Why Should I Get a Hard Money Loan?
Hard money is a quick and easy way to finance your real estate investments and leverage your own cash. BOSSE's hard money loans cover up to 90% of the purchase price and rehab budget, to lessen the burden of typical real estate investments. We also offer a 12 month term, to give you plenty of time to renovate the property and sell it or refinance for a longer term with a conventional bank.
— Three Types Of Hard Money Loans —
“Fix & Flip Loan”
“Cash Out Refinance”
Renovate To Rent
“Close, Rehab and Refinance”
11% interest only monthly payments.
Closing Fee: 4% of loan amount (no other fees, no hidden fees).
Loan Amount: Up to 70% of the after repaired value or 90% of total project cost (purchase price + renovation budget combined), the lesser of the two.
Term: Up to 12 months.
No prepayment penalty.
Once we receive all borrower and project information, we can usually close within three (3) business days.
— The Bosse Advantage —
A delay in securing funding could mean missing out on an incredible investment opportunity. We’ve closed loans in 24 hours, and average just 3-5 days.
Flexible underwriting criteria allows investors in new construction to secure funding not available to them through other institutions.
Fix and Flip, Cash-out Refinance and Renovate to Rent loans are funded at interest rates of 11% and 4 points, with no hidden fees. Loan amounts range from $50,000 to $1,000,000.
DFW properties only
Investor Loan Only (no owner occupied)
Residential (1-4 family) investment properties only
First Lien Only
Six months proof of hazard/homeowner insurance needed prior to closing
Additional Listing services
We offer full listing services at a discount for our hard money lending customers, including:
Multiple Listing Services (MLS),
Signage & Flyers
Open House Showings
Centralized Showing Systems (CSS)
Marketing across all of our platforms
Maximum of 6% Commission (3% to Buyer's Agents).