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Where equity means more than credit


Great Central Mortgage Acceptance Co., LLC is a private / hard money lender based in San Antonio, Texas with more than 25 years experience in the mortgage business. 

We are a direct private / hard money lender with full underwriting authority and service 100% of our loans.  We specialize in financing for individuals or companies whose needs are not fully met by traditional bank loans.  Loan approvals have emphasis on EQUITY, not credit and income documentation.  GCMAC offers hard money/private money financing in TEXAS ONLY (primarily in Central/South Texas, but other areas in TEXAS considered on a case-by-case basis).

Texas Hard Money / Texas Private Money solutions for (click property type for more information):

CURRENTLY DO NOT OFFER ANY PROGRAMS FOR RESIDENTIAL FLIPS OR REHABBING


Hard Money / Private Money for purchase and cash out refinance transactions that may some of the following circumstances:

Credit Issues (no min Fico)  Unable to Verify Income  Bridge Loan 
Residency Issues  Purchase Contract Timing Issue   Tax Issues 
Cash Flow Issues  Unique Collateral-Appraisal Issues   Seller Carry Backs 

 

 

 

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Recent Loans

$735,000 - San Antonio, TX
Rate Term 48% LTV
Commercial Office Building
Balloon with local bank could not be renewed Stated/Stated, 575 fico

 
$600,000 - San Antonio, TX
Cash-Out on 12 acres of prime commercial land off Highway 281 N.
40% LTV, proceeds used to buyout partner.

 
$275,000 - San Antonio, TX
Rate Term Refi on CHURCH
Current Note Ballooning and loan was posted for foreclosure.
50% LTV.

 
$45,000 - San Antonio, TX
Cash-Out, 50% LTV
Refinance on Restaurant
Owner using funds to remodel and repair building


more recent loans