Commercial Hard Money Loan
Noble’s Hard Money Commercial Loan program is designed for investors purchasing or refinancing commercial income producing properties that do not qualify for conventional financing.
Commercial properties in need of improvements, low occupancy, or in need of repositioning are typical for this loan program.
Our hard money loan calculator helps you quickly see how much money you’ll need to put down to secure a hard money loan for your project.
Property Types:
Apartments, Office, Retail, Office-Warehouse & Single-Tenant
Markets:
Houston, Austin, San Antonio and Dallas/Fort Worth, Texas
Loan Amounts:
$100K-$3MM
Amortization:
Typically interest-only
Term:
1-5 years
Rate:
TBD
Fees:
TBD
LTV:
Up to 70%
LTC:
Up to 90%
Recourse:
Yes
FAQs
What Are the Qualifications for a Commercial Hard Money Loan?
Several factors play a role into obtaining loan approval including the location of the property and exit strategy adequate cash reserves of the borrower. Credit score and profit potential of the property are very important. Hard money loans typically have an interest rate higher than that of a conventional loan and a shorter term.
How Do I Get a Loan?
To start the process of taking out a hard money loan, you simply need to complete an application. We offer a pre-qualification form that asks only a few questions to help to determine your status. If you’d like to speak to a loan officer just give us a call!
FAQs
What Are the Qualifications for a Commercial Hard Money Loan?
Several factors play a role into obtaining loan approval including the location of the property and exit strategy adequate cash reserves of the borrower. Credit score and profit potential of the property are very important. Hard money loans typically have an interest rate higher than that of a conventional loan and a shorter term.
How Do I Get a Loan?
To start the process of taking out a hard money loan, you simply need to complete an application. We offer a pre-qualification form that asks only a few questions to help to determine your status. If you’d like to speak to a loan officer just give us a call!
