San Antonio Texas Based Hard Money Lender
Texas Equity Lending is a direct private money lender specializing in short term and long term loans for equity based real estate transactions.
Texas Equity Lending has been financing real estate investors, developers, business owners and others for more than 20 years.* We understand the specific problems and needs of private money lending. Texas Equity Lending focuses on borrowing alternatives for companies and individuals unable to qualify for normal bank financing. We’re a hard money lender that can find loans for those clients looking for quicker or more personalized considerations than a bank can give them.
Most often our loan clients have one or more of the following needs:
- Time Constraints
- Most loans fund in 7-14 business days. In some cases, loans can fund in as few as 3 – 5 business days.
- Credit / Income Issues
- Other lenders have turned down loan due to poor or less than perfect credit, limited financial history, low debt service coverage ratio…etc.
- Property Type
- Many lenders will not consider various property types such as: Churches, daycares, auto repair, bars, restaurants, raw land…etc.
- Commercial Properties
- Ranches/Farms and Commercial Tracts of Land
- Investment Property Cash Out Refinance
- Investment Rehab Purchase
- Texas Equity Lending does not make loans on owner occupied 1-4 unit residential properties.
*Why the name change? In 2021, Great Central Mortgage Acceptance Company, LTD (GCMAC) began doing business as Texas Equity Lending to clarify its exclusive laser-focus on meeting hard money demands for Texas investors.
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