Google 5-Star Rated Direct Hard Money Lender
Why Brokers Choose Us
We Are Direct
While other companies claim to be “lenders”, we actually are. We process, underwrite, and fund all loans in-house, to help fund you and your client.
We know that time is money, and we won’t waste yours. We cut straight to the point so you can get the immediate approval you need to move forward.
With over $400M funded, we know what it takes to get loans closed. Let us help, so you can get paid for your efforts.
Your client wants options, and we’re able to provide them by utilizing our own capital and thinking outside the box.
Total Amount Funded
- No Prepayment Penalties
- No Income Requirements
- No Minimum FICO Scores
- Direct Lender
- Fast Approval and Funding
- Minimal Paperwork
- Past BK, Foreclosure – OK
- Foreign Nationals – OK
- Self-Employed – OK
How It Works
1. Apply Online
Your client needs only 10 minutes to complete our simple online application.
2. Get Approval
Within 24 hours of your application receipt, we’ll provide you with a written offer in fully disclosed terms for you to present to your client.
3. Loan Funded
Once your client approves, we’ll fund your loan in a matter of days, not weeks or months like many other lenders.
4. Fees Paid
Your broker fee is paid through escrow at closing. It’s that simple.
Frequently Asked Questions
How do I get paid for my services?
You will be paid directly at closing through a third party escrow. Any broker who works with us is secured and we will always communicate with all parties to ensure your fees are paid.
Do you deal with my client directly?
No. At all times, we work directly with you as their broker and facilitate all documents through you to present to your client. We understand the client is yours and, if for any reason we need to contact them, we will make sure you approve the communication beforehand and encourage a conference call for you to lead.
How do I submit my loan to you?
Applying for our Texas hard money loans is simple. Just fill out our online application, send us an email, or give us a call. It’s easiest to talk to us directly over the phone so we can discuss your unique scenario, ask questions if necessary, and approve you in a matter of minutes.
Is Your Process Fast?
Definitely. Typically, we can provide written loan approval within 24 hours and fund your hard money loan in a matter of days. As a Texas hard money lender with direct and immediate access to capital, we have the ability to act and move quickly.
What rate and fee can my client expect?
We need a bit of information pertaining to the loan (amount requested, property address, etc.) before we can provide you with exact terms. After submitting the required information, we can present you and your client with clear terms—usually within 24 hours.
What paperwork do you need to start?
To get started, we encourage brokers to submit an inquiry online or give us a call directly. In most cases, all we need is the property address and amount requested to act quickly. As a leading hard money lender in Texas, we can assess a deal and write an offer within a day.
Recently Funded Transactions
Our Promise To Brokers
At Source Capital, we know how important real estate agents and mortgage brokers are to our business. As a private hard money lender, we’re used to working closely with brokers and getting straight to the point to prevent any wasted time. Providing you with fast approval and expedient funding is priority number one and it’s extremely important to us that we deliver as promised. We hear far too frequently about deals that fell through at the final hour and lenders who couldn’t keep their brokers’ promise. When words aren’t enough, actions are what truly set Source Capital apart. If we say we’ll do it, we mean it.
We’re not afraid to ask the tough questions and we know that transparency is necessary to get all parties the answers they need. We’ll always make sure the broker is protected through our hard money process, ensuring your client and your deal is safeguarded. We’ll never work with directly your client, and promise to only work with you until your hard money loan is closed. Thousands of brokers have come to Source Capital knowing they can count on our professionalism and performance of fair loans with fast closings.