Hard Money Loans in Wimberley

What a Hard Money Loan Is For

Hard money is a loan with a short term where the property does most of the talking. The lender focuses on the deal itself: what you are paying, what the renovation will take, and what the place should be worth once the work is finished. Your credit and income still count, but they are only part of the picture.

Most borrowers reach for it to get one job done. Buying a dated house to fix up and sell. Picking up a property that would fail a conventional appraisal in its current shape. Locking in a deal before a traditional underwriter could finish the file. It costs more than a long-term home loan, so it makes sense when you already know how you will pay it back.

If you plan to live in the property or keep it for years, a Conventional Loan or a Bank Statement Loan usually fits better. We will say so plainly if that is your situation.

What We Help You Put Together

A rate and points quote by phone

We give you the interest rate, the origination points and the fees in plain terms. You hear the total cost of borrowing before anything is signed.

Purchase and rehab financing

Many hard money loans cover part of the purchase price and part of the renovation budget. We walk through how much of each the lender can fund on your deal.

A draw schedule for the renovation

Rehab money is usually released in stages as work is completed and checked. We explain how draws work so your contractor is not left waiting on payment.

Exit strategy review

Before closing, we talk through how the loan ends: a sale, or a refinance into a long-term loan. A clear exit is the single biggest factor in a deal that goes smoothly.

Help with the paperwork

Expect a purchase contract, a scope of work, a renovation budget and proof of funds for your share. We tell you exactly what the file needs so nothing stalls near closing.

Signs a Hard Money Loan Fits Your Deal

• The property will not appraise as-is

  Missing kitchens, roof damage or failed systems can stop a bank loan cold. A hard money lender expects that and lends against the after-renovation value.

• You are flipping, not settling in

  If the plan is to buy, renovate and sell within months, short-term financing usually matches the timeline better than a 30-year mortgage.

• The seller wants a quick, firm closing

  Hard money files are typically simpler to underwrite, which can help when a seller is choosing between offers.

• Your income is hard to document

  Self-employed investors with strong deals but uneven tax returns often find the property-first approach easier to qualify for.

• You need a bridge to long-term financing

  Some borrowers buy with hard money, finish the work and lease the property, then refinance once it qualifies for a standard loan.

How the Process Works

1. 1

   Talk through the deal

   Call us with the address, the price and your renovation plan. You get a rate quote on that first call, along with a frank opinion on whether hard money suits this deal.

2. 2

   Pre-qualify and size the loan

   We look at the purchase price, the budget and the expected after-renovation value. You learn how much the lender can fund and how much cash you need to bring.

3. 3

   Valuation and file review

   The lender orders a valuation and reviews your scope of work and experience. We keep you posted and ask for any missing documents early.

4. 4

   Closing and draws

   You close and take ownership, then request renovation draws as work is finished. Each draw is checked against the budget before funds go out.

5. 5

   Payoff

   The loan ends when you sell or refinance. We can start talking about a long-term loan well before the term runs out.

What Sets Your Hard Money Pricing

Investor loans like this carry a higher price than a standard mortgage. They run for months instead of decades, and the lender takes on more risk. Your total is an interest rate plus upfront points and fees, and each piece moves with the details of the deal. We quote all of them together so you can weigh the cost against your expected profit.

Loan-to-value

The less the lender funds compared to the property's value, the better your terms tend to be. A larger down payment usually lowers the rate or the points.

Your track record

Investors with completed flips or rentals often qualify for better pricing than first-time investors. Being new is not a dealbreaker, but it can change the terms.

Size and scope of the renovation

A light cosmetic update is less risky than a gut rehab with structural work. Bigger projects can mean more draws, more checks and higher cost.

Loan term and extensions

Most loans run for a set number of months. If the project runs long, extension fees add up, so a realistic timeline saves money.

Property type and location

A single-family house near San Marcos or Kyle with plenty of comparable sales is easier to value than a rural tract or an unusual property, and pricing reflects that.