©2016 BY Monette Properties, LLC 

Check out our reviews on google!

Monette Properties, LLC

7740 Dale Ln Houston, TX 77040


Texas Investors,

How Can We Help You?

We Offer Hard Money Lenders in Houston and Surrounding Metro Areas in Texas

Our Texas Asset Based Lender has a hard money residential loan program that is designed for investors who are buying distressed properties in need of repairs or need a quick cash-out on an investment property. 


They will fund up to 100% of the purchase price, repairs and closing costs!  They also fund new construction loans and owner occupied properties on a limited basis.  These loans can typically be closed within 10 business days.

Property Types:

All 1-4 unit properties considered

Loan Types: Rehabs, Cash-Outs, Purchases, Refinances & new construction No Home Equity Loans


Houston, Austin, San Antonio and Dallas/Fort Worth, Texas


Loan Amounts : $50K-$1.5MM (Minimum $100K outside of Houston)


Term:    1 to 5 years

Amortization:  TBD, Interest-only & 20-year amortizations available


Rate: TBD, typically 11%-14%

Fees: 3-4% (can be rolled into loan if LTV allows)

LTV: Up to 70% on “as is” or “as repaired” value if repairs are included

LTC:    Up to 100%

Min Credit Score: 650

Why Hard Money?

You’re looking to invest in properties, but you don’t quite have the cash to make your purchase. As a serious investor in the Texas metro areas you may consider obtaining a hard money loan. Such a loan can help you to perform repairs on a property if the property is in shoddy condition. A hard money loan can give you the cash you need to increase the value of the property so you can profit for many years. Generous lenders will be delighted to help you achieve your dreams. All you have to do is make contact, and a representative will talk to you frankly about your financing needs. We even have pre-qualification options available.*

More About Hard Money Loans

Hard money loans are specific short-term advances the lender provides for the purchase of a distressed property. A distressed property is one that needs a lot of repairs before it will be marketable. Such a loan is an excellent option if you are an investor that is looking to close a loan quickly. The average hard money loan process can complete in 10 business days or less in most cases.

Uses for Texas Hard Money Loans

You can use hard money loans to purchase a wide variety of properties. You can fulfill your vision with investment properties. The beneficial part of borrowing a hard money loan is that your cash advance will have value that is substantially different from the purchase price. The lender will base the loan on a percentage of the projected after-repair value (ARV) of the home rather than the purchase of the home. For example, your distressed property may be on sale for $85,000, which is discounted from its true value of $150,000 because of all the necessary repairs. A traditional lender will offer a conventional loan of up to 80 percent of the purchase price of the home that would be, at most, $68,000. The hard money lender will offer up to 70 percent of the after-repair value, plus it will pay for the closing costs that are sometimes as much as $25,000 or more. Lenders will pay for the repairs that you will have to submit to get the property ready for use. The lender will also cover the closing costs, which can be several thousand dollars.                                                                                                                                      *source: Noble Mortgage