Ausburn Advisors

About Ausburn Advisors

Ausburn Advisors is a Houston, TX based hard money lender. They provide funding all throughout the United States. They offer loans for many different situations, including cash out loans, bridge loans, and hard money loans for commercial properties. They offer loan amounts ranging from $100,000 to $2,000,000 with a maximum LTV of 65% and rates ranging between 10% and 16%. They offer loans on all the following property types: multi-family units, mixed use buildings, office buildings, churches, hotels, and retail spaces.

Loan Types Offered: Commercial Hard Money Loans, Refinance / Cash Out Loans, Bridge Loans

Property Types Covered: Multi Family, Mixed Use, Office, Church, Hotel, Retail

Areas Served: National

Lending Guidelines for Ausburn Advisors

Below are the general loan guidelines published on the Ausburn Advisors website. Please confirm all terms and rates directly with the lender.

Loan Examples

The following loans are for education purposes only. They do not represent actual loans executed by Ausburn Advisors.

Loan Example 1

Ausburn Advisors issues a private money loan to Desiree for the purchase of a new building after she is turned down for a conventional mortgage loan by her local bank due to a subpar FICO score. The property is listed for $380,000. Desiree will have to put 45% down, or $171,000, since the lender will loan only 55% of the acquisition (the loan to value or "LTV"). This means the principle amount on the note is $209,000. The lender also specifies the following terms to the loan: 1) a 14% rate of interest, 2) a 6 month term with interest only payments to be paid monthly, 3) an origination fee of 1 points paid by Desiree at the close, and 4) no fees for pre-payment. Under the terms of the deal, Desiree will have to pay origination points of $2,090 when the deal is closed. She will also start to make payments of $2,438 monthly for the duration of the note and will re-pay the principle amount at the end of the 6 month loan term. Should she decide to re-pay the note earlier, she may do so with no additional cost because there is not a pre-payment penalty attached to the loan.

Loan Example 2

Joseph takes out a hard money bridge loan from Ausburn Advisors in order to renovate a townhome to resell in Chicago, IL. The deal has the following parameters:

$250,000 purchase price
60% loan-to-value (LTV)
18 month term
8% interest rate
3% origination fee

Assuming a $300,000 sales price after the 18 month term, the final numbers for this deal would look like this:

$300,000 sales price
- $150,000 loan principle (60% LTV)
- $100,000 cash paid at closing (40% on 60% LTV)
- $4,500 origination points (3% of the $150,000 principle)
- $18,000 total interest paid (18 months x 8% interest)
-----------------------
= $27,500 gross profit (doesn't include taxes or renovation costs)

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