# USA Mortgage > USA Mortgage is a direct private and hard-money lender for real estate investors, operators, and developers, headquartered in Bee Cave, Texas and lending in most states. "USA Mortgage" is an assumed name (DBA) of USAM I FUND, LLC. We fund with our own capital and make our own credit decisions, so deals close fast. Tagline: "Hard money. Soft terms." Loans are for business purposes only; this is not a commitment to lend. ## Key facts - Also known as: USAM Fund, USAM. "USAM" is an acronym for USA Mortgage, so "USAM Fund" and "USA Mortgage" refer to the same business, not to two companies - Legal entity: USAM I FUND, LLC, a Texas limited liability company, doing business as USA Mortgage - Not affiliated with: USA Mortgage / DAS Acquisition Company LLC (usamortgage.com), a separate and unrelated mortgage bank - Lender type: direct private / hard-money lender (not a broker); funds with in-house capital - Coverage: most states (not available in all states); headquartered in Bee Cave, Texas - Track record (advertised): $1B+ funded, 25K+ loans closed - Speed: same-day term sheets; typical close in 5-7 days; can fund within 48 hours of clear title - Published starting rates: DSCR rental from 5.50%, Fix and Flip / hard money from 9.99%; subject to underwriting (see each program page for current terms) - Phone: 512-617-9400 - Application: https://usam.net/apply (multi-step, no hard credit pull to start) ## Loan programs - [Fix and Flip](https://usam.net/programs/fix-and-flip): acquisition and rehab in one fast-closing loan - [Rental / DSCR](https://usam.net/programs/dscr-rental-loan): long-term financing that qualifies on the property's cash flow, not personal income - [Ground-Up Construction](https://usam.net/programs/ground-up-construction): capital to build from the dirt up, with a draw schedule - [CRE Bridge](https://usam.net/programs/cre-bridge): flexible commercial bridge and cash-out - [Transactional Funding](https://usam.net/programs/transactional-funding): same-day capital for wholesaler double closings - [Bank Statement / No-Doc](https://usam.net/programs/bank-statement-loan): financing that skips income paperwork - [Conventional Investment](https://usam.net/programs/conventional-investment): conventional financing for investment property - [Portfolio Loans](https://usam.net/programs/portfolio-loans): one loan across a whole rental portfolio - [CRE Permanent](https://usam.net/programs/cre-permanent): long-term permanent commercial financing - [SBA Financing](https://usam.net/programs/sba-loan): 7(a) and 504 for owner-occupied real estate ## Free investor tools (calculators) - [DSCR calculator](https://usam.net/calculators/dscr) - [Fix and Flip profit calculator](https://usam.net/calculators/fix-and-flip) - [BRRRR calculator](https://usam.net/calculators/brrrr) - [Hard money cost calculator](https://usam.net/calculators/hard-money-cost) - [Cap rate calculator](https://usam.net/calculators/cap-rate) - [Cash-out refinance calculator](https://usam.net/calculators/cash-out-refinance) - [Construction loan calculator](https://usam.net/calculators/construction-loan) - [Bridge loan calculator](https://usam.net/calculators/bridge-loan) - [Bank statement income calculator](https://usam.net/calculators/bank-statement-income) - [Portfolio loan calculator](https://usam.net/calculators/portfolio-loan) - [SBA loan calculator](https://usam.net/calculators/sba-loan) ## Local markets Metro hubs with local lending guides for every program. Each hub links to 10 localized program pages, e.g. https://usam.net/austin/fix-and-flip. Each page answers the local questions (property taxes, foreclosure process, permit timelines, insurance, market conditions), and most also answer the qualifying questions (credit, down payment, minimum loan size) for that metro. Texas: - [Texas (statewide)](https://usam.net/texas) - [Austin](https://usam.net/austin) - [College Station](https://usam.net/college-station) - [Corpus Christi](https://usam.net/corpus-christi) - [Dallas](https://usam.net/dallas) - [Denton](https://usam.net/denton) - [El Paso](https://usam.net/el-paso) - [Fort Worth](https://usam.net/fort-worth) - [Galveston](https://usam.net/galveston) - [Houston](https://usam.net/houston) - [Killeen](https://usam.net/killeen) - [Lubbock](https://usam.net/lubbock) - [McAllen](https://usam.net/mcallen) - [Midland](https://usam.net/midland) - [New Braunfels](https://usam.net/new-braunfels) - [San Antonio](https://usam.net/san-antonio) - [Tyler](https://usam.net/tyler) - [Waco](https://usam.net/waco) Florida: - [Florida (statewide)](https://usam.net/florida) - [Fort Lauderdale](https://usam.net/fort-lauderdale) - [Fort Myers](https://usam.net/fort-myers) - [Jacksonville](https://usam.net/jacksonville) - [Miami](https://usam.net/miami) - [Orlando](https://usam.net/orlando) - [Sarasota](https://usam.net/sarasota) - [Tampa](https://usam.net/tampa) - [West Palm Beach](https://usam.net/west-palm-beach) North Carolina: - [North Carolina (statewide)](https://usam.net/north-carolina) - [Charlotte](https://usam.net/charlotte) - [Greensboro](https://usam.net/greensboro) - [Raleigh](https://usam.net/raleigh) Oklahoma: - [Oklahoma (statewide)](https://usam.net/oklahoma) - [Oklahoma City](https://usam.net/oklahoma-city) - [Tulsa](https://usam.net/tulsa) Georgia: - [Georgia (statewide)](https://usam.net/georgia) - [Atlanta](https://usam.net/atlanta) Tennessee: - [Tennessee (statewide)](https://usam.net/tennessee) - [Nashville](https://usam.net/nashville) California: - [California (statewide)](https://usam.net/california) - [Central Valley](https://usam.net/fresno) - [Inland Empire](https://usam.net/riverside) - [Kern County](https://usam.net/bakersfield) - [Los Angeles](https://usam.net/los-angeles) - [Oakland](https://usam.net/oakland) - [Orange County](https://usam.net/orange-county) - [Sacramento](https://usam.net/sacramento) - [San Diego](https://usam.net/san-diego) - [San Francisco](https://usam.net/san-francisco) - [San Jose](https://usam.net/san-jose) - [Stockton](https://usam.net/stockton) Colorado: - [Colorado (statewide)](https://usam.net/colorado) - [Colorado Springs](https://usam.net/colorado-springs) - [Denver](https://usam.net/denver) - [Fort Collins](https://usam.net/fort-collins) Washington DC: - [Washington DC](https://usam.net/washington-dc) Washington: - [Washington (statewide)](https://usam.net/washington) - [Bellingham](https://usam.net/bellingham) - [Everett](https://usam.net/everett) - [Olympia](https://usam.net/olympia) - [Seattle](https://usam.net/seattle) - [Spokane](https://usam.net/spokane) - [Tacoma](https://usam.net/tacoma) - [Tri-Cities](https://usam.net/tri-cities) - [Vancouver](https://usam.net/vancouver-wa) - [Yakima](https://usam.net/yakima) ## Popular guides - [What Is a DSCR Loan?](https://usam.net/resources/what-is-a-dscr-loan) - [Fix and Flip Loan Requirements](https://usam.net/resources/fix-and-flip-loan-requirements) - [Financing the BRRRR Method](https://usam.net/resources/brrrr-method-financing) - [Hard Money Loan Rates and Costs](https://usam.net/resources/hard-money-loan-rates-and-costs) - [How Fast Can a Hard Money Loan Close?](https://usam.net/resources/how-fast-can-a-hard-money-loan-close) - [Hard Money vs Private Money](https://usam.net/resources/hard-money-vs-private-money) - Full library: https://usam.net/resources ## More - [Programs overview](https://usam.net/programs) - [Glossary of investor-finance terms](https://usam.net/glossary): 31 defined terms, from ARV and DSCR to millage, REET, and impact fees - [Markets map](https://usam.net/markets): every metro we lend in - [Program comparisons](https://usam.net/compare): side-by-side, e.g. DSCR vs conventional - [Qualify quiz](https://usam.net/qualify): points you at the right program in a few questions - [Partners (agents and wholesalers)](https://usam.net/partners) - [About](https://usam.net/about) - [Contact](https://usam.net/contact) - [FAQ](https://usam.net/faq) - [Sitemap](https://usam.net/sitemap.xml)