Texas Lending
Bridge financing for Texas real estate investors and developers, underwritten from Salt Lake City with statewide coverage and closings as fast as 14 days.
Loan Size
$750K – $4M
Loan Rate
10%–13%
LTV
up to 65%
Term
3–12 months
Close In
As fast as 14 days
HQ
Salt Lake City
Miller Bates is a private money lender headquartered in Salt Lake City, Utah, and Texas is one of the ten states we lend into. We finance Dallas–Fort Worth, Houston, Austin, and San Antonio, and we look at deals across Dallas, Tarrant, Harris, Travis, and Bexar counties as well as smaller markets throughout the state.
Texas is the largest market we lend into, and deal sizes there tend to sit at the upper end of our range. Growth corridors around the I-35 spine and the Houston metro generate steady demand for short-term acquisition and repositioning capital.
Loans typically run $750,000 to $4,000,000, with rates of 10%–13%, LTV of up to 65%, and terms of 3–12 months with optional 1–12 month extensions. Every loan is secured by a first-position deed of trust on real property plus the borrower's personal guaranty, and every loan closes through a title company and an attorney.
What We Fund
Not sure whether your deal fits? Tell us about it — we will give you a straight answer quickly.
Texas FAQ
Yes. We lend across Texas, with activity concentrated around Dallas–Fort Worth, Houston, Austin, and San Antonio.
Residential investment properties, raw and improved land, mixed-use, and commercial real estate. Loans typically range $750,000 to $4,000,000.
Loan rates typically range 10%–13% APR with LTV of up to 65% and terms of 3–12 months with optional extensions.
As soon as 14 days from approval to funding, depending on title work and due diligence.
No. We are headquartered in Salt Lake City and lend into Texas from that office. Every loan closes through a title company and an attorney, and we have been lending since 2015 — with a predecessor firm dating to 2003.
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