Navigating housing investments and bridge loans in Texas can seem daunting at first. That’s why we’re here to simplify the process! Whether you’re looking to fix and flip or need some extra support for a big move, our experienced team is ready to provide you with the information and lending resources you need for your home, work, or life transition.
What is a Bridge Loan? TX Bridge Loans
Get the Money You Need, And Fast
Your Texas bridge loan lender. A bridge loan provides a short-term solution until you can secure permanent financing or need financing to help you transition from one house to another. Homeowners can often be faced with sudden transitions due to a work relocation or other life events and a bridge loan could help make it financially possible. These types of loans are also perfect for fix and flip situations. When you’re ready to make your move, don’t get held up by financing. At Boomerang Capital in TX, we can execute fast and help you turn an opportunity into a reality.
Quick and Dependable
No Prepay Penalty
Hard Money Lenders in Texas
As the housing market in Texas continues to expand, so do opportunities for investment through hard money lenders. Home prices in Texas have been rising dramatically in recent years, particularly in Dallas and North Texas as home buyers continue to outnumber sellers, due in part to lower interest rates. This gives fix & flip investors in Texas the potential for more leverage on their eventual sale. Currently, average loan amounts in Texas are hovering around $354,809 with a 10.9% mean interest rate. Most Texas bridge loans have an average term length of 25 months. Contact us today for more information on the Texas lending market, or request a quote to get started on your loan!
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