Hard Money Loans Charlottesville

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.


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.

8.99 %
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.

11 %
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.

9.0 %
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:

What makes a hard money lender different from a conventional lender

The critical difference between traditional lenders and  hard money lenders is that hard money lenders are asset centric lenders. They focus on the asset associated with the by the person asking for the loan. But, traditional banks hone in on your credit and how much cash on hand the real estate investor has. It is super important to remember hard money loans aren’t great for the long run. The objective of a hard money loan is to be a short term loan that gets you the investment property you’re trying to acquisition. Hard money lenders focus on short term loans that reap high profits. If you fail to pay the lender back, then the hard money lender can take over your property in order to settle his/her loan.

When should you think about getting a hard money

Hard money loans are used as investment tools by investors. Here are some situations where a hard money loan is a great idea, such as:

Not able to find financing elsewhere. Funding real estate investments is complex. Traditional mortgages are tough to acquire under normal situations. Banks are very careful of making loans for purposes of real estate investments, instead of loans for residences. As a result, if you’re looking for investment capital – then you’ll probably have to get a loan from a hard money lender.

You’ve got a poor credit score. Hard money loans are based off the collateral of the investment, not your ability to repay. Loans made to consumers – as opposed to private money lenders – are based off your ability to repay the loan. This means if you’ve got a bad credit history or no steady income – then you might not get approved for financing. You need capital. Private money loans are great so you can get money ASAP. Traditional loans take time. Hard money is extremely fast. If you need to capitalize on an opportunity immediately, then you can find a hard money loan. If you can wait a few weeks, then it is better to find a hard money loan.

Hard money lenders can finance your deals fast

Hard money lenders assist a very specific group of people, i.e. real estate investors. Hard money lending is a type of bridge term lending, which is secured by property. Specifically, the men and women who use hard money loans are generally real estate investors – typically, people who are being denied a conventional loan due to stringent guidelines.

Hard money lenders exist because they are fast, and offer loans with little to no headaches. Hard money lenders have a smooth application system. They expect collateral and do not look at your credit rating. They concentrate on your experience, as opposed to your credit score. If you’ve got a bad financial past, it’ll be easier to obtain financing with a hard money loan rather than a conventional loan which is granted based on your credit report. Below are scenarios where hard money lenders fill a void that traditional lenders do not touch:

Charlottesville Hard money loans can be used for repair and flip property investors

Most traditional lenders will not offer you a loan to get a fix and flip job. If the house is in bad condition, or there’s some other abnormality with the home, then a conventional lender won’t give you funding. Additionally, most fix and flip prospective deals”go quickly.” The seller is extremely motivated to sell the property, and will accept the first deal. Traditional lenders take forever, so by the time the loan is approved – you have already lost the property since someone paid cash for it. If you have a hard money lender on your side who will close a loan in 5-10 days, you can get the fix and flip property.

Hard money loans a type of bridge financing

Sometimes, your job goes over-budget and as a result you need additional money. Some traditional lenders will refuse, because the project isn’t completed. Though this can be catastrophic, a hard money lender may be willing to lend you the money. Hard money lenders are delighted to provide money to bridge the gap in funding, and can work with you to fill this void.

Hard Money can be used for Family Residential Investment Properties

Hard money loans can be used for various kinds of properties, which range from commercial properties to residential properties. Typically real estate investors who contact us are looking for a loan for single family home. Many do a fix and flip, or they are buying the property to expand their real estate empire and rent it out. Investors that want to fix and flip typically find a property in poor condition, buy it under market value, rehab the property, and then resell it so as to create a profit. Most fix and flip projects are done in under an year. Real estate investors who buy rental properties with a long term strategy, typically buy it and maintain it. Irrespective of your purpose – we can provide you funding. We finance all types of residential real estate investment properties. Many real estate investors come to us because they want to create numerous sources of recurring income. Some investors use a hard money loan to buy the property and then use a traditional loan to repay the hard money loan. Regardless of what your objective is, we can give you funding for your next loan.

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