Allentown-Pennsylvania 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.

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

Allentown-Pennsylvania Hard Money Loans

If you’re a real estate investor that’s ready to take on more projects, you’re in luck. Our company provides hard money loans that are a great alternative to traditional financing methods. Whether you’re looking to flip houses or just need to purchase a property quickly with no or little money down, you’ll benefit from our services.

What is a Hard Money Loan?

If you’re unfamiliar with hard money loans, they’re a form of temporary financing that allows you to purchase an investment property with little or no money down. A bridge loan bridges the gap between the time it would take to qualify for permanent financing or another type of loan but need to act quickly. A rehabilitation loan allows you to purchase the property and obtain the amount you need to make the necessary repairs for resale. In either case, the loan term is typically from one to five years and is a stepping stone to making profits.

How is a Hard Money Loan Different than a Traditional Bank Mortgage?

Hard money loans are different from traditional financing methods in several ways. A traditional bank loan focuses on both the borrower and the property. A hard money loan focuses on both factors; however, there’s a much stronger emphasis on the collateral rather than the borrower. This means that borrowers without perfect credit and limited assets may still be able to qualify. We have many different loan programs that allow for flexibility in our lending. The focus on the borrower in a hard money loan is for the purpose of understanding the entire scenario. The collateral is given the most weight in this transaction. The current value, amount of work that needs to be completed, and the resale value of the property after the work is finished are the most important factors.

Since the value of the home is given heavy consideration with a hard money loan, a strong and recent appraisal are necessary. A home inspection is also useful to determine the overall condition of the property and to avoid any costly issues that may surface later in the project. A traditional bank loan would place a heavy emphasis on the borrower’s employment history, credit record, income, and assets. These items aren’t given as much consideration with a hard money loan.

The cost of a hard money loan is also higher than a traditional mortgage. Interest only and balloon repayments are often utilized with these types of loans. It’s important that the borrower have a solid exit strategy and that they don’t possess the property for any longer than necessary. The added flexibility and opportunity that’s presented with hard money loans make it a worthwhile investment for many developers.

Traditional mortgage loans also take a much longer amount of time to process and fund. Weeks if not months are common with these types of loans. With a hard money loan, the entire process can typically be completed within one week providing all conditions are met.

How Do I Apply for a Hard Money Loan?

Applying for a hard money loan is easy. Our company provides you with an online application that takes only a few minutes to complete. You’re also able to get in touch with us by phone if you’d prefer. We’ll review the request and issue you a pre-approval as quickly as possible. The loan representative will review all your options and explain exactly how to complete the process. After submitting all the requested documentation, you’ll be scheduled for funding. You’ll be able to review the disclosures and ask any outstanding questions you may have. See how we’ve helped so many other real estate investors just like yourself in Allentown. Give us a call or apply online to get your hard money loan pre-approval, today!

Hard Money Loans

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