Fix & Flip

Buy, fix, and then flip with private money with favorable terms and rates.

Temp to Perm

Private money loans are a good source for temp to perm loans. Buy, fix, & enjoy the cashflow.

Transactional Funding

There when you need it for quick real estate transactions.

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Private Money Lending Services

We fast and local to Houston, allowing us to close on your real estate deals in as little as business 15 days. You're secure with our Dodd-Frank compliant loans!

Terms

  • Investor loans for existing one to four family residential properties for the purpose of rehab and resale, or rehab and roll into permanent financing
  • Interest only
  • No pre-payment penalty
  • Loan term up to six months
  • At one time, three month extension can be requested if all repairs are complete. An extension is subject to a fee of 1% and approval is at our discretion.
  • Independence Captial Group will lend in the first lien position only
  • Interest payments are due on the first day of each month

Interest Rate

  • The annual percentage rate is 14%

Loan to Value

  • Up to 70% of the After Repaired Value of the property

Repair Funds

  • Repair Funds can be financed, held in Escrow and dispersed on a Draw Basis as long as the Loan to Value criteria is met
  • A $175.00 Inspection Fee will be charged for each Draw Request

Fees

  • Loan origination fee of 3-5% of the loan amount
  • Appraisal fee of $350.00
  • Loan processing fee of $825.00
  • Attorney fee of $300.00

Next Steps...

Ready to take the next stride into private money lending for real estate?