Hard Money Loans with No Appraisal in Texas
Traditional bank loans require full appraisals that can take 4-6 weeks and cost thousands of dollars. Commercial Loans of Texas offers hard money loans with expedited valuations — and in many cases, we can close without a traditional appraisal.
What Is a Hard Money Loan?
A hard money loan is an asset-based loan where the property itself serves as the primary collateral. Unlike conventional loans, hard money lenders focus on the value and equity in the property.
- Bad credit? No problem. We look at the asset, not your FICO score.
- No tax returns required in most cases
- Self-employed? No issue.
- Foreclosure history? We can work with you
Texas Hard Money Loan Terms
- Loan Amounts: $100,000 to $10,000,000+
- LTV: Up to 65-70% of as-is value
- Rates: Starting from 9.99%
- Terms: 6 months to 3 years
- Closing Time: 7-21 days
Call 877-TX-LENDING (877-895-3634) — Get a same-day quote