Cape Coral-Florida 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

Cape Coral-Florida Hard Money Loans

If you’re a real estate investor in Cape Coral, Florida, you’re aware of the great opportunities the area provides. Now you’ll have another tool to help you with your property financing. Our hard money loans provide investors with access to funds to purchase, rehabilitate, and otherwise improve real estate in the area. Even if you’ve had difficulty obtaining financing elsewhere, we’ll probably be able to help.

What is a Hard Money Loan and What Benefits Does It Provide?

A hard money loan is a temporary mortgage used by investors to secure and improve real estate for the purpose of reselling it for a profit. These loans offer fast approval and funding times. Within a few days, you could have access to all new opportunities.

Hard money loans are structured a bit differently than a regular mortgage due to their non-conforming nature. Since the loan is temporary, the term is typically one year or less with a maximum of five years with approval. The interest rates are a typically higher than a traditional loan; however, lower monthly payments are possible. Interest only loans and no need for mortgage insurance make the loans even more appealing to investors. These loans are intended for properties that the investor is not involved with after the sale of the property. The loan should be repaid at the time of sale and shouldn’t be extended beyond this point.

Hard money loans focus on the collateral rather than the borrower when being underwritten. This means that picking a great property that has a high profitability potential is important. Borrowers need not worry about poor credit, limited assets, or any other factors that may have been challenges in the past.

How are These Loans Better Than Using a Bank Loan?

Bank loans are typically funded and backed by the governmental agency that administers and backs these types of loans. For this reason, they must adhere to strict criteria when underwriting the loans. This can lead to a seemingly endless goose chase for a potential denial. Also, unless a significant down payment is made, you’ll most likely have to pay a hefty monthly mortgage insurance premium. With a hard money loan, all of this is bypassed. While our loans are certainly subjected to governmental regulations, we’re offered much more flexibility in the underwriting process. The funding time is perhaps one of the biggest benefits to using our company over a bank. You’ll wait days, not weeks or even months in some cases. Simply put, governmental loans aren’t appropriate for investment purposes.

What’s Required to Apply for a Hard Money Loan in Cape Coral, Florida?

You must have a property selected to apply for a hard money loan. Any information that you have available regarding the property is helpful. These items can include a recent appraisal, tax bills, the agreement of sale, and any other documents relating to the property. An updated appraisal will be ordered to ensure that the home values are consistent and that the anticipated after-repair value is realistic. Other documents relating to your personal and business finances may also be requested.

How Do I Apply for a Hard Money Loan in Cape Coral?

Applying is fast and easy with our online loan inquiry form. Simply provide some basic information and one of our friendly, dedicated, and professional loan representatives will be in touch to help. They’ll review all your options to find the best loan possible for your property. After the application is completed, we’ll contact you with more information relating to the loan approval and funding process. You’ll soon see why so many real estate investors in Cape Coral depend on us for all their financing needs. Get in touch with us and we’ll get your loan approval started, today!

Hard Money Loans

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