Marquis Lending

About Marquis Lending

Headquartered in El Paso, TX, Marquis Lending is an asset-based lender offering funding in El Paso, Houston, Austin, San Antonio, Dallas, and Fort Worth. They provide long term rental property loans, short term fix and flip loans, and commercial loans. Their loan guidelines are flexible, including terms up to 360 months, rates starting at 9.99% , and loan amounts starting from $50,000 with a maximum LTV of 80%. They will make loans on numerous types of properties, including single family units, multi family residences, apartment buildings, office units, retail units, hotels/motels, storage facilities, senior housing communities, mixed use buildings, undeveloped land, churches, warehouses, and industrial facilities.

Loan Types Offered: Investment Property Loans, Fix and Flip Loans, Commercial Hard Money Loans

Property Types Covered: Single Family, Multi Family, Apartment, Office, Retail, Hotel, Storage, Assisted Living, Mixed Use, Land, Church, Warehouse, Industrial

Areas Served: El Paso, Houston, Austin, San Antonio, Dallas, Fort Worth

Lending Guidelines for Marquis Lending

Below are the general loan guidelines published on the Marquis Lending 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 Marquis Lending.

Loan Example 1

Dina is an investor in El Paso, TX. She discovers a run-down property for sale and decides to rehab it and flip it for a profit. The property costs $300,000 but she doesn't have the full amount so she takes a fix-and-flip loan with Marquis Lending. The terms of the loan include a 85% loan to value (LTV), so she must bring 15% of the price as cash to closing, making the principle loan amount $255,000. The parameters of the loan also include a four point origination fee which will be paid at the closing and a 18 month, interest only note with a 13% rate of interest.

In accordance with the terms of the loan, Dina will have to contribute a $10,200 origination fee plus 15% of the sales price, or $45,000, since there is a 85% LTV. Once the deal is closed and Dina takes over the property, she will begin making payments each month of $2,763 to Marquis Lending ($255,000 principle x 13% / 12 months). If Dina sells the house for $360,000 after 18 months, she would then make a total profit of $75 after deducting the principle amount of $255,000, the cash contributed at the close of $45,000, the origination points of $10,200, and the total interest payments of $49,725. This profit doesn't account for renovation costs.

Loan Example 2

Lewis locates a duplex in El Paso, TX to renovate and re-sell. Since he does not have enough cash to buy the property outright, he takes a fix and flip loan from Marquis Lending with the following parameters:

$400,000 sales price
60% loan to value (LTV)
12 month term
12% rate of interest
2% origination fee

Assuming a $540,000 sales price at the end of the 12 month term, the final numbers for the deal would look like the following:

$540,000 sales price
- $240,000 principle (60% LTV)
- $160,000 cash paid at closing (40% on 60% LTV)
- $4,800 origination points (2% of the $240,000 principle amount)
- $28,800 total interest paid (12 months x 12% interest)
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= $106,400 total profit (doesn't include taxes or rehab costs)