• Get A Loan

    Step 1 – Do You Qualify for a Mañana Loan?

    • The Property Must be Under Contract
    • The Property Must be Classified as One to Four Family
    • First Liens Only (No Second Liens)
    • If you are applying under your personal name, you must own a primary residence or Texas homestead other than the Subject Property
    • If you are applying under your business name, your company must be in Good Standing with the Texas Secretary of State and the Texas Comptroller

    If you cannot meet all the criteria above, then Stop here.   If you meet all the criteria above, then Go to Step 2.


    Step 2 – Personal Financial Requirements:

    1. None, NA, nada
    2. Income – Not Necessary
    3. Credit Score – We don’t care!
    4. You must have the ability to make monthly interest payments on the amount borrowed.
    5. Have a Happy Day!


    Step 3 – Provide the information requested below:


    Your Contact Information
    1. (required)
    2. (required)
    3. (required)
    4. (required)
    5. (required)
    6. (required)
    7. (required)
    8. (valid email required)
    Subject Property Information
    1. (required)
    2. (required)
    3. (required)
    4. (required)
    5. (required)
    6. (required)
    7. (required)
    8. Property Under Contract?
    9. Do You Have A Survey?
     

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  • Loan Plans – Dallas / Ft. Worth

    Mañana makes improved Single Family real estate loans for:

    Purchases

    Refinance

    Cash Out


    Loan Plans to Choose From:

    2.9 points for a 7 month loan

    5 points for a 12 month loan


    LOAN PLANS LOAN LIMITS LOAN TO VALUE LOAN RATES
    ABOUT US LENDING AREA LOAN FEES FAQs
    Call 512 775 2817Get A LoanEmail info@mananafunding.com
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  • Loan Rates – San Antonio

    Interest Rates

    13% Annual Interest on all Loans


    Payments

    Monthly, Interest Only Payments are Required


    LOAN PLANS LOAN LIMITS LOAN TO VALUE LOAN RATES
    ABOUT US LENDING AREA LOAN FEES FAQs
    Call 512 775 2817Get A LoanEmail info@mananafunding.com
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  • Loan To Value – Dallas Ft. Worth

    LOAN TO COST

    Mañana will lend up to 100% of the total cost and sometimes more if the cost is supported by the market value. The loan amount can also be increased if the Borrower has additional collateral that can be pledged against the loan.


    LOAN TO ARV (AFTER REPAIR VALUE)

    Mañana typically lends up to 50% of ARV in the Dallas – Fort Worth area.

    We make our own judgments of value and will be glad to let you know what we think. You will never pay for an appraisal when doing business with Mañana.


    LOAN PLANS LOAN LIMITS LOAN TO VALUE LOAN RATES
    ABOUT US LENDING AREA LOAN FEES FAQs
    Call 512 775 2817Get A LoanEmail info@mananafunding.com
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  • FAQs

    Does Mañana charge Prepayment Penalties?

    Short Answer: No.

    Long Answer: Many hard money lenders charge prepayment penalties, but Mañana does not. The following language is in every Mañana Note Agreement:

    “Borrower may prepay at any time before the Maturity Date the entire unpaid principal balance of this note with interest to the date of prepayment plus a premium of ___ percent (___%) of the amount of the principal balance……. Borrower shall receive a credit against said prepayment premium for any points paid to Lender on or before funding.

     

    While the loan states that a prepayment penalty will be charged if there is early payoff, Mañana credits the discount points paid at closing against the prepayment penalties charged so that the Borrower pays only discount points at closing and absolutely no other fees or prepayment premiums at any time.  In the end, all the Borrower pays Mañana is 1.45 or 2.5 points at closing, whichever applies.  Borrower will also pay Broker fees to Jay Otto.

     

    Does Mañana require surveys?

     

     

     

    Short Answer:   Yes.

    Long Answer: Existing surveys are sometimes acceptable.  Title companies require surveys in order to provide title insurance to lenders for possible encumbrances on title due to encroachments, boundary issues, easements, etc.  Surveys also provide confirmation that the physical address and legal description represent the same property.  While some people avoid surveys due to the cost, it is the lender who has the most to lose if there is a problem, especially if the borrower does not have the financial wherewithal required (sometimes impossible sums) to fix the problem if one arises.


    Call 512 775 2817Get A LoanEmail info@mananafunding.com
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  • About Us

    Mañana Funding, LLC (“Mañana”) makes short term hard money loans (bridge loans) for the purchase, refinance, rehab or construction of improved single family properties. Unlike the practices of its competitors, Mañana is the only hard money lender in Texas which publishes its rates, fees and terms front and center on its website, for the prospective customer to plainly see.  As competitor websites tend to hide the very information you are looking for, our goal is to answer all your questions the first glance you ever make at us.  When you call Mañana, you will speak with a real person who knows your business. We can usually qualify your property over the phone in a matter of hours rather than weeks.


     

    In addition to our practice of transparency and quick response, Mañana lends on the completed value of your property and does not concern itself with your personal finances or credit.  What a refreshing way to do business!


    Call 512 775 2817Get A LoanEmail info@mananafunding.com
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