $50,000 - $1,000,000
- Term
- 6 to 12 month terms (with extension provisions)
- Max leverage
- Up to 75% Loan to Value
- Payments & fees
- Interest only payments · NO prepayment penalty
- Property types
- Single-family, Multi-family, Short-term rental, Mixed-use
- Owner-occupied
- Not eligible - investment / non-owner-occupied only
Example Bridge Loan
| Property value | $300,000 |
|---|---|
| Requested loan amount | Up to ~$225,000 (maximum 75% loan to value) |
| Term | 9 months, plus an extension option |
| Monthly interest estimate | Interest-only on the balance |
| Exit strategy | Refinance into a long-term rental loan, or sell the property. |
Illustrative only. Not a quote or a commitment to lend.
How funding works
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Apply online
Fill out our contact form with your loan request details: the property, current value, and your short-term exit.
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Review
We review each transaction personally and in-house, which allows us to make a lending decision quickly.
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Term sheet
If your project fits our bridge loan program, you will receive a term sheet stating rate, points, leverage, and term.
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Title
We coordinate title review and closing documents directly with your title company.
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Close
Once title work is clear and all documents are signed, we fund your loan in a single advance.
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Servicing
You make interest-only payments until your sale or refinance closes.
Documents Required
The usual list. Some loan programs require one or two more items which will be requested as needed.
- Executed purchase contract (for acquisitions)
- Entity formation documents
- Government-issued ID
- Property photos
- Proof of insurance
- Title company contact
- Exit strategy (sale or refinance)
What we can't fund
- Owner-occupied / primary residence request
- Unresolved title issues
- Unsupported or unrealistic ARV
- Weak or undefined exit strategy
- Insufficient documentation
- Unsupported property type
Frequently asked questions
How is a bridge loan different from a fix and flip loan?
A bridge loan is for a property that needs little to no rehab, while a fix and flip loan funds and draws against your renovation budget.
Can a bridge loan take out my current hard money loan?
Yes. Hard money take-outs are OK. A common use is paying off your current short-term loan while you finish your sale or refinance.
Are short term vacation rentals eligible?
Yes. Short term vacation rentals are OK as long as the property and your exit strategy hold up.
Texas markets we serve
North Central & West Texas
Northeast & East Texas
Apply for Texas Bridge Loans
We underwrite every loan in-house. Fill out our short application or call us - we look forward to working with you on your next Texas investment property.