
Residential Private Money Loans, Real Fast.
We're the premier residential private money lender for single-family and 2 to 4-unit residential properties.
Bay Mountain Capital Is Your Residential Private Money Lender
Looking for that perfect residential property to renovate? Borrowing from Bay Mountain Capital, the premier residential private money lender, is fast and easy. Our team works hard to secure the necessary funding through a common-sense approach that ensures a quick closing.
Your Resource For Residential Hard Money Loans
As a residential private money lender, we provide unparalleled value in your investment decision-making process compared to traditional financing. More than half of our business consists of non-owner-occupied single-family homes. Let Bay Mountain Capital partner with you in your next residential investment.
Watch The Video

Defined By Our Years of Experience
Partnering with Bay Mountain Capital for your residential real estate financing means leveraging our industry expertise and streamlined processes to ensure a quick close and advantageous deal.
Meet The TeamResidential Lending Terms
Bay Mountain Capital prides itself as the premier residential private money lender by providing our borrowers with industry competitive rates and complete transparency. There’s no bait and switch. Check out our rates below:
SFR Fix and Flip Loans
Purposes:
Acquisition and rehab, expansion/remodel, value add repositioning, bridge to refinance, cash-out refinance, new construction.
Loan Minimum:
$50,000 in primary markets and $75,000 in secondary markets
Term:
12 months for borrowers with no experience, 6 or 12 months with experience
Interest:
As low as 10.4%*
Credit Score:
Minimum of 600, lower credit scores will be evaluated on a case by case basis
Lender Fees:
2.50%-3.50% plus a processing fee of $945*
Other Costs:
Appraisal and any other third party reports that may be required
Qualification:
Asset based with limited financial information required
Closing:
In most cases, we can close within one or two business day of having a complete, eligible loan file including clear title and a completed appraisal
Loan-To-Cost :
Up to 95% of Lender's As-Is Value and 100% of Rehab*
Loan-To-Value:
Up to 75% depending on experience and scope of rehab*
Cash Out Refis:
Up to 60% of value in primary markets on a sellable or rentable asset; secondary markets on a case by case basis
Property Types:
Single-family, 2-4 unit residential, townhomes and condos
Term Details:
Terms are subject to, but not limited to: Experience, Credit Score, Location, Loan Term, Rehab Budget (as a percentage of Lender’s As-Is Value), & Property Cashflow
Rental Loans
Purposes:
Long term rental investment properties with no rehab
Property As-Is Value:
Minimum of $100,000
Term:
36 Months
Interest:
Floor as low as 10.0%
Credit Score:
Minimum of 600
Lender Fees:
3.00% plus a processing fee of $945
Other Costs:
Appraisal and any other third party reports that may be required
Qualification:
Primarily asset based, with limited financial information required
Closing:
In most cases, we can close within one or two business day of having a complete, eligible loan file including clear title and a completed appraisal
Loan-To-Value:
Up to 75% of ARV depending on credit score
Property Types:
Single-family, 2-4 unit residential, townhomes and condos
Prepayment Penalty:
2.0% of original loan balance during year 1, 1.0% of original loan balance during year 2, and no prepayment penalty in year 3
Residential Lending Process & Requirements
Step 1: Application
- Complete our free online application
- Provide supporting documents
Step 2: Underwriting
- Approve preliminary loan terms
- Finalized itemized rehab or construction budget
- Submit payment for appraisals & other possible underwriting costs
- Approve final term sheet
Step 3: Closing
- Order title commitment
- Place property insurance
- Clear title issues
- Close and fund
Private Money Loans - Frequently Asked Questions
What is hard money?
Hard money loans are a form of private money financing that is used to purchase investment real estate that may not conform to conventional underwriting standards. Funds for hard money loans generally come from private individuals or from mortgage pool funds run by fund managers that raise capital from multiple individuals.
What are the benefits of using hard money?
Hard money lenders are able to approve and fund a loan much more quickly than traditional lenders such as banks. They do not require as much documentation because they are primarily concerned about the value of the real estate being used as collateral versus the credit and income of the borrower. Hard money loans often provide more leverage than conventional loans, allowing borrowers to rely less on their own or outside investors’ capital.
What are common purposes for hard money loans?
Hard money loans are offered for a variety of investment purposes including:
- Fix and flip loans that allow you to acquire, renovate and sell real estate;
- Bridge loans which help you close quickly on time-sensitive investment loans;
- Cash-out loans that allow you to refinance real estate you already own in order to obtain capital for another purpose;
- Construction loans whereby a borrower may be able to finance a portion of the site acquisition and much or all of the construction cost.
How should I choose a hard money lender?
First and foremost, choose a lender that is experienced with the type of loan that is being requested. The lender should understand the collateral and strategy and be able to structure a deal that offers you the opportunity to have a profitable outcome. A good hard money lender can often add value to the investment decisions that you must make. Next, verify that your lender has the capacity to make the loan and the capability of executing it in the time frame required. Finally, make sure that your lender has a reputation of integrity and conducts its business with honesty and transparency.
What types of property will Bay Mountain Capital lend on?
We lend on non-owner occupied single-family residential (1-4 units), townhomes, condos, multifamily, commercial, land, and other special-purpose uses.
What locations will Bay Mountain Capital loan hard money?
Currently, we are lending hard money in the major markets of Texas including Dallas, Fort Worth, Houston, Austin, San Antonio, Corpus Christi, and the Rio Grande Valley. Bay Mountain Capital is also lending in Atlanta GA, Savannah GA, Oklahoma City OK, Tulsa OK, Knoxville TN, Chattanooga TN, Memphis TN, Johnson City TN, Bristol TN, Kingsport TN, Huntsville AL, Birmingham AL, Tampa FL, and Jacksonville FL.
Is there a minimum credit score requirement?
Yes. Borrowers must have a minimum credit score of 600. Anyone with a credit score less than 600 will be considered on a case-by-case basis.
Will Bay Mountain Capital lend to self-employed borrowers?
Yes. Bay Mountain Capital loans to both full-time real estate entrepreneurs as well as employed individuals who are seeking to supplement their income.
Will Bay Mountain Capital loan to LLCs or other types of entities?
Yes, we can accept almost every type of legal entity as a borrower. The principal manager or managers will be required to personally guarantee the loan if there is an entity borrower.
Will Bay Mountain Capital loan to foreign individuals or entities?
Yes.
Does Bay Mountain Capital have a minimum loan amount?
Yes, we have a minimum loan amount of $50,000 in primary markets and $75,000 in secondary markets.
How do I get approved for a Bay Mountain Capital hard money loan?
Please fill out the hard money loan application completely. The application will only take a few minutes. Someone from Bay Mountain Capital will contact you quickly, usually within the same day.
Can I get a prequalification letter from Bay Mountain Capital for my purchase offer?
To obtain a prequalification letter, follow the Get a Pre-Approval Letter link to obtain your letter.
Does it cost anything to apply?
No, applying is free. After you submit your application and provide us with the necessary information, we will send you a preliminary term sheet. If you decide to move forward, then you will need to return the term sheet signed and an appraisal will be ordered which you will be required to submit payment for directly to the appraiser.
Do you require a real estate appraisal?
Yes, we require an appraisal that will value the property subject to the rehab or construction budget. This appraisal can be a valuable tool when you either sell the property or refinance into a long-term loan.
How long will it take for me to close on my property with a hard money loan from Bay Mountain Capital?
This depends on how quickly we receive all of the necessary information about the property, and the borrower. Usually, once we have the appraisal back if the title is clear we can close as quickly as one day. Generally, the entire process takes on average two weeks from application to close.
What documentation does Bay Mountain Capital require?
In addition to the online loan application we will need:
- Evidence of at least one Fix & Flip project completed during the past 36 months via a buy-side Closing Statement and a sell-side closing statement; all other experiences will be evaluated on a case by case basis
- Formation documents if the borrower is an entity:
- EIN document
- Certificate of Good Standing
- Articles of Organization/Formation
- Operating Agreement if existing
- Individual borrowers must have filed the last two years of Federal income tax returns
- Entity borrowers must have filed the last two years of Federal income tax returns (where applicable)
- To qualify, all members must have filed federal income tax returns for the past two years and at least one member has a credit score of 620 or above
- Copy of driver’s license of individual borrower or principals of entity borrower
- A credit report (not just score) within the past 90 days for an individual borrower or at least one principal of entity borrower can be submitted for verification. BMC can pull a soft report at the borrower’s request.
What are the terms of a hard money loan from Bay Mountain Capital?
Typically, our loans are for a term of 12 months with possible extensions available subject to Bay Mountain Capital approval. However, depending on experience, 6-month terms may be available. Interest rates generally start at 11.9% and there will be loan fees of 2-3% of the loan amount. You will also have to pay the cost of an appraisal and our processing fee of $945.
Will Bay Mountain Capital inspect the property?
Yes. At a minimum, the property will be inspected by the real estate appraiser during the appraisal process.
Does Bay Mountain Capital require hazard insurance on the property?
Yes, Bay Mountain Capital requires hazard insurance on the subject property prior to closing. We work with an affiliate insurance broker and can help you find the appropriate hazard insurance policy quickly and at competitive rates.
Who will service the loan after closing?
We service our loans here at Bay Mountain Capital in our Dallas office. Our pledge is that you will be treated courteously and your loan will be serviced with accuracy and professionalism.
Will I have to make monthly payments?
Yes, we require monthly payments. Typically those are interest only payments plus a tax escrow payment.
How will Bay Mountain Capital handle draw requests?
At your request, we will order an inspection of the property to determine how much of the scheduled work has been completed. Once we receive this report, we process your draw and fund the eligible amount to you by your choice of check, ACH, or wire transfer. Generally, the entire draw process takes three to five business days from request to funding.
What if I need an extension?
Our 6-month loan program comes with two 90-day extensions built in, which can be exercised at the lender’s discretion (as long as the loan is in good standing) for a fee. Extensions to the 12 loan program can be considered on a case-by-case basis.
How can I obtain a payoff statement?
Just email our loan servicing department at loanservicing@baymountaincapital.com and we will provide you, your mortgage professional or your title company with a payoff statement, usually within 48 hours.
Can I be paid for referring clients to Bay Mountain Capital?
Absolutely! We pay for referrals – please check out our hard money loans for brokers for more information.
Can I take out another hard money loan even if I have not yet repaid my first loan?
Our business is built on repeat customers. As long as you have the experience and financial capability of handling multiple properties, we would like to be your lending partner!
What People Are Saying About BMC
I appreciate all that your team at Bay Mountain has done for me and your attentiveness always proves to be ‘above and beyond’!
Mike H.
I have been a real estate investor for over 20 years in the Dallas area. I have dealt with many different Hard Money lenders during that time and I would have to say the service I received from Bay Mountain is at the top of the list. On a scale of 1 to 10 with ten being outstanding, I would rate Bay Mountain a 9.9. I just want to say thanks to Angie, Rachel, Wayne, Daniel and everyone that works there, and I hope to work with you all again.
Gregory D.
You guys have been just wonderful to work with. And I am not just blowing smoke. a little feedback here coming from a guy who has been a broker for decades and dealt with many hard money lenders – I don’t believe I have run across such efficiency where everyone is proactive with emails, everyone is copied on emails, the follow up is there, and the speed is there. Just really impressed. It’s been so smooth. I look forward to doing more deals with you all.
Jeff K.
I would like to mention that I have had a great experience with Wayne Corley and Angie Arrington. They have been very cordial, professional and extremely helpful. I also want to mention that the new system for proof of funds letters is a great system and makes things easier for everyone.
Canda V.
Bay Mountain Capital Blog
Read More
February 13, 2023
What is the difference between flipping and wholesaling real estate?
What does wholesaling real estate mean? If you’ve been interested in real estate investing, chances are that you’ve heard the term “wholesaling” before. But what does it mean? Simply put,...
Read More
January 16, 2023
Bay Mountain Capital Welcomes New Florida Investments Associate, Josh Pomerantz
Josh Pomerantz joins Bay Mountain Capital as our new Florida Investments Associate. As we expand into Florida, he will be a vital part of our operations within the state and help foster relationships...
Read More
December 30, 2022
Bay Mountain Capital Welcomes New Administrative Assistant Tiniqua Smith
Bay Mountain Capital Welcomes Tiniqua Smith Tiniqua is an alumnus of Strayer University and graduated in September of 2020 with a Bachelor’s Degree in Business Administration with a...
Subscribe to the BMC Newsletter
Sign-up to receive Bay Mountain Capital news and updates.