Bridge lenders
Longhorn Investments
Longhorn Investments is a direct private lender providing short-term acquisition and renovation capital to real estate investors for residential and small multi-family commercial assets, from a corporate office in Dallas, Texas. It both originates and services its loans.
Longhorn will fund acquisition and renovation costs up to 70% of after repair value and has a 600 minimum credit requirement. It states the standard time to close is 3 to 5 business days depending on location, and in some cases as quickly as 24 hours. A complementary real estate law practice operates out of the same corporate office, which the firm says lets it help investors through all aspects of a transaction; a related private equity fund supplies capital for the loans.
The company was formed in 2008 and says it has funded over 10,000 loans since inception. It lends in the major metropolitan areas of Texas, Missouri, North Carolina, Tennessee, Alabama, Arkansas, Georgia, Indiana, New Mexico and Ohio - by its own count 10 states and 23 major markets - and says it evaluates new markets regularly. Its fund was formed in 2011 to accommodate the need for additional capital, and in 2024 the private lender SkyBeam Capital was merged into Longhorn.
Rates and fees are not stated on the pages reviewed; the site points to a separate loan fees page for all associated costs. Ask for the full fee schedule, the draw process, and extension terms in writing before committing.
Best for
Fix-and-flip, rental and small multifamily investors buying in the major metros of the 10 states Longhorn lends in, who need a three to five day close and can meet the 600 credit minimum. Not a fit for investors outside those markets.
What they do
- Hard money acquisition and renovation loans
- New construction loans
- Short-term bridge capital for single-family and small multifamily
- Commercial property loans
- Loan servicing
- Pre-approval letters for investors
- In-house real estate law and title closing support
- Fund participation for private investors
Details
| Attribute | Value |
|---|---|
| Founded | 2008 |
What stands out
- Formed in 2008 and states it has funded over 10,000 loans since inception.
- Lends in 10 states and 23 major markets: Texas, Missouri, North Carolina, Tennessee, Alabama, Arkansas, Georgia, Indiana, New Mexico and Ohio.
- Funds acquisition and renovation costs up to 70% of after repair value, with a 600 minimum credit requirement.
- States standard closings take 3 to 5 business days, and in some cases as little as 24 hours.
- Runs a complementary real estate law practice out of its Dallas corporate office.
- Merged the private lender SkyBeam Capital into the business in 2024.
Common questions
- What is a hard money loan?
- A short-term loan used to acquire investment properties to rehab and either flip for resale or hold as a rental. Longhorn notes it lets an investor finance acquisition and renovation costs, which reduces out of pocket expense, and that these loans close quickly with fewer qualification requirements than conventional loans.
- Which property types does Longhorn lend on?
- Single-family, multi-family and commercial. The firm describes itself as a direct private lender offering short-term acquisition and renovation capital to investors for residential and small multi-family commercial assets.
- How fast can a Longhorn loan close?
- The standard time to close is 3 to 5 business days depending on location, and in some cases as quickly as 24 hours.
- What are the loan criteria?
- Longhorn will fund the acquisition and renovation costs of a project up to 70% of after repair value, and has a 600 minimum credit requirement. Property criteria and the fee schedule are published separately on the site.
- Where does Longhorn lend?
- In the major metropolitan areas of Texas, Missouri, North Carolina, Tennessee, Alabama, Arkansas, Georgia, Indiana, New Mexico and Ohio.