Loan Programs

Is my property Eligible?

Reliance Capital Funding provides secured first mortgage loans to owners of commercial property, land, and multi-family  property throughout Texas. Known as “Hard Money Lending”, our focus is to say YES and underwrite transactions based on merits of the property without the overwhelming requirements of typical institutional lenders. We work directly with property owners and brokers to provide funding for properties that fall within the following criteria:

 ★ Loan amounts for $25,000 to $750,000
 ★  Property located in the State of Texas
★  Multi-family  and Single-family rental properties*
  Leased and Vacant Income producing properties
★  Vacant lots, land and ranch properties

*We do not provide funding for Owner Occupied properties or  Investors looking to purchase and “Flip” single family homes.

Loan Terms

Loan terms and pricing vary based on collateral type, market condition and final loan-to-value . Our typical loan terms are as follows:

 ★  Rates: 9.9 to 12.9%
  Terms: 1 to 5 years (interest only and amortization terms available)
 ★  Points: 1 to 3%
 ★   LTV: LTV up to 55%
   Min Credit Score: none
★  Use of Funds: no limitation
  Prepayment Penalty: none
  Property and Insurance Escrows: Required

If you have an interest in obtaining a quote, please give us a call at 888-931-1006 or click here for our brief online application. We can provide a same day quote and general indication of our interest and written approval letter within 24 hours of your inquiry.