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Park Place Finance describing itself
Park Place Finance
Austin, TX·Founded 2006·Nationwide
Park Place Finance is a nationwide direct hard money lender offering same-day approvals and 3-5 day average closings on fix-and-flip, bridge, construction, and DSCR rental loans.
Loan programs
Term
—
Rate
—
DSCR / Long-Term Rental
$100K – $2.5MTerm
30 yr
Rate
7.25% – 10%
Amortization
30-Year Fixed, Interest-Only
Maximum leverage
Max LTV 80%Max LTV (cash-out) 75%
Eligible property types
Single-Family (SFR) · Condo / Townhome / PUD · 2–4 Unit Residential · Short-Term Rental (STR)
Fix & Flip
$100K – $2.5MTerm
12 mo – 23 mo
Rate
9.99% – 12.99%
Amortization
Interest-Only
Maximum leverage
Max LTC 90%Max ARV 70%Max LTCV 65%
Term
—
Rate
—
Term
30 yr
Rate
7.25% – 10%
Amortization
30-Year Fixed
Maximum leverage
Max LTV 80%Max LTC 75%Max LTCV 65%
Eligible property types
Single-Family (SFR) · 2–4 Unit Residential
Term
—
Rate
—
Terms & qualification
- Typical loan size
- $100K – $2.5M
- Typical term
- 12 mo – 23 mo
- Interest rate
- 9.99% – 12.99%
- Origination / points
- 1.5% to 3%
- Minimum FICO
- 640
- Lien position
- —
- Prepayment penalty
- —
- Payment structure
- —
- Recourse
- —
- Closing speed
- —
- Prepayment structure
- None
- Cross-collateral
- —
- Equity / JV capital
- —
- Income documentation
- —
- Borrower entity
- —
- Experience required
- No experience required for fix-and-flip or bridge loans. Ground-up construction requires at least 1 completed project in the past two years.
Property types
Lending footprint
Sources
This record was compiled from the public pages below. Figures reflect what each source published when it was retrieved and are not a quote — confirm current terms with the lender.
- Private Lender Linkretrieved 2026-09-15
- Lender websiteretrieved 2026-09-15
- Drive Active Compact FULL 2026-09-15retrieved 2026-09-15
- FlipperForce Lender Directoryretrieved 2026-09-14