Buy & Hold

Home / Buy & Hold
Buy & Hold
Loan ProgramBuy & Hold
Loan Amount$50,000-$250,000
Interest Rate8.99%-11.99%
Origination Fees2-3%
Lender Fees$1,495
Loan Term12 months
Extension Fees1% for 3 month
Max LTARV75%
Max LTC100%
Min Credit Score600
Upfront FeesNone
Prepayment PenaltyNone
Roll Points into LoanYes, .5pt Premium
Payments DueMonthly IO
3rd Party Servicing Fee$15/mo
Draw Request Fee$200

Buy and Hold Hard Money Loans

A private money or hard money loan is a short-term loan secured by the property itself and used by investors to purchase and repair a property before it is refinanced. Real Estate Investors typically use “buy and hold” hard money loans to purchase, rehab, and then refinance the property. These loans are ideal for financing properties in poor condition that a bank typically would not approve.

Our Private money loans have lower qualifications and require significantly less paperwork for approval compared to banks. Many times when purchasing wholesale properties the investor needs to receive funds quickly. Most of our Freedom Money customers receive funding within 2 weeks. Freedom Private Money and its underwriting guidelines care more about the property and its potential after repair value (ARV) than about the borrower’s background as the loan is guaranteed by the property. However a higher credit score will earn you a lower interest rate.

Freedom Private Money is a hard money lender that helps experienced flippers and landlords finance investment projects. We currently provide loan programs in most major cities in Texas and Colorado.

This overview provides common loan program guidelines for Freedom Private Money, LLC. Layering of risk attributes may affect the eligibility of loans meeting the general requirements above. Layering will be evaluated on a case by case basis and initial loan approval will be given prior to any loan disclosures being delivered. Exceptions may be accepted for certain transactions. This overview is not all inclusive and is subject to change without notice. Please see for Freedom Private Money’s Underwriting Requirements for additional information.

Freedom Private Money Loyalty Program

After two funded loans, we offer a .125% point discount for every deal closed until the borrower receives 2 points on every loan after their 9th loan with us. All loans must be paid off or in good standing in order to receive the next discounted tier. The borrower can have up to 3 loans outstanding at a time or a maximum total loan balance of $1M. Exceptions can be made on a case by case basis.