Texas Loan Star Inc – 2233 Yale St
Sources & References
https://www.bbb.org/us/tx/houston/profile/mortgage-banker/texas-loan-star-inc-0915-52001486
Not BBB Accredited. Mortgage Banker in Houston, TX. See BBB rating, reviews, complaints, and more
https://www.reddit.com/r/realestateinvesting/comments/197ohdx/starting_a_hard_money_loan_company_in_texas/
Starting a Hard Money Loan Company in Texas I'm about to set up a real estate hard money lending company in Texas. Here is my checklist; does anyone see anything missing or have any advice for me to improve my odds for success? Set up and register an LLC Set up a business bank account Consult with a real estate attorney to ensure there are no legal considerations I'm missing... Get E&O insurance Connect with institutional lenders to obtain capital Get my loan paperwork in order (monthly
https://www.zillow.com/lender-profile/TexasLoanStar/
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Frequently Asked Questions about Texas Loan Star Inc
Key points:
- For consumer loans, lenders may need OCCC oversight and must adhere to Texas Finance Code provisions, including rate and fee disclosures.
- For purely commercial hard money loans, licensing requirements can be less clear and vary by activity; always verify the lender’s compliance and licenses.
- When in doubt, check the lender’s registration (OCCC/Texas Finance Code) and BBB rating, and request transparent disclosures.
Sources: LoopNet listings for 2233 Yale St and 1039 Yale St; Texas Loan Star Inc LinkedIn profile.
Additional considerations include reputational risk from customer complaints and online reviews, which can impact business if disclosures or service levels fall short. For consumers, co-signing, non-traditional income verification, or bank-statement loans may introduce additional risk if income stability is uncertain. For more specifics, consult the Texas Department of Savings and Mortgage Lending and local consumer protection resources.