Noble Mortgage & Investments, Private Lender

Residential Hard Money

Residential Hard Money - Rehabs, Cash-Outs and Purchase

Noble’s hard money residential loan program is designed for investors who are buying distressed properties in need of repairs or need a quick cash-out on an investment property.  We will fund up to 100% of the purchase price, repairs and closing costs!  We also fund new construction loans and owner occupied properties on a limited basis.  These loans can typically be closed within 10 business days.

 

Property Types All 1-4 unit properties considered
Loan Types:      Rehabs, Cash-Outs, Purchases, Refinances & new construction No Home Equity Loans
Markets     Houston, Austin, San Antonio and Dallas/Fort Worth, Texas
Loan Amounts   $50K-$750K (Minimum $100K outside of Houston)
Term      1 to 5 years
Amortization      TBD, Interest-only & 20-year amortizations available
Rate     TBD, typically 12%-15%
Fees       3-5% (can be rolled into loan if LTV allows)
LTV       Up to 70% on “as is” or “as repaired” value if repairs are included
LTC     Up to 100%
Recourse Yes