Purchase Price Only Loan Term Highlights


  • Loan terms are 6-12 months depending on borrower and project
  • Interest rate ranges from 10% - 13%
  • 1.50-3.50 points
  • 24Hour close time
  • Same day approval
  • Interest only payments
  • No prepayment penalty for early payoff
  • 30 and 90 day extension options at lender's discretion
  • All closing costs and points are due from borrower at closing
  • LTV up to 70% of ARV
  • Up to 90% of purchase price
  • $850-$1,500 Closing fee - includes desktop appraisal, documents, processing, & flood cert
  • Loans available from $20,000 - $50,000,000
  • No previous project requirements
  • Individual and entity borrowers allowed
Investors with the funds available to complete the rehab portion of their project can save money with the DFW Hard Money Purchase Price Only program. Whether planning to refinance and hold as a rental or sell after the job is complete, the PPO program can save on points and interest by keeping the loan amount lower.

The Purchase Price Only Advantage

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When to Use a Purchase Price Only Loan


  • The property is tenant occupied
  • Little or no rehab is needed
  • Refinance is already approved
  • Sufficient funds to cover the rehab

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