Fast Hard Money Loans For Experienced Investors

Delancey Street provides hard money loans nationwide to investors who have a verifiable track record. We fund up to 70-80% LTV, and focus on residential projects such as: buy and hold, fix and flips, and commercial real estate acquisitions. The biggest factor we look at is the experience of the investor and the LTV of the project they're requesting assistance with.

80% LTV

We fund loans up to 80%
LTV with no issues.
We DO NOT do 100% financing.

Fast

We promise to treat you
like a partner.
We don't like wasting time

No $ Limit

No limits on what we can
do for you.
We max out at 80% ARV.

70-80% LTV For Seasoned Developers Nationwide

Fix and Flip, Cash-out Refinance, and Acquisition Loans
For Experienced Real Estate Developers.

We Fund Real Estate Projects Nationwide

We fund projects nationwide, ranging from fix and flips, to commercial acquisitions. Bottom line, we can help - regardless of the size, or difficulty of the project. We do not do 100% financing - and prefer working with experienced real estate investors.

Recently Funded Projects

Hard Money

Financing for fix and flips, commercial estate, and acquisitions / refinancing
Financing up to 70% of the After Repair Value
We charge 9-10% on average, with no junk fees

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.

Delancey Street is here for you

Our team is available always to help you. Regardless of whether you need advice, or just want to run a scenario by us. We take pride in the fact our team loves working with our clients - and truly cares about their financial and mental wellbeing.

"Super fast, and super courteous, Delancey Street is amazing"
Leo
$125,000 Small Business Loan
"Thanks for funding me in literally 24 hours"
Jason
$35,000 Lawsuit Advance
"Great choice for first time fix and flippers"
Mary
$250,000 Hard money Loan

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