Below is a list of the frequently asked questions on how we help clients.
What is a hard money loan?
A short-term, asset-based loan secured by real estate. Approval is primarily based on the property's value — not your credit or income.
Who uses hard money loans?
Real estate investors who need to purchase, renovate, or build properties quickly, especially when traditional financing isn’t fast or flexible enough.
How fast can I get funded?
You can close in as little as 2–7 days, making it ideal for time-sensitive deals like auctions and hot market opportunities.
Do I need perfect credit?
No. We focus on the property and deal potential, so you can qualify even without excellent credit.
What types of properties can I finance?
Single-family, multifamily, fix-and-flips, rental portfolios, and ground-up construction.
How much can I borrow?
It depends on the property's value and the project details. Loan amounts are based on loan-to-value (LTV) ratios, with a maximum of 70% LTV.
What are typical loan terms?
Terms usually range from 6 to 24 months, with interest-only payments to keep cash flow flexible.
Do I need to make monthly payments?
What documents do I need?
A purchase contract, scope of work (if applicable), proof of funds for down payment and closing, and basic personal or business documents.
How do I get started?
Contact our team for a quick consultation and pre-qualification. We’ll guide you from application to closing.
Get pre-approved in hours—not days. No commitment required.
At King James Lending, we genuinely want to be an essential part of your team. We look forward to being an invaluable asset and a trustworthy partner for all your lending needs. See why we are the hard money lenders Houston investors trust.