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Corporate Office
325 North St. Paul Street, Suite 3100
Dallas, TX 75201
888.334.6636
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Frequently Asked Questions
How do I know what my rate will be?
Source Capital’s Texas hard money is offered at fixed, interest-only rates so you never need to worry over sudden spikes. Our rates start at 7.99% but depend on a variety of factors, so contact us to see what we can offer you. We’re committed to offering the best possible terms, no matter what. Our quote is free and requires little information, so what do you have to lose?
What types of loans do you do?
Source Capital offers hard money loans in Texas for both residential and commercial real estate. Our loans are intended for business purposes only, not only including investment properties, but also for uses such payroll and inventory. Our Texas hard money lending may also be used to fund bridge loans for up to 12 months. Not sure if your situation qualifies? Contact us to see if we can help.
How long does the process take?
Typical lenders need to pour through income statements and credit reports, but as a Texas hard money lender, we can typically approve your loan within 24 hours of receiving your application. We underwrite our loans in-house, cutting time and cost, and our team of lenders can usually fund your loan within 7 days of approval due to our direct access to capital. Our application process for Texas hard money lending is streamlined and automated, allowing for quick decision-making.
Can I qualify with bad credit?
Our loans are secured by equity, not credit. We can therefore look past borrower circumstances and lend to anyone who may have low credit or a history of bankruptcy and/or foreclosure. We’ll always work with you directly in order to best structure your loan for your unique needs.
325 North St. Paul Street, Suite 3100
Dallas, TX 75201
P: 888.334.6636
Dallas, TX 75201
P: 888.334.6636
NMLS# 237332
Google Rating
4.9 ★★★★★
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★★★★★
a month ago
Sasha and his team are really helpful and can find solutions to many tricky financing situations. Details of what to expect is provided upfront so you can make an informed decision. The process then follows the expected timeline. Great experience working with Source Capital.
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2 months ago
It was really a pleasure doing business with Source Capital Funding. I recommend this company for any of your financial needs. Sacha and his team were very professional and helpful throughout the whole process. They were on point in regards to my concerns and answered all my questions. I will sure work with them again. Thank you all at Source Capital Funding for a great service. Monday J
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2 months ago
Great Company! They worked non-stop on our loan and funded quickly. We were always able to get our questions answered right away and Sacha helped walk us through everything. Their rates were very competitive. I recommend highly and will be passing their information on to family and friends.
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5 months ago
Sacha was knowledgeable, through and helpful. I needed to get a loan closed quickly and he made it happen. Marie was patient and competent - a great team. I have knowledge of the industry since I have been in all facets of the loan business for over 40 years myself. Sacha always responded to my calls and emails - a true testament to professionalism. He's a great guy and a great company. I highly recommend Source Capital.
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5 months ago
Sacha performed beautifully, and was able to fund in 1 week. He under-promised and over delivered!!! This is the way it should be with any lending company. I have dealt with many lending companies over the past 20 years, large banks, credit unions, and hard money lenders. Source Capital Funding out did them all. This is an incredible place if you need funding fast and with very reasonable terms, and you are not going to get any surprises at the end. They are highly professional and will not give you the run around. Highly recommended.
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