Houma Hard Money Lender

Houma Hard Money Lender

In the Houma real estate market, grabbing properties before your competition is essential for making the best deals. Although real estate investors sometimes go the traditional route and seek bank loans, the process is anything but speedy.

When time is of the essence, waiting for the lengthy process of getting approval is not an option for most investors. Houma hard money lenders specialize in providing hard money loans which provide quick funds to investors. These loans are for a non owner occupied property or in some cases for business purpose loans.

Houma Hard Money Lender FAQ’S

Below are some of the most frequently asked questions we get regarding hard money loans and lenders in Houma.

What Do Houma Hard Money Lenders Specialize in?

Houma hard money lenders specialize in providing short-term, creative financing for real estate investors. If you seek a conventional lender to purchase an investment property, your loan request will be based on the property’s value and your assets. Your credit score, job, and finances will be scrutinized intensely.  Hard money lenders base their final loan decisions on the after-repair value. The ARV represents the potential value of a property after all repairs have been accomplished.

What are the Benefits of Houma Hard Money Loans?

Houma hard money loans offer advantages that traditional banks cannot. Lenders like Acamnet Financial offer a higher level of flexibility than banks.  When qualifying for this type of loan, lenders do not delve too deeply into the finances of real estate investors. In most cases, simply present the property and your plans, which saves you the hassle of gathering countless financial documents.

Do Houma Hard Money Lenders Look at my Credit Score?

One of the greatest benefits of working with Houma hard money lenders is the lack of credit score requirements. One of the first things a bank does is check your credit score.  You can get approved for a hard money loan in Houma even if you have bad credit or poor credit, bankruptcies, and foreclosures in the past. Houma Hard money lenders primarily care about the property you are purchasing.

What is the Interest Rate & Points for Hard Money Loans in Houma?

Interest rates for hard money loans in Houma are typically higher than traditional bank loans (conventional loans) because of the greater risk lenders must take on when approving loans. When searching for a hard money lender near me in Houma, you will find average interest rate is between 8%-15%.  You should also be aware that lenders sometimes charge points that are meant to offset their administrative costs. Each point represents 1% of the total loan amount.  The average points lenders charge is between 1 to 3. Some lenders may charge up to 10 points. These points are due upfront or at closing, depending on the lender.

What Should I Look for in a Houma Hard Money Lender?

There are many benefits to working with a Houma hard money lender.  You just need to make sure you are working with the right lender.  You can rely on Acamnet Financial Group when you need us most.  We offer reliability, consistency, experience, and support.  As a real estate investor, you know the importance of grabbing the best property deals when they become available.

How can Hard Money Lenders in Houma Help Me?

Whether you are new to real estate and real estate projects or an old pro, you know having the capital to purchase real estate is essential. Without funds, you will miss out on real estate transactions.  When you partner with hard money lenders in Houma, you will quickly get the money you need without jumping through the hoops of traditional bank lenders.

How do I get a Hard Money Loan in Houma?

When you want a hard money loan in Houma, begin by preparing the property information. Location, size, purchase price, after repair value, repair costs, etc.  In most cases, the financing will be based on these numbers.  Then, apply for a hard money loan in Houma using this information and supply some financial information.  Then, an appraisal will be ordered to assess the loan-to-value ratio, which will influence the loan amount.

How do I Refinance a Houma Hard Money Loan?

Refinance a Houma hard money loan will involve moving from a high interest, short term loan to a longer term, usually lower interest rate loan. Typically a conventional type of loan.  When refinancing a Houma hard money loan you will find it will have a more stringent set of guidelines.  You will need to have sufficient credit and income qualifications.  As the lending landscaping and regulations constantly change, you want to consult a knowledgeable conventional loan expert.

Here’s other cites we can help with in Louisiana: Louisiana hard money loans

Current Real Estate Trends In Houma (2024)

The real estate market in Houma, LA is currently in a buyer’s market, with home values trending downward. In September 2023, the median listing home price was $240,000, and the median listing home price per square foot was $136. The median home sold price was lower at $176,000.

Houma has an abundance of homes for sale, with 576 listings ranging from $1,600. The sale-to-list price ratio shows that homes are usually sold for an average of 3.83% below asking price. Homes in Houma stay on the market for an average of 85 days, suggesting a slower demand in comparison to the supply.

Although the median home prices had recently experienced a rise, the future outlook for the Houma property market is predicted to be negative.

Market Overview

The real estate market of Houma, LA reveals that the median listing home price in September 2023 was $240K, accompanied by a median listing home price per square foot of $136. This data implies that housing in Houma is relatively affordable compared to other cities in Louisiana.

It is worth noting that home values in Houma have been declining by 8.4% yearly, indicating a decrease in overall property values.

The sale-to-list price ratio in Houma suggests that homes are typically being sold for an average of 3.83% below the asking price. These signs point to a buyer’s market in Houma, with a greater number of homes being offered compared to demand.

To gain a better understanding of the real estate market in Houma, it is necessary to analyze the price and value trends going forward.

Price and Value Analysis

Median home prices in Houma City have seen a positive trend in the past year, with an average value of $182,439 along with a 3.3% rise in value. This implies a constant appreciation in the housing market in Houma.

The increase in house prices indicates a heightened demand for housing in the area, which could be attributed to numerous factors such as a powerful local economy and alluring amenities.

It is essential to understand that these numbers are based on historical data and may not necessarily reflect future trends.

Forecast and Projections

Investors and homebuyers considering the Houma real estate market should consider the potential opportunities and challenges ahead. Walletinvestor’s live forecast system predicts a short-term negative trend for the property market, meaning that a house in Houma City may not be a great investment in the near future. However, the long-term profit potential of investing in Houma homes is projected to be positive, with a potential profit of +1.77% in one year.

The median listing price of homes in Houma is projected to increase from $191,369 to $194,762 in the coming year. Over the next five years, it is estimated that the median listing price of homes in Houma will reach $208,163, indicating potential appreciation in the housing market.

The outlook for the real estate market in Houma appears mixed. While there may be potential for long-term growth, investors should be cautious in the short-term.



All About Houma

Discover the origins of the city’s name and learn about its fascinating etymology. Delve into the past as we uncover the significant events that have shaped Houma into the thriving community it is today.

Explore the city’s government structure and gain insight into the local administration that keeps Houma running smoothly. We will also delve into the education system, highlighting the schools and institutions that contribute to the growth and development of the city’s young minds.

Immerse yourself in the vibrant culture of Houma, from its mouthwatering cuisine to its lively festivals and celebrations. Get to know the friendly locals who take pride in their unique heritage.


The etymology of Houma can be traced back to the Choctaw word ‘homa,’ meaning ‘red’.

The name ‘Houma’ was given to the Native American tribe that inhabited the region known as Terrebonne Parish in Louisiana.

The Choctaw people, who were one of the largest Native American tribes in the southeastern United States, used the word ‘homa’ to describe the color red.

This was likely due to the red clay found in the area, which was used by the Houma tribe for pottery and construction.

Over time, the name ‘Houma’ came to represent both the tribe and the region they inhabited.

Today, the Houma people are recognized as a sovereign nation by the United States government.


Explore the fascinating history of Houma and uncover its rich heritage.

Houma has a long and storied past, dating back thousands of years. The area was originally inhabited by Native American tribes, including the Houma tribe, from which the city gets its name.

In the 18th century, French settlers arrived and established a trading post, which eventually grew into a thriving town.

Throughout its history, Houma has seen its fair share of challenges, including devastating hurricanes and economic downturns. However, the resilient spirit of its residents has always prevailed, and the city has continued to grow and prosper.

Today, Houma is a vibrant community with a diverse culture and a strong sense of pride in its history. As you delve deeper into the history of Houma, you will discover how its past has shaped its present and how its heritage continues to be celebrated.


The government of Houma operates under a mayor-council form of government, with the mayor serving as the chief executive and the city council as the legislative body. The mayor is elected by the citizens of Houma and is responsible for overseeing the day-to-day operations of the city.

The city council is made up of elected representatives from different districts in Houma and is responsible for making policy decisions and passing ordinances.

The government of Houma plays a crucial role in providing essential services to its residents. It is responsible for maintaining public infrastructure such as roads, parks, and utilities. It also ensures public safety by funding and operating the police and fire departments.

The government of Houma works to promote economic development and attract new businesses to the area, which helps to create job opportunities for residents.

The government of Houma has a significant impact on your everyday life. It is responsible for providing essential services, maintaining public infrastructure, and promoting economic development. Understanding how the government works can help you better navigate and engage with your community.


Education in Houma plays a crucial role in equipping you with the necessary skills and knowledge for personal growth and success. The Terrebonne Parish School District oversees the education system in Houma, which includes public, private, and charter schools. The district is committed to providing high-quality education and offers a wide range of programs and resources to support student learning.

Houma is home to several public schools, including elementary, middle, and high schools. These schools strive to create a safe and inclusive learning environment where students can thrive academically and personally. In addition to academic subjects, students have access to extracurricular activities, such as sports, clubs, and fine arts programs, which help foster their talents and interests.

For those seeking alternative education options, Houma also has private and charter schools. These schools provide specialized programs and smaller class sizes, allowing for more personalized attention and tailored instruction.

Higher education opportunities are available in Houma through the South Louisiana Community College and Nicholls State University. These institutions offer a variety of degree programs and vocational training to prepare students for their chosen careers.


Immerse yourself in the vibrant culture of Houma, where the traditions and values of the community come alive in captivating ways. Houma is known for its rich cultural heritage, which is deeply rooted in the Native American, French, and Cajun influences that have shaped the region over the centuries.

One of the highlights of Houma’s cultural scene is its vibrant music and dance traditions. The city is home to numerous festivals throughout the year, where locals and visitors can experience the lively rhythms of Cajun and zydeco music. These festivals also showcase traditional dances like the two-step and the waltz, providing a unique glimpse into the region’s cultural history.

Houma is also renowned for its delicious cuisine, which blends the flavors of Cajun, Creole, and French cooking. From seafood gumbo to jambalaya, there is no shortage of mouthwatering dishes to try. The city is dotted with restaurants and eateries where you can savor these culinary delights and experience the true taste of Houma.

In addition to music and food, Houma’s culture is also reflected in its arts and crafts. The city is home to talented artists and artisans who create beautiful paintings, sculptures, and pottery inspired by the local landscape and traditions. You can explore their work at the various galleries and studios scattered throughout the city.

Houma’s culture is a vibrant tapestry of music, dance, food, and art. By immersing yourself in this rich heritage, you can gain a deeper understanding and appreciation for the community’s traditions and values.