Hard Money Lender and Loans in Houston, TX
Why Choose Ellis Equity for My Loan?
Ellis Equity works with hard money lenders to provide alternative lending for a wide range of borrowers. We offer hard money loans as well as bridge loans, raw land loans, and interest-only loans. This range of lending services allows our customers to have more freedom with their assets.
Our professional staff does due diligence with all hard money brokers and borrowers to deliver exceptional service. We perform all servicing duties related to funding your loan, including the closing.
We work with several kinds of borrowers for our hard money loans, including:
- Raw land borrowers
- Commercial borrowers
- Farm borrowers
- Second home borrowers
In addition to hard money loans in Houston, TX, and other areas of Texas, we also work in other states. Currently, we travel to and serve communities in:
- New Mexico
What Are Hard Money Loans?
Hard money loans are a type of short-term loan based on property assets. Borrowers receive funds from private investors. The funds are secured by real property.
Hard money loans have different requirements than traditional bank loans. In part, this is because they are not regulated by the same federal laws. These differences allow hard money loans to close quickly, typically only days after you complete the title work.
These differences also allow more borrowers to qualify for hard money loans. If you cannot meet bank requirements for traditional loans, you may still have equity in property that qualifies for a hard money loan. If you have a poor credit history or a bankruptcy in your history, for example, a hard money lender will often work with you when banks will not.
If you need quick cash and have equitable property, a hard money loan can help. Call Ellis Equity Lending at (281) 772-4663 today.