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We’re Experts: In Making Dreams Come True

your lending guides for smart decisions.

We seamlessly blend old-school business mentality with modern systems and efficiency in transactions, providing exceptional lending services.

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Most commonly asked questions.

Have a question about our products, services and more? We’ve got you covered! Take a look at our most frequently asked questions.

What is a hard money loan?

A hard money loan is a short-term financing option designed for acquiring and renovating investment properties. It generally covers 100% of repair costs and 80-90% of the purchase price.

Why should I use a hard money loan?

Hard money loans provide several benefits, including maximizing investor returns by minimizing out-of-pocket expenses, enabling quicker closings, enhancing investor liquidity, and offering more lenient qualification criteria, such as relaxed credit score requirements.

How are you different from the banks?

Tusker Cap is a fast, reliable, and personable real estate funding group that is here to help propel your businesses forward. As a private lender, we offer a more straightforward path to securing a loan compared to traditional financing options.

What types of loans does Tusker Capital offer?

We provide fix & flip, DSCR, ground up new construction, residential lot, bridge and commercial loans throughout Texas.

Where do you lend?

We focus on our home state of Texas however will consider DSCR and ground up construction loans outside of Texas.

Will you fund a personal loan?

No, every loan must be held under an entity.

How long does it take for funding?

It depends on the type of loan however our average is 5 business days. We have closed loans in 24 hours!

How long is the term of your loans?

It varies from 6-24 months depending on the type of loan. We are able to adjust terms to meet the needs of the project and borrower.

Do you have a minimum credit score requirement?

We do prefer that you have a score of 660 or higher.

Do you need an appraisal to close?

We typically base terms and approval off of a Broker’s Price Opinion (BPO), so we can close our deals faster than a traditional bank. However, certaing types of loans and property locations will require an appraisal.

How do I get my loan approved?

We’re happy to get you going. Begin the funding process by clicking here or call us at 512-812-9944

How does the draw process work?

Before approving the deal, the borrower must provide a detailed, itemized construction budget. After closing, the borrower will be responsible for initiating construction. When they are ready to be reimbursed, the borrower will submit an itemized draw request to Tusker Capital. Our team will then send an inspector to verify the work and ensure it meets quality standards. Once the inspection is complete, we will reimburse the borrower for the repairs according to the approved itemized budget.

Will you front repair costs?

We do not advance repair costs upfront. You can access the loan’s construction funds through draws after the work has been completed and inspected.

Which types of properties do you lend on?

We offer loans for various property types, including single-family homes (1-4 units), commercial real estate, and land acquisition.

Are extensions granted? For how long?

Yes. We will consider extensions provided the loan is in good standing. Typical extensions are 3-6 months.

How do we determine the loan amount?

The total loan amount is determined by a combination of the after-repair-value (ARV), loan-to-value (LTV) and the loan-to-cost (LTC) numbers. We typically fund 70-75% LTV and 85-90% LTC.

What does LTV mean?

The loan-to-value (LTV) ratio equals the total loan amount as a percentage of the after-repair-value (ARV). At Tusker Cap, we typically fund 70-75% LTV.

What does LTC mean?

The loan-to-cost (LTC) ratio equals the total loan amount as a percentage of the total project cost. The total project cost includes both the purchase price and the renovation costs (if applicable). At Tusker Cap, we typically fund 85-90% of the LTC.

What does ARV mean?

After Repair Value (ARV) refers to the market value of a property after all renovations are completed.

Our Trusted Go To Resources for Spot On Data

To better understand the financial industry, real estate market and current trends, we rely on valuable resources to offer our customers the most accurate information available. Below are some of our favorites for you to follow as you grow your own business.

Texas Real Estate Research Center – Resource for Texas Data
National Association of Realtors – Resource for National Data
Housing Wire – News Source for Data
Mortage News Daily – Mortgage and New Home News

our most recent projects

We fund amazing projects for exceptional people.
Thank you for letting us fund your dream.

NEW BRAUNFELS, TEXAS

Loan Product: Fix and Flip

Loan Amount: $287,500

DICKENSON, TEXAS

Loan Product: Fix and Flip

Loan Amount: $162,000

TEMPLE, TEXAS

Loan Product: Fix and Flip

Loan Amount: $170,000

ALVIN, TEXAS

Loan Product: Commercial Value-Add

Loan Amount: $195,000

TOMBALL, TEXAS

Loan Product: Commercial Value-Add

Loan Amount: $900,000

BANDERA, TEXAS

Loan Product: Commercial Bridge

Loan Amount: $2,300,000

AUSTIN, TEXAS

Loan Product: Fix and Flip

Loan Amount: $544,250

HOUSTON, TEXAS

Loan Product: Fix and Flip

Loan Amount: $528,160

Why Partner With Us?

Our company offers a unique advantage in the lending market. With a deep understanding of the challenges borrowers face, we prioritize speed, reliability, and exceptional customer service. Unlike traditional banks, our loan decisions are based on the value and attributes of the property, rather than stringent qualifications.

This inclusive approach ensures quick access to short-term capital with reasonable terms, making us the ideal partner for real estate investors seeking a streamlined process and dedicated support throughout their journey

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Here’s what separates us from other private lending companies.