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

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!

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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