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Our Lending Area

 

GCMAC is a San Antonio, Texas based direct private / hard money lender.  Our lending area will vary a little depending on property type.

Commercial, Investment (Non-Rehab),   Raw Land (developed or undeveloped):

GCMAC is currently ONLY lending in the greater San Antonio and Corpus Christi metro areas.  Other areas of SOUTH and CENTRAL Texas are considered on a case-by-case basis.

REHAB Loans:

The REHAB loan program is currently NOT available.

 

******NO OWNER OCCUPIED LOANS********

******NO PRIMARY RESIDENCE********

******NO HOMESTEAD LOANS********

 

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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

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