PLATINUM LENDER
We are your nationwide direct lender, funding your investment properties in a matter of days. As your private lender, we fund Fix and Flip, Bridge, DSCR, and New Construction loans. Investors benefit from same day approvals and competitive rates.
Park Place Finance services its own loans and has a dedicated draw request page, but it does not publish the mechanics of the draw process. The site says a borrower fills out a brief draw request form and a member of the servicing team reaches out, without stating the inspection method (physical or virtual), a per-draw turnaround, or whether draws are advances or reimbursements. Where Park Place is specific is closing speed: it advertises closings typically in three to five business days, backed by more than $1 billion funded across 4,000-plus loans. For rehab and construction investors, the draw process is handled by the in-house servicing team on a deal-by-deal basis rather than through a published schedule. Investors who need a predictable draw turnaround should confirm the inspection and funding steps directly before closing.
Park Place Finance, LLC is a direct nationwide hard money and mortgage lender based in Austin, Texas, offering renovation, ground-up construction, bridge, DSCR rental, and conventional purchase loans, with borrowers closing under an LLC.
• Fix and flip: up to 93% LTC, up to 90% LTV, up to 75% ARV, funding up to 93% of purchase and 100% of renovation (max 75% ARV), from 8.99%.
• Ground-up construction: up to 90% LTC.
• Bridge: up to 80% of the purchase price, on 6, 12, or 18 month terms.
• DSCR rental and conventional purchase loans round out the platform. Loans run $125K to $4M, under Texas NMLS 367411 and California NMLS 1112281.
Park Place Finance, LLC is a direct nationwide hard money and mortgage lender headquartered in Austin, Texas, with two Austin offices, offering renovation, DSCR rental, bridge, ground-up construction, and conventional purchase loans. All borrowers close under an LLC, financing investment property nationwide. It operates under Texas NMLS license 367411 and California NMLS license 1112281.
