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Using Bridge Loans to Win a Competitive Edge

Using Bridge Loans to Win a Competitive Edge

The most successful people are those who are able to identify potential roadblocks and come up with creative solutions to overcome them. This is just as true in real estate, as it is in life. That’s why Hurst Lending offers popular solutions, like Bridge Loans....

What is a Bridge Loan?

What is a Bridge Loan?

Homeowners often find themselves in a precarious position when they’re looking to buy a new house, but have yet to close on the sale of their current house. A bridge loan is aptly named; it’s a loan that can bridge the potential gap between selling one home and buying...

WSJ Says that 75% of Investment Properties Purchased with Cash!

WSJ Says that 75% of Investment Properties Purchased with Cash!

According to the following WSJ article, 75% of Investment Properties were purchased with Cash in Q4FY22.  If you are tired of losing deals to cash buyers, we recently raised capital and have up to $50m to lend to customers who want to use our funds to win the bidding...

WSJ Says that 27% of Offers are Cash Offers in Some Markets

WSJ Says that 27% of Offers are Cash Offers in Some Markets

According to the following WSJ article, cash offers are 4 Times more likely to win bidding wars.  If you are tired of losing deals to cash buyers, we recently raised capital and have up to $50m to lend to customers who want to use our funds to win the bidding war. ...

Tired of Losing Your Dream Home to Multiple Offers?

Tired of Losing Your Dream Home to Multiple Offers?

By Scott Bialek, Co-Founder of Hurst LendingThe Texas real estate market has changed drastically over the last few years.  In Austin Texas, 38.1% of real estate agents expect their buyers to need to make 5-10 offers before they’ll succeed and 36.5% of agents expect...

Coronavirus Fears Drive Mortgage Rates to 8-Year Low

Coronavirus Fears Drive Mortgage Rates to 8-Year Low

As coronavirus fears hit financial markets, U.S. mortgage rates dropped to an eight-year low. The average rate on a 30-year fixed mortgage hit 3.34% on Monday, according to Mortgage News Daily. That rate hit 3.34% for one day in 2016, before spiking much higher....

Lowest Interest Rates in 3 Years

Lowest Interest Rates in 3 Years

US Sees Lowest Mortgage Interest Rates in 3 Years August 8, 2019 By Jay Hurst, Co-Founder of Hurst Lending & Insurance Even if you have a good rate on your current 30-year mortgage, every homeowner should be looking at their financial situation right now to see if...

How Do I Find The Best Jumbo Texas Mortgage Rates?

How Do I Find The Best Jumbo Texas Mortgage Rates?

Non-conforming loans or Jumbo loans are loans with higher dollar amounts which may not be sold to Fannie Mae or Freddie Mac. A Texas Mortgage that is above the conforming loan limit of $548,250 for the year 2020 is considered to be a Jumbo loan. Non-conforming Texas Mortgage loans often come with a higher rate […]

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