Houston is a great place to invest in real estate. With a growing economy and an ever-expanding population, now is the time to enter the Texas real estate market. However, it can seem difficult to know where to start with the many investment options available.
This is where hard money lenders come in. Hard money lenders are private investors willing to finance real estate investments outside of the traditional banking system. They offer short-term loans at high interest rates, but are often your best option when you need financing quickly or when banks won’t lend you.
If you’re trying to find a money lender in Houston, TX, here are 10 of the best:
1. HouseMax Financing
HouseMax Financing is the leading hard money lender in Houston, TX. They provide short-term loans to real estate investors throughout the state of Texas. HouseMax secures their loans by ownership, so you can be sure your investment is safe.
Above all, they are members of the American Association of Private Lenders, so you can be sure that they are a reputable company.
2. Catalyst Funding, LLC
Catalyst Funding is a Houston, TX based hard money lender providing loans in the Houston area. They offer rental real estate loans as well as short-term fix-and-flip loans.
Catalyst Funding will help you as a seasoned real estate investor or a beginner. They offer various loan options and have an excellent online performance rating.
3. Jet Lending, LLC
Jet Lending is another Houston-based hard money lender that specializes in real estate investment financing. They offer short-term loans at high interest rates, but they are often your best option when you need financing quickly or when banks or other institutions won’t lend you.
ZeusLending works with a wide range of properties, including startup homes, million dollar estates, commercial investments, and investor restoration projects, to name a few. They are also unique in converting hard money loans to conventional loans, which greatly benefits homeowners.
Considered a highly rated and reliable hard money lender in Houston, ZeusLending has been in the finance business for over twenty years with many satisfied customers making them a solid choice.
5. Clear Loans – First Time Home Buyer Loans
Clear Lending is a Houston-based hard money lender specializing in financing for first-time buyers. They offer low interest rates and no prepayment penalties, making them excellent for first-time home buyers.
Taking your first steps on the property ladder is made easy with Clear Lending.
6. Loans to priority investors
Priority Investor Loans is a Houston-based hard money lender that provides loans to real estate investors throughout Texas. Priority Investor Loans is a private financier with an excellent track record and a reputation as a leading competitor in the financial industry.
They offer loans available for all types of property investors, including upgrading properties, turning rental properties into investments or simply buying one or two fixed and reversible properties.
7. Boom Boom Funding
Boom Bam Funding, with its fun title, takes the job of lending money seriously. They offer hard money loans in real estate markets in 27 states and DC. Boom Ban offers fixed and reversible loans with flexible terms, longer term lease loans, refinancing and new development loans, offering low loan-to-value ratios and competitive interest rates.
By offering dedicated support, Boom Bam offers flexible programs and professional advice to help you grow your business.
8. Marlin Commercial Loans
Marlin Capital Solutions is a national hard money lender specializing in financing small businesses and real estate investments.
Marlin takes community issues seriously. Their community enrichment community is involved in many community projects, and their community involvement and charitable ties continue to grow, empowering those involved with Marlin Capital Solutions.
The good work the community group does makes Marlin Capital Solutions an ethical and financially viable option.
9. Larry the Moneylender
Larry The Lender isn’t just a catchy name. It is a Houston based hard money lender. Larry’s team primarily provides loans in the Houston area. They offer hard money business loans and cash for rental properties, cash refinances, and repairs and turnarounds.
Larry The lender offers suitable terms of 6 to 12 months and competitive interest rates.
10. Flashing Ready
Blink, and let’s go, fast loan services for an ever-changing world. Blink was founded in response to the overwhelming demand for fast and accessible loans. They offer hard money loans for various purposes, including real estate investments, small businesses, and personal needs.
Blink has a fast online application process and can provide funding within 72 hours of approval.
As you can see, there are many money lenders in Houston, as well as in Texas. When choosing a lender, it is essential to ensure that the company is part of the American Association of Private Lenders.
the American Association of Private Lenders will ensure that you receive fair treatment and high quality service. When it comes to investing in real estate, Texas is one of the best states in the country. With its booming economy and growing population, Texas and Houston in particular offer excellent opportunities for investors of all experience levels.