— Loan Programs —

Terms & Types of Loans

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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 —

 
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Purchase Loan

“Fix & Flip Loan”

 
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Refinancing Loan

“Cash Out Refinance”

 
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Renovate To Rent

“Close, Rehab and Refinance”

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Loan Terms

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.

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— The Bosse Advantage —

 
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Closing Speed

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.

 
 


Underwriting Flexibility

Flexible underwriting criteria allows investors in new construction to secure funding not available to them through other institutions.

 
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Competitive Rates

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.

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Loan Requirements

  • 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

  • Electronic Eblasts

  • Maximum of 6% Commission (3% to Buyer's Agents).