Frequently asked questions

What types of loans does Vantex offer?

• We specialize in hard money lending solutions for both residential and commercial real estate. Our offerings include purchase money loans, bridge loans, fix-and-flip loans, refinances, and cash-out options tailored for real estate investors and developers.

What is a hard money loan?

• A hard money loan is a type of asset-based financing secured by real estate. Unlike traditional loans, these are primarily based on the property’s value rather than the borrower’s credit or income. They are ideal for quick closes, non-owner-occupied properties, short term business loans, and investment deals.

How is a hard money loan different from a conventional loan?

• Conventional loans are based on income verification, credit score, and underwriting guidelines. Hard money loans focus on the asset; the property’s value, potential, and exit strategy. They're faster, more flexible, and ideal for short-term use.

How fast can I get approved?

• We provide fast approvals, usually the same day, subject to an evaluation of the collateral and after receiving a complete application. Our loans close in 5–10 days, making us a reliable solution for time-sensitive deals.

What areas do you lend in?

• Vantex originates hard money loans throughout California, including San Diego, Los Angeles, and the Bay Area. We also service other qualifying states, including Colorado, Texas and Washington.

Who should use a residential hard money loan?

• Real estate investors, house flippers, and wholesalers often use residential hard money loans to acquire or refinance non-owner-occupied properties. Business owners in need of quick cash use them for quick access to funds in time sensitive situations. 

Can I get a hard money loan for a rental property?

• Yes, if the property is non-owner-occupied. These loans are perfect for short-term rentals, long-term investment properties, or cash-out refinances on existing equity.

Can I get a loan under my LLC or corporation?

• Absolutely. We frequently lend to LLCs, corporations, and trusts. It’s a common setup for professional investors and offers asset protection.

Do I need good credit to qualify?

• No. Hard money loans are asset-based, so we’re far more interested in the deal quality, property value, and exit strategy. That said, cleaner credit may offer more favorable terms.

What types of commercial properties do you finance?

• We lend on a variety of commercial assets, including:
  • Multi-family (5+ units)
    
  • Mixed-use buildings
    
  • Retail and office spaces
    
  • Industrial and warehouse building
    
  • Land and development deals (case-by-case)
  • Religious use - Churches, Synagogues, Mosques, Etc.
    

What is your loan-to-value (LTV) limit for commercial hard money loans?

• Our typical max LTV is 65%–70%, depending on the asset type and deal strength. If there's significant upside or strong compensating factors, we may be able to make exceptions.

Can you fund construction or development projects?

• We consider ground-up construction or major rehab projects on a case-by-case basis. We’re happy to review your project and let you know if its the right fit for us. 

What are your interest rates?

• Interest rates for hard money loans vary based on the deal. Generally, rates start at 9% and go up from there, with loan terms usually between 1 and 5 years.

Are there any upfront fees?

• No. We don’t get paid until we close your loan. The only fees our borrowers will see are for appraisals, inspections, or third-party reports. There are no hidden fees, and we’re fully transparent during the process.

What’s the minimum and maximum loan size?

• We typically lend between $50,000 and $10,000,000, though larger loans are possible with strong deals or portfolio scenarios.

How do I start the application process?

• Head to our contact page or give us a call at 1-800-926-8002 to speak with a Vantex loan specialist. We’ll walk you through every step.

Is Vantex a direct lender?

• Yes — we manage Vantex Mortgage Fund LLC, a direct portfolio lender, which means we typically lend our own capital through our private mortgage fund. This gives us full control over the approval process, terms, and timing. We don’t rely on outside banks or underwriters, which allows us to move faster, be more flexible, and make common-sense lending decisions that traditional institutions can’t.

What makes Vantex different from other lenders?

• We’re fast, experienced, and relationship-driven. As a boutique lender with access to private capital and our own in house mortgage fund, we provide a level of flexibility and speed you won’t find with larger institutions.

Can I refinance an existing hard money loan with Vantex?

• Yes! We work with clients looking to refinance their current hard money loan into new terms or prepare the property for a conventional exit.