Investmark Mortgage offers hard money loans for fix and flip investors in North and Central Texas. They have more than 10 years experience as a lender. They work with experienced investors. Rates range from 12% to 14% and they’ll lend up to 70% LTV. They were rated 5 stars based on 4 Yelp Reviews, and 5 stars based on 19 Facebook Reviews.
Lender Information
Business Name: | Investmark Mortgage |
Business Website: | investmarkmortgage.com |
Business Address: | 14285 Midway Road Ste. 345, Addison, TX 75001 |
Business Phone: | 214.219.0360 |
Business Email: | investmarkmortgage.com/contact/ |
Business Established: | Over 10 years experience |
Google+: | plus.google.com/104856224848362247210/posts |
LinkedIn: | linkedin.com/pub/mike-hanna/84/311/735 |
Facebook: | facebook.com/investmark.mortgage |
Twitter: | twitter.com/teamhardmoney |
Investmark Mortgage Rates & Terms
Types of Properties | Non-owner occupied single family residential properties |
Loan Amount | No minimum or maximum indicated |
LTV | Up to 70% |
ARV | Must be greater than $90,000 |
Interest Rates | 12% to 14% |
Lender Fees | Processing fee: $625 3 points Inspection fee: $150 Legal fee: $350 Appraisal fee: $400 (paid to appraiser) Survey fee (not always required): $375 Flood certificate: $20 |
Loan Terms | Up to 18 months |
Minimum Qualifications / Documentation | Good credit 15% to 20% liquidity |
Time to Funding | Within 2 business days upon completion of all requirements, or typically 1 to 2 weeks |
Other Financing Available | Hard money loans |
*Exceptions may be granted. Lender information is updated often, however exact lender terms may have changed.
Popular Hard Money Lenders 2019
Lender | Best For |
---|---|
Investors who want competitive rates and fast funding for residential fix and flips | |
Landlords wanting to refinance or grow their rental portfolio | |
Short-term investors looking for a good residential fix-and-flip hard money loan option | |
Investors who want great customer service with a local bank feel from a 44-state lender | |
Fix and flippers who want an alternative to LendingHome, but with a commercial component |
States Currently Lending In
Texas