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.


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

Chattanooga-Tennessee Hard Money Loans


Hard money loans are short-term loans that use real estate property for collateral. In some instances, a hard money loan is necessary because the person is unable to obtain a traditional mortgage loan. There are other times when real estate investors need a loan product that’s fast and easy. If you’re thinking about securing a hard money loan, you’ll want to make an informed decision. Keep reading to learn more about hard money loans.

About Hard Money Loans

Unlike traditional mortgage loans, hard money loans are primarily based on the value of your property as collateral. In other words, while your ability to repay the loan is considered, it isn’t necessarily the determining factor. When it comes to hard money loans, the collateral is the star of the show. Hard money lenders are individual investors and investment firms that look at loan applications differently than traditional mortgage lenders that follow strict criteria. Hard money lenders are more likely to overlook bad credit, foreclosures and bankruptcies.

There are different reasons why investors need real estate loans and there are products to accommodate various needs, such as the construction loan, bridge loan, fix-and-flip loan and owner-occupied loan. Incidentally, only about 10 percent of hard money lenders offer owner-occupied loans in some states because there are many regulations associated with consumer loan products.

An interesting hard money loan product that works for different situations is the bridge loan that enables you to purchase a property fast and then either refinance or resell it. You can also use a bridge loan to buy a property now, then get a cash down payment by selling a property already in your portfolio. Fix-and-flip loans are exactly as you might expect; you buy, fix and flip a property, then pay off the loan. Real estate developers use construction loans as a way to get started on a new construction project, then sell it fast or refinance.

A Closer Look at Hard Money Loans

Many real estate investors will tell you that hard money loans are appealing because they are fast and easy. In fact, the application process is simplified and financing can take less than a week, depending on the lender. Typically, you will need a cash down payment for a hard money loan that’s based on the Loan-To-Value (LTV) ratio or After-Repair-Value (ARV) ratio.

The term for hard money loans is one to several years. There’s a possibility that the monthly payments will be interest only instead of principal and interest. In fact, you could potentially have a loan that doesn’t require any payments until the loan matures. You would then be required to make a balloon payment that covers everything owed, including the principal, all remaining interest and any fees.

Advantages and Disadvantages

There’s a lot to consider when thinking about getting a hard money loan. One of the first questions to ask yourself is whether you can get a cheaper loan. If that’s not the case, then it’s worth looking at the advantages and disadvantages during your assessment of hard money loans. The good news about hard money loans is they provide the money that you need – fast! The relaxed requirements are also something to think about if you have low credit scores and income that’s hard to verify. Since the terms are flexible, a lender can often work out a custom solution that fits your situation.

For the sake of due diligence, you can’t ignore the fact that hard money loans have high interest rates, plenty of fees and short terms. You also have to be careful about the lender that you choose because there is limited government oversight. Then there’s the possibility of having a hard time refinancing because of traditional lending requirements. Nevertheless, many real estate investors are able to get past their concerns because a hard money loan offers a solution to their problem and enables continued investing.

Tennessee New Construction Loans

Your growing business needs a property that you can call your own. Whether you want to stop renting, expand your existing property, or are finally ready to take the plunge into building a property, it’s going to take money. Real estate construction is a natural progression. However, you have to look at the cost. You’re likely unable to pay for everything upfront. This is when it’s necessary to explore Tennessee new construction loans.

At Delancey Street, we offer creative financing for you to get your dream property built. You can build in Nashville, Memphis, Knoxville, or anywhere else in the state. When you know more about the loan options, it’s easier to make the right financial decision for your business.

The Need for a Construction Loan in Tennessee

When you build a property, you have to look at all of the expenses. You’ll need to pay for land development, labor, materials, and more. The best thing to do is to establish a construction plan. This will vary based on whether you’re renovating an existing property or building from the ground up.

Once you know the costs, you can seek out a construction loan in Tennessee. It will give you the money that you need to get started. It could be tens of thousands (or even millions) of dollars. Various lenders will work with you to get the money that you need.

Construction Loans vs. Commercial Mortgages

There are some big differences between construction loans and commercial mortgages. Traditional lenders (like a bank) will offer a commercial mortgage. They’ll have you jump through hoops in order to get approved. The entire amount will be provided at the beginning as a lump sum. From there, you may be able to finance over a 10-year period.

New construction loans in Tennessee are going to be a bit different. You draw a schedule of funds based on the various steps. For example, some money may be released when the land is being developed. Then, more money will be released when the foundation is poured. You will only pay interest on the money that has actually been released to you. In the end, when your project is complete, you can pay in full or finance over time. If you choose a repayment schedule, your new building will be the collateral that is necessary to secure your loan terms.

Obtaining a Loan for Your Project

When you start exploring the Tennessee new construction loans, you have to pay attention to what the lender is going to offer you.

First, expect to pay a down payment. This can vary between 10 and 30% in most instances. It ensures that you’re willing to put your money in for the project, too.

Second, you will need to understand some of the fees that may have to be paid, including project review, documentation, and processing fees.

Finally, you will need to look at the interest rate being given to you. Much of this is based on the lender as well as the credit score of your business.

Since every lender has different terms, you will want to do your research. It will ensure that you get the best possible deal that is available for your construction project.

At Delancey Street, we can help. Contact us today to learn how you can get the financing needed for your construction or renovation project.


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"
$125,000 Small Business Loan
"Thanks for funding me in literally 24 hours"
$35,000 Lawsuit Advance
"Great choice for first time fix and flippers"
$250,000 Hard money Loan

In The Media

Delancey Street CEO discusses ways to reward employees
Delancey Street CEO discusses the benefits of franchising on Forbes.
Delancey Street CEO discusses management on AMEX.
Get Out of Debt
Credit Card Debt Relief
Marital Debt Relief

Managing Marital Debt: Strategies for Financial Freedom Marriage can be…

Private Student Loan Debt Relief

Managing Private Student Loan Debt: Options for Relief Private student…

Veteran Debt Relief

Helping Veterans Find Financial Freedom Being a veteran comes with…

Delancey Street understands funding like no one else!
Steven Norris
Get Funding Today

Ready To Get Started?

If you have questions, feel free to shoot us an email, or fill out our live chat.

Apply Now