We provide loans for single family residences (up to fourplexes!) in major Texas markets.
Rental Property Loans
1st Lien
70% - 75% Loan to ARV
12 Months
7.99% Interest (months 1-2)
12% - 14% Interest (months 3-12)
2% - 3% Loan Fee
Flip Property Loans
1st Lien
70% - 75% Loan to ARV
12 Months
10% - 14% Interest
2% - 4% Loan Fee
Construction Loans
1st Lien
60% - 70% Loan to ARV
12 Months
10% - 14% Interest
2% - 4% Loan Fee
Park Place Fees Associated with a Loan: $525 Processing Fee, $350 Loan Document Fee, $350 Entity Review Fee (if applicable), $25 Flood Certificate Fee
External Fees Associated with a Loan: Appraisal, Survey, Title Company
How to Get A Loan
1. Application
Looking for a deal? Already have one?
Fill out an app to get started!
2. Proof of Funds
We will ask for your 2 most recent months' bank statements and pay stubs (or something similar).
3. Executed Contract
Once you have a property under contract, send us a copy to start processing.