Albuquerque Hard Money Loans

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.

Jason

Founding Partner (Cut and Stitch)
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

Albuquerque Hard Money Loans

A hard money loan is a unique type of loan our company is now happy to make available to our real estate investors in Albuquerque. This loan places an emphasis on collateral rather than income, assets, and other factors typically associated with traditional financing and bank loans. This means that investors have a much easier time obtaining an approval. Our company is also able to approve these loans within days, not months. Faster funding times can be the “make or break” factor with any type of real estate transaction. Don’t leave it up to chance, get in touch with us for a hard money loan in Albuquerque and make your project a reality, today.

How is a hard money loan any different than any other loan?

As previously noted, hard money loans take the entire picture into account. Rather than basing their decision on a credit score, they consider the undertaking of the project and how it would be mutually beneficial to the company and the borrower. With this type of outlook, more loans can be made based on profitability rather than history. Getting a borrower with credit blemishes back on track also benefits them in the future. They’ll be able to qualify for a myriad of programs that will provide limitless opportunities. Also, the speed that the loans are underwritten and funded are improved considerably. Being able to move quickly means more won bids, faster completion times, and the opportunity to establish a solid reputation with buyers and the businesses that Albuquerque real estate investors transact business with.

What is needed to apply for a hard money loan in Albuquerque?

At the bare minimum, a property must be selected. It’s also helpful for our investors to anticipate any issues that may arise ahead of time. Properly documenting any questionable items and having explanations prepared is significantly helpful. Business and personal financial statements such as assets and income are also helpful. The more information that’s available upfront can cut underwriting and processing times. Also, having a solid game plan and any additional information regarding the property shortens the entire process. Avoiding any property that’s owner-occupied and having any “red flags” is crucial.

What are the acceptable types of properties that a hard money loan can be used for?

Land, lots, non-owner-occupied dwellings, and multi-unit properties are some of the most commonly used collateral for a hard money loan. House flippers and those looking to rent properties are also common borrowers. If the intention is to make a profit, a hard money loan can be a reasonable and viable solution. The loans are typically able to be converted into construction and permanent loans at the conclusion of their term. Since a hard money loan is intended to be a short-term solution, the length of the loan is typically two years or less. At that point, the investor must either convert, refinance, or payoff the loan amount.

Where can I get more information regarding hard money loans?

Since the loans we provide are highly customized, getting in touch with us for a hard money loan in Albuquerque is the best place to start. You’ll be able to speak with a dedicated professional and discuss your scenario. They’ll give you a quick pre-approval and go over all the specifics of the loan and any other options you may have. For more generalized information, Wikipedia is a great place to check. The specific article can be located by visiting https://en.wikipedia.org/wiki/Hard_money_loan. Investopedia also offers a great article that highlights the features and benefits of hard money loans. The article can be located by visiting https://www.investopedia.com/articles/wealth-management/040216/using-hard-money-loans-real-estate-investments.asp.

I’m ready to apply, what do I do now?

As previously mentioned, getting in touch with one of our dedicated hard money loan professionals in Albuquerque is the first step. Having as much information available as possible is also helpful. Having a pen and paper in hand is helpful for writing down all the options and details. Before you know it, you’ll have the funding you need for your next project. Give one of our professional loan representatives a call and get all the information you need and your pre-approval, today.

Hard Money Loans

Need funding for your next project?

Complete Our Application