In need of a hard money loan in Houston for real estate purposes? Then GL&L Holdings is here to help. We offer hard money loan programs intended to help every individual. We know how difficult it can be to receive a real estate loan quickly, but we know that the home you are looking to buy isn’t just going to sit around until you can get the funds. You need your money now. Our loans are here to assist you in that process.

That said, we can’t just give out a hard money loan to anyone. We will need you to assist us in assisting you by providing as much information as possible about your loan application process. This may include your current financial situation and what you will be using the loan for. This vetting will make the eventual process of sending out the money smoother.

To apply for a loan with GL&L Holdings we suggest that you first organize as much information together as possible. The more we know the easier it is for us to give you a loan applied to your specific information.

Some of the information we will need for this loan include:

  • Type of property
  • Reason for the loan
  • Are repairs needed?
  • When do you need to close by?
  • How you plan to pay the loan back

If you are applying for a loan with us then please fill out our prequalification form online. With this we will be able to assess what kind of loan you qualify for. 

After you have applied for your loan, and we’ve gathered all of the information we can, we’ll give you the details on what your loan will look like. It will likely fall into one of these Loan Programs:

Residential and Commercial Investment Properties (Non-Owner Occupied)

  • 70% Max LTV
  • 9.9% – 13.5% Interest Rate
  • 2.5 to 5.0 Origination Points
  • 20 Year Amortization
  • 1-3 Year Balloon Terms
  • Escrow Taxes and Insurance
  • $30k to $1 Million Loan Amounts
  • 7-15 days Closing

Cash-Out Loans

  • 70% Max LTV
  • 9.9% – 13.5% Interest Rate
  • 2.5 to 5.0  Origination Points
  • 20 Year Amortization
  • 1-3 Year Balloon Terms
  • Escrow Taxes & Insurance
  • $30K to $1 Million Loan Amounts
  • 7-15 days Closing

Residential Rehab Loans

  • 70% Max LTV
  • 9.9% – 13.5% Interest Rate
  • No pre-payment penalty
  • 2.5 to 5.0  Origination Points
  • 6 – 36 Months Amortization
  • 100% Max LTC
  • Escrow Taxes & Insurance
  • $30K to $1 Million Loan Amounts
  • 1-3 Year Balloon Terms
  • 7-15 days Closing

Residential Construction Loans

  • 70% Max LTV
  • 9.9% – 13.5%% Interest Rate
  • No pre-payment penalty
  • 2.5 to 5.0  Origination Points
  • 6 – 36 Months Amortization
  • 100% Max LTC
  • Escrow Taxes & Insurance
  • $30K to $1 Million Loan Amounts
  • 1-3 Year Balloon Terms
  • 7-15 days Closing

Have more questions about our hard money loan program? Feel free to contact us by calling GL&L Holdings at (832) 770-9415 or use our online contact form.  You may also read through our Frequently Asked Questions to get you started.

Don’t like what we’re offering? Shop around. You aren’t going to find a better deal than the real estate loans we offer here at GL&L Holdings. 

Common Reasons To Get A Real Estate Loan

We offer our loans for multiple real estate purposes, but the kinds of clients we get seeking out our loans usually fall into a few common categories. This of course doesn’t mean that there can’t be more reasons to seek out a real estate loan, but these are a few of the ones we see the most.

Commercial Businesses

Sometimes a business is looking to expand. This can mean building out their current location and adding a second building to it, or going out and finding a brand new building all together. In that process, the cost of the building can sometimes exceed their expectations, but the building can’t wait. 

Businesses that are seeking a loan so they can quickly buy a new building will come to us seeking out a real estate loan. We are always happy to oblige!

House Flippers

House flipping can be a lucrative industry and is also one of the most common reasons to seek out a real estate loan. The reasoning is simple. Most house flippers don’t have a few hundred thousand dollars just laying around to buy a house and flip it. So they seek out a loan to assist with that process. That’s where we come in.

Once we know how much the repairs are needed, the closing date, and what the status of the home is we can give out a proper loan that will allow them to buy the house they’re seeking to flip.

Investment Property

Like house flipping, investment properties are land that is invested in to later be sold at a profit. Unlike house flipping however it is usually a more long term process with careful decisions made to increase the value of the property. 

Sometimes a real estate loan is necessary to ensure that the property investments don’t exceed budget and it can be worth the amount that you are putting into it.

Contact Us

Are you looking to apply for a real estate loan in Houston, Texas? Call GL&L Holdings (832) 770-9415 and discuss with us how we can help you get that process started. We look forward to assisting you in any way we can.

WE HAVE OVER A DECADE OF EXPERIENCE PROVIDING LOANS FOR SUCCESSFUL REHABS, REFINANCES, PURCHASES, AND NEW CONSTRUCTION PROJECTS. WE’RE LOCAL, AND WE KNOW WHAT IT TAKES TO WIN AT HOUSTON REAL ESTATE.