Alexandria 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

High LTV

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

Fast

We promise to treat you like a partner.

No $ Limit

No limits on what we can do for you.

Recently Funded Projects

Residential Refinance
Residential Refinance

Residential refinance in Los Angeles, with a loan amount of $830k, at 75% LTV. We were able to help the investor get a loan at 8.99% with a balloon payment after 18 months.

Raised
$830,000
APR
8.99 %
ARV
75%
100% Funded!
Residential Investment
Residential Investment

Delancey Street funded a new residential purchase in California, for $1.2 million with 82% LTV. We helped the developer with a loan at 11% with a balloon payment in 9 months.

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

Property in New York was torn down, and redeveloped. We provided a 60% LTV loan for $700k. We charged no upfront fees, and had a balloon payment after 10 months.

Raised
700,000
APR
9.0 %
ARV
60%
100% Funded!

Hear from people we’ve helped

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

- Leo kovacz

Industries We Service

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:

Hard money loans are short-term loans that are backed by real estate. Private lenders are the ones who provide the funds. People typically take out hard money loans for 12 months. However, some people will take out a hard money loan for two to five years.

The value of the property is what determines how much you will be able to borrow. People often get hard money loans because they are turned down for other types of financing. Hard money loans are ideal for the following types of situations.

  • Land loans
  • Construction loans
  • Fix and flips
  • Buyers with credit issues
  • Real estate investors who need to make quick decisions

Types of Property That can be Used for Hard Money Loans

Borrowers can get hard money loans for just about any type of property. This includes multi-family homes, single family homes and commercial property.

Why Real Estate Investors Choose Hard Money Loans

There are several reasons that people choose to use hard money loans. One of the main reason that real estate investors choose hard money loans is because they can quickly get the funds that they need. Many people who apply for a hard money loan are able to get their funds in just one week. However, it can take 30 to 45 days to get funds from a traditional lender.

In some cases, people can get approved for a hard money loan in just one day. The ability to get funds quickly works in the real estate investor’s favor. The real estate investor may be trying to get a property that has already received several bids. A hard money loan helps the real estate investor close the deal quickly.

People may also opt to borrow a hard money loan if they have been rejected by other lenders. Short sales, credit problems and foreclosures can make it a lot harder to get approved for a loan. A traditional lender will also look at your income. People who have just got a new job may have trouble getting approved by a traditional lender.

How to Qualify for a Hard Money Loan

The property that you are trying to secure will determine how much funding you can get. The higher the value of the property is, the more money you will be able to get. Valuable property is the main qualification that is needed to get a hard money loan.

It is important to note that some hard money lenders will only lend to people who have specific types of property. There are some lenders who will only lend to people who have commercial properties. Others will only lend to people who have residential properties.

The lender may use your credit score to determine what the interest rate on the hard money. However, it will not be used to determine whether you get approved. Hard money loans typically have higher interest rates than other types of loans.

Some lenders will ask for a plan that states how you will be using the loan. The plan should also show your plan for repaying the loan.

What to Know About Paying Back Your Hard Money Loan

You will need to read all of the terms and conditions before you pay back your loan. The terms and conditions will outline the interest rates and repayment schedule. The process of repaying a hard money loan is similar to paying any other type of loan. However, you may be able to negotiate with a hard money lender and get your payment schedule changed.

It’s Simple

  • 1 Tell us what you need
  • 2 We'll evaluate it
  • 3 We'll offer our terms

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  • Risk free to you, no strings
Get pre-qualified today