Question 1

How fast can I get approved?

Accepted Answer

We provide approval decisions in 1-2 business days. This is for approval, not closing. Once approved, closing timelines depend on title work and other factors.

Question 2

What are your current interest rates?

Accepted Answer

Residential loans: 12.95% fixed rate. Commercial loans: 14% fixed rate. Both have no prepayment penalties, so you can refinance anytime without fees.

Question 3

Do you check credit scores?

Accepted Answer

No, we do not require credit score checks. Our lending is asset-based, meaning we focus on the property value and your ability to make payments.

Question 4

What areas do you serve?

Accepted Answer

We exclusively serve Hidalgo County and Cameron County in South Texas, including cities like McAllen, Weslaco, Brownsville, Harlingen, Mission, Edinburg, and La Joya.

Question 5

Is there a prepayment penalty?

Accepted Answer

No! We do NOT have prepayment penalties on any of our loans. You can refinance or pay off your loan early without any fees.

Question 6

What's the difference between your residential and commercial loans?

Accepted Answer

Residential loans (12.95% rate) are for owner-occupied primary residences with 30-year amortization and 10-year balloon. Commercial loans (14% rate) are for investment properties, vacation homes, commercial real estate, and land with 20-year amortization and 3-year balloon.

Question 7

What loan amounts do you offer?

Accepted Answer

We typically lend between $50K to $500K, with occasional loans up to $1M depending on the property and situation.

Question 8

What is the LTV (Loan-to-Value) ratio?

Accepted Answer

We offer up to 70% LTV on both residential and commercial properties. This means if your property is worth $100,000, we can lend up to $70,000.

Question 9

How do you determine property value?

Accepted Answer

We use county-based valuations. As local experts, we are familiar with property values in Hidalgo and Cameron counties and use county appraisal data.

Question 10

What are the origination fees?

Accepted Answer

We charge 3 points (3% of the loan amount) as origination fees for both residential and commercial loans.

Question 11

What types of properties qualify for residential loans?

Accepted Answer

Primary residences (owner-occupied homes), single-family homes, and multi-family properties (2-4 units) located in Hidalgo or Cameron County. We do NOT do home equity loans or refinances on primary residences.

Question 12

What types of properties qualify for commercial loans?

Accepted Answer

Investment properties, vacation homes, commercial buildings, gas stations, car washes, land (agriculture, ranch, raw land), mixed-use properties, retail/office/industrial spaces, and multi-family residential for investment purposes.

Question 13

Who is Rey Hernandez?

Accepted Answer

Rey Hernandez is the founder and owner of Global Fox Financial. He has 15+ years of experience in private real estate lending in South Texas. Rey personally underwrites loans and is the decision-maker who can approve your loan. He and his investors analyze properties together to ensure smart lending decisions.

Question 14

How do I get started?

Accepted Answer

You can fill out our application form on the website, call Rey directly at +1 956-217-0391, or chat with Fox AI (our AI assistant) to get answers to your questions and start the process.

Question 15

What is the application process?

Accepted Answer

1) Submit your application with property details. 2) We review the property and your information. 3) Get approved in 1-2 business days. 4) Complete title work and closing documentation.

Question 16

Do I need to own a homestead to get a commercial loan?

Accepted Answer

Yes, for commercial loans, you must own a homestead. We will need a copy of your homestead deed for loan closing.

Question 17

What is the minimum age to apply?

Accepted Answer

You must be 18 years or older to apply for a loan.

Question 18

Can foreign nationals apply for loans?

Accepted Answer

Yes! Foreign nationals can apply and qualify for the exact same terms as provided on the website. You will need a valid passport.

Question 19

Will I need a survey for my property?

Accepted Answer

Sometimes, depending on the title company. The title company will let you know if a survey is required for your specific transaction.

Question 20

Do you ask for tax returns or financial statements?

Accepted Answer

No, we do not ask for tax returns or financials. Our lending is asset-based, focusing on the property value.

Question 21

Can my down payment be gifted from a relative?

Accepted Answer

Yes, the down payment can be gifted from a relative.

Question 22

Do you accept cash as a down payment?

Accepted Answer

No, we do not accept cash as the down payment.

Question 23

Does my down payment need to be seasoned?

Accepted Answer

No, the down payment does not need to be seasoned.

Question 24

Can self-employed borrowers qualify?

Accepted Answer

Yes. Because we are a private lender, we do not rely on W-2s or tax returns. Self-employed borrowers, business owners, and 1099 earners are welcome.

Question 25

Do you lend to foreign nationals?

Accepted Answer

Yes. We lend to foreign nationals investing in Texas real estate. No U.S. credit history or Social Security number is required.

Question 26

Can I borrow through an LLC or corporation?

Accepted Answer

Yes. We commonly close loans in the name of an LLC, corporation, or other entity for liability protection and tax planning.

Question 27

Do I have to be a Texas resident to borrow?

Accepted Answer

No, but the property must be located in Texas — primarily Hidalgo and Cameron County.

Question 28

Can first-time investors qualify?

Accepted Answer

Yes. We work with first-time investors as long as the property and exit strategy make sense.

Question 29

Do you run a hard credit check?

Accepted Answer

No. Our decision is based primarily on the property and the deal structure, not on a credit score.

Question 30

Do you finance fix-and-flip or rehab projects?

Accepted Answer

No. We do not fund fix-and-flip, rehab, or construction projects. We focus on stabilized, income-producing or move-in-ready properties.

Question 31

What property types do you lend on?

Accepted Answer

Stabilized residential (non-owner-occupied), multifamily, retail, office, and mixed-use commercial properties.

Question 32

Do you lend on multifamily properties?

Accepted Answer

Yes. Duplexes, fourplexes, and larger multifamily buildings are a strong fit.

Question 33

Do you lend on retail or office buildings?

Accepted Answer

Yes. Stabilized retail, office, and mixed-use properties qualify under our commercial program.

Question 34

Can I get a loan on my primary residence?

Accepted Answer

No. We only lend on non-owner-occupied investment and commercial properties.

Question 35

Do you lend on raw land?

Accepted Answer

Raw land is reviewed case-by-case and is not our typical product.

Question 36

What is the minimum loan amount?

Accepted Answer

Our typical minimum is around $100,000.

Question 37

What is the maximum loan amount?

Accepted Answer

Up to $1,000,000 on a case-by-case basis.

Question 38

What loan-to-value (LTV) do you offer?

Accepted Answer

Generally 60–70% LTV based on the property value.

Question 39

What are your current interest rates?

Accepted Answer

Our rates are fixed: 12.95% for residential and 14% for commercial — the same as quoted in our rate program.

Question 40

Do you offer interest-only loans?

Accepted Answer

No. All of our loans are structured as principal and interest (fully amortizing). We do not offer interest-only.

Question 41

What loan terms are available?

Accepted Answer

We offer 3-year or 10-year balloon options.

Question 42

Is there a prepayment penalty?

Accepted Answer

No. There is never a prepayment penalty on our loans.

Question 43

What are your points or origination fees?

Accepted Answer

Origination is typically 3 points, paid at closing.

Question 44

How long does the process take?

Accepted Answer

Most loans close in 1–3 weeks: application → internal property review → title work → funding. No third-party appraisers means no delays.

Question 45

What documents do I need to apply?

Accepted Answer

A short application, a property address, basic borrower info, and entity documents if borrowing through an LLC. No tax returns required.

Question 46

Do you require tax returns?

Accepted Answer

No. We do not require personal or business tax returns.

Question 47

Is an appraisal required?

Accepted Answer

Yes, but we perform the appraisal internally — we are the appraisers. No third-party appraisal fees or delays.

Question 48

Do I need title insurance?

Accepted Answer

Yes. Title insurance protects both you and the lender and is part of every closing.

Question 49

Who handles closing?

Accepted Answer

Closings are handled by our attorney, The Law Office of Dulce Hernandez. In some cases, a title company may handle closing instead.

Question 50

Can I pay off my loan early?

Accepted Answer

Yes. There is no prepayment penalty — you can pay off any time without extra fees.

Question 51

How is a private loan different from a bank loan?

Accepted Answer

Private loans are based on the property and the deal — not on credit scores, W-2s, or tax returns. Decisions are faster and more flexible.

Question 52

Can I do a cash-out refinance?

Accepted Answer

Yes. We offer cash-out refinances on qualifying investment and commercial properties.

Question 53

Can I refinance an existing loan with you?

Accepted Answer

Yes. We refinance existing private and commercial loans, including bridge and balloon payoffs.

Question 54

Do you sell my loan to another lender?

Accepted Answer

No. We hold our loans in-house — your loan stays with Global Fox Financial.

Question 55

Is my information kept confidential?

Accepted Answer

Yes. All borrower information is kept strictly confidential.

Question 56

Can I use the loan for partner buyouts?

Accepted Answer

Yes, on qualifying investment or commercial properties.

Question 57

Can I use the loan to consolidate other debts secured by the property?

Accepted Answer

Yes, on a case-by-case basis as part of a refinance.

Question 58

What areas do you serve?

Accepted Answer

Primarily Hidalgo and Cameron County, Texas — including McAllen, Mission, Edinburg, Weslaco, Brownsville, and Harlingen.

Question 59

Do you offer service in Spanish?

Accepted Answer

Yes. We are fully bilingual — English and Spanish.

Question 60

How do I get started?

Accepted Answer

Call (956) 217-0391 or fill out the request form on our site. Most borrowers get an answer within 1–2 business days.

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