Broken Arrow-Oklahoma 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

Broken Arrow-Oklahoma Hard Money Loans

If you’re a real estate investor that buys and resells properties, exciting new financing options are available to you. Hard money loans make it possible to purchase a property and rehabilitate it with little or no down payment. The best part is that you’ll be funded within days rather than weeks or months. You’ll never have to pass up a great opportunity again.

What Are Hard Money Loans?

Hard money loans are a temporary form of financing that allows borrowers to purchase and rehabilitate a property. Also known as “fix and flip” loans, this form of financing focuses on the value of the property and the anticipated resale value of the property after the improvements are made. Another form of financing that’s also a hard money loan is a bridge loan. This form of financing allows a property to be purchased with little or no money down. This is beneficial when the investor is short on liquid assets but doesn’t want to miss out on a great opportunity. Since the real estate investment market moves quickly, these loans are great to keep in your “toolbox.”

How do Hard Money Loans Work?

Hard money loans are primarily based on the resale value and the current value of the property. Unlike a traditional bank or finance company loan, hard money loans focus on the project rather than the borrower. This means that you must have a property selected at the time of applying for the loan. Basic financial information may be requested. While hard money loans aren’t based primarily on credit and assets, these items will most likely be reviewed as a part of the approval process. The time from application to approval is also much shorter. These loans typically fund within a few days.

While hard money loans are an attractive option for real estate investors in Broken Arrow, Oklahoma, they may not be right for every borrower. Our company has many other programs available, so it’s always best to check ahead of time. Since hard money loans are a temporary solution, the term is typically from one to five years and rarely longer. Interest only and balloon repayments are common. This means that you’ll need to focus on selling the property in order to repay the loan. The appraisal and home inspection are essential elements to a hard money loan. This allows the lender to compare sales of similar properties in the area to determine an appropriate resale value. A home inspection helps determine the true condition of the property to ensure all necessary repairs are being made. Other helpful information includes estimates from builders and contractors.

How Do Bank Loans Compare to Hard Money Loans?

Bank loans are typically lower in their costs; however, the approval process and limitations are much greater. Since these loans are backed by governmental agencies, certain requirements must be met to qualify. These loans are also typically designed for owner-occupied properties rather than investment properties. Overall, hard money loans offer a much smoother transaction that works for most real estate investors in Broken Arrow.

How Do I Apply for a Hard Money Loan?

Applying for a hard money loan is easy. Our company offers a quick online application. You’re also welcome to give us a call with any questions. Once we receive your request, we’ll be in touch to discuss all your options. Our professional and dedicated loan representatives will ensure we find a good match for your scenario. You’ll be able to take on more projects with ease. See why so many real estate investors in Broken Arrow, Oklahoma trust us with their financing needs. Go online or give us a call to see how we can help you, today!

Hard Money Loans

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