Hard Money Loans in Texas
SFI Loans is based in the Dallas–Fort Worth area and lends across Texas, funding 80% to 90% of the purchase price and 80% to 100% of rehab costs for fix-and-flip investors. Deep local market knowledge helps you evaluate and structure a deal you can move on with confidence.
Texas deal terms
Local roots in Texas
SFI Loans started in the Dallas–Fort Worth area, one of the largest fix-and-flip markets in the country. Our 30 years of experience lending in the Texas market, for both commercial and residential real estate, gives us keen insight into the ups and downs of many of the state's submarkets. In the Dallas area, you may be looking south of Mockingbird in the Greenville Avenue area and the M streets, or east of White Rock Lake in the Lake Highlands area of older Dallas. Whether it's the suburbs of Garland, Frisco, Plano, or Irving, or one of the hottest areas around Midway Hollow, we've lent money there and understand how those submarkets behave. That local knowledge can help you make your deal successful.
Loan types and property types
- Purchase and rehab funding across Dallas, Fort Worth, and statewide Texas
- 30-year DSCR rental loans qualified on the property's income and your credit score, no tax returns required
- Non-owner-occupied 1–10 unit residential properties
- Construction loans for ground-up new construction
Local knowledge, not just fast money
SFI Loans underwrites the deal, not just the file. Because we know the Texas market and how its submarkets behave, we can help you evaluate and structure a deal so you feel confident in the investment before you commit.
Call before you write the offer, and we can evaluate and underwrite your deal even before you submit a purchase contract, often with an answer the same day.
"We have been sending our business to Mike and SFI Loans for the past 7 years. We have closed well over $4 million in loans with them. They have been incredibly helpful to our growth over those years. They not only provide us with the loans we need, but they also act as a real estate mentor, and that education has helped us immensely. Can't recommend highly enough. Thank you."
Texas hard money questions, answered
Do you lend throughout Texas, or just Dallas–Fort Worth?
SFI Loans is based in the Dallas–Fort Worth area and lends statewide across Texas, including DFW, Houston, Austin, San Antonio, Waco, East Texas, Lubbock, Amarillo, Wichita Falls, Corpus Christi, and the Rio Grande Valley in South Texas. Being local to North Texas is what makes fast, well-informed underwriting possible on deals across the state.
What is a hard money loan?
A hard money loan, also called a private money loan, is short-term financing secured by real estate rather than your income or credit history. It generally requires far less time and paperwork than a bank loan: no work history, W-2s, paystubs, or tax returns. Approval depends on the cash you have in the bank, your experience, and the economics of the deal. SFI Loans funds 80% to 90% of the purchase price plus 80% to 100% of rehab costs, capped at 70% of the after-repair value.
How long does a Texas hard money loan take to close?
Typical Texas closings run about 5 to 15 days from a complete application, and in some cases as little as 3 to 5 days. The bigger advantage, though, is local underwriting: SFI Loans knows the Texas market and can evaluate and structure your deal before you sign a contract.
Do I need investing experience to qualify?
No. SFI Loans works with investors at every experience level, from a first fix-and-flip to a large existing portfolio. Terms are based on the property, your financial position, and your experience.
Ready to move on your next Texas property?
Get prequalified before you write the offer, so financing is never the reason a deal falls through.