For real estate investors looking to move quickly on opportunities in St. Louis, access to fast, reliable funding is critical. That’s where fast approval for hard money loans in St. Louis comes into play. Westre Financial Group, a local lender with decades of experience, offers a straightforward lending process that puts speed and trust first.
Here are seven reasons investors keep turning to Westre Financial for fast approval hard money loans in St. Louis.
1. 100% Financing on Purchase Price
Unlike many lenders, Westre Financial provides loans for 100% of the purchase price of a property—as long as the numbers make sense. There’s no partial funding or need to split the deal. If the deal meets their criteria, they fund the full amount needed for acquisition.
This allows investors to jump on properties quickly without scrambling for large amounts of upfront capital. It also means a greater portion of an investor’s funds can be kept available for renovations or other opportunities.
2. Fast, Local Property Evaluations
Speed is key in real estate. Westre Financial doesn’t waste time with unnecessary delays. Once a property application is submitted, Brad visits the property the very next day. His evaluation is based on four clear criteria:
- Purchase price
- Renovation cost
- Soft charges
- Anticipated selling price based on comparable area sales
If the numbers work and the investor is set to make a reasonable profit, the loan gets approved and funds as soon as the title company is ready.
3. No Junk Fees
There are no surprise costs hidden in the fine print. Westre Financial doesn’t charge junk fees such as credit checks, processing fees, appraisals, or application fees. The only fee is a 2% origination fee, which is simply added to the loan amount.
This kind of transparency keeps the process clean and allows investors to calculate returns without fear of last-minute cost increases.
4. Deep Local Expertise
Westre Financial only lends in St. Louis City and St. Louis County. That’s it. This narrow geographic focus means they understand the local market inside and out. From neighborhood trends to renovation estimates and resale potential, their experience is grounded in local reality—not broad national models.
This focused strategy gives investors the advantage of a lender who knows the area, knows the risks, and knows how to spot a deal that will likely succeed.
5. Unmatched Experience
Brad and Barb Westre have been active in real estate since 1972 and have been in the hard money loan business since 2001. Over the years, they’ve made more than 2,650 loans totaling over $143 million.
Their experience goes beyond lending. They’ve owned and managed over 300 rental properties and previously operated a property management company that handled 850 units. When they evaluate a deal, it’s based on decades of hands-on real estate experience—not guesswork.
6. All Loans Funded In-House
Every loan is funded directly by Westre Financial. They do not borrow money or use investor funds. This gives them full control over the process and avoids delays caused by third-party decision makers or outside investors.
When they approve a loan, they fund it—simple as that. This independence is a big reason why their approvals are fast and reliable.
7. Straightforward Process
Getting started with Westre Financial is a clear and simple process. Here’s how it works:
- Complete the Borrower Application online.
- If needed, request a pre-approval letter.
- Brad evaluates the property the next day.
- If the numbers work, the loan is approved for 100% of the purchase price.
It’s a no-frills system that keeps the focus on getting to the closing table, not jumping through hoops.
Conclusion
For fast approval hard money loans in St. Louis, Westre Financial Group stands out for their speed, experience, and no-nonsense approach. Whether you’re buying your next rental or flipping a property in St. Louis City or County, they offer a simple, reliable way to fund your deal.
To get started, visit Westre Financial Group and download the loan applications today.