About Us - HML Investments

EST. 2009

Built by Investors. Backed by Institutional Capital.

With over 15 years of industry leading experience and $1B+ in capital deployed, HML Investments provides the certainty of execution that professional developers demand.

$1B+ Funded

CAPITAL DEPLOYED

15+ Years

MARKET LEADERSHIP

Nationwide

LENDING FOOTPRINT

Why HML Exists.

HML Investments didn’t start as a lender. It started as a problem. Our founder Yanni Raz was a real estate investor first — buying, fixing, and reselling properties — and the same friction kept showing up on every deal. Banks were slow. Conventional financing didn’t fit how investors operate. The lending market was built for primary homebuyers, not for the people actually building, flipping, and holding investment property.

So in 2009, we built the lender we wished we had as investors:

Asset-based underwriting — the deal qualifies, not your tax return
Speed that matches the market — 24-hour pre-approvals, fast closes
Programs structured around how investors actually operate — LLCs, no income verification, exposure limits across pipelines, no Fannie cap

Fifteen years later, that’s still the company. We’ve grown to a team of 20+ across construction lending, fix & flip, DSCR rentals, and commercial bridge — but the operating principle hasn’t changed. Every program we offer was built because an investor needed something the banks couldn’t deliver.

INSTITUTIONAL TRUST

ENTREPRENEURIAL SPEED

Built for the People Doing This for a Living.

We’re not built for first-time homebuyers. We’re built for the operators, builders, and investors who move fast and play at volume.

01

Spec Home Builders

Scaling from 5 to 50+ homes/yr

Construction financing built around pipelines, not single projects. Pre-approved exposure limits. One approval that funds your whole year.

02

Active Flippers & Rental Investors

Closing deals weekly at volume

Building portfolios past the conventional 10-property cap. Need speed, leverage, and a lender that scales with them — not one that slows them down.

03

Multifamily Sponsors & Commercial Operators

$1M – $100M+ deals

Sophisticated capital structures, ground-up construction, value-add repositioning. Institutional-grade liquidity with the speed and flexibility of a private partner.

Meet the Team.

Two offices, one team, direct access to decision-makers — no broker queues, no committee shuffle.

FOUNDER & CEO

Yanni Raz

Yanni founded HML Investments in 2009 after years as an active real estate investor. He’s a regular contributor to Scotsman Guide and one of the most cited voices in private lending. He leads capital strategy, underwriting philosophy, and the firm’s institutional relationships.

PRESIDENT

Jonny Crosthwaite

Jonny leads operations, sales, and the firm’s national lending footprint. He works directly with sponsors and builders on capital structuring across construction, bridge, and DSCR programs.

What Makes Us Different.

Foundational principles that drive our investment philosophy.

Direct Access

No broker chain. You talk directly to the team who decides whether to fund your deal. Decision-makers, not gatekeepers.

Speed That Matches the Market

Commitments in 24 hours. Funding in as little as 5 days. We move at the speed of the market.

Built for Investors

LLCs, no tax returns, exposure limits, no Fannie cap. Every program designed around how investors actually operate — not retrofitted from a homeowner product.

We Grow With You

The first deal is an audition. After that, the relationship operates like a credit facility — exposure limits across your pipeline, faster closes on subsequent deals, one team that knows your business.

Don't Take Our Word For It.

4.8 stars on Google. Real reviews from builders, flippers, and investors we’ve worked
with.

    
 
 
       Posted on Google  
   
   Sebastian Sotillo 
 
 
 
 Trustindex verifies that the original source of the review is Google. Very Happy with all the professional services provided. Owen and the Team help my company grow on the new construction world a lot, Luxury home and Rental portfolio,  Thank you to everybody, Excellent Team.  Recommended 100%.
  
 
      Posted on Google  
   
   Kyle W 
 
 
 
 Trustindex verifies that the original source of the review is Google. HML, and specifically Ethan, has been great to work with. They understand real estate and construction, and their underwriting is more than fair. I can finally scale with a financial partner, instead of using my capital…
  
 
      Posted on Google  
   
   Evan Howard 
 
 
 
 Trustindex verifies that the original source of the review is Google. Owen and Whitney were awesome to work with and got things handled quickly and answered our questions quickly
  
 
      Posted on Google  
   
   Arne Carter 
 
 
 
 Trustindex verifies that the original source of the review is Google. Owen Youngren helped me with ground up construction loans and the process was amazing. Whitney was a great underwriter as well. This team is awesome. If you are a contractor who builds homes you should consider doing business here, they service nationwide.
  
 
      Posted on Google  
   
   jose lopez 
 
 
 
 Trustindex verifies that the original source of the review is Google. Eric and  Alex were very Professional efficient and really wanting to help. Did an amazing job with the speed of the loans and following up. Would definitely recommend them."
  
 
      Posted on Google  
   
   Mauricio Vivanco 
 
 
 
 Trustindex verifies that the original source of the review is Google. HML Investments, are an amazing team to work with. Their professionalism, patience, and attention has been excellent. Not to mention, The rates, the communication, the call backs, texting, the whole process has been excellent!  And Of course, Cara Tolzman, has been amazing. Her skill methods are top-tier....

Mauricio Vivanco
DLA Investments LLC
  
 
      Posted on Google  
   
   Terry Haney 
 
 
 
 Trustindex verifies that the original source of the review is Google. Super happy with these guys! Great communication and follow through on all levels! Will be back for more of my projects. Thank you Eric for you guidance and making it happen!
  
 
      Posted on Google  
   
   Mitch Brown 
 
 
 
 Trustindex verifies that the original source of the review is Google. I highly recommend Ori and Team at HML Investments!! Looking forward to more business with this team in the future!!
  
 
      Posted on Google  
   
   Charlotte Morrison 
 
 
 
 Trustindex verifies that the original source of the review is Google. Marc Rutenberg Homes worked on a construction loan with Eric from HML. Eric orchestrated everything so smoothly, he was on top of all the documents needed, made sure everything was received and forwarded to the correct people. He was a pleasure to work with and look forward to working with them in the future.