Best Hard Money Lenders

We empower entrepreneurs, real estate investors, and businesses of all sizes challenge the status quo. We take risks on the go-getters, and do’ers – who have an opportunity and need a partner.At Delancey Street, we invest in people and their ideas – not abstract concepts like credit scores, or other financial metrics. Tell us about your idea, let’s discuss your opportunity

1

High LTV

We fund hard money loans up to 80-90% LTV with no issues.

2

Fast

We promise to treat you like a partner

3

No $ Limit

No limits on what we can do for you.

Business Funding

Our client was a trucking company based out of NY, that needed quick funding. In 24 hours, we arranged $100,000 in funding.

Raised
APR
ARV
700,000
9,0%
60%
100% Funded!

Residential Refinance

We funded a purchase in California, for $1.2 million with 65% LTV. We helped the developer with with a 11% loan with balloon payment.

Raised
APR
ARV
1,200,000
11%
82%
100% Funded!

Lawsuit Funding

Client was injured in a car accident and needed a cash advance on the future value of his lawsuit. In 48 hours, our funders wired funds over.

Raised
APR
ARV
830,000
8,99%
75%
100% Funded!

PARTNERS FIRST.
LENDERS SECOND.

Hear from people we've helped

Delancey Street makes lending easy. They took a chance on me when no one else would.

Leo kovacz

Founding Partner (Zooomr Car Leasing)
Delancey Street funded our e-commerce shop and really gave us the chance to grow our business significantly.
Delancey Street makes lending easy. They took a chance on me when no one else would and helped my...

Steven Goldman

Founding Partner (Goldman & Associates
Chicago Lawyer)

Industries We Service

Cannabis
Residential Real Estate
Commercial Real Estate
Startups

Our team is always available, and ready to help

Our team of industry experts is ready to help with all of your business needs. Whether you’re looking for a reliable hard money lender, looking to go public via a reverse merger, or need private capital for a venture – we can help.

Industry Experts

Our team consists of extremely qualified industry experts

Quick Service

We work diligently, and quickly, to help you

Our team is always available, and ready to help

Our team of industry experts is ready to help with all of your business needs. Whether you’re looking for a reliable hard money lender, looking to go public via a reverse merger, or need private capital for a venture – we can help.

Industry Experts

Our team consists of extremely qualified industry experts

Quick Service

We work diligently, and quickly, to help you

We’re here to answer your
questions. Contact us anytime:

Minimum Qualifications Requirements

Delancey Street’s team consists of builders, developers, hard money lenders, and entrepreneurs. We understand your project has unique needs, and not every project is going to be easy and be ideal. These are general guidelines which should be interpreted as a suggestion, rather than mandatory.

At the end of the day, we look at you – just as much as the quality of the deal and the qualifications.

  • Risk Free. No Application Fees.
  • Decisions Within 48 Hours.

Hard Money Loan Guidelines

Speed We close within 24-48 hours
Paperwork Not much
Qualification Project and LTV matter. We don’t care about your credit.
Maximum LTV 80-90%
Loan Terms 12-48 Months

It’s Simple

  • 1 Tell us your financial request
  • 2 We consult & provide terms
  • 3 We finalize the transaction

Get pre-qualified

  • Looking to purchase a property
  • No obligation and no effect on y
Get pre-qualified today

Best Hard Money Lenders

Best Hard Money Lenders

A hard money loan is the ideal funding option for real estate investors when conventional funding is not suitable for their deal. Many real estate investors prefer using hard money because they can get the capital fast. In many instances, a hard money loan can close within three to five business days.
Unlike banks and credit unions, hard money lenders focus on the value of the subject property. They are not interested in scrutinizing the investor’s credit score. The subject property is used as collateral for the short-term loan.
There are several advantages associated with getting a hard money loan. We will now take a close look at one of the most popular real estate financing options today. Let’s get things underway.
What is a Hard Money Loan?
It can be extremely difficult for you to get approved for a conventional real estate loan if the lender is not comfortable with your annual income and credit score. Traditional lenders are only interested in dealing with consumers that can show they are capable of repaying the loan on time. This is the primary reason why they have prospective borrowers fill out extensive paperwork. However, you can avoid this by pursuing a hard money loan.
A hard money loan is an asset-based loan or an equity-based loan. Funds for hard money loans typically come from a private investor or a group of private investors. Your personal credit score is not a big issue, and you will not be asked to fill out a stack of loan documents. The hard money lender will ask you to put up a large down payment. The significant down payment helps to lower the lender’s risk on the loan.
Hard money loans may not be for everyone, but they offer many advantages that are too hard to overlook. For example, it would make sense for you to get a hard money loan if your credit score is extremely low. Please keep in mind that a hard money loan comes with a higher interest rate and processing fees. Despite that, short-term funding will put you in position to buy residential and commercial real estate fast.
How do Hard Money Loans Work?
Hard money loans are designed for short-term situations. The borrower must repay the loan back within 6 to 24 months. This is fine for the investor because the interest rate for a hard money loan is much higher than the interest rate attached to conventional real estate funding. Hard money loans are suitable for any investor that would like to do more deals with less capital. At the end of the day, the investor gets the golden opportunity to get a greater return on their investment.
What Makes Hard Money Loans Unique?
Novice investors learn that hard money or private money is a better alternative to traditional real estate financing. Why deal with the bank’s strict lending requirements when you can get capital from a private lender with softer lending requirements? It doesn’t take a rocket scientist to see that short-term loans can help you become a successful real estate investor.
Here are three distinct advantages of getting hard money:
Faster Closing – If you are approved, you will not have to wait 30 to 60 days to get the funds for your deal. As we stated earlier, your loan proceeds can be disbursed within several days.
Softer Terms – A hard money lender will not make you jump through hoops. The terms are simple and flexible. The subject property will be the main focus. Things should go well if the property does not raise any red flags.
Flexible Payment Schedules – Traditional lenders must follow strict guidelines. In most cases, they are unable to make changes to the repayment schedule. However, hard money lenders can make changes to the repayment schedule with ease.
How Can You Get a Hard Money Loan?
Submit your information to the hard money lender after you have a property at hand. The loan process will begin after the lender gets your information.

Hard Money Loans

Need funding for your next project?

Complete Our Application